Charity rcgi5traiion number.. 1207797 The Kyem Initiative R¢ and Fin¢111 Stthrnents for the period from I l Awil 2024 31 2025 Community A¢Uting Plus Units l & 2 liorth Wui 41 Talboi STr¢ Nottingham NGI 5GL
The Kyem llliliative Conlellts (continutd) Reference and AdmInistr1Ve Dethils Trustee5' Rert 2to3 Swemeni of TnJstees' R+wibiliti Independethi Exwnincrf$ Rcpxt S14temen¢ of Finw¢ial Adiviti Shcct Note5 to the FInela1 Sta*menty 810 12
Tbe Kycm Initiative Reference and Administrative Details Trnstt Heath (Thair Haidee Sian Watson. Treasurer Nicola Joy Silver 1207797 Ch*rbty Re8l¥tr•tion Number Prlndpil Offlct Foxh] LLxIBe Foxhall Road N¢Aungham NG7 6LH IndependeTht Examiner Eva Smen5. employee of Community Accountin8 Plus Uthits l & 2 North W¢51 41 Talknl Stre NottiTh¥hwn NGI 5GL Pag¢ I
The Kvem Initiative Trn5tees' Report The preseni the rejkn together with the sth¢emMLS ofthe chlty for the period ended 31 Augusi 2015. Strurturei governnce Ind olgoverniNR documeni The charity Is owed uthder the rules of its ¢(titlon CIO Found10 ffgisiered I lth April 2024. Our ¢ru$i¢¢ r¢rruimi¢ni pr¢55 involv¢5 a skills wdiL follow¢d by usin8 thi$ w iofomi A ¢le¥ mle du¢ription b¢fore adv¢rtlsin8. We iDt¢ryiews and sel¢¢t suithbl¢ uDdidai¢s before frlY wtK)iniin8 Bnd indufflinB them. ObjectiveJ and Aetivltlts ObJed¥ aMdal• The objccts of th¢ CIO gr¢.. 3.1 the preveniion or relief of Foveny or fin¢111 hardship in the cast midld5 and 5urroundin8 ar¢&% by providing l or 4$5iMing in the pft>¥i$ion ofsuppon seNi¢es to tndividuals in need. with fo¢us on the preveniion of homele55fbess. 3.• the ller of those in need. by reason of youth. age. ill-health. dimbility. financial hardship or (Mher dis>lvanEa8e in the e4M midlands and 5urroundin8 areas through the provj5ion of outruch supwrt rvice4 a fc¢us on tenancy SuslMen1 and suppjrt. P4bll¢ beeJ71 The ¢xganisaiion provides SupE for people on low itKomes Ther1ts. or se expenencin8 homelessness and pov¢ny w improve wld b¢¢W their Iivek This 1$ mlinly throv8h in PeTWn SUPM guidwtt and Advo¢a¢y wo$. Our activiiies benefit th¢ publi¢ hdpih8 to allevi w¢ssure on strthed tsff¢Mng $upp)rt for servi¢¢ ugers Ivlv> are in need. but oul of knuch with ihe suPN they need. The irues <4)nfiTm they hrtv¢ ¢ompli¢d With thG of X¢iion 17 orth¢ Cbwi¢i¢s A¢1 2011 to hav¢ due rewd 10 the publi¢ knefii Buid•nE¢ pjblished by the Chariry Cornmission for FnglDnd and W41d. Athitvtmtnis and p¢rforMinrt During th15 p¢riod w¢ h4d a nurnb of vins like suwxling p¢ople to maintwn their accOmmod10n Ind helpin¥ Othe to k rcunited with their familie5. Supw)rting people findLn8 accommodation. movinK fTom UllStable to long rm OP¢ion$ has b¢¢rt i ruj 51JE£¢55. We h•vc ajso had a greai of 5UCCC55 5UPWrtin peopl¢ 10 b¢wrne more