**CHARITY REGISTRATION NUMBER: 1205735**
## **YESOID CIO**
# **Unaudited Financial Statements 31 December 2025**
## **HAFFNER HOFF LTD**
Accountants 2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL
## **YESOID CIO**
## **Financial Statements**
## **Year ended 31 December 2025**
||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**9**|
|Statement of financial activities|**10**|
|Statement of financial position|**11**|
|Notes to the financial statements|**12**|
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
## **Yesoid CIO Registered Charity Number: 1205735 Report of the Trustees (TAR) for the Year Ended 31 December 2025**
## **Trustees’ Annual Report**
The Trustees have the pleasure of presenting the annual report and financial statements for the year ended 31/12/2025. The Trustees would like to express their gratitude to all the volunteers for their support and donations that are sustaining the charity.
## **Objective:**
The objects of Yesoid are to support Jewish young people, particularly through leisure-time activities, mentoring, and safe community spaces, to develop their confidence, skills, and personal capabilities, enabling them to grow to full maturity as individuals and active members of society.
## **Governance and Management:**
Yesoid is a Charitable Incorporated Organisation (CIO) governed by a constitution adopted on 23 October 2023.
## **Trustees:**
The following individuals served as trustees during the year:
Jeremy Rose (Chair) Mathew Ryan Kanter Philipp Chaim Berkovits Adam Salomon
The trustees serve on a voluntary basis, and details of any related party transactions are disclosed, where applicable, in the notes to the accounts. Recruitment and appointment of new trustees is carried out in line with the charity’s constitution, taking into account the skills, experience, and needs of the organisation.
## **Risk Review:**
The trustees have assessed the principal risks facing the charity, including safeguarding and premises-related risks. Controls are in place, including safeguarding policies and procedures, trained
**- 1 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
staff and mentors, supervised sessions, controlled access to the building via a keypad entry system, secure sign-in procedures for visitors and attendees, and CCTV in communal areas to support the safety and welfare of young people and staff.
## **Achievements and Performance:**
During the year, the total income increased to £208,237, compared with £76,748 in the previous year. This was used to deliver mentoring and youth support activities in line with the charity’s objects.
## **Delivery during the year included:**
- Provision of a safe, supervised youth center offering regular evening and drop-in sessions for Jewish children, including extended opening hours during higher-risk periods such as evenings and school holidays, ensuring consistent access to safe spaces and trusted adults.
- Delivery of one-to-one mentoring for young people experiencing emotional, social, or behavioral challenges, providing calm, consistent early-intervention support.
- Targeted support for neurodiverse young people, delivered through flexible mentoring approaches, inclusive activities, and a supportive environment tailored to individual needs.
- Inclusive mentoring support for neurotypical young people, helping to normalise help-seeking, reduce stigma around accessing support, and promote early engagement before difficulties escalate.
- Support for young people who are excluded from school, on reduced timetables, or at risk of exclusion, helping them maintain routine, positive engagement, and connection to trusted adults.
- Group activities designed to promote confidence, emotional resilience, and a sense of belonging, including games, sports, informal discussions, and structured sessions.
- A summer holiday program providing structured activities alongside holiday food provision, ensuring young people had access to safe spaces, positive engagement, and nutritious meals during the school holidays.
- Delivery of a non-competitive, inclusive football league, designed to increase participation among young people who face social, cultural, or confidence-related barriers to traditional sports settings.
- Delivery of a culturally appropriate community concert, attended by approximately 1,000 people, supporting intergenerational connection and community cohesion.
- Additional youth support and responsive activities were delivered in direct response to the terrorist attack, offering reassurance, safe spaces, and increased adult presence during a period of heightened anxiety within the community.
- Informal life-skills development through activities and mentoring, supporting young people to build confidence, communication skills, emotional awareness, and positive routines.
- Engagement with parents and carers to support young people’s wellbeing and ensure support was appropriate and responsive to individual needs.
- Partnership working with schools, community organisations, and professionals to provide coordinated, culturally appropriate support.
- Recruitment, training, supervision, and ongoing support of volunteers and mentors to ensure
**- 2 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
safe, consistent delivery in line with safeguarding best practice.
## **Yesoid youth center spaces used for supervised activities and mentoring**
## **Service Users Supported and Evidence of Impact**
During the year, Yesoid supported 100 young people through mentoring and 120 through youth activities. 40 parents received guidance and support.
Yesoid measures impact through short, age-appropriate surveys completed by young people at the start of mentoring and at six-monthly intervals, alongside attendance and engagement data.
