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Haileybury Youth Trust
Report and Financial Statements
To September 30[th ] 2025
www.hytuganda.com
Registered with the Charity Commission: 303244
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For the period ending September 30[th] , 2025
Trustees
Matt Radley (Chairman)
Oliver Phillpott
Eugene du Toit
Graham Jinks (Treasurer)
Charlie Tebbutt
Director
Russell Matcham
Ugandan Country Manager
Mauricia Nambatya
Assistant Country Manager
Edmund Brett
Lizzie Hughes (from April 2025)
Bank
Barclays Bank Leicester, LE87 2BB
Independent Examiner
Shelley Watkin
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Report of the Trustees
For the period ending September 30[th ] 2025
The Trustees present their report and financial statements for the period ending September 30[th ] 2025.
The financial statements have been prepared and comply with the Trust’s governing document, applicable law and the requirements of the Statement of Recommended Practice, ‘Accounting and Reporting by Charities,’ issued in March 2005.
Structure, governance and management
The Trust is administered by five Trustees, two of whom are nominated by the Chairman of the Trustees of the Haileybury Society and two by the Master of Haileybury. The Master is an ex-officio Trustee.
The Trust supports a registered NGO in Uganda, HYT Uganda and the Trust’s Country Manager in Uganda administers the activity of this NGO under the supervision of the Trust’s Director. The Trust’s Country Manager is responsible for the day to day management of the NGO’s permanent and volunteer staff in Uganda.
HYT remains grateful to the Haileybury Society for its continued support of the Assistant Country Manager Ed Brett and then Lizzie Hughes (OH) and its interest in the work of the charity.
The Trust currently supports programmes of training and sustainable development in Uganda.
Charitable object
The object of the Trust is to promote the development of young persons in achieving their full physical, intellectual, social and spiritual potential.
Summary of the main activities undertaken for the public benefit in relation to these objects
Haileybury Youth Trust [HYT] undertakes programmes of vocational training, education and sustainable construction in Uganda. Working with young people in poor rural communities and refugee settings, the permanent HYT team works with trainees drawn from the villages and settlements in which the projects are located.
The public benefit is clearly identified thus:
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The relief of poverty among young people in Uganda
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Poverty relief is achieved by means of the provision of access to clean water, sanitation and affordable housing
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The education of young people in Uganda
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Education is enhanced through the provision of school buildings, water and
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sanitation facilities and improved infrastructure and by means of raising environmental awareness in schools and refugee settlements
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The vocational training of young people in Uganda
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Vocational training is given to young people drawn from communities and settlements in which HYT works, giving trainees appropriate skills that offer employment opportunities and scope for income generation
‘Young people’ is usually defined as those up to the age of 25. There are no other restrictions, including those of race, religion or gender. The Trustees continue to have due regard to the Charity Commission guidance on public benefit.
Safeguarding
The Trustees seriously take their responsibilities in relation to Safeguarding. The Trustees and Ugandan-based British staff and volunteers are DBS checked, while the Ugandan DBS equivalent is undertaken for HYT’s full time staff in Uganda. Safeguarding training for all paid staff is undertaken annually and the Trust’s Safeguarding policy is published on the Trust’s website.
Achievements and performance
All the permanent staff have remained in the Trust’s employment. The uncertain global economy has direct implications for HYT. While the Trust’s underlying financial position is healthy, many other NGOs (small and large) and grant-giving agencies have suffered from much-reduced income, not least as a result of the wars in Gaza / Israel, Ukraine, inflation and associated cost of living increases. This has begun to impact HYT's capacity to work as an implementing partner, a model successfully developed in recent years, where third party work has been important in supporting the Trust’s core operations.
The British High Commission
The UK High Commission took an increasing interest in the work of the Trust, inviting Mauricia Nambatya (herself a former Commonwealth Scholar) and Ed Brett to events at the High Commission.
The merger of DfID with the FCO, resulting in the new FCDO department, and recent turnover of staff at the High Commission, including the High Commissioner herself, has affected indirectly how well known HYT is among this community.
