Charity rcgi5traiion number.. 1207797
The Kyem Initiative
R¢￿ and Fin￿¢111 Stthrnents
for the period from I l Awil 2024 ￿ 31 2025
Community A¢￿U￿ting Plus
Units l & 2 liorth Wui
41 Talboi STr¢
Nottingham
NGI 5GL

The Kyem llliliative
Conlellts (continutd)
Reference and AdmInistr￿1Ve Dethils
Trustee5' Re￿￿rt
2to3
Swemeni of TnJstees' R+wibiliti
Independethi Exwnincrf$ Rcpxt
S14temen¢ of Finw¢ial Adiviti
Shcct
Note5 to the FIn￿ela1 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 ch￿lty for the period ended
31 Augusi 2015.
Strurturei govern*nce Ind
olgoverniNR documeni
The charity Is owed uthder the rules of its ¢(￿tit￿lon CIO Found￿10￿ 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 fr￿￿lY 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 midl￿d5 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 Sus￿l￿Men1 and suppjrt.
P4bll¢ be*eJ71
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 $upp)rt for
servi¢¢ ugers Ivlv> are in need. but oul of knuch with ihe suP￿N they need.
The iru**es <4)nfiTm they hrtv¢ ¢ompli¢d With thG of X¢iion 17 orth¢ Cbwi¢i¢s A¢1 2011 to
hav¢ due rewd 10 the publi¢ knefii Buid•nE¢ pjblished by the Chariry Cornmission for FnglDnd and W41d.
Athitvtmtnis and p¢rforMinrt
During th15 p¢riod w¢ h4d a nurnb￿ of vins like suwxling p¢ople to maintwn their accOmmod￿10n Ind
helpin¥ Othe￿ to k rcunited with their familie5. Supw)rting people findLn8 accommodation. movinK fTom
UllStable to long *rm OP¢ion$ 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 miintair*d a surplus wsitim which ¢rt•t¢S 8 good
fowid*ioD for th¢ Organi￿lon 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 fill￿108 from on¢ FAywce which makts us *iJlnerablc to fi￿dIng 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 rcqui￿5 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 per1￿J. In prep￿ing ihese financial swe￿￿￿15. the I￿￿te¢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:
n￿k¢ judg¢rn¢n15 and esliMai¢s thai are reasonable and prudenl:
51aie whcth¢r applicable accountin8 Standards hai'e t￿en 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 fIr￿Cial 5taiim¥nl> Luinply with Il
Chariiic¥ Aci 2011. lh¢ Churilies IA¢cwn15 ar￿ R¢tK)rt%l Regulaiions 2￿R, 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 4kili*iivt) vrfra￿l aml ￿h¢T irrryulariiiL¥.
The iru8i¢es ore r¢sp)nsible for ihe main*twKe 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 C￿rity 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.
ReS￿nsibIlitieS and b*sis of report
As th¢ truslccs of the charity )'ou are reStAw￿lbj¢ fw the prepwaiion of the ￿CoUnts in accordance with the
requirements of the Ch*rifi¢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$ion ￿￿tr section 145ISXbl of the Ath.
IndepeAd¢Trt ex•n￿Der'S sthtethenl
I have completed my ¢x•mina¢ion. I wnfirn that no maners have C￿ne tt) ￿.Y atteniion in cotth￿tiOn with th¢
examination sivit18 me Eause w belicv¢ In any MaLerI￿ ￿SpeCi..
a¢¢OllO¢irkg T¢¢ord5 74rr¢ noi kept in ￿SPeCI of the Chan'ty as rcquircd by scfflion 130 of the ACL or
2. the accounts do not 4c¢ord with thok rcwrds: or
3. the 4ccoun¢s do noi compty with the ￿OUn11n8 requirements concernin8 the form attd ¢on¢¢ni of %¢ounts
set out itt ¢h¢ ckn11￿ (Accounts and Rep)￿} R¢g¥laiion$ 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¢ examin￿On 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 fina￿1￿ 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*: t*llth8 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 sta*mcnts 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
T￿J￿tt
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¢i*l stsiements have been pr¢parcd in d￿rdance with th¢ srfond edition of the Chartlies Statcmcnt of
Recommended Pr￿1¢¢ 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￿ * his￿rICal ¢osi w ty•nsaaion V￿ll¢ unle55 othtrwisc 5tht¢d in th¢ r¢l¢*ani 4¢¢oynitn8
poILCy noie5.
