YMO TRUST LTD

Registered charity 1155032 · accounts filings on the Charity Commission register · also known as YMO TRUST, YOUNG MINDS ORGANISATION TRUST LTD

YMO TRUST is dedicated to help prevent child labour, advance education and work skills for the benefit of all. Our Education Training Centre in Bangladesh provides education, vocational training courses and teaches basic life skills. YMO TRUST will also actively contribute to charitable activities within the areas it operates.

Objects

1.TO ADVANCE EDUCATION AND WORK SKILLS FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY OF YOUNG PEOPLE IN BANGLADESH.2.THE PREVENTION OR RELIEF OF POVERTY FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY OF YOUNG PEOPLE IN BANGLADESH.3.TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income
£57k
Latest spending
£77k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net loss of £20,582 for the year, with total expenditure of £77,481 exceeding incoming resources of £56,899. Despite this loss, the trustees report that unrestricted funds (reserves) stood at £56,852, which they consider adequate to meet working capital requirements and continue current activities. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three years of unrestricted expenditure (held: £57k)
“The charity currently has a 3 year reserve. In the Trustees’ view, the reserves should provide the charity with adequate financial stability to meet the working capital requirements of the charitable work” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bangladesh

Income and spending

Financial year endIncomeSpending
30/04/2025£57k£77k
30/04/2024£79k£73k
30/04/2023£37k£36k
30/04/2022£45k£28k
30/04/2021£28k£27k

Common questions

Is YMO TRUST LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £20,582 for the year, with total expenditure of £77,481 exceeding incoming resources of £56,899. Despite this loss, the trustees report that unrestricted funds (reserves) stood at £56,852, which they consider adequate to meet working capital requirements and continue current activities. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.