Staffing
Staffing remained largely constant through the reporting period. After an interim period, Lizzie Hughes took on the position of Assistant Country Manager and has been a considerable addition to the senior team. There was a short attachment by two OH school leavers at the start of 2025.
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The Director spent a month in Uganda from mid November, visiting sites and meeting with staff and stakeholders.
‘Train as you build’ – the refugee context
Uganda has one of the world’s largest refugee communities: more than 1.6 million refugees from South Sudan, DRC and, to a lesser extent Somalia and Burundi, live in north and west Uganda. The Bidibidi settlement alone has 240,000 South Sudanese, making it the largest settlement in the continent. It is in this context that HYT has re-focused its priority.
The Trust adapted its successful ‘One Village at a Time’ model for the refugee context: a programme of sustainable development and skills training, begun in 2010. The Trust continues to use and promote the wider adoption of environmentally-friendly and sustainable construction technologies, in particular the Interlocking Stabilised Soil Block [ISSB].
In the adapted ‘One Village’ concept, or ‘train as you build,’ the Trust works intensively with rural Ugandan and refugee communities over a sustained period, developing domestic and educational infrastructure while exposing community members to the need for environmentally-friendly construction techniques. The Trust equips trainees, drawn from the community in which the project is located, with new skills, including block-making and masonry, giving them potential opportunities for income-generation and future employment, with HYT and independently. This model can – and does – work with refugee and host communities alike.
A list of structures completed is included at the end of this report (appendix 1). The Trust continued its recent policy of working away from the Trust’s base in Jinja, and into other areas, notably refugee settlements, as described. The Trust is in a position to run multiple sites, since there are now twelve full-time Ugandan staff in permanent employment, as well as the Country Manager, Mauricia Nambatya.
GiZ 1.0
During the reporting period, HYT installed the final batch of 100 of the 200 additional household latrines in zone 1 of Bidibidi settlement, funded by the German government, through its development agency, GiZ.
GiZ -ADA 2.0
Funded by GIZ and ADA, HYT signed a new grant agreement with GIZ of up to 200,000 Euros to install a total 250 individual household latrines in zone 5 of Bidibidi settlement. Although latrine construction had yet to start, other components of the project, specifically the Health and Sanitation (HESAN) community sensitization, as well as project beneficiary surveys, were ongoing.
Reforestation
Led by former ACM Ed Brett and Trustee Charlie Tebbutt, HYT continued a programme of reforestation in the refugee settlements. HYT’s forester, Freda Acen led the work and,
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working with ICRAF (World Agroforestry) and local communities, in the reporting period HYT planted 580 seedlings in 10 schools . There was an evidence-led programme of Monitoring and Evaluation, which will continue for several seasons of growth.
Reforestation is seen as an important complementary activity, particularly with WASH programmes and in refugee settings.
Technical
The ISSB is accredited with a Ugandan National Bureau of Standards [UNBS] code UNBS / US 849, which will further advance its reputation as a reliable construction material and technology.
The Trust continued to refine its use of ISSB. All aspects of construction improved during this reporting period and quality control remains central to the effectiveness and success of both the training and social enterprise programmes. Systematic and regular block testing remained an important element of quality control, which in turn demonstrates the professionalism of the approach to construction.
Rainwater harvesting [RWH] and WASH is an increasingly important area for HYT, as seen in the Oasis and earlier One Million Litres projects. RWH gives important access to supplementary water sources, during the two rainy seasons, at a relatively low cost. HYT’s RWH tanks are quickly constructed and more robust and cheaper than the steel tanks commonly used by NGOs and organisations. Latrines, both for schools and households, remain an important and necessary component of the trust’s work.
Social Enterprise
The Trust undertook a range of activity with and for other NGOs, which included training, construction and consultancy, all in relation to HYT’s sustainable and appropriate building technology, the Interlocking Stabilised Soil Block [ISSB]. This area of social enterprise continues to be important to HYT’s activity and its income streams, particularly in refugee settlements.
