1202257
Registered charity number
ACTION 4 YOU
Trustees' Report and Financial Statements
for the year ended 31 December 2024
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ACTION 4 YOU CIO- Foundation
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Contents
Page
Reference and Administrative information 3
Trustees' annual report 4 - 5
Accountant's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 12
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ACTION 4 YOU CIO- Foundation
Charity information
Trustees who served during the year and up to the date of this report Trustee Sadik Alboraiki Trustee Marwan Ahmed Al-Himyari Trustee Mohamed Alawi Sherif Charity number 1202257 Registered office Suite 2A Blackthorn House, Mary Ann Street Birmingham B3 1RL Independent Examiner Meer & Co Chartered Accountants No.1 Cochrane House Admirals Way Canary Wharf London E14 9UD
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ACTION 4 YOU CIO- Foundation
Report of the Trustees' for the year ended 31 December 2024 ACTION 4 YOU
The Trustees present their annual report and the unaudited financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities.
Structure, governance and management
Governing document
The charity is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission on 09 March 2023 as a Foundation model CIO, it has no wider membership beyond its trustees. The Constitution sets out the charity’s objects, powers, and how it is to be administered.
Recruitment and appointment of trustees
The existing trustees are responsible for the recruitment of new trustees.
In selecting new trustees, we seek to identify people who have good reputation in community and are willing to volunteer to help in our broader community work. Potential trustees are invited to attend trustees' meeting as observers and are given more details of the charity's aims and activities and, if all agree, they are then proposed as new trustees at the subsequent trustees' meeting. This process allows due consideration of the person's eligibility, personal competence, specialist knowledge and skills.
Induction and training of trustees
A number of publications, detailed guides and how to guides, from the Charity Commission are also provided including "What makes a charity", "Charitable purposes and public benefit" and "Public benefit: the rules for charities". This ensures that new trustees are aware of the scope of their responsibilities tender the Charities Act.
Purpose and activities
Our purpose
The charity's purpose, as stated in its governing document, is the prevention or relief of poverty or financial hardship by providing financial support and humanitarian aid to charities and non- governmental organisations to assist in the provision of education, training, healthcare projects and all the necessary support designed to enable beneficiaries to generate a sustainable income and be self-sufficient.
Our activities
The charity is still in its early stages and continues to establish its foundations within the community. While larger-scale activities have not yet been undertaken, initial efforts have focused on building networks, raising awareness of the charity’s aims, and setting the groundwork for future programmes. During the year, the charity:
Began developing links with local organisations and community stakeholders to explore potential areas of collaboration.
Carried out small fundraising initiatives to introduce the charity’s work and engage the community.
Started shaping plans for future support programmes aimed at addressing poverty, hardship, and youth development.
These early steps are part of the charity’s longer-term commitment to grow its activities and deliver meaningful impact in the years ahead.
Activities and achievements
Achievements and performance
During the year ended 31 December 2024, the charity: Raised £3,984 in donations. Spent £1,252 on support and governance costs in furtherance of its charitable aims.
The trustees are satisfied with the progress made given the charity’s size and resources.
Financial review
Total income for the year was £3,984 and total expenditure was £1,252, leaving funds carried forward of £5,113.
Plan for future periods
The trustees intend to continue fundraising activities and expand support for individuals experiencing financial hardship, as well as young people in the community, through facilitated educational, developmental, and recreational opportunities in the coming year.
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Reserves policy
The charity operates a simple reserves policy to maintain sufficient funds to meet essential running costs and ensure continuity of activities.
Principal funding sources
The charity's main source of income is donations.
Investment policy and objectives
The charity has no long-term investments. Our cash reserves are held in bank accounts.
Statement of Trustees' responsibilities
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on 16 September 2025 its behalf by:
Marwan Ahmed Al-Himyari
Trustee 16/09/2025
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ACTION 4 YOU CIO- Foundation
Accountant's' report to the trustees of ACTION 4 YOU
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of the charity for the year ended 31 December 2024 from the charity’s accounting records and from information and explanations you have given us. As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/technical/practice-resources/regulations-standards-guidanceand-ethics
This report is made solely the charity’s Board of Directors/Trustees, as a body, in accordance with the terms of our engagement letter dated. Our work has been undertaken solely to prepare for your approval the financial statements of the charity and state those matters that we have agreed to state to them in this report in accordance with ICAEW Technical Release 08/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its Board of Directors/Trustees, as a body, for our work or for this report.
You have approved the financial information for the aforementioned period and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.