Exempiloth from prep*rfn¢ * ￿$h Ilow 114t¢mMi
Under (he txempiion available w smaller chariiies the Bolrd of Trus*es h•s ¢hoJeTh noi w in¢lude a s￿l¢M¢￿t
ofcuh Flo￿ within the fiMn¢ial stswienu.
Golng conee
The finan¢iil sthtrm¢nts h•vr b¢cn wepved ￿ • 8oin8 c{N￿ern bmis.
The uu$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$s￿men¢ in respeci of a wiod ofonc yCaT from thc diie
of approval of the finaftcial sts*menLS.
In¢oth¢ •ttd ¢ndoTprn¢nts
Voluntary income in¢ludin8 don*1(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 m￿￿t¢d with $uffiri¢ni r¢li•bility.
dndlqocles
tX)nations •nd le8acLes art rtwised on a rt¢eivxble basis whtn rectiw is probable and the amount ¢•n
r¢li*bly metsurtd.
Ejpthdliu
All expendiDJre th Tecognised once the￿ is a legal or construthive obligaiion cxp¢ndiiiJre. il 15 PTobabl¢
s¢ttlcment 1$ 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 Ca￿80ry. Wherc ￿5¢5 can[￿¢ be dirccily attribuT¢d io
particular headings they have been allO￿ted on a b&si5 consis*ni 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 4*ff ¢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¢i*l 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 o￿t in Para8rzph I Schedu.-
6 of the Finance Ath ?010 and
therefoTr it mc¢¢S the definition of a EhaTitsblc compqny for UK (orF￿all￿n t&x puT￿seS. 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 de￿or$ Bre due from cuitomer5 for merchandise sold or Services Wro￿Ed in the ordinary
course ofbusin¢ss.
Trade de￿Or$ are ￿e0%￿lSed initially at tht tr*nsa¢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¢ T￿e4Vabl¢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 Insi￿lfIe￿n[ risk or
Ch￿$e in valye.
Fund strnctur¢
Unr¢$trithed income fwids Ire w¢xAI fwids ¥¢ milabl¢ for ￿ It thc tru51ea' dI5￿￿10n in furthmnce of
the objeciives of th¢ ¢hvity.
Penslons and thher wl rtI1￿men1 obllzAtlonx
Th¢ ¢h￿lty • dGfin¢d contribuiion pension schcme which is • p¢nsion plan yiid¢r wlii¥h fix¢d
contributions Bre p￿d inw • p¢n$ion fjjnd And th¢ Ch￿ty 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 Tel￿1n8 to
employtt servi¢¢ in the curreni and pnor periods.
Contributions to d¢fJncd Eontribution plan5 Ire recognised in the Sta*meni 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
U*r¢strkt¢d
runds
Genernl
TDt*l
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 #h￿t5 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 le￿I￿ding VAT) dwiry's indet*ndent ¢xaminer Community
Accouniing Plus are ￿n￿y5¢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¢8is*r¢d ¢h•rity 1$ thttefo￿ exempi ¢orw)rn¢ion WLIOII.
• D¢bio
2025
CKheT dthorj
25.278
9 Cub equlv*leTr
2025
C¥h•¢b
7.989
10 Credliors: Imounts fill1#¢ due wlthln othe ye4r
(Xher tsx*ion and social security
A¢¢ruals
9,037
16,499
25.536
Page 11

Tbe Kvem IDltiative
Notes to the Fits*ncial 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 rela￿d p•ny in the period.
13 Trust￿ ye￿￿￿tralI0￿ And exptDMS
No trustees. nor any persons ¢onnea¢d with thun. have rettived ￿Y mnunerntion fiDm the Chthty duTill8 th¢
year.
No M￿Le¢S have received wry ffimbund expth￿S or Iny other benefbts fr(rfn the charity durin8 the year.
Page 12