Evaluation findings showed measurable improvements in young people’s self-reported wellbeing, confidence, and experience of mentoring over time.
Average scores (out of 5) increased across all areas measured, including:
- confidence in talking to a trusted adult (2.4 before, 3.3 after)
- ability to cope when feeling upset or overwhelmed (2.3 before, 3.2 after)
- feeling safe and supported at Yesoid (2.6 before, 3.6 after)
- feeling positive about the future (2.5 before, 3.4 after)
- feeling listened to by a mentor (2.7 before, 3.8 after)
- feeling a sense of belonging at Yesoid (2.8 before, 3.9 after)
_(See graph below)_
**- 3 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
Attendance data demonstrated sustained engagement over time, highlighting the value of consistent mentoring relationships and regular access to safe, trusted spaces.
## **Culturally Appropriate and Trusted Support:**
The outcomes shown above reflect the importance of providing support that is culturally appropriate, trusted, and rooted within the community. Young people engage more openly and consistently when they feel understood, safe, and respected, and when support is delivered by adults who are familiar with their cultural context.
Feedback from young people and families indicates that Yesoid’s approach helps reduce barriers to accessing support, normalises help-seeking, and enables earlier engagement before difficulties escalate. This trust and cultural understanding underpin the positive outcomes demonstrated in the data.
## **Promotional Work Undertaken:**
- Yesoid promoted its services through trusted community networks and partnerships to ensure that young people and families were aware of the available support.
- Information about activities and support was shared through direct engagement with parents and families, word of mouth, and referrals from schools and community organisations.
- Promotion also took place via the charity’s website and targeted paid offline advertising,
**- 4 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
enabling young people and parents to access up-to-date information about sessions and activities.
- Community events and activities provided additional opportunities to raise awareness of Yesoid’s work, helping to normalise help-seeking and reduce stigma around accessing support.
As a result of this approach, Yesoid continued to see steady engagement from young people and families throughout the year.
## **Samples of Qualitative Feedback:**
Young people and families shared the following feedback about their experience of Yesoid:
- “I feel like I belong here and that people actually listen to me.”
- “Having someone I can talk to has helped me feel less alone and calmer.”
- “Yesoid is the one place I feel safe being myself.”
- “It helps knowing there’s always someone there when I need support.”
- “I feel more confident talking to adults now.”
- “Coming to Yesoid gives me something positive to look forward to.”
- “My child has really benefitted from having a trusted mentor.”
- “Yesoid has made a big difference to my son’s confidence.”
- “It’s helped my child feel more settled and supported.”
- “I’m really grateful this service exists in our community.”
## **Future Plans:**
Over the coming year, Yesoid will focus on strengthening its organisational capacity, safeguarding practice, and quality of delivery, alongside the continued development of its mentoring and youth provision.
Key priorities include:
- Employing a part-time Governance and Compliance Officer (15 hours per week) to strengthen oversight of safeguarding, policies, monitoring and evaluation, and regulatory compliance, ensuring the charity continues to operate to a high standard as it grows.
- Delivering enhanced safeguarding training for staff, mentors, and volunteers, alongside Level 2 mentoring training, to ensure consistent practice, clear boundaries, and high-quality support for young people.
- Working towards formal organisational accreditation, embedding recognised standards across governance, safeguarding, and service delivery to further strengthen quality and accountability.
- Implementing and fully embedding a CRM system, enabling improved tracking of engagement, outcomes, safeguarding actions, and reporting, and strengthening evidence for funders and trustees.
**- 5 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
- Continuing to develop mentoring and youth activities, with a focus on inclusive provision, non-competitive sport, life-skills development, and safe spaces during evenings and school holidays.
- Expanding holiday provision, including activities and food support, to reduce isolation and provide stability during school breaks.
- Strengthening partnership working with schools and community organisations to support early identification of need and coordinated support for young people.
Through these developments, Yesoid aims to build a more resilient, well-governed organisation, ensuring young people continue to receive safe, trusted, and effective support.
## **Case Studies:**
The following anonymised case studies illustrate the impact of Yesoid’s mentoring and youth support on individual young people.
## **Case Study 1 – Preventing escalation through consistent mentoring Background**
A 14-year-old boy was referred to Yesoid due to increasing emotional dysregulation, withdrawal from peers, and frequent conflict at home and school. He struggled to trust adults and had begun disengaging from structured activities, placing him at risk of further isolation.