---------------------------------------------- Haroon Rafique- Chartered Accountant For and on behalf of Meer & Co Chartered Accountants
No 1 Cochrane House Admirals Way Canary Wharf London E14 9UD
16/09/2025
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ACTION 4 YOU
CIO- Foundation
Statement of financial activities for the year ended 31 December 2024 ACTION 4 YOU
| Notes Income and endowments from: Donations 3 Expenditure on: Raising funds 4 Charitable activities 5 Support and governance costs 7 Net gains/(losses) on investments Reconciliation of funds: Total funds brought forward 11 Net movement in funds Total funds carried forward Total expenditure Net income/(expenditure) Transfers between funds Total incoming resources |
Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds 2023/24 2023/24 2023/24 2022/23 2022/23 2022/23 £ £ £ £ £ £ 3,984 - 3,984 2,545 - 2,545 3,984 - 3,984 2,545 - 2,545 - - - - - - - - - - - - (1,252) (1,252) (164) - (164) (1,252) - (1,252) (164) - (164) - - - - - - 2,732 - 2,732 2,381 - 2,381 - - - - - - 2,732 - 2,732 2,381 - 2,381 - - 2,381 - 2,381 - - - 5,113 - 5,113 2,381 - 2,381 |
|---|---|
The notes on the following pages form an integral part of the accounts
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ACTION 4 YOU CIO- Foundation
Balance Sheet for the year ended 31 December 2024 ACTION 4 YOU
| Notes Fixed Assets Tangible Assets 9 Total Fixed Assets Current Assets Debtors Cash and cash equivalents Total Current Assets Liabilities Creditors falling due within one year 10 Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities The fund of the charity 11 Restricted income funds Creditors falling due after more than one year Unrestricted income funds Total charity funds |
Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds 2023/24 2023/24 2023/24 2022/23 2022/23 2022/23 £ £ £ £ £ £ 223 - 223 - - - 223 - 223 - - - - - - - - - - 5,690 - 5,690 2,381 - 2,381 5,690 - 5,690 2,381 - 2,381 - - (800) - (800) - - - 4,890 - 4,890 2,381 - 2,381 5,113 - 5,113 2,381 - 2,381 - - - - - - 5,113 - 5,113 2,381 - 2,381 - - - - - - 5,113 5,113 2,381 2,381 5,113 - 5,113 2,381 - 2,381 |
|---|---|
The charity’s gross income did not exceed £25,000 in the financial year and, therefore, no external scrutiny of the accounts is required under the Charities Act 2011
The notes on the following pages form an integral part of the accounts
The financial statements were approved by the Board on and signed on its behalf by
---------------------------------------------- Marwan Ahmed Al-Himyari Trustee Registration number, 1202257
Date 16/09/2025
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ACTION 4 YOU CIO- Foundation
Notes to the accounts for the year ended 31 December 2024 ACTION 4 YOU
1 GENERAL INFORMATION
The charity is a Charitable Incorporated Organisation (CIO) with foundation model status, registered in England and Wales
2 Accounting policies
Accounting convention
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Income resources
All incoming resources are recognised once the charity has entitlement to the resources, it is probable (more likely than not) that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability. Where there are terms or conditions attached to incoming resources, particularly grants, then these terms or conditions must be met before the income is recognised as the entitlement condition will not be satisfied until that point. Where terms or conditions have not been met or uncertainty exists as to whether they can be met then the relevant income is not recognised in the year but deferred and shown on the balance sheet as deferred income.
Income with related expenditure
Where income has related expenditure the income and related expenditure is reported gross in the SoFA.
Donations and legacies
Voluntary income received by way of grants, donations and gifts is included in the the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on donations and gifts
Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
Donated services and facilities
These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income
This is included in the accounts when receivable.
Gains/(losses) on revaluation of fixed assets
This includes any gain or loss resulting from revaluing investments to market value at the end of the year.
Gains/(losses) on investment assets
This includes any gain or loss on the sale of investments.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources
Allocation of support costs
Support costs are those costs which do not relate directly to a single activity. These include some staff costs, costs of administration, professional costs and IT support. Where relevant, support costs have been apportioned between fundraising costs and charitable activities on an appropriate basis.
Fund raising Costs
The costs of generating funds are those costs attributable to generating income for the charity, other than those costs incurred in undertaking charitable activities or the costs incurred in undertaking trading activities in furtherance of the charity’s objects.
Charitable activities
Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. These costs, where not wholly attributable, are apportioned between the categories of charitable expenditure in addition to the direct costs. The total costs of each category of charitable expenditure include an apportionment of support costs
Grants payable
All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Financial Instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
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Fund accounting
Unrestricted funds are donations and other incoming resources receivable or granted for the objects of the charity without further specified purpose and are available as general funds.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation fund are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.
Office equipment -3 years
Assets costing below £ 250 are not capitalised.
Cash and cash equivalents
Cash at bank and in hand is held to meet the day to day running costs of the charity as they fall due.