Productive relationships were established or continued through the year with a number of NGOs and individuals:
i) African Revival [AR]: in Koboko District, AR funded the construction of 1 x 20,000litre water tank, a 3 classroom teaching block and 2 x 5 stance latrine and a 2 stance latrine at JIRO Community Primary School.
ii) The Zena Launch Pad: The Zena Launch Pad funded the construction of their headquarters with phase I including the construction of an office block, workshop building and 8 stance latrine and phase II the construction of a kitchen and a women’s changing room.
iii) Batwa Development Programme: BDP funded the construction of a 2 classroom block and a 4 stance latrine for the Early Childhood section of the Byumba Pres Primary School.
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iv) GiZ (on behalf of the German Development Agency) & ADA : the German Development Agency for International Cooperation together with Austrian Development Agency funded another of HYT’s most ambitious projects to date: the construction of 250 household latrines in Zone 1 of Bidibidi refugee settlement. During the reporting period, HYT conducted Health and Sanitation sensitization sessions with the local community while at the same time carried out project beneficiary surveys. Actual construction had not yet started.
Volunteers and visits to HYT
There was a short attachment by two GAP year volunteers early in 2025 and a further Haileybury Turnford visit took place in October 2024
Website and Social Media
The website continues to be well-received, which also supports the Trust’s social media profile.
Financial and accounting
HYT Uganda, the beneficiary of grant aid from HYT UK, continued to operate on a professional and legal basis, with its accounts satisfactorily audited by PM Kakaire and Associates
Liabilities were met with zero income tax returns filed for June 2024, in accordance with HYT’s status as a recognised NGO.
HYT operates with an NGO Permit number FORP77901272NB, valid until February 2029 and the local Registration number FORR822951272NB.
Leverage of funds raised is a consistent feature of fundraising and the financial profile of the Trust. For every £1 that HYT spends, approximately £6 of project value is delivered in Uganda.
Future planning for the year 2025-2026
Technology: ensuring the ISSB technology is used most effectively and efficiently, with continued focus on the quality of block-production and construction and use of architect’s drawings and plans and SketchUp.
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1) Technical Audit: An annual external expert to conduct an audit of HYT’s ISSB structures and share the findings to guide the technical team on which construction aspects to make better. A technical working party will meet regularly to consider innovation and best practice in HYT construction
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2) Personnel: to continue to identify and develop the capacity of suitable trainees and graduates for further skills training and positions of responsibility. A professional development working party will be established and consider staff welfare and professional development, with particular focus on female staff
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3) Funding: while the cash position is healthy, annual expenditure currently exceeds income. A Fundraising Strategy will be devised., led by the newly appointed (April
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2026) Fundraising Manager. The Trust will consider applications to grant-giving agencies and trusts for future funding and develop a strategy for applications to grant-giving trusts and increasing funding streams from the Haileybury community. This has already yielded increased support, following the excellent work of Angus Head, Deputy Head, Co-curricular but much more needs to be done
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4) Social enterprise: the Trust is committed to increasing its local income stream in Uganda, through social enterprise activity, while continuing to employ its ‘graduate’ masons and promote the Trust’s programme of sustainable development.
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5) Joint ventures with other NGO’s will be encouraged, as a useful way to leverage HYT’s funds for developing the Trust’s activity, particularly in areas where HYT has worked (in Karamoja, Bwindi, West Nile and in other refugee settlements).
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6) Raising awareness and widening the Trust’s reach, through further development of social media and the website. The Fundraising Manager will lead with this work
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7) Reforestation: HYT will develop its reforestation programme, where funds allow, continuing to plant seedlings in refugee settlement schools in the rainy seasons
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8) The restructuring of the senior team in Jinja, in late 2025, with a Project Team and SLT meeting regularly, has resulted in more effective management. An objective for the year ahead will be to consolidate and refine this structure
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9) Training and IT will continue to be important to the CPD of the staff and greater focus will be given to what skills are developed, when and how these are tracked, recorded and assessed
Financial and accounting
HYT Uganda, the beneficiary of grant aid from HYT UK, continued to operate on a professional and legal basis, with its accounts satisfactorily audited by PM Kakaire and Associates
Liabilities were met with zero income tax returns filed for June 2025, in accordance with HYT’s status as a recognised NGO.