## **Support provided**
The young person was offered regular one-to-one mentoring with a consistent mentor. Sessions focused on building trust, emotional awareness, and practical coping strategies, alongside informal activities that created space for conversation without pressure. Support was delivered in a calm, predictable environment, helping to reduce anxiety and resistance.
## **Outcome**
Over time, the young person became more able to express feelings verbally rather than through anger or withdrawal. He reported feeling calmer, more confident talking to adults, and better able to manage difficult emotions. Attendance remained consistent, and he gradually re-engaged with group activities, developing positive peer connections and a stronger sense of belonging.
## **Case Study 2 – Stability and inclusion for a neurodiverse young person**
## **Background:**
A neurodiverse young person aged 16 attended Yesoid following difficulties coping in school and feeling socially isolated. He found change and unstructured situations challenging and had low confidence in social settings. His parents were concerned about increasing disengagement and emotional distress.
## **Support provided**
Yesoid provided flexible mentoring tailored to the young person’s needs, alongside access to inclusive, non-competitive activities. Sessions were structured, predictable, and delivered by a trusted mentor who understood how to adapt communication and expectations to support engagement.
**- 6 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
## **Outcome**
The young person developed a stronger sense of safety and routine at Yesoid. He reported feeling understood and listened to, attended sessions regularly, and began to participate more confidently alongside peers. Parents reported improved emotional regulation and greater willingness to engage in activities outside the home.
## **Events Since the Year End**
Since the end of the reporting period, Yesoid has continued to strengthen its governance, safeguarding and monitoring systems. Key developments include:
- Development and implementation of a comprehensive Mentor Handbook to support consistent, high-quality mentoring practice.
- Introduction of structured monitoring and evaluation surveys to strengthen outcome measurement and evidence collection.
- Development and implementation of a bespoke CRM system, enabling real-time mentor reporting, improved safeguarding oversight, enhanced data collection and more robust reporting to trustees and funders.
- Completion of additional safeguarding training by staff, mentors and volunteers to ensure continued adherence to best practice.
- Appointment and training of a designated Fire Warden to strengthen health and safety arrangements.
- Securing multi-year funding from BBC Children in Need, providing greater financial stability and supporting the long-term sustainability of the charity's mentoring and youth provision.
These developments will help ensure that Yesoid continues to provide safe, effective and well-governed support for young people while strengthening its ability to measure and demonstrate impact.
## **Financial review**
The trustees are delighted to have made many valuable contributions to the community as a result of this income and hope to be able to do so for many years to come.
## **Reserves policy**
The unrestricted fund represents the unrestricted funds arising from past operating results.
The trustees are satisfied that the balance of the fund is an acceptable level of reserves given the nature of revenue receipts against grants payable.
In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve roughly equal to the net current assets of the charity.
**- 7 -**
## **YESOID CIO**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2025**
The charity's free reserves amounted to £43,440 which is the net current assets less the restricted assets.
The trustees' annual report was approved on 01 June 2026 and signed on behalf of the board of trustees by:
**J Rose** Trustee
**- 8 -**
## **YESOID CIO**
## **Independent Examiner's Report to the Trustees of YESOID CIO**
## **Year ended 31 December 2025**
I report to the trustees on my examination of the financial statements of YESOID CIO ('the charity') for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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**
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 the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable 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.