Taxation
The charity is exempt from corporation tax on its charitable activities
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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3 Income
The total income of the charity for the year has been derived from its principal activity wholly undertaken in the UK
| Unrestricted | Restricted |
Unrestricted | Restricted | ||||
|---|---|---|---|---|---|---|---|
| funds | income funds | Total funds | funds | income funds | Total funds | ||
| 2023/24 | 2023/24 | 2023/24 | 2022/23 | 2022/23 | 2022/23 | ||
| £ | £ | £ | £ | £ | £ | ||
| Donations | 3,984 - |
3,984 2,545 |
- | 2,545 | |||
| 3,984 - |
3,984 | 2,545 | - | 2,545 | |||
| 4 | Analysis of Expenditure on Raising funds | ||||||
| Raising funds | Unrestricted funds 2023/24 £ |
Restricted income funds 2023/24 £ - - |
Total 2023/24 £ |
Unrestricted funds 2022/23 £ - - |
Restricted income funds 2022/23 £ - |
Total 2022/23 £ - |
|
| Support Costs | - - |
- - |
- | - | |||
| Total | - - |
- - |
- | - | |||
| 5 | Analysis of Expenditure on Charitable Expenditure | ||||||
| Donation and grants | Unrestricted funds 2023/24 £ |
Restricted income funds 2023/24 £ - - |
Total 2023/24 £ |
Unrestricted funds 2022/23 £ - - |
Restricted income funds 2022/23 £ - |
Total 2022/23 £ - |
|
| Support Costs | - - |
- - |
- | - | |||
| Total | - - |
- - |
- | - | |||
| 6 | Allocation of Support Costs and overheads | ||||||
| Total | Raising Funds | Charitable | Activities | ||||
| Depreciation of equipment | 2023/24 £ 111 |
2022/23 £ - |
2023/24 £ |
2022/23 £ - - |
2023/24 £ - |
2022/23 £ - |
|
| Website hosting / subscription | 125 | - | - - |
- | - | ||
| Virtual office | 144 | 119 | - - |
- | - | ||
| Bank and card charges | 72 | 45 | - - |
- | - | ||
| Accountancy | 800 | - | - - |
- | - | ||
| 1,252 164 |
- - |
- | - | ||||
| Raising Funds | Unrestricted funds 2023/24 £ |
Restricted income funds 2023/24 £ - - |
Total 2023/24 £ |
Unrestricted funds 2022/23 £ - - |
Restricted income funds 2022/23 £ - |
Total 2022/24 £ - |
|
| Charitable Activites | - - |
- - |
- | - | |||
| - - |
- - |
- | - |
The trustees are in the process of establishing the charity’s operations and fundraising infrastructure, and expenditure to date relates to administration and support costs. No direct charitable grants or activities were undertaken in the year.
7 Support Costs and Overheads
| Depreciation of equipment Website hosting / subscription Virtual office Bank and card charges Accountancy |
Unrestricted funds Restricted income funds Total funds Unrestricted funds Restricted income funds Total funds 2023/24 2023/24 2023/24 2022/23 2022/23 2022/23 £ £ £ £ £ £ 111 - 111 - - - 125 - 125 - - - 144 - 144 119 - 119 72 - 72 45 - 45 800 - 800 - - - 1,252 - 1,252 164 - 164 |
|---|---|
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8 Employees
2023/24 2022/23
`
The average `monthly number of employees (including the Trustees) during the year were:
Management staff
| Mt tff | ||||||
|---|---|---|---|---|---|---|
| anagemen sa | - | - | ||||
| Employment Costs | 2023/24 | 2022/23 | ||||
| £ | £ | |||||
| Wages and salaries | - | - | ||||
| Social security costs | - | - | ||||
| Employers pension contribution | - | - | ||||
| - | - | |||||
| The number of employees whose emoluments pension | contributions and | employer's | ||||
| national insurance fell within the following ranges was: | ||||||
| £60,000 - £69,999 | - | - | ||||
| Tangible Fixed Assets | ||||||
| COST | Office Equipment £ |
Total £ |
||||
| Brought forward | - | - | ||||
| Additions | 334 | 334 | ||||
| Carried forward | 334 | 334 | ||||
| DEPRECIATION | 0 | |||||
| Brought forward | - | - | ||||
| Additions | 111 | 111 | ||||
| Carried forward | 111 | 111 | ||||
| NET BOOK VALUE | ||||||
| As at 31 December 2024 | 223 | 223 | ||||
| As at 31 December 2023 | - | - | ||||
| Creditors: Amounts falling due within one year | ||||||
| Accruals and deferred income | 2023/24 £ 800 |
2022/23 £ - |
||||
| 800 | - | |||||
| Funds movement | ||||||
| Brought | Income | Expenditure | Transfers | Carried | ||
| forward | forward | |||||
| £ | £ | £ | £ | £ | ||
| FUNDS- CURRENT YEAR | ||||||
| Analysis of unrestricted funds movement | ||||||
| General funds | 2,381 | 3,984 | - | 1,252 |
- | 5,113 |
| Analysis of restricted funds movement | ||||||
| Restricted funds | - | - | - | - | - | |
| Summary of Funds- Current year | 2,381 | 3,984 | - | 1,252 |
- | 5,113 |
| FUNDS- PRIOR YEAR | ||||||
| Analysis of unrestricted funds movement | ||||||
| General funds | - | 2,545 | - | 164 |
- | 2,381 |
| Analysis of restricted funds movement | ||||||
| Restricted funds | - | - | - | - | - | |
| Summary of Funds- Prior year | - | 2,545 | - | 164 |
- | 2,381 |
9 Tangible Fixed Assets
10 Creditors: Amounts falling due within one year
11 Funds movement
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