RL"GISI'F.R Tr"D CHARITI. NLMLIF.R: SClbVIO4 rAbE F&DLE¢h[U9ry2024.l2£}thUs
Kaizen Youth LmpowL'rnieni LS('II)) 0n1Lnt.%f IhL FinaniidlLom¥LI tor Lhe Pcn(M4 6 F"cbrnary ?Q24 11) 28 Febryary 2025 Page Report of Ihe'fru5tec% Indendent Exatnincls RcFK>rt Stat¥mcni (?f Financial Activilic 13alance Sh Noies to ihc Financial Staicmcnls Detsiled StsiLillenl of Financial Activiiies
Kdizeny thEm wennent scio r rthCP¥riL6F 2024 LF¥bw2Q21 'IthL tnL%ILL PT¥Wt thL'ir r¥iN?rt with thc finaTKial %ts1tYnLLI i)r thL' chan.ty f(Trr IhL' YYriI)d 6 FLbnwy 2n24 1() ?% F¢bnI . ?U?5. Th¢ tru%lLxTh hail dthytLYJ the vf ArL(Trunlin¥ aThl IiLy)nin¥ by ('haniiL%. S¢alLtnLnl (If RLxommLnded PrdLXIL¢ appliiJble tl? Ihaniic% prLTanng their arcnunL5 Jn accordancc with th¢ Financial RLy)rling STiindard HppliiablL in ihL UK and RLpuhlic of IrL]at IFRS 1021 l¢tTLLIINL l Januar). 21111)). ()ILITr'C"I'II'Tr-S AID Acfivii"IES K4111.In YLiuih I'.InTK)WLfTnLYiI exists io LNUiP ywn8 rw>le arml the kLv adul in Ihcir lives with the %kills. rriinds¢L and %upp)n they nttd Iii thrive. Thrgh youth impact c(Kchin& IhLfdPLUIIL iniLf%Lniion%, dtyl lidd¥rthip %1(1pme1¥1 priwammL%. W'L LlnlXIWLY individua18 ts) OVCOml ham"eN illCTfa 5elf-belicf. and un1k their full Wcntial. SIRnlficnt ctlvlti ()VLr IhL yLdr, wi'vi (k.vL1LKMI dl11[Yj lar¥LILYl inlLrv¢nli()TLi Ihal Lyuip yuun¥ ro)plL and kcy adults [n1ulr1Y faiinb diwlvan¥c. disLI)nnixiii)n. i)r ¥ln(Iliwli(>n with Ihc lifL %ki11s. LonfidenLL, and ILadcrthip ijww-iiy lil IhnvL. al In%Lied In building pJrtn¢r%hip%. cnygLYncnL and 111l}niny KuiiLn Y()uth l."mrA)WirnILYLI &% # ¢rndiblt and laluL1J i)rwii.wlJ(In within th¢ vi)uih d¥vkl¢)pnikni sLYtor. This rerAirt rndrk% a mdjur mil¢¥li>ne in Iw juum¢y. WhJl be¥An as a irtilialive dn"VLm by a dttp kliet.in I} rrtTrwer and rAAeniial of young swle rN)w IkxomL' J fornwlly r¥c>w151xI ihaniy with LILaT gUVLYnanic. slrdlL¥y. aThl rTKknufdblc impaLI. Thi¥ founduliunal yL'Jr .Ln dLdiiaied ii) layin¥ Ihe ¥r()undwc)rk for I1¥-I¢Tr %uc(1'. otsbli%hiny %lTY)n8 (Dr¥11114)nl %y%lLni%. i111n¥ vur Mil0 drnj triiiut). aThJ lauh1¥ pilul prLw4iiimL t MLLI ¢hL urgLni iuid LV()Ivin¥ ncLxi¥ ol'ihL' voun¥ wlL' wc %Lrv¢. Volunieers T4) Ln%urL tTrk' cbbJ¥xiiv¢% arKI Hi¥rL% i?f thr ihanty arL LamLyJ vul. it 1% WittY imwrlanl Ihxl thL Lharity rLLruitt% .%U"tantIal numkr ofvolwitCL'W5 wkn ¢8n ry¥1(. van¢d skill% thai will k e•4ntsal lib th¢ PNTrJLI. li 1% thl Lhariiy'4 aim Io WQTk with their volunle¢rB and hlild on lT ¢xistinB Skills and provi<k. Ihcm with n¢w skills whL'rn' 4LppftipnJi¢. Thi Lhariiy dim% io reLruil a rdn¥e of iolunt¢m wsin¥ maierial atKI MethL th91 •re Incl11¢ of 4 ld¢ Ige ur Indiv)dual% Irom dilTcrLmi baL'kgft)un(1s dnd dbiltlL¢S. 