## **Mr Howard Schwalbe ACA**
Independent Examiner
2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL
01 June 2026
**- 9**
## **YESOID CIO**
## **Statement of Financial Activities**
## **Year ended 31 December 2025**
||||||Period from|
|---|---|---|---|---|---|
||||||15 Nov 23 to|
|||**Year**|**to** **31 Dec 25**||31 Dec 24|
|||Unrestricted|Restricted|||
|||funds|funds**Total funds**||Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**4**|108,046|45,000|153,046|43,474|
|Charitable activities|**5**|49,656|–|49,656|29,654|
|Investment income|**6**|35|–|35|–|
|Other income|**7**|5,500|–|5,500|3,620|
|||--------------------------------|----------------------------|--------------------------------|----------------------------|
|**Total income**||163,237|45,000|208,237|76,748|
|||================================|============================|================================|============================|
|**Expenditure**||||||
|Expenditure on raising funds:||||||
|Costs of raising donations and||||||
|legacies|**8**|8,220|–|8,220|–|
|Expenditure on charitable activities|**9,10**|111,452|18,000|129,452|72,161|
|||--------------------------------|----------------------------|--------------------------------|----------------------------|
|**Total expenditure**||119,672|18,000|137,672|72,161|
|||================================|============================|================================|============================|
|||--------------------------------|----------------------------|--------------------------------|----------------------------|
|**Net income and net movement in**|**funds**|43,565|27,000|70,565|4,587|
|||================================|============================|================================|============================|
|**Reconciliation of funds**||||||
|Total funds brought forward||1,587|3,000|4,587|–|
|||--------------------------------|----------------------------|--------------------------------|----------------------------|
|**Total funds carried forward**||45,152|30,000|75,152|4,587|
|||================================|============================|================================|============================|
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 11 to 19 form part of these financial statements.**
**- 10**
## **YESOID CIO**
## **Statement of Financial Position**
## **31 December 2025**
|||**2025**|2024|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**16**|6,992|1,957|
|**Current assets**||||
|Debtors|**17**|6,666|2,446|
|Cash at bank and in hand||67,470|844|
|||----------------------------|-----------------------|
|||74,136|3,290|
|**Creditors: amounts falling due within one year**|**18**|696|660|
|||----------------------------|-----------------------|
|**Net current assets**||73,440|2,630|
|||----------------------------|-----------------------|
|**Total assets less current liabilities**||80,432|4,587|
|**Creditors: amounts falling due after more than one year**|**19**|5,280|–|
|||----------------------------|-----------------------|
|**Net assets**||75,152|4,587|
|||============================|=======================|
|**Funds of the charity**||||
|Restricted funds||30,000|3,000|
|Unrestricted funds||45,152|1,587|
|||----------------------------|-----------------------|
|**Total charity funds**|**20**|75,152
============================|4,587
=======================|
These financial statements were approved by the board of trustees and authorised for issue on 01 June 2026, and are signed on behalf of the board by:
## **J Rose**
Trustee
**The notes on pages 11 to 19 form part of these financial statements.**
**- 11**
## **YESOID CIO**
## **Notes to the Financial Statements**
## **Year ended 31 December 2025**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is a CIO. The address of the principal office is 79a Windsor Road, Prestwich, Manchester, M25 0DB.
## **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 Charities Act 2011.
## **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 did not require management to make judgements, estimates and assumptions that affect the amounts reported.
## **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.
**The notes on pages 11 to 19 form part of these financial statements.**
**- 12**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
## **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, non-charitable 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
**- 13**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
accumulated depreciation and subsequent accumulated impairment losses.
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:
Equipment
- 25% 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.
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
**- 14**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
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. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2025**|
||£|£|**£**|
|**Donations**||||
|Donations|72,274|–|72,274|
|**Grants**||||
|Grants receivable|35,772|45,000|80,772|
||--------------------------------|----------------------------|--------------------------------|
||108,046|45,000|153,046|
||================================|============================|================================|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2024|
||£|£|£|
|**Donations**||||
|Donations|8,674|–|8,674|
|**Grants**||||
|Grants receivable|20,000|14,800|34,800|
||----------------------------|----------------------------|----------------------------|
||28,674|14,800|43,474|
||============================|============================|============================|
**- 15**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
## **5. Charitable activities**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Mentoring|49,656|49,656|29,654|29,654|
|||============================|============================|============================|============================|
|**6.**|**Investment income**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Bank interest receivable|35|35|–|–|
|||==============|==============|==============|==============|
|**7.**|**Other income**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Rental income|5,500|5,500|3,620|3,620|
