Governance and Financial Controls

Built for audit confidence and regulatory assurance.

Yeme Community Capital operates with robust governance arrangements to ensure Social Value funds are protected, traceable and deployed strictly in line with agreed purposes.

Governance within YCC is focused on financial custody, control and accountability. Delivery, coordination and reporting are intentionally separated to protect all parties within the procurement process.

Financial Controls

 

  • Cash-only Social Value contributions
  • No pre-award fund holding
  • Segregated fund accounting
  • Ring-fencing by contract, place and theme
  • Appropriate Know Your Customer (KYC) and Anti-Money Laundering (AML) checks

Audit & Assurance

 

  • Full transaction-level audit trail
  • Record retention in line with regulatory requirements
  • Confirmation of fund receipt and release recorded and available for audit and commissioning authority assurance

Allocation & Oversight

 

  • Formal allocation approval processes
  • Documented allocation decisions
  • Clear separation between fund custody and delivery activity

Regulated Custodial Arrangement

 

Fund custody and statutory financial reporting are provided via Mercy Mission UK, a Charity Commission registered charity, operating regulated charitable infrastructure on behalf of Yeme Community Capital.

Cost Recovery and Efficiency

Yeme Community Capital operates on a cost-recovery basis designed to maximise the proportion of Social Value funding reaching frontline delivery.

Fees reflect efficiency gains achieved through pooled fund management, shared governance and long-term stakeholder coordination. As the volume of funds administered through the platform increases, per-contract costs are expected to reduce over time.

Separation of Responsibilities

Governance, delivery coordination and reporting are intentionally separated within the Yeme Procurement Model.

Yeme Community Capital does not deliver activity or produce outcome reports. Coordination and capacity-building support may be provided by third-party partners operating independently of fund custody.