**COMPANY REGISTRATION NUMBER: 13725992 CHARITY REGISTRATION NUMBER: 1203227**
## **YGMH**
## **Company Limited by Guarantee AMENDED Unaudited Financial Statements 30 November 2024**
## **WHITESIDE AND DAVIES LTD**
Chartered Certified Accountants 158 Cromwell Road Salford M6 6DE
## **YGMH**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 30 November 2024**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**4**|
|Statement of financial activities (including income and||
|expenditure account)|**6**|
|Statement of financial position|**7**|
|Notes to the financial statements|**8**|
## **YGMH**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 30 November 2024**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 November 2024.
## **Reference and administrative details**
**Registered charity name** YGMH **Charity registration number** 1203227 **Company registration number** 13725992 **Principal office and registered** 15 Hartington Street **office** Tyne And Wear United Kingdom NE8 4EN **The trustees** D Hanan H Emanuel N Lieberman **Independent examiner** Chaim Frenkel 158 Cromwell Road Salford M6 6DE
## **Structure, governance and management**
The Trustees in office throughout the year were Mr Naftoli Lieberman, Mr Harold Emanuel & Mr David Hanan. They were also directors for the purposes of company law.
**1**
## **YGMH**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 November 2024**
## **Objectives and activities**
The charity/company is established for the purpose of:
1) Acting as a resource for young people from the ages of 18 to 21 in the UK by providing advise and assistance and organising programmes of physical, educational and other activities as a means of: a)advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; b)advancing and supplying education; c)providing recreational and leisure time activity in the interests of social welfare for young people who have need by reason of their youth, age, poverty or social and economic circumstances with a view to improving the conditions of life of such young people. 2) The relief of financial hardship for the public benefit of young people and their families from the ages of 18 to 25 by providing grant funding, bursaries or any other financial arrangements to enable them to complete their education. 3) To relieve the charitable needs of people experiencing or at risk of experiencing poor mental health, their families and carers by providing grant funding to enable such people to access support and treatment and to alleviate financial hardship.
## **Public benefit**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.
## **Strategic report**
The following sections for achievements and performance and financial review form the strategic report of the charity.
## **Achievements and performance**
During the year, the charity received £255,600 in donations and grants (2023 - £3,905). This year was the first full year of the charity being active and the charity experienced large growth and development. Expenditure totalled £239,080 (2023 - £6,240).
There was an overall surplus for the year of £16,617 (2023 - £2,335 deficit).
The trustees would like to record their appreciation for all financial support received from benefactors during the course of the year. The trustees also give their appreciation to the CST for the security grants it procured for the charity and to The National Lottery Community Fund for the £19,955 grant it awarded the charity for project Letting It All Out. This project includes two weekend getaways and laser questing for the young people, supported by responsible adults and youth mentors. The project is designed to help enhance the young people's physical, social, mental and emotional wellbeing.
**2**
## **YGMH**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 30 November 2024**
## **Financial review**
The balance of unrestricted funds is a £2,675 surplus (2023 - £2,335 deficit). The balance of restricted funds is an £11,607 surplus (2023 - nil). These restricted funds were granted to the charity by The National Lottery Community Fund for project Letting It All Out and will be used for the continuation of the project. The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust and are satisfied that systems are in place to manage the charity's exposure to those risks.
The trustees' annual report and the strategic report were approved on 9 September 2025 and signed on behalf of the board of trustees by:
N Lieberman Trustee
**3**
## **YGMH**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of YGMH**
## **Year ended 30 November 2024**
I report to the trustees on my examination of the financial statements of YGMH ('the charity') for the year ended 30 November 2024.
## **Responsibilities and basis of report**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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.
## **Independent examiner's statement**
Since the charity’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 the Association of Chartered Certified Accountants, which is one of the listed bodies.
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 charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements 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
4. the financial statements 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).
**4**
## **YGMH**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of YGMH** _**(continued)**_
## **Year ended 30 November 2024**
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.