|||=======================|=======================|=======================|=======================|
|**8.**|**Costs of raising donations and legacies**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Costs of raising donations and|||||
||legacies|8,220|8,220|–|–|
|||=======================|=======================|==============|==============|
|**9.**|**Expenditure on charitable activities by fund type**|||||
||||Unrestricted|Restricted|**Total Funds**|
||||Funds|Funds|**2025**|
||||£|£|**£**|
||Mentoring and youth activities||109,978|18,000|127,978|
||Support costs||1,474|–|1,474|
||||--------------------------------|----------------------------|--------------------------------|
||||111,452|18,000|129,452|
||||================================|============================|================================|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2024|
||||£|£|£|
||Mentoring and youth activities||59,594|11,800|71,394|
||Support costs||767|–|767|
||||----------------------------|----------------------------|----------------------------|
||||60,361|11,800|72,161|
||||============================|============================|============================|
**- 16**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
## **10. Expenditure on charitable activities by activity type**
||Activities||||
|---|---|---|---|---|
||undertaken|Support|**Total funds**|Total fund|
||directly|costs|**2025**|2024|
||£|£|**£**|£|
|Mentoring and youth activities|127,978|779|128,757|71,502|
|Governance costs|–|695|695|659|
||--------------------------------|-----------------------|--------------------------------|----------------------------|
||127,978|1,474|129,452|72,161|
||================================|=======================|================================|============================|
## **11. Analysis of support costs**
|||Analysis of|||
|---|---|---|---|---|
|||support costs|**Total 2025**|Total 2024|
|||£|**£**|£|
||General office|778|778|108|
||Governance costs|696|696|659|
|||-----------------------|-----------------------|--------------|
|||1,474|1,474|767|
|||=======================|=======================|==============|
|**12.**|**Net income**||||
||Net income is stated after charging/(crediting):||||
||||**2025**|2024|
||||**£**|£|
||Depreciation of tangible fixed assets||2,548|652|
||||=======================|==============|
|**13.**|**Independent examination fees**||||
|||||Period from|
||||**Year to**|15 Nov 23 to|
||||**31 Dec 25**|31 Dec 24|
||||**£**|£|
||Fees payable to the independent examiner for:||||
||Independent examination of the financial statements||696
==============|660
==============|
## **14. Staff costs**
The average head count of employees during the year was Nil (2024: Nil).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
## **15. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
**- 17**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
**16. Tangible fixed assets**
||||**Equipment**|
|---|---|---|---|
||||**£**|
||**Cost**|||
||At 1 January 2025||2,609|
||Additions||7,583|
||||----------------------------|
||**At 31 December 2025**||10,192|
||||============================|
||**Depreciation**|||
||At 1 January 2025||652|
||Charge for the year||2,548|
||||----------------------------|
||**At 31 December 2025**||3,200|
||||============================|
||**Carrying amount**|||
||**At 31 December 2025**||6,992|
||||============================|
||At 31 December 2024||1,957|
||||============================|
|**17.**|**Debtors**|||
|||**2025**|2024|
|||**£**|£|
||Trade debtors|6,666|2,446|
|||=======================|=======================|
|**18.**|**Creditors:** **amounts falling due within one year**|||
|||**2025**|2024|
|||**£**|£|
||Accruals and deferred income|696|660|
|||==============|==============|
|**19.**|**Creditors:** **amounts falling due after more than one year**|||
|||**2025**|2024|
|||**£**|£|
||Trade creditors|5,280|–|
|||=======================|==============|
**- 18**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
## **20. Analysis of charitable funds**
||**Unrestricted funds**||||||
|---|---|---|---|---|---|---|
|||At|01|||**At 31**|
|||Jan 2025||Income|Expenditure|**Dec 2025**|
|||£||£|£|£|
||General funds|1,587||163,237|(119,672)|
45,152|
|||=======================||================================|================================|============================|
|||At|15|||At 31|
|||Nov 2023||Income|Expenditure|Dec 2024|
|||£||£|£|£|
||General funds||–|61,948|(60,361)|
1,587|
|||==============||============================|============================|=======================|
||**Restricted funds**||||||
|||At|01|||**At 31**|
|||Jan 2025||Income|Expenditure|**Dec 2025**|
|||£||£|£|£|
||Restricted fund - grants receivable|3,000||45,000|(18,000)|
30,000|
|||=======================||============================|============================|============================|
|||At|15|||At 31|
|||Nov 2023||Income|Expenditure|Dec 2024|
|||£||£|£|£|
||Restricted fund - grants receivable||–|14,800|(11,800)|
3,000|
|||==============||============================|============================|=======================|
|**21.**|**Analysis of net assets between funds**||||||
|||||Unrestricted|Restricted|**Total Funds**|
|||||Funds|Funds|**2025**|
|||||£|£|**£**|
||Tangible fixed assets|||6,992|–|6,992|
||Current assets|||44,136|30,000|74,136|
||Creditors less than 1 year|||(696)|–|(696)|
||Creditors greater than 1 year|||(5,280)|–|(5,280)|
|||||----------------------------|----------------------------|----------------------------|
||**Net assets**|||45,152|30,000|75,152|
|||||============================|============================|============================|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2024|
|||||£|£|£|
||Tangible fixed assets|||1,957|–|1,957|
||Current assets|||3,290|–|3,290|
||Creditors less than 1 year|||(660)|–|(660)|
||Creditors greater than 1 year|||–|–|–|
|||||-----------------------|--------------|-----------------------|
||**Net assets**|||4,587|–|4,587|
|||||=======================|==============|=======================|
**- 19**
## **YESOID CIO**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2025**
## **22. Taxation**
Yesoid CIO is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
**- 20**