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2024-11-05-accounts

You Can Trust (CIO) Trustees, Annual Report & Accounts Registered ¢harlty number: 1206556 Registered offiGe: 606 Cassia Point, 2 Glasshouse Gardens. London. E20 1HU Fln&ncial period: 16January 2024-5 November 2024 (first period) Trustees, Annual Report 1. Reference and administrative details Charity name: You Can Trust Legalform: Charitable Incorporated Organisation (CIO) Charlty number: 1206556 Principal addre88: 606 Cassia Point, 2 Glasshouse Gardens. London. E20 1 HU Trustees durlng the poriod: Erdogan Kaya {Chairl. appointed 16 January 2024; Murat Gabin (Trusteel, appointed 16 January 2024. Koy advlsgrs: Bankers: Lloyds Bank o Independent examinerlauditor: Notapplicable forthis period (see 561 2. Structure, governance and management You Can Trust is a CIO registered in England and Wales. The charity isgoverned by its CIO constitution. Trustees are appointed in accordance with the governing document and Charity Commission guidance. Day-to-day operations are overseen bythe trustees: no employees were engaged during this period. The chartymaintains keygovernance policies le.g. financial controls, safeguarding, reserves. complaints, serious incident reporting. risk management. trustee expenses. conflicts of interest. investment. C8mpaigningi- 3. Objectives and activities Charitable objects: For the public benefit. to prevent or relieve poverty or financial hardship in the UK and Turkey. as thetrustees may designatefrom time to time by providing grants. Items. and services to individuals in need andlor to charities OT

other organisations workingto prevent or rekneve poverty. The area of benefit 1$ the UK and Turkey. Publlc baneflt: The trustees confirm they have had regard to the Charity Commission's guidance on public benefit in planning activities. Actlvltles In the perlod: This was a start-up period focus6d on registration. establishing governance, adopting core policies. and initial fundraising. No overseas activitywas undertaken. 4. Achievements and performance (highlights) Established the charity and governanceframework. Initialvoluntary Income receiv6d of £2.000. Set up core financlal procedures and digital record-keeping. No grants made and no semce deliverycommen¢ed pendingthe development of a first-year programme plan. 5. Plans for future periods Dellver 8 pilot programm8 81igned to our charitable objects. Bulld regular gi￿ng and 8pplyfor starter grants. Recruit additional trustee8fvolunteer$ with expertise in service delivery, fundraising and Safeguarding. 6. Financial review Summary: Total receipts £2.000 lall unrestricted): tot81 payments £130.40: net cash inflow £1.869.60: closingcash at bank£1.869.60. Regervos pollcy: AS 8 start-up CIO with lowfixed ¢0818. thetru8tee$ aim to hold a minimum free reserve equivalentto three months of ¢ore runnlng costs or £1,000, whichever is higher. reviewed annually. At period end. unrestricted free reseNes Stood at £1,869.60, which the trustees consider adequate for the current stage. Golngcon¢ern:Thetrustees ¢onsiderthe charity a going concern for at least twelve monthsfrom the date ofapproval. based on lowfixed costs and 8vai18ble cash. External scrutlny: Not required for this period as gross income was below £25,000.

  1. Risk man8gement Key start-up risks Ifinancial sustainabiliw. governance capacity, safeguarding and data protection) are mwtigated through conservative budgetin& trustee induction and policies, and proportionate controls. The board will review the risk register at18a$t annually.
  2. Statement of trustees, responsibilities The trustees are responsible for keeping proper accounting records and for preparing an annual report and accounts in accordancewith applicable law and th8 charity's constitution. The trustees are satisfied th8rthe accounts on the receipts and payments basls present fairly the receipts and payments of the charity for the period and the statement of assets and li8bilities at period end. Approved by the trustees on: 2 September 2025 Signed on behalf of the truste•$: Name: Murat Gabln. Trustee Narne: Erdogan Kaya. ChairTrustee Receipts & Payments Accounts (for the period ended 5 November 2024) Statement of Receipts and Payments Unrestricted £ Restricted £ Total£ Receipts Donations and legacie8 Total r8celpts 2.000.00 2.000.00 2,000.00 2.000.00 Payments Subscriptions {admin costs) Total payment$ 130.40 130.40 130.40 130.40 Net receipt$l(paymonts) 1.869.60 1,869.60 Statement of Balances (cash and funds) Unrestricted Restricted £ Total £ Cash at bank and in hand at start of period 0.00

Unrestricted £ 1.869.60 Restricted £ Total É Net receiptsllpaym entsl in the period Cash at bank and In hand at end of perlod (5 Nov 20241 1.869.60 1.869.60 1.869.60 Funds of the charlty at5 Nov2024 All funds are unr8gtrlctod. No restricted or endowment fund8 Were held. Notes to the Receipts & Payments Accounts 1. Basls ot proparatlon These accounts have been prepared on the rocelpt3 and paymènts basis In accordance with section 133 of the Charities Act 2011 and applicable regulations for CIOS. This is the charity's flrst a¢countlng perlod116 Jan 2024-5 Nov 20241; therefore. no prior year comparative8 are presented. 2. Naturo of tund• All receipts In the period were unrestricted donations. No restricted or endowment funds W8re recelv8d or held. 3. Trustees and related partles Notrustee received 8ny remunèratlon or benefitsfrom thecharity. No trustee 8xpenses were reimbursed in the period. There were no related party transactions. 4. Staff and voluntaers The charity had no employ•os durlngthe period; activities were delivered by truste8s and volunteers. 5. Grant$ made and programmo spend No gr8nt8 were made in the period. Programme activitywill commence in the next period following planning and fundraising. 6. Bank accounts The charity operated a Slngie UK b8nk account. Cash at bank at perlod end was £1,869.60. 7. CIO-spe¢lflc disclosuros {Regulatlon 62) As a CIO preparing receipts and payments accounts. the following disclosures are required: