Youth for Economic Justice Trustees’ Annual Report May 2024 to April 2025
Charity contact information
Your charity’s name
Scottish Charity Number: SC043089
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Charity Trustees
Our trustees comprise the Board of YEJ. Profiles of our trustees are available on our website: https://www.yej.org.uk/index/?page id=65
Trustees are presented below in alphabetical order by surname.
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Objectives and activities
Our mission
Our mission is to overcome economic injustice by inspiring and supporting women and young people in economically distressed communities to engage in sociallyrelevant entrepreneurship that stimulates and sustains local economies.
How do we help?
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By providing much needed training and resources for enterprise development, vocational skills, financial literacy and life skills.
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By empowering young people to have a voice in their community and influence the decisions that affect their lives and businesses.
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By helping increase fair access to credit, formal financial services and financial information.
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By ensuring a more supportive and enabling policy, legal and regulatory environment for enterprise development by young men and women.
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By strengthening links between young entrepreneurs and their markets.
The charitable purposes of YEJ are:
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the prevention and relief of poverty of youth in the UK, Africa and other parts of the developing world through developing their ability to engage in sustainable employment and/or in running their own enterprise and access to investment funding and other relevant resources;
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the promotion of equality and diversity in the UK, Africa and other parts of the developing world, by ensuring that young women, as well as young men, have the opportunity to become active micro-entrepreneurs or wage workers;
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the advancement of citizenship or community development by empowering and strengthening community based organisations in order that they, in partnership with distressed communities, respond more effectively and sustainably to the needs of young people in their local communities in the UK, Africa and other parts of the developing world;
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the relief of those in need by reason of age, and/or financial hardship by develop young people’s basic knowledge and management skills in finance for both their personal and business financial goals; and providing access to investment funding and other relevant resources for communities in the UK, Africa and other parts of the developing world;
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the advancement of education among young people in the UK, Africa and other parts of the developing world, in particular, although not exclusively, young women, through education and training programmes to develop their basic knowledge and management skills for economically viable entrepreneurship.
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Structure, governance and management
Type of governing document
The governing document of YEJ is a constitution. YEJ is a Scottish Charitable Incorporated Organisation. The trustees are the organisations only members and comprise the YEJ Board.
Trustee recruitment and appointment
While the Board of YEJ is effective in its diverse mix of skills and experience, YEJ would like to appoint further trustees to expand on this range of experience.
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Achievements and performance
2024-25 was a quiet year. The Sacred Heart Church in Penicuik, through their FOSHSM group, continued to fund the Kenya child protection programme, at the Mahali Pa Usalama rescue centre (MPU) in Mombasa.
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Financial review
Detailed Financial figures are available in the accompanying receipts and payments excel file.
Statement of the charity’s policy on reserves
The balance of the bank account as of 30th April 2025 was £22,012. The Board would like to hold circa £20k in reserves. The holding of this amount is in line with the Board’s endorsed policy on reserves that they are held:
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For contingency to cover unplanned payments, e.g. fluctuations in exchange rates and bank fees to transfer donations to partners abroad;
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To build reserves in order to qualify to apply to Trust and Institutional donors.
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Future plans
As reported last year, the Trustees recognise the challenging funding situation at present. Larger funding opportunities are all but impossible, and it is difficult to recruit new trustees in a time when people are struggling to find paid employment.
Discussion will take place in 2025-26 on the future of YEJ.
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Declaration
Signed on behalf of the charity trustees:
Print name Designation CHAIR
Date 22/01/2026
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APPENDIX2
$C043089
Youth For Economic Justice
; [Periodstartdate O S ( R Receipts and payments accounts Scottish For the period | [a7 JTJL]Jto )~F_Periodenddate[month —||__Year] Charity Regulator from [30 | Section A Statement of receipts and payments Unrestricted Restricted — Permanent Total funds Total funds last funds funds endowment endowment current period period funds funds to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest£ Ai Receipts Donations| | | Grants |.000| 2,000 Bank compensation =| | Ss aOe P| es P| AT Subtotal|__—*+| 7,000 A2 Receipts from asset & investment sales Proceeds from sale of fixed assets Ys Proceeds from sale of investments Ys Az Sub total|_—| A3 Payments SIDA Membership ao] a] (a) activities Programme Research a | | [WebsiteOY PD A3 Sub total T304 A4 Payments relating to asset and investment movements Purchases of fixed assets Ys Purchase fiwesinenis [| A4 Sub totall ——”d
