YMO 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.
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.
What the accounts disclose
“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
Trustees
- ABDULLA CHOUDHURYchair
- Damian Jason Provencal
- Foiz Ahmed
- Muhammed Muhit Miah
- Shajul Islam
- Tera Miah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.