economically active by engAKin8 them w?th edueaiion. trainin8 and employment Flnxnci•l nvitw A5 • or8anisMion goin8 throu8h our fi ytar we hlvc miintaird a surplus wsitim which ¢rt•t¢S 8 good fowidioD for th¢ Organilon io push fon¥ard in the ne ptriod. Pollcy rtservo The oryani$8tion requitts rtscr¥e% in der to bE abk to in income. We art MVTkin8 tQW4rds mainlaining J month5 of Tes¢rves. Despiie cuThtntJy beinB quite a way sknrt of ihai havins jusi stsrted. we ore confid¢nt wc will be abl¢ to xhievc this. We will Teview this on an annual basis or sooner where r¢quird. Page 2
The Kyem InitlAtive Trnstees, Report (eontinued) We Eurretttiy gd 811 of our fill108 from on¢ FAywce which makts us *iJlnerablc to fidIng sour¢¢ falling Page 3
The K)'em Initiative Statement of Trustees, Responsibilities The mlslees are reswynsible for preparin8 the trusttts. rewjrt and financial statements in accordance 1th the United Kingdorn Accouniing SiarMlaTds (Uniied Kin8th)m Generdlly Accq>ied Accouniins Praciicel and applicablc law and regulaiions. The law applicable io chariiies rcqui5 I} trusle¢s lo prq)Hre financial staiernenls for each finarKial riod which give a tTUC arld fair VIC of stale of affairs of thc charity ar of thc incoTning rcsources arxl 8ppli¢a¢ion of resources of charity foT per1J. In preping ihese financial swe15. the Ite¢S are r¢qu5T¢d io.. seleci suithble accounting policies and then apply them consi4enily' ob5ervc thc mcih(M15 and principlc5 ill the Charitics SORP: nk¢ judg¢rn¢n15 and esliMai¢s thai are reasonable and prudenl: 51aie whcth¢r applicable accountin8 Standards hai'e ten followe4 subject to any rnaterial departures di.105¢d and txplained in rhe firwKial slaternenLS.' arml prepare the financial 51alernents on ihe yoiny concern basis unless il is inappnwH¢e wesurne thai ihe charity will continue in business. The Iru4tee4 are re%N)nsible for keeping pmper &CCOUniing re¢ords thtti diKlose with reasonable eUrneY ai Any liinL lh¥ finunLwl pv¥ilion uf ihc rharity and cnabl¥ lo ¢nsur¢ ihal Ihc fIrCial 5taiim¥nl> Luinply with Il Chariiic¥ Aci 2011. lh¢ Churilies IA¢cwn15 ar R¢tK)rt%l Regulaiions 2R, Al the prt)%'i%Jons uf Ihe ¢onsiii¥iion. Th¢ iNs¢e ar¢ res$1b]e for safeguarding th¢ gsscts of ihc charity and het)cc for tskin8 ri'#soiidbli bl¥ps fvr th¢. prnw¢niion ¥t)d 4kiliiivt) vrfral aml h¢T irrryulariiiL¥. The iru8i¢es ore r¢sp)nsible for ihe maintwKe and iniegrity of lh¢ corp)roie and financial infonnaiion iniludlxi tsn lh¢ ihariiabl¢ w¢bsii¢. L¢gislaiion biov¢rnin¥ th¢ prlprdiion at di¥%¢mindiion uf riMncial sth*m¢nis may dilT¢r from 1¢8islaiion in ts jurisdiciiorts. Approv¢d by Ihe $1¢¢$ of ihe Crity on .l.WQW2QRI.. and sipKd on its behalf by.. Trusl¢e Paxe 4