'IYANC-IAI. R Tr'.I'IF.W' Investment pollr) and ohJe¢tlves I'hL L(?mpJny ()nly holds i&sh lun(Ls and rM)i iTh%'thi in any hi¥h¢r-ri%k In¥oim¢nts. The ar¢ n¥uircd for tknth %hort li)nbt Icmi %¢rd1Lg1 an¢J IherL"five are n(Trt in%'LiLyI in longLf-ILTh in%LIrnLYII li t% thl lI1£Y of thc charity thal unrestri¢id ruth which have nt)i IK¢n d&signal1 fthr 8 s¢7r1e u%c 4hould bc mainiainixl dt a IL] Lyuiialcnt io thL IrusieL LtimalL of thL' LKC&%Lonal thtnistr¥iion ¢x1C th?t will 8ri OWLY th¢ nlxl ycTrr. Thi5 ILVLI olT¥&¢rvi has bccn main¢aincd 1hrvu8I ihc yLar. Thc iruslcc% considtr ihai the companN's furbds sknuld haNc M exp)%wc 10 risk. plccordinglj. th¢ ¢iymp&ny d$ rrt)I hai'l n) inNL¥trnents oih¢r (knn funth" held bank deFo%ii from time 10 tirne. io allow readv 4Leces 10 moniL¥ and when rcquiTtd. "I"kl.'cri'RL. I:I)I'Tr.RN,LNCE A%D.M.4.%A("L%IENT (Jovernln% documeni ThL charity 1% Liinlro1lL hy its ¥£MIng dwum¢nL a deed of trust r4m51ilut¢s an unincorTlltcd chan'ty. Indvctinn and Ir#ininR lif 1rn51ee5 NLW ITuNliLS arL fL411i%lid Ic) IJ. milli thL7nselvc5 with the requirernenis frorn OSCR and the Lompany 17¢1 in place.
ai!:¢n Yuulh Frn emt iSCIOJ STRI'.cfiiRE. GO'£R1,1NCE AD.AlAGEMENT in%n#kTr¥invnl rviiLuneration MaiidbLmLllI fLtiiunLraiiiin dfL 1 by the . ThL IDis1ets will u%e bLiJchr¥wk infommiion frtmn %imildr io the obJe¢tiVL and SCO of Kail Youth F.MwwcTml arKI will. levels Kcordingly Rlsk m8nx%emeni Thl IruslL's have a duty identtfv arml revieu the risks 10 which the ¢lwiry is expo%cd aThl w cn5urc apPrle ¢onth)Is arL in placi 10 rna%orLLblc assuran¢¢ against fraud a1 error R Tr-.TrTr.RTr.14C-fr: 4ND ADMI)1STRATI&'E DET.411_S Ri'kFi%terwl ChAritv number ApproN'ed b). order of the trrf)ard of In on 12 Ikt<kn 2025 arwj its trthalf by.. Fab 2
Inde endenl Exdfftinerfs RL un io Ihe Trust¢¢s of Kaizen Youih Lm werm¢ni scio Indepcndeni examiner'5 report 10 Ihe Irusttes of KaiLen Youth Empowermcnl {SCIOI I rLpi)rt to Ihc Lharilv truslLCS on Iny examinaiion ol-lhe accounls of Kai£Ln Yuuih LmpuwLrJneni Iscioi Iihe l-ruiil for perit)d 6 fchruari ?0?4 ia ?8 FL.bruJr¥ !l)?.S. Respon5ibllitivs #nd b#*is of reporl A% IhL' chdriiN' Iru%lees (?I' IhL I rusl )'OU dfL' Tesp()nsible f()r thL prLp(Iraiii)n of ihc account.% in a¢cordancc wilh requirements of the (.'hariiics Acl ?01 I I'ihe Act'l. I r¢purt in rL%pLci ()finy ¥xarnindlion of ihe 'l'ru&l'% aLcoulli% carTiLd out und¢r SLLIiLbn 145 i>fthc Ali ynd iii Larryiiig (Jill cxllmination I have foll(bwLd 811 appliLahle l)irL'Ction5 gpiven by the Chariiy Lvmrni55ion undLr Svclivn 14.5i8llbi of ihL Ac iy Ind¢p¢ndeni examintr's statemcnl I hclVL coinplcied iiiy cxainiDJii()n. I cunfinn thai no malcrial Inattcrs hilvc comc 10 my