REFUGEE YOUTH SERVICE UK CIC

Company limited by guarantee

Company Registration Number:
14555927 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 23 December 2022

End date: 31 December 2023

REFUGEE YOUTH SERVICE UK CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

REFUGEE YOUTH SERVICE UK CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023


£
Turnover: 6,185
Cost of sales: ( 34,785 )
Gross profit(or loss): (28,600)
Distribution costs: ( 46 )
Administrative expenses: ( 143,749 )
Other operating income: 172,463
Operating profit(or loss): 68
Interest payable and similar charges: ( 69 )
Profit(or loss) before tax: (1)
Tax: 0
Profit(or loss) for the financial year: (1)

REFUGEE YOUTH SERVICE UK CIC

Balance sheet

As at 31 December 2023

Notes 2023


£
Fixed assets
Tangible assets: 3 1,089
Total fixed assets: 1,089
Current assets
Debtors: 4 1,540
Cash at bank and in hand: 64,482
Total current assets: 66,022
Creditors: amounts falling due within one year: 5 ( 2,835 )
Net current assets (liabilities): 63,187
Total assets less current liabilities: 64,276
Accruals and deferred income: ( 64,292 )
Total net assets (liabilities): (16)
Members' funds
Profit and loss account: (16)
Total members' funds: ( 16)

The notes form part of these financial statements

REFUGEE YOUTH SERVICE UK CIC

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 February 2024
and signed on behalf of the board by:

Name: Jonathan Willis
Status: Director

The notes form part of these financial statements

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Any grant income, fundraising income or income that is not part of the ordinary business activities of the company has been recorded as Other Income, where applicable.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:Office Equipment: 2 years (straight line)

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023
    Average number of employees during the period 3

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 1,202 1,202
Disposals
Revaluations
Transfers
At 31 December 2023 1,202 1,202
Depreciation
Charge for year 113 113
On disposals
Other adjustments
At 31 December 2023 113 113
Net book value
At 31 December 2023 1,089 1,089

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023
£
Trade debtors 1,540
Total 1,540

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023
£
Taxation and social security 2,835
Total 2,835

COMMUNITY INTEREST ANNUAL REPORT

REFUGEE YOUTH SERVICE UK CIC

Company Number: 14555927 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Our work throughout 2023 continued to focus on the UK, where we launched a new piece of work supporting age-disputed asylum-seeking children living in Home Office hotel accommodation intended only for adults. Specifically, the project:- Identified age-disputed children and provided them with information on their rights- Referred age-disputed children to the local authority responsible for transferring them to suitable accommodation and starting the age-assessment process- Referred children to pro-bono lawyers and supported them until all attempts to be recognised as children had been exhausted- Monitored children’s well-being, provided opportunities for recreation and respite and made connections between them and local service providersMeanwhile, Refugee Youth Service UK CIC ('RYS') continued to roll out its Journey with an Unaccompanied Child capacity-building training programme, reaching new parts of the country and individuals from a growing range of professions and occupations. In total a further 150+ people were trained.RYS continued its role as an intermediary funder for Comic Relief. EPCAT France, which entered its third and final year of funding, continued to provide emergency support to unaccompanied children on the move in northern France. Additionally, RYS continued to support Velos Youth in Greece, with funding and in-kind support. Notably, the Living the English Language programme started at the end of 2022, has been a huge success. With support from RYS, Velos Youth has built a library at its day centre in central Athens and is operating a comprehensive English language teaching programme.

Consultation with stakeholders

The company’s stakeholders are the children and young people it provides services to and the individuals it provides training for. The young people RYS works with are provided feedback forms when RYS concludes it work with them. It is provided at this stage because this is when young people are usually most comfortable giving full and honest feedback. In addition to this, RYS recruited session workers with lived experience of forced migration to support the delivery of its work, these session workers ensure that RYS’ work is well suited to the needs of the children and young people it serves.All trainees are requested to complete a survey before and after attending RYS’ training, to understand what they hope to obtain from attending the training course, and then to understand whether their hopes were met. The latter survey also provides space for trainees to give feedback on the quality of the training delivery, and whether they would change anything. In addition to this ongoing consultation, RYS hired a young person with lived experience of arriving in the UK as a child, to co-deliver the training. This young person has also helped to update and reshape parts of the training to ensure what is delivered is accurate.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £26,010.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
9 February 2024

And signed on behalf of the board by:
Name: Jonathan Willis
Status: Director