Chaim Frenkel Independent Examiner
158 Cromwell Road Salford M6 6DE
9 September 2025
**5**
## **YGMH**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 30 November 2024**
||||**2024**||2023|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|188,006|67,594|255,600|3,905|
|Investment income|**6**|97|–|97|–|
|||`─────────`|`────────`|`─────────`|`───────`|
|**Total income**||188,103|67,594|255,697|3,905|
|||`═════════`|`════════`|`═════════`|`═══════`|
|**Expenditure**||||||
|Expenditure on raising funds:||||||
|Costs of raising donations and||||||
|legacies|**7**|269|–|269|–|
|Expenditure on charitable activities|**8,9**|182,824|55,987|238,811|6,240|
|||`─────────`|`────────`|`─────────`|`───────`|
|**Total expenditure**||183,093|55,987|239,080|6,240|
|||`═════════`|`════════`|`═════════`|`═══════`|
|||`─────────`|`────────`|`─────────`|`───────`|
|**Net income/(expenditure) and net**||||||
|**movement in funds**||5,010|11,607|16,617|(2,335)|
|||`═════════`|`════════`|`═════════`|`═══════`|
|**Reconciliation of funds**||||||
|Total funds brought forward||(2,335)|–|(2,335)|–|
|||`─────────`|`────────`|`─────────`|`───────`|
|**Total funds carried forward**||2,675
`═════════`|11,607
`════════`|14,282
`═════════`|(2,335)
`═══════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 8 to 16 form part of these financial statements.**
**6**
## **YGMH**
## **Company Limited by Guarantee**
## **Statement of Financial Position**
## **30 November 2024**
|||**2024**|2023|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**16**|2,187|120|
|**Current assets**||||
|Debtors|**17**|4,415|–|
|Cash at bank and in hand||20,624|3,486|
|||`────────`|`───────`|
|||25,039|3,486|
|**Creditors: amounts falling due within one year**|**18**|12,944|5,941|
|||`────────`|`───────`|
|**Net current assets**||12,095|(2,455)|
|||`────────`|`───────`|
|**Total assets less current liabilities**||14,282|(2,335)|
|||`────────`|`───────`|
|**Net assets**||14,282|(2,335)|
|||`════════`|`═══════`|
|**Funds of the charity**||||
|Restricted funds||11,607|–|
|Unrestricted funds||2,675|(2,335)|
|||`────────`|`───────`|
|**Total charity funds**|**19**|14,282
`════════`|(2,335)
`═══════`|
For the year ending 30 November 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 9 September 2025, and are signed on behalf of the board by:
N Lieberman Trustee
**The notes on pages 8 to 16 form part of these financial statements.**
**7**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 30 November 2024**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 15 Hartington Street, Tyne And Wear, United Kingdom, NE8 4EN.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**8**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**9**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 20% straight line
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **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.
Debt instruments are subsequently measured at amortised cost.