The Kyem Initiative Independent Examiner's Rtport to tbe trustees ofThe Kyem Initia¢ivt Indtpethdenl tiaThiner's rtport to the trwltts of The Kyem Initi¢i¥ l report 10 ihe tnjsiees on m% ¢xami#ation of th¢ accounts of The kjem Initiaiive ithe Chariryl for the ye ¢ndcd 31 Augu51 !0ry5. ReSnsibIlitieS and bsis of report As th¢ truslccs of the charity )'ou are reStAwlbj¢ fw the prepwaiion of the CoUnts in accordance with the requirements of the Chrifi¢5 Act 2011 Ilhe ACVI. I report in respeci of my examithatioth of th¢ Chwity'5 accounts TI¢d oui under 5eaion 145 of the 2011 A and in canyin8 oui my exwttitwtson I hivc followed all the applicable directions given by the Charity Commis$ion tr section 145ISXbl of the Ath. IndepeAd¢Trt ex•nDer'S sthtethenl I have completed my ¢x•mina¢ion. I wnfirn that no maners have Cne tt) .Y atteniion in cotthtiOn with th¢ examination sivit18 me Eause w belicv¢ In any MaLerI SpeCi.. a¢¢OllO¢irkg T¢¢ord5 74rr¢ noi kept in SPeCI of the Chan'ty as rcquircd by scfflion 130 of the ACL or 2. the accounts do not 4c¢ord with thok rcwrds: or 3. the 4ccoun¢s do noi compty with the OUn11n8 requirements concernin8 the form attd ¢on¢¢ni of %¢ounts set out itt ¢h¢ ckn11 (Accounts and Rep)} R¢g¥laiion$ 2008 othcr than any rcquircmcni thai the coiiiJt5 givc B 'lrue and fairf view whi¢h is a rna¢ler ¢on5idered as part of an independeni examination. I hav¢ ¢on¢ms hive come acrnss no othLY mxn¢rs in COthtt¢¢iion with th¢ examinOn io which attention should be drjwm in this report in order to en•ble • proper yndersundin8 ofthe a¢¢ounts ty be re•¢htd. EVA Si¢v¢n$, BS¢. CPFA. ¢mploy¢t ofcommunity Arcounling Plus mcrnber of the Chartered InstilU* of Publir Finan¢¢ and Accounwio ICIPFA) Units l & 2 North Wtst 41 Talboi Stre Nottirt8h NGI 5GL
The Kyem lttiiiltive St4temeD¢ of Financial Ac¢ivi¢ies for the Period from I l April 2024 10 31 August 2025 Totxl 31 Auguit 2025 Iltyre51rlrted ole Incom¢ and Endovlwents from: tkjnouons and le8a¢ies Expenditure on.. Chari¢abl¢ activilies 61.951 61.951 154 ??01 Total Expenditu 1%4.Tr701 154.2201 movemeni in funds 7.731 7.731 Rotothdllillon Of Total fijnds ¢8rried f¢)n¥Jrd 7.731 7.731 All of the ¢hArity'J adiviiia derive from ¢4)niinuin8 operniions during the *tr#)v¢ period. ThG ]tc> otl pwgE3 1 ts 12 form ini¢8rn1 pjrtof fina1 sw¢m¢nts.
The Kyem IDltiative (Registration number: 1207797) BalaDC¢ Sheet as at 31 August 2025 2015 CurTent 45Stts Debwrs Cash at bknk And in hand 25.278 7.989 33.267 Cr•dl¢or: tllth8 dw• •dthln on• ymr 10 Net Mets 7.731 Funds of the thlrlty: LInrtstr1¢t Intomt Uttr¢stri¢¢¢d 7.731 Tot41 7.731 l.ht finaniial stamcnts on PJB¢S 6 12 were apwoved by the •nd auth0ri5ed for issue on 1810512026 and siBn¢d on their by: ie J Haidtt Sian Watson TJtt Th¢ JM)trJ on 12 form an int¢srni wtof th¢ fin•n¢ial statcmcnts.