HYT operates with an NGO Permit number FORP77901272NB, valid until February 2029 and the local Registration number FORR822951272NB.
Leverage of funds raised is a consistent feature of fundraising and the financial profile of the Trust. For every £1 that HYT spends, approximately £6 of project value is delivered in Uganda.
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Docusign Envelope ID: 8AFEAD15-6988-8457-8267-5A69526111CD Appendix 1: Structures completed in the year end 30 September 2025
| Partner | Structures | Location |
|---|---|---|
| HYT – Oasis 1.0 | 6 x 20,000L rainwater harvesting tanks, 10 outdoor learning spaces with 25 benches each |
Bidibidi Refugee Settlement |
| ETH | Pilot round hut walled and roofed with ISSBs | Bidibidi Refugee Settlement |
| African Revival | 20,000L rainwater harvesting tank 3-classroom block 2-stance latrine 2 x 5-stance latrines |
JIRO |
| Zena Launch Pad | Office, Workshop, 8-stance latrine Kitchen Changing room |
Kamuli |
| Batwa Development Programme |
2-classroom block 4-stance latrine |
Byumba Pres School, Bwindi |
| 6 houses 6 household latrines 20,000L rainwater harvestingtank |
Kihembe and Kitariro Settlements Mama Diane PrimarySchool |
|
| GIZ 1.0 | 100 additional household latrines GIZ-ADA 2.0 contract was signed but no latrines of the 250 were builtyet |
Bidibidi Zone 1 |
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Appendix 2: Employment Record
During the year ending September 2025, HYT employed 146 individuals including core staff. The duration of employment, excluding trainees, is shown below.
| During the year ending September 2025, HYT employment, excluding trainees, is shown below. |
employed 146 individuals including core staff. |
|---|---|
| Duration of employment | Number employed |
| <3 months | 61 |
| 3-6 months | 54 |
| 6-9 months | 17 |
| 9-11 months | 0 |
| Full time (>11 months) | 14 |
| Total | 146 |
Appendix 3: Carbon Savings
5,510.9 m[2 ] of ISSB walling has saved 1,157.26 tons of carbon dioxide, equivalent to 738.13 tons of firewood.
Appendix 4: Beneficiaries
i) End Users
HYT structures will directly benefit the learning and health care environment of 13,020 people (boys and girls), teachers, patients, doctors, and nurses. This figure is based on school enrolment numbers at the time of completion, alongside the average household size
ii) Trainees
Extensive training, > 4 months, was provided to 62 youths (2023-2024: 42 youths). Trainees are paid a small stipend during training and are not counted as employees in Appendix 2. This involved hands-on training in all aspects of construction with a focus on ISSB technology
iii) Capacity Building
In the reporting period, HYT had its first female led construction project at Usalama ECD, funded by the Handa family.
iv) Forestry
HYT planted 580 seedlings (2023-2024: 4640 seedlings) across 11 schools. 10 of these schools received outdoor learning spaces with both trees and shrubs.
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The period between 1st October 2024 to 30th March 2025 was the dry season, so planting was completed between April 2025-September 2025. Planting took place at spaced intervals during the rainy season. The planting took place as follows:
In May 2025: Valley View SS Peace ECDC Zone 1 Bright ECDC Usalama Zone 1 In June 2025: Kululu PS (first planting) Highland PS East Alipi (first planting) Hill View ECDC (first planting) In July 2025: Yoyo SS Yoyo PS In August 2025: ` Kululu PS (second planting) East Alipi (second planting) Hill View ECD (second planting) In September 2025: Busia PS
The species of tree planted included Acacia, Brother Heart, Oranges, Jackfruit, Guava, Neam, Mango, Meli, Afzelia, Markhamia, and White Teak. We also planted Box Hedge species and shrubs.