**10**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments** _**(continued)**_
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **4. Limited by guarantee**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
## **5. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|**Donations**||||
|Donations received|188,006|–|188,006|
|**Grants**||||
|Security grants receivable|–|47,639|47,639|
|National Lottery grants received|–|19,955|19,955|
||`─────────`|`────────`|`─────────`|
||188,006|67,594|255,600|
||`═════════`|`════════`|`═════════`|
**11**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **5. Donations and legacies** _**(continued)**_
||Unrestricted|Restricted|Total Funds|
|---|---|---|---|
||Funds|Funds|2023|
||£|£|£|
|**Donations**||||
|Donations received|3,905|–|3,905|
|**Grants**||||
|Security grants receivable|–|–|–|
|National Lottery grants received|–|–|–|
||`───────`|`────`|`───────`|
||3,905|–|3,905|
||`═══════`|`════`|`═══════`|
## **6. Investment income**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2024**|Funds|2023|
|||£|**£**|£|£|
||Bank interest receivable|97|97|–|–|
|||`════`|`════`|`════`|`════`|
|**7.**|**Costs of raising donations and**|**legacies**||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2024**|Funds|2023|
|||£|**£**|£|£|
||Costs of raising donations|269|269|–|–|
|||`════`|`════`|`════`|`════`|
|**8.**|**Expenditure on charitable activities by fund type**|||||
||||Unrestricted|Restricted|**Total Funds**|
||||Funds|Funds|**2024**|
||||£|£|**£**|
||Direct charitable activity||150,315|8,348|158,663|
||Support costs||32,509|47,639|80,148|
||||`─────────`|`────────`|`─────────`|
||||182,824|55,987|238,811|
||||`═════════`|`════════`|`═════════`|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||£|£|£|
||Direct charitable activity||5,607|–|5,607|
||Support costs||633|–|633|
||||`───────`|`────`|`───────`|
||||6,240|–|6,240|
||||`═══════`|`════`|`═══════`|
**12**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **9. Expenditure on charitable activities by activity type**
|||Activities|||||
|---|---|---|---|---|---|---|
|||undertaken|Grant funding||**Total funds**|Total fund|
|||directly|of activities|Support costs|**2024**|2023|
|||£|£|£|**£**|£|
||Direct charitable activity|156,063|2,600|78,884|237,547|5,790|
||Governance costs|–|–|1,264|1,264|450|
|||`─────────`|`───────`|`────────`|`─────────`|`───────`|
|||156,063|2,600|80,148|238,811|6,240|
|||`═════════`|`═══════`|`════════`|`═════════`|`═══════`|
|**10.**|**Analysis of support costs**||||||
|||||Analysis of|||
|||||support costs|**Total 2024**|Total 2023|
|||||£|**£**|£|
||Premises|||22,923|22,923|180|
||Communications and IT|||448|448|–|
||General office|||7,874|7,874|–|
||Finance costs|||–|–|3|
||Governance costs|||1,264|1,264|450|
||Security|||47,639|47,639|–|
|||||`────────`|`────────`|`────`|
|||||80,148|80,148|633|
|||||`════════`|`════════`|`════`|
|**11.**|**Analysis of grants**||||||
||||||**2024**|2023|
||||||**£**|£|
||**Grants to individuals**||||||
||Grants less than £3,000||||2,600|–|
||||||`───────`|`────`|
||Total grants||||2,600|–|
||||||`═══════`|`════`|
|**12.**|**Net income/(expenditure)**||||||
||Net income/(expenditure) is stated after||charging/(crediting):||||
||||||**2024**|2023|
||||||**£**|£|
||Depreciation of tangible fixed assets||||24|–|
||||||`════`|`════`|
|**13.**|**Independent examination**|**fees**|||||
||||||**2024**|2023|
||||||**£**|£|
||Fees payable to the independent examiner for:||||||
||Independent examination of the financial statements||||1,200
`═══════`|450
`════`|
**13**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **14. Staff costs**
|The total staff costs and employee benefits for the reporting period are analysed as|The total staff costs and employee benefits for the reporting period are analysed as|follows:|
|---|---|---|
||**2024**|2023|
||**£**|£|
|Wages and salaries|60,009
`════════`|–
`════`|
|The average head count of employees during the year was 7 (2023: Nil).|The average|number of|
|---|---|---|
|full-time equivalent employees during the year is analysed as follows:|||
||**2024**|2023|
||**No.**|No.|
|Number of staff - teaching|5|–|
|Number of staff - admin|2|–|
||`────`|`────`|
||7|–|
||`════`|`════`|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
## **15. Trustee remuneration and expenses**
Mr H Emaunuel, a trustee of the charity, is employed by the charity as a teacher. He receives a monthly wage for his teaching hours, as permitted in the charity's Articles of Association, but his work as a trustee is unpaid.