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APPENDIX 2 . :
Youth For Economic Justice $C043089
Section B Statement of balances
nesae- Restricted funds endowmentExpendable endowmentPermanent roe Total last period
funds funds P
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B1 Cash funds Cash and bank balances at start of year | a2ort| | a0 | | 2251 22.555
paymentsSurplus / (deficit)account shown on receipts and a) a) (237) (304)
(Agree balances with receipts and payments
account(s))
Fund to which asset belongs Market valuation Last year
Detailetalls
to nearest £ to nearest £
- — —
Total
Details Fund to which asset belongs Cost (if available) Currentavailable) value (if Last yeyear
to nearest £ to nearest £ to nearest £
-
Total
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest £
— —
Total
Details Fund to whicheeliability. relates Amount(estimate)due Last year
to nearest £ to nearest £
oe — —
Total
Signed by one or two trustees Date of
on behalf of all the trustees Signature Print Name approval
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YEJ Receipts and Payments accounts 01052024-30042025 FULL YEAR ACCOUNTS no sig? Statement of balances
December 2007
APPENDIX 2 . . Youth For Economic Justice
$C043089
Section C Notes to the Accounts
C1 Nature and purpose of funds (may be stated on analysis of funds worksheets) Type of activity or project supported individual! reeled / —= Total C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b)
Authority under which paid
f
C3b Trustee remuneration - details
C4a Trustee expenses
If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)
Number of £ trustees
C4b Trustee expenses - details
: - Nature of relationshi
Nature of transaction
Transaction Balance amount (£) outstanding‘ at
C5 Transactions with trustees and connected persons
C6 Other information
YEJ Receipts and Payments accounts 01052024-30042025 FULL YEAR ACGOUNTS no sig / Notes
December 2007
APPENDIX 2
YEJ Receipts and Payments accounts 01052024-30042025 FULL YEAR ACCOUNTS no sig / Notes4
December 2007
APPENDIX 2
$C043089
Youth For Economic Justice
Additional analysis (1)
Analysis of receipts and payments
1 Donations - Expendable Permanent Unrestricted Restricted funds endowment endowment Total current Total last funds funds P Pe’ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ Friends of the Sacred Heart, Penicuik (FOSH) | 2,000 | | __ 2,000 | Total P2000 [2,000] 2 Grants Unrestricted Restricted funds total current lotal last to nearestfunc £ to nearest £ to nn e rindarest £ to nn e arestrind £ Total == = 3 Gross receipts from other charitable activities - Expendable Permanent Unrestricted Restricted funds endowment endowment Total current Total last funds funds P Pel to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ Total ==== = 4 Payments relating directly to charitable activities vnesenRestricted funds Expendableendowment endowmPerman ent Total current Total ast funds funds P pe to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ Total ---- = reference error reference error - - reference error -
YEJ Receipts and Payments accounts 01052024-30042025 FULL YEAR ACCOUNTS no sigAdditional notes (1)
December 2007
APPENDIX2
$C043089
Additional analysis (2)
| 5 Breakdown of unrestricted funds | ||||
|---|---|---|---|---|
| Existing unrestricted funds |
Total unrestricted funds |
Total unrestricted funds last |
||
| period | ||||
| Receipts | ||||
) |
||||
| Receipts from asset & investment sales | ||||
| Sub total | ||||
| Totalreceipts, | [J(J DJ CJ | (J DJ CJCo | ||
| Payments ee ee ee© |
© 0 © |
90 List |
g | |
| ee0 a6 a Sub total |
0 6 |
[___189 | aie po a |
|
| Payments relating to asset and investment | ||||
| movements | ||||
| Sub total | ||||
| Total payments | eS | ee |
aand purpose of funds
YEJ Receipts and Payments accounts 01052024-30042025 FULL YEAR ACCOUNTS no sigAdditional notes (2)
December 2007
LondonSE8 5DRSE
APPENDIX 3
OSC r
Office of the Scottish Charity Regulator
’ Independent examiner s report on the accounts V2
Report to the YOUTH FOR ECONOMIC JUSTICE trustees/members of
| Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| YOUTH FOR ECONOMIC JUSTICE | ||||||||||
| Registered charity number On the accounts of the charity for the period Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner’s statement Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
SC043089 | |||||||||
| Period start date | Period end date | |||||||||
| Day | Month | Year | Day | Month | Year | |||||
1 |
MAY | 2024 | to | 30 |
APRIL | 2025 | ||||
| A, B and notes 1 to 3 | ||||||||||
| The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. |
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| My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts. |
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| In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and • to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
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| Date: | 29 January 2026 |
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LondonSE8 5DRSE
APPENDIX 3
OSC r
Office of the Scottish Charity Regulator
’ Independent examiner s report on the accounts V2
Report to the YOUTH FOR ECONOMIC JUSTICE trustees/members of
| Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| YOUTH FOR ECONOMIC JUSTICE | ||||||||||
| Registered charity number On the accounts of the charity for the period Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner’s statement Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
SC043089 | |||||||||
| Period start date | Period end date | |||||||||
| Day | Month | Year | Day | Month | Year | |||||
1 |
MAY | 2024 | to | 30 |
APRIL | 2025 | ||||
| A, B and notes 1 to 3 | ||||||||||
| The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. |
||||||||||
| My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts. |
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| In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and • to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
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| Date: | 29 January 2026 |
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