Independent examiner's report to the charity trustees of Cambodia Youth for Change Ltd Independent Examiner Report
I report on the accounts of the company for the year ended 31 July 2024.
Respec�ve responsibili�es of trustees and examiner
As the charity’s trustees (and also the directors of the company for the purposes of company law) you are responsible for the prepara�on of the accounts in accordance with the requirements of the Companies Act 2006. Having sa�sfied myself that the charity is not subject to audit under company law, and is eligible for independent examina�on, it is my responsibility to:
-
Examine the accounts under sec�on 65 of the Chari�es Act (Northern Ireland) 2008;
-
Follow the procedures laid down in the general direc�ons given by the Commission under sec�on 65 (9) (b) of the Chari�es Act; and,
-
State whether par�cular ma�ers have come to my a�en�on.
Basis of independent examiner’s report
I have examined your charity accounts as required under sec�on 65 of the Chari�es Act and my examina�on was carried out in accordance with the general direc�ons given by the Charity Commission for Northern Ireland under sec�on 65 (9) (b) of the Chari�es Act. The examina�on included a review of the accoun�ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera�on of any unusual items or disclosures in the accounts, and seeking explana�ons from you as charity trustees concerning any such ma�ers.
My role is to state whether any material ma�ers have come to my a�en�on giving me cause to believe:
-
That accoun�ng records were not kept in accordance with sec�on 386 of the Companies Act 2006;
-
That the accounts do not accord with those accoun�ng records;
-
That the accounts do not comply with the accoun�ng requirements of sec�on 396 of the Companies Act 2006 and with the methods and principles of the Chari�es Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland; and,
-
That there is further informa�on needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have completed my examina�on and have no concerns in respect of the ma�ers (1) to (4) listed above and, in connec�on with the following the Direc�ons of the Charity Commission for Northern Ireland, I have found no ma�ers that require drawing to your a�en�on.
Signed: Date: 22 May 2025
Name: Bryan Mar�n FCA
Weir & Co. Chartered Accountants, 23 High Street, Moneymore, BT45 7PA.
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Cambodia Youth for Change Ltd Financial Report
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 July 2024
STATEMENT OF FINANCIAL ACTIVITIES
| Note Income Income from charitable ac�vi�es Grants and dona�ons Total income 2 Expenditure Expenditure on charitable ac�vi�es 3 Total expenditure Net income/(expenditure) and net movement in funds for the year 4 Reconcilia�on of funds Total funds brought forward 4 Total funds carried forward |
Unrestricted Funds £ Restricted Funds £ Total 2024 £ Total 2023 £ |
|---|---|
| - - - - 4,771 - 4,771 7,373 |
|
| 4,771 - 4,771 7,373 |
|
| 8,360 - 8,360 10,420 |
|
| 8,360 - 8,360 10,420 |
|
| (3,589) - (3,589) (3,047) |
|
| 22,714 - 22,714 25,761 19,125 - 19,125 22,714 |
expenditure derive from con�nuing ac�vi�es.
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Cambodia Youth for Change Ltd
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 July 2024
BALANCE SHEET
| Note Fixed Assets Tangible Assets Total Fixed Assets Current assets Cash at bank and in hand Debtors 5 Total Current Assets Liabili�es Creditors: Amounts falling due within one year Net Assets The funds of the charity: Unrestricted income funds 4 Restricted income funds 4 |
2024 £ 2023 £ - - |
|---|---|
| - - 13,921 13,110 5,204 2,604 |
|
| 19,125 22,714 - - |
|
| 19,125 22,714 |
|
| 19,125 22,714 - - |
|
| 19,125 22,714 |
The notes form part of these accounts.
April 2025 and signed on their behalf by:
James Gilmore Stephanie McCoubrey Chair Treasurer
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Cambodia Youth for Change Ltd
Notes to the Financial Statements for the year ended 31 July 2024
1. Accoun�ng Policies
(a) Basis of prepara�on
Chari�es: Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS 102) (effec�ve 1 January 2015) – (Chari�es SORP (FRS 102)).
In preparing the accounts, the trustees have considered whether in applying the accoun�ng policies required by FRS 102 and the Chari�es SORP FRS 102 that no restatement of compara�ve items was required.
(b) Income
the Statement of Financial Ac�vi�es when received/receivable. Revenue grants are credited to the Statement of Financial Ac�vi�es in accordance with the terms of the grant. Dona�ons are included in the Statement of Financial Ac�vi�es when receivable.
(c) Resources expended
Support costs in furtherance of the objec�ves of the charity
This represents all expenditure directly a�ributable to charitable causes.
Management and Administra�on
This includes all expenditure not directly allocated above. Overhead costs have been a�ributed to the management and administra�on of the charity.
(d) Funds Structure
The charity have various types of funds for which it is responsible and which require separate disclosure. These are as follows:
Restricted funds
overall aims of the organisa�on.
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Unrestricted funds
Funds which are expendable at the discre�on of the company in furtherance of the objec�ves of the charity. In addi�on, funds may be held in order to finance capital investment and working capital.
| 2. INCOME Income from charitable ac�vi�es: Total income from charitable ac�vi�es Grants & Dona�ons: Dona�ons from giving circle Bank interest Gi� aid claims Student contribu�ons Total grants & dona�ons Total income 3. EXPENDITURE Expenditure on Charitable Ac�vi�es: Wages Electricity Water Ofce expenses Currency exchange Telephone & internet Bank charges & just giving fees Total |
Unrestricted Funds £ Restricted Funds £ Total 2024 £ Total 2023 £ |
|---|---|
| - - - - |
|
| - - - - |
|
| 2,019 3,045 319 158 761 2,573 1,672 - 2,019 - 319 761 - 1,672 1,597 |
|
| 4,771 - 4,771 7,373 |
|
| 4,771 - 4,771 7,373 |
|
| Unrestricted Funds £ Restricted Funds £ Total 2024 £ Total 2023 £ |
|
| 5,898 8,674 131 84 46 46- 1,547 748 353 352 70 134 90 315 - - - 5,898 - 131 - 46 - 1,547 - 353 70 315 292 |
|
| 8,360 - 8,360 10,420 |
4. ANALYSIS OF CHARITABLE FUNDS
Analysis of movements in unrestricted funds
| Balance | 1 | Incoming | Resources | Funds 31 |
|---|---|---|---|---|
| August 2023 | resources | expended | July | |
| £ | 2024 | |||
| £ | £ | £ |
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| General fund Total |
22,714 4,771 (8,360) 19,125 |
|---|---|
| 22,714 4,771 (8,360) 19,125 |
Analysis of movements in restricted funds
| Restricted income fund Total 5. DEBTORS Prepayments |
Balance 1 August 2023 £ Incoming resources £ |
Resources expended £ Funds 31 July 2024 £ |
|---|---|---|
| - - |
- - |
|
| - - |
- - |
|
| 2024 £ 2023 £ |
||
| 5,204 2,604 |
||
| 5,204 2,604 |
| 2024 | 2023 |
|---|---|
| £ | £ |
| 5,204 | 2,604 |
| 5,204 | 2,604 |
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