Mr H Emanuel received £10,683 of remuneration in the year. Apart from this, no remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **16. Tangible fixed assets**
||Fixtures and|||
|---|---|---|---|
||fittings|Equipment|**Total**|
||£|£|**£**|
|**Cost**||||
|At 1 December 2023|120|–|120|
|Additions|1,826|265|2,091|
||`───────`|`────`|`───────`|
|**At 30 November 2024**|1,946|265|2,211|
||`═══════`|`════`|`═══════`|
|**Depreciation**||||
|At 1 December 2023|–|–|–|
|Charge for the year|24|–|24|
||`───────`|`────`|`───────`|
|**At 30 November 2024**|24|–|24|
||`═══════`|`════`|`═══════`|
|**Carrying amount**||||
|**At 30 November 2024**|1,922|265|2,187|
||`═══════`|`════`|`═══════`|
|At 30 November 2023|120|–|120|
||`═══════`|`════`|`═══════`|
**14**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
**17. Debtors**
|||**2024**|2023|
|---|---|---|---|
|||**£**|£|
||Prepayments and accrued income|4,415|–|
|||`═══════`|`════`|
|**18.**|**Creditors:** **amounts falling due within one year**|||
|||**2024**|2023|
|||**£**|£|
||Trade creditors|6,510|–|
||Accruals and deferred income|6,187|5,941|
||Social security and other taxes|245|–|
||Other creditors|2|–|
|||`────────`|`───────`|
|||12,944|5,941|
|||`════════`|`═══════`|
## **19. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**||||||
|---|---|---|---|---|---|
|||At|||**At**|
||1|Dec 2023|Income|Expenditure|**30 Nov 2024**|
|||£|£|£|£|
|General funds||(2,335)|188,103|(183,093)|2,675|
|||`═══════`|`═════════`|`═════════`|`═══════`|
|||At|||At|
||1|Dec 2022|Income|Expenditure|30 Nov 2023|
|||£|£|£|£|
|General funds||–|3,905|(6,240)|(2,335)|
|||`════`|`═══════`|`═══════`|`═══════`|
**15**
## **YGMH**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 30 November 2024**
## **19. Analysis of charitable funds** _**(continued)**_
## **Restricted funds**
|**Restricted funds**|||||
|---|---|---|---|---|
||At|||**At**|
||1 Dec 2023|Income|Expenditure|**30 Nov 2024**|
||£|£|£|£|
|Restricted Fund – security grants|–|47,639|(47,639)|–|
|Restricted Fund – National Lottery grants|–|19,955|(8,348)|11,607|
||`────`|`────────`|`────────`|`────────`|
||–|67,594|(55,987)|11,607|
||`════`|`════════`|`════════`|`════════`|
||At|||At|
||1 Dec 2022|Income|Expenditure|30 Nov 2023|
||£|£|£|£|
|Restricted Fund – security grants|–|–|–|–|
|Restricted Fund – National Lottery grants|–|–|–|–|
||`────`|`────`|`────`|`────`|
||–|–|–|–|
||`════`|`════`|`════`|`════`|
|**Analysis of net assets between funds**|||||
|||Unrestricted|Restricted|**Total Funds**|
|||Funds|Funds|**2024**|
|||£|£|**£**|
|Tangible fixed assets||2,187|–|2,187|
|Current assets||9,017|16,022|25,039|
|Creditors less than 1 year||(8,529)|(4,415)|(12,944)|
|||`───────`|`────────`|`────────`|
|**Net assets**||2,675|11,607|14,282|
|||`═══════`|`════════`|`════════`|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||£|£|£|
|Tangible fixed assets||120|–|120|
|Current assets||3,486|–|3,486|
|Creditors less than 1 year||(5,941)|–|(5,941)|
|||`───────`|`────`|`───────`|
|**Net assets**||(2,335)|–|(2,335)|
|||`═══════`|`════`|`═══════`|
## **20. Analysis of net assets between funds**
## **21. Amended reports and financial statements**
These amended accounts replace the original accounts, are now the statutory accounts and are prepared as they were at the date of the original accounts.
**16**