HYT relied on community engagement to carry out all manual work and maintenance associated with forestry. Across the project, 24 men and women have been engaged with casual work, earning income and gaining forestry skills.
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HAILEYBURY YOUTH TRUST
Report on the Accounts
Year ended 30 September 2025
The Trust generated a total income for the year of £154,559. This included donations and legacies of £158,716. Investment income was a negative £4,157, despite dividend income of £10,291. Unlike the previous year, where the Trust's holding in the COIF fund generated a healthy positive return, the 2025 year was negative to the tune of £14,448. There was an increase in funds being sent to Uganda, £199,291 versus previous year of £165,584. Part of this increase was due to 3rd party funds being processed via the UK and not direct with Uganda. Third party funding remains a key part of our strategy in Uganda. Net income for the year was negative £45,773 versus negative £3,474 in the prior period. It still remains Trustees desire to reduce reserves at a rate of £50,000 per annum until assets settle at a lower level by increased project activity. The downward revaluation of COIF had an impact here In the year ended 30 September 2011 the trustees made an investment into the COIF Unit Trust. The value of this as of September 30th 2025 was £320,504 and cash at bank was £56,960. Total net assets were £375,663 compared with £421,436 the previous year.
During the year the Trustees continued to raise funds to support the work in Uganda by holding fundraising events.
In addition to the grants paid, the Trust contributed £7,920 to costs of Assistant Country manager. This was down from previous year due to change of personnel. A further £4,644 of miscellaneous costs were incurred within the period, mainly relating to website maintenance and travel.
.
Graham Jinks, Trustee and Treasurer. Matt Radley, Chairman, Trustee Date: 01-07-2026 Date: 01-07-2026
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HAILEYBURY YOUTH TRUST
Independent examiner's report to the trustees of The Haileybury Youth Trust
I report to the charity trustees on my examination of the accounts of The Haileybury Youth Trust (the Trust) for the year ended 30 September 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts 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.
Shelley Watkin ACA
BAND Advisory Group Limited 111 Charterhouse Street London EC1M 6AW 01-07-2026 Date: .............................................
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THE HAILEYBURY YOUTH TRUST
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 30 September 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 158,716 Investment income 2 (4,157) Total 154,559 EXPENDITURE ON Charitable activities HYT Uganda 199,291 Net gains/(losses) on investments (1,041) NET INCOME/(EXPENDITURE) (45,773) RECONCILIATION OF FUNDS Total funds brought forward 421,436 TOTAL FUNDS CARRIED FORWARD 375,663 |
2024 Total funds £ 119,780 42,330 162,110 165,584 - (3,474) 424,910 421,436 |
|---|---|
The notes form part of these financial statements
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THE HAILEYBURY YOUTH TRUST
BALANCE SHEET 30 September 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Investments 5 320,504 CURRENT ASSETS Cash at bank and in hand 56,960 CREDITORS Amounts falling due within one year 6 (1,801) NET CURRENT ASSETS 55,159 TOTAL ASSETS LESS CURRENT LIABILITIES 375,663 NET ASSETS 375,663 FUNDS 7 Unrestricted funds 375,663 TOTAL FUNDS 375,663 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and wer its behalf by: 01-07-2026 |
2024 Total funds £ 370,992 52,244 (1,800) 50,444 421,436 421,436 421,436 421,436 e signed on |
|---|---|
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............................................. G Jinks - Trustee
The notes form part of these financial statements
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THE HAILEYBURY YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 30 September 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2.
INVESTMENT INCOME
| Dividend income (Loss)/Profit on revaluation of investments |
2025 £ 10,291 (14,448) (4,157) |
2024 £ 10,049 32,281 |
|---|---|---|
| 42,330 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
Trustees' expenses
During the year, payments totalling £Nil (2024: £1,497) were made to trustees relating to the reimbursement of expenses paid on behalf of the charity.
continued...