The Kyem Initiative Notes to tbe Financial Statements for the Period from I l April 2024 to 31 August 2025 l Aceountln% poud of ¢ompiiaD¢¢ Th¢ finan¢il stsiements have been pr¢parcd in drdance with th¢ srfond edition of the Chartlies Statcmcnt of Recommended Pr1¢¢ issucd in October ?019. th¢ Financial Rewjrting Stsndard appliciblc io th¢ Unbied Kingdom and Republic of Ireland IFRS 1021 and th¢ Ch•rilics Aa 2011. Blsls ofprep•radoTh Th¢ Kyem Initiative meets the definition of • public kn¢fii cniiry under FRS 102. Assets and liabiliiies initsully r¢co8n15 * hisrICal ¢osi w ty•nsaaion Vll¢ unle55 othtrwisc 5tht¢d in th¢ r¢l¢ani 4¢¢oynitn8 poILCy noie5. Exempiloth from preprfn¢ * $h Ilow 114t¢mMi Under (he txempiion available w smaller chariiies the Bolrd of Truses h•s ¢hoJeTh noi w in¢lude a sl¢M¢t ofcuh Flo within the fiMn¢ial stswienu. Golng conee The finan¢iil sthtrm¢nts h•vr b¢cn wepved • 8oin8 c{Nern bmis. The uu$itt$ whether tr¢ of 8oin8 conc¢rn Is apwopriMe i.e. thether there uc Iny m•teNAI un¢¢rtAinii¢$ lI¢¢d io ew¢nts or ¢othdiiions th m•y ¢as1 si8nificani dou on the ability of the ch4riry 1(} contirtuc Is • goirig con¢ern. The make thi$ a$smen¢ in respeci of a wiod ofonc yCaT from thc diie of approval of the finaftcial stsmenLS. In¢oth¢ •ttd ¢ndoTprn¢nts Voluntary income in¢ludin8 don1(M. wfis. le8acies and that providc funding QT Te of 1 8cneral otlire is fe¢osniAed when the thwity hL% emtiilemertht to ihe irh¢om•. it is PTob&bl• th• incom• will b• received 4thd thc amouthi Ean k mt¢d with $uffiri¢ni r¢li•bility. dndlqocles tX)nations •nd le8acLes art rtwised on a rt¢eivxble basis whtn rectiw is probable and the amount ¢•n r¢libly metsurtd. Ejpthdliu All expendiDJre th Tecognised once the is a legal or construthive obligaiion cxp¢ndiiiJre. il 15 PTobabl¢ s¢ttlcment 1$ r¢quird arml th¢ amount bc 5 r¢liably. All wsts ¥¢ allorat¢d to the applicable expenditure heading thai aggre¥eS similar co515 10 thai Ca80ry. Wherc 5¢5 can[¢ be dirccily attribuT¢d io particular headings they have been allOted on a b&si5 consisni with the use of resourccs. with central sthff Costs allocated on the b&%is of tim¢ sptrtL and depreciatiort charges allo¢ated on the nIOn of the ¢1.5 Use. (hher support Costs we 10¢41¢4 bAs¢d on the spr¢d of 4ff ¢osts. Churiiuble 4LYlvlrtes Chari¢able txpendiwre comprises those costs incurred by the charity in the delivery of its a¢iivities and servic¢5 for its bcnefJ¢iaries. li incl$ t*)th costs thai Can be •llocatrd dirccdy Such adiviiies and th05¢ f05ts of an indircct nature necc5Sary to suppjrt th. Page 8
The Kvem Initiative Noles to the Finan¢il Ststements for the Period from I l April 2024 to 31 August 2025 (CODtiDued) T#x•don The charity is c(msidcTed the tt5ts Set ot in Para8rzph I Schedu.- 6 of the Finance Ath ?010 and therefoTr it mc¢¢S the definition of a EhaTitsblc compqny for UK (orFalln t&x puTseS. Acc4)rdingly. thc charity Is poi¢niially ex¢my fmm 18X4tion in respe¢¢ of itKome or ¢4pithl yins w¢ived wi¢hin categories covered by Chawer 3 Part I l of the CortX)Taiion Tax Aa 2010 or Seciton 156 of the Taxation of Chargeable Gains Act 1992. the cThnt Such income or are applicd exclu5iVtly w charithble PUTP)5e5. Trxde debtors Trllde deor$ Bre due from cuitomer5 for merchandise sold or Services WroEd in the ordinary course ofbusin¢ss. Trade deOr$ are e0%lSed initially at tht trnsa¢tiort pri¢¢. Thry w¢ subs¢qy¢nily mwur¢d •¢ On1Std cost USln8 the effe¢iive ithieresi m¢thod. Icss wovision for