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 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

REFUGEE YOUTH SERVICE UK CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

REFUGEE YOUTH SERVICE UK CIC

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The company is a Community Interest Company (CIC). As such, the CIC's activities are outlined in the Community Interest Annual Report that is included within this filing.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Jonathan Willis
Bhargabi Bharadwaj
Stephen Edward Cole
Rhia Aysha Danis
Camilla Anne Gordon


The director shown below has held office during the period of
1 January 2024 to 2 March 2024

Jesse James Tomlinson


The director shown below has held office during the period of
23 May 2024 to 30 July 2024

Abdulmonaim Ahmed Ismaiel


The directors shown below have held office during the period of
15 March 2024 to 31 December 2024

Jessica Sara Hosseiny
Naqeeb Saide


Secretary Jonathan Willis

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 February 2025

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

REFUGEE YOUTH SERVICE UK CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 5,558 6,185
Cost of sales: ( 27,690 ) ( 34,785 )
Gross profit(or loss): (22,132) (28,600)
Distribution costs: ( 70 ) ( 46 )
Administrative expenses: ( 172,245 ) ( 143,749 )
Other operating income: 194,623 172,463
Operating profit(or loss): 176 68
Interest payable and similar charges: ( 497 ) ( 69 )
Profit(or loss) before tax: (321) (1)
Profit(or loss) for the financial year: (321) (1)

REFUGEE YOUTH SERVICE UK CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 768 1,089
Total fixed assets: 768 1,089
Current assets
Debtors: 4 1,540
Cash at bank and in hand: 84,379 64,482
Total current assets: 84,379 66,022
Creditors: amounts falling due within one year: 5 ( 85,482 ) ( 67,127 )
Net current assets (liabilities): (1,103) (1,105)
Total assets less current liabilities: (335) ( 16)
Total net assets (liabilities): (335) (16)
Members' funds
Profit and loss account: (335) ( 16)
Total members' funds: ( 335) (16)

The notes form part of these financial statements

REFUGEE YOUTH SERVICE UK CIC

Balance sheet statements

For the year ending 31 December 2024 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 10 February 2025
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 2024

  • 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 been 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 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 3

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 1,202 1,202
Additions 537 537
Disposals
Revaluations
Transfers
At 31 December 2024 1,739 1,739
Depreciation
At 1 January 2024 113 113
Charge for year 858 858
On disposals
Other adjustments
At 31 December 2024 971 971
Net book value
At 31 December 2024 768 768
At 31 December 2023 1,089 1,089

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,540
Total   1,540

REFUGEE YOUTH SERVICE UK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,307 2,835
Accruals and deferred income 82,175 64,292
Total 85,482 67,127

COMMUNITY INTEREST ANNUAL REPORT

REFUGEE YOUTH SERVICE UK CIC

Company Number: 14555927 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

- Our work throughout 2024 continued to focus on the UK, where we supported age-disputed asylum-seeking children living in Home Office hotel accommodation intended only for adults. Specifically, the project: o Identified age-disputed children and provide them with information on their rights o Referred age-disputed children to the local authority responsible for transferring them to suitable accommodation and starting the age-assessment process o Referred children to legal firms and supported them until all attempts to be recognised as children had been exhausted o Monitored children’s wellbeing, provided opportunities for recreation and respite and made connections between them and local service providers - Meanwhile RYS continued to provide 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 100+ people were trained. - RYS continued and eventually concluded its role as an intermediary funder for Comic Relief. EPCAT France, which concluded its third and final year of funding in August, 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 and concluded in November 2024, was a huge success. With support from RYS, Velos Youth taught intermediate level English to over 150 displaced young people.

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 continues to work with session workers with lived experience of forced migration to support the delivery of its work. These session workers ensure that RYS’ work it 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, in order 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. We continue to be told by 98% of trainees that they are either ‘satisfied’ or ‘very satisfied’ with the training.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £35,694.28 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
10 February 2025

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