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THE HAILEYBURY YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 30 September 2025
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 119,780 | |
| Investment income | 42,330 | |
| Total | 162,110 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| HYT Uganda | 165,584 | |
| NET INCOME/(EXPENDITURE) | (3,474) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 424,910 | |
| TOTAL FUNDS CARRIED FORWARD | 421,436 | |
| 5. | FIXED ASSET INVESTMENTS | |
| Unlisted | ||
| investments | ||
| £ | ||
| MARKET VALUE | ||
| At 1 October 2024 | 370,992 | |
| Disposals | (36,040) | |
| Revaluations | (14,448) | |
| At 30 September 2025 | 320,504 | |
| NET BOOK VALUE | ||
| At 30 September 2025 | 320,504 | |
| At 30 September 2024 | 370,992 | |
| The charity invests in the COIF Charities Investment Fund which holds both UK and overseas assets. | ||
| Cost or valuation at 30 September 2025 is represented by: | ||
| Unlisted | ||
| investments | ||
| £ | ||
| Valuation in 2025 | 320,504 |
continued...
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THE HAILEYBURY YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 30 September 2025
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Other creditors MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are Unrestricted funds General fund TOTAL FUNDS |
2025 2024 £ £ 1 - 1,800 1,800 1,801 1,800 Net At movement At 1.10.24 in funds 30.9.25 £ £ £ 421,436 (45,773) 375,663 421,436 (45,773) 375,663 Incoming Resources Gains and Movement resources expended losses in funds £ £ £ £ 154,559 (199,291) (1,041) (45,773) 154,559 (199,291) (1,041) (45,773) Net At movement At 1.10.23 in funds 30.9.24 £ £ £ 424,910 (3,474) 421,436 424,910 (3,474) 421,436 as follows: Incoming Resources Movement resources expended in funds £ £ £ 162,110 (165,584) (3,474) 162,110 (165,584) (3,474) |
|---|---|
7. MOVEMENT IN FUNDS
continued...
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THE HAILEYBURY YOUTH TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 30 September 2025
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement 1.10.23 in funds £ £ 424,910 (49,247) 424,910 (49,247) |
At 30.9.25 £ 375,663 |
|---|---|---|
| 375,663 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Gains and Movement resources expended losses in funds £ £ £ £ 316,669 (364,875) (1,041) (49,247) 316,669 (364,875) (1,041) (49,247) |
Incoming Resources Gains and Movement resources expended losses in funds £ £ £ £ 316,669 (364,875) (1,041) (49,247) 316,669 (364,875) (1,041) (49,247) |
|---|---|---|
| (49,247) |
8. RELATED PARTY DISCLOSURES
During the year, payments totalling £3,219 (2024: £Nil) were made to a volunteer relating to the reimbursement of expenses paid on behalf of the charity.
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THE HAILEYBURY YOUTH TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 158,266 | 118,580 |
| Gift aid | 450 | 1,200 |
| 158,716 | 119,780 | |
| Investment income | ||
| Dividend income | 10,291 | 10,049 |
| (Loss)/Profit on revaluation of investments | (14,448) | 32,281 |
| (4,157) | 42,330 | |
| Total incoming resources | 154,559 | 162,110 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | - | 18,750 |
| Contribution to costs of Country Manager | 7,920 | 3,340 |
| HYT Uganda Grant | 184,867 | 140,136 |
| 192,787 | 162,226 | |
| Support costs | ||
| Management | ||
| Travel | 2,851 | 468 |
| Website and computer expenses | 1,793 | 1,041 |
| 4,644 | 1,509 | |
| Finance | ||
| Bank charges | 60 | 49 |
| Governance costs | ||
| Accountancy and legal fees | 1,800 | 1,800 |
| Total resources expended | 199,291 | 165,584 |
| Net expenditure before gains and losses | (44,732) | (3,474) |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset investments | (1,041) | - |
| Net expenditure | (45,773) | (3,474) |
This page does not form part of the statutory financial statements
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