aii¢niion in connection wilh 3CL(iiJnlin¥T fLLI)rdi M'crL IIDt kcpl in rc$pccl af Ih¢'l rusi as r¢quiTcd by Scction 130 0l.ihL ALI., or th¢ C harili¢5 IALLoun15 diid RLpi)ns1 Rcul011{1ry5 ?008 iiiliLr Ihaii (til> rL4uirL'inciii tlirfil th¢ dLcvunls ¥iVL il ifuL fair view wliich is noi a liidtter cuiisidirld 4L% Pdrt uf dri iriLILpuiid¥nl ¢xaiiisnal¢(?ll. hclVL no conc¢rn¥ and have ¢oine across no other Indiiers in cunnecliuii wilh IhL LXilTninali()11 io which Ull¥iiliiTrn ShOld drawii in Ili15 rcport in order to cnablc a propcr understanding of ihc dcci)unis to rLach¥d. 12 (k1vb¢r 2025 l>agc 3
scio 5thtement ot-Financial Aciivities I r ihe P¢riL6 F%.b2024 w 2¥ F 202 UnrLstriclcd lund INC"OML..I%D Tr"%I)OM%1E%'TS FRO%1 IX)naiion5 aThJ I¢¥IL 20.352 FXPLNDITURE C) 4.887 NEI. lTriC()ME 15.465 I'V'I'AL Tr'L'P4'DS C.ARRITr.D FnRII'ARD 15.465 The noits forni of these fi#ancial sthtyn¢nts Page 4
sc'iu 118lance Sheet Unr¢slriLi¢d fund ( IIRR Tr'.T+4I- A%%F.'IS Cdili 411 bdiik 15.465 -7. (.'VRKEN4'f A&%Tr:T 1 S.465 T()TAI..4$8F.T% I.F.SS CI'RRF.NT .IABII.11-IF.+i LT ASSE'I'S 1.S.465 15.465 'I'i)'rAI. F IITil) 15.465 'Ihi fiNiiiiyl ¥14ilimLnix WLYL, IIPPnlVLd by Ihl. IlibHrd c)fTniilLL4 anil uuihiiriled fibr i%YilL' lin 12 ()LliTrkY 2n25 and WLfL' ThL noic4 forni pan of th¢%i ftnanci2L I siaiLiiienis Page 5
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Notes 10 the Fi¢)anrial Stsi
6 F¢btw 2024 2LF¢
ACCOL%TING POI.ICIF.S
BA5is of prepring ihe finNri*l slxtements
Th¢ rInrI411 1)f thL ¢hanlv. whiLh is a public nefIt eniity undcT FRS 10? havL prLparLd in
aLLorddncL Wlth , ChariiiiS SORP IFRS 1021 'Accouniin¥ a]Ml R¢y)nin8 bj Chariiies.. Sthtemcnl tbf
Recommended pTIce iipplicable lo chan.lies PTEn& their account¥ in accordance w.lih Ihe Findllciiil
RLtM)rting Standard appliLablc in the LK and R4xJbliL of IrLlatLd IFRS I(>21 leffcLlivi l 20191,.
FindtKl
Kaizen Yvuth I'"mwwerTnentL Nvlts Ihe Fin¢1411 %taiemeni%- continued MUVF.MF.WI' IN FUNDS- conilnucd Nd movcmeTrl in futth. inLludcd in th¢ ave ar¢ as follows.. RcsourLL5 LKndlY1 MLivernLnl In fund rLTruflC UnMtrf¢ied funds CJLn¥rJl lunLI 20.352 14.8871 15,465 T()I'AI. FLIND 211.352 14,X871 15.465 RELA'I'ED P,tRI'Y DISCLUSI'RES Thlre wLYr nu rL'lalLd pany IralLC1]un5 fur lh¢ piriiMI Lnded 28 February 2025. PJgt 7
Kiiizen Yourh Empowernienl scio DeLqiled Statement of Financial A¢iiviii¢ l- r ih. PLri(MJ 6 Feb 2024 lu 2¥ Fltyn2o2s Ir"CC)MF. AND END()H'MENT Donailoni and Ii8clL Cjltls Donations Provisivn vl'&crviLe 5.1 20.352 Total incomin% resource5 20.352 EXPENDITL'RL RAisin% donations 4nd leg#clrs 4.8¥7 Tc?t21 res1)reeS exnded 4.¥87 Net incoTne 1_5.465 I'hi.% pagc d.% not fvmi part uf the %tdtlliory financial StslLrnLnL Page S