impW¢n1. A provision for tht impainneni of debtor5 is f51•blished when there is obj¢aive ¢vid¢n¢¢ the ¢h&rity will be able w collea all wnounts due 4ccordi w the mis orth¢ Te4Vabl¢S. C•$h •hd e$h ¢quSvalents Cash Gash ¢quiv4lcnts ¢omprise cuh on hand and ¢BII d¢p)5its. knd other short.lcnn highly liquid inv¢5trnents are readily convertible to amount of cash and are subject to an InsilfIen[ risk or Ch$e in valye. Fund strnctur¢ Unr¢$trithed income fwids Ire w¢xAI fwids ¥¢ milabl¢ for It thc tru51ea' dI510n in furthmnce of the objeciives of th¢ ¢hvity. Penslons and thher wl rtI1men1 obllzAtlonx Th¢ ¢hlty • dGfin¢d contribuiion pension schcme which is • p¢nsion plan yiid¢r wlii¥h fix¢d contributions Bre pd inw • p¢n$ion fjjnd And th¢ Chty has no Icgal or oxstyuciive obli8aiion 10 pay further con¢Tibuiions even if the fur41 do¢s Doi PK)Id suifi¢i¢th &uets to pry all employee5 the btnefits Tel1n8 to employtt servi¢¢ in the curreni and pnor periods. Contributions to d¢fJncd Eontribution plan5 Ire recognised in the Stameni ctf Fin8nci41 A¢iiviti¢s Mthen thry due. If conlribuiion pAym¢nty ¢x¢eed the ron¢ribuiion for Service. the excess is rtCO8ni5ed Ls a prepAymenL. 2 Intom¢ froth do*tloths #Thd leyfles Iltyrestrirted fun Gtnernl Toill Donati(xts Jhd I¢wi¢5: lknnations from wmp&Thi¢s, trusts Ind similar 61,951 61.951 61.951 61.951 Page 9
The Kyem Inltiative Notes to the FiD%ncial Statements for the Period from I l April 2024 to 31 August 2025 (continyed) 3 Grants Ind don4tions Unrtsirid¢d funds Tothl funds René House CIC 61.951 61.9SI 61.951 61.951 4 EAptndlturt on ehArliable Aetlvltl¢s Ur¢strkt¢d runds Genernl TDtl 2025 W4Bes. Nl & pEMion Le$ & profession fa5 53,050 1.170 53.050 1.170 54.220 The aw¢sat¢ plymll wer¢ •% follows: 2025 S¢•lf tosts dunni the ptrlod we. Wa¥es Dnd salaries Social sc¢urity costs Pension costs 47.587 4.80? 53,050 Th¢ monthly avernge thumbEr of lincludin8 senior rnana8emeni employed by the chariry durin8 the period as follows.. 31 August 2025 No Avern8e number of ¢mploy¢es 10 7 of thc aiK)ve employees participatsl in the Defined Contribulion Pcnsbon Schcmc Contribution$ to th¢ mploy¢¢ prnsion #ht5 for the period ts11¢d £661. No employtt received emoluments of Èhore than £60.000 dyring th¢ riod P•g¢ 10
The Kyem Initiative Notes to the FiD4llcial Statements for the Period from I l April 2024 to 31 Augus12025 (continued) 6 Ihdtp¢•d¢D¢ ¢xamlffj¢r'$ fe Dyring the period. th¢ fees payoble leIding VAT) dwiry's indetndent ¢xaminer Community Accouniing Plus are ny5¢d u follows: I l Aprll 2024 2025 Independeni exgrnination Other finw¢iaJ setvic¢$ 620 318 938 7 T4A•tlon The ¢h•rity 1$ • r¢8isr¢d ¢h•rity 1$ thttefo exempi ¢orw)rn¢ion WLIOII. • D¢bio 2025 CKheT dthorj 25.278 9 Cub equlvleTr 2025 C¥h•¢b 7.989 10 Credliors: Imounts fill1#¢ due wlthln othe ye4r (Xher tsxion and social security A¢¢ruals 9,037 16,499 25.536 Page 11
Tbe Kvem IDltiative Notes to the Fitsncial Siatements for the Perbod from I l April 2024 to 31 August 202S (Continued) I I ANlyJls of nef btfwten funds resirkted 31 AuEu$t Ceneral Total fund• rurfenl R%%et CuTrcnt liabilitics 33.267 125.536 33.267 12S.5361 Total as 7.731 7,731 12 Related pArry tr*nufd Th¢r¢ were tKJ relad p•ny in the period. 13 Trust yetralI0 And exptDMS No trustees. nor any persons ¢onnea¢d with thun. have rettived Y mnunerntion fiDm the Chthty duTill8 th¢ year. No MLe¢S have received wry ffimbund expthS or Iny other benefbts fr(rfn the charity durin8 the year. Page 12