REGISTERED CHARITY NUMBER: 1071019
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2020
for
Norwich Youth for Christ
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
Norwich Youth for Christ
Contents of the Financial Statements
for the year ended 31 August 2020
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Report of the Trustees |
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Independent Examiner's Report |
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Statement of Financial Activities |
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Balance Sheet |
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Notes to the Financial Statements |
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Norwich Youth for Christ
Report of the Trustees
for the year ended 31 August 2020
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31August2020.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
OBJECTIVES AND ACTIVITIES
Constitution, objects and policies
NorwichYouthforChrist(NYFC)isconstitutedbyTrustDeed.Itspurposeistoevangeliseyoungpeople in
Norwich and surrounding areas, and to equip others for evangelism of young people.
Itspolicyistoachievethispurposeviaaseriesofdesignatedworksandprojectsinplaceswhere young
peoplenaturallycometogether:schools,youthgroups,etc.givingasmanyyoungpeopleaspossible the
opportunity to hear the Gospel and develop in their faith.
NorwichYouthforChristisaffiliatedtoBritishYouthforChristandsharestheaimofcommunicating and
demonstratingtheChristianfaith.Inallofourworkwithyoungpeopleweusewhatwecallthefour D
approach to evangelism:
Demonstrate - God's love
Declare - relevantly the good news about Jesus
Decision - Giving young people the opportunity to accept Christ as their personal Saviour
Disciple - Serving the local Church by providing both evangelistic and discipleship resources
Public benefit
TheTrusteeshaveconsideredtheCharityCommission'sguidanceonpublicbenefitandthe advancement
ofreligionwhenreviewingtheTrust'saimsandobjectivesandinreviewingexistingactivities and
planning future activities.
Staff and volunteers
Thetrusteescontinuetobegratefultothestafffortheirhardworkandcommitmentanddedication to
the mission.
The staff team this year comprised of:
Nick Blanch
Fliss Jones
Sarah Ballard (until August 2020)
Ben Lawrence
Abi Walter Browne
Gemma Stapleford (until May 2020)
Emmi Ward (nee Marlow) (until August 2019)
Gary Watson (from November 2019)
Joe Savory (until February 2020)
Bonnie Wilson
Matt Hubbard
Wealsohadtwogapyearstudentsvolunteerwithusfortheyear,JennyWilcockandRosieRiches. We
are grateful for their dedication, commitment and enthusiasm during this year.
Muchoftheworkissupportedbyvolunteersandwearegratefultoallofthemfortheirsupport and
enthusiasm.
Page 1
Norwich Youth for Christ
Report of the Trustees
for the year ended 31 August 2020
ACHIEVEMENT AND PERFORMANCE Development, activities and achievements
Ithasbeenayearoftwohalves.TheyearstartedwellinSeptemberwithafullprogrammeaheadof us,
andweenjoyedmakingprogressonallourprojects.ThenCOVID19hit,andliketherestofthe country,
wewerepropelledintolockdownandanewwayofworking.Almostallourworkandplans were
cancelled.Thisdid,however,giveustheopportunitytodevelopour'online'presence.Thiswas already
onouragenda,butthepandemicgavereasontomovethistothetopofourprioritiesandinvestin this
work.Weareincrediblypleasedwithhowthisisdevelopingandtheimpactwehavebeenabletohave in
the second part of the year.
PRIORITIES
Inlinewithourcurrentstrategy,NorwichYouthforChristcontinuestoworkagainst4main priorities.
(There is overlap in where some of our projects fit). These are:
- Schools work
- Music & Media
- Partnerships
- Resourcing others
Schools work:
PrePandemic,wecontinuedourpresenceinmanyhighschools,includingHellesdonHighSchool, Sewell
ParkAcademy,SprowstonHigh,OpenAcademy,FraminghamEarlandalsoinThurtonPrimary School.
Projectsincluderegularlunchtimeclubs,lessons,andassemblies.Forthe5thyearinarow,Nick was
invited to give a Christmas message at Sewell Park Academy's Carol Service.
Wehadotherworkinthepipeline,butthisalongwithallourschoolsworkstoppedwiththe introduction
of the first lock down.
OurAlternativeEducationProject-Boost,isnowanestablishedproject,andstoppedonlyforthe first
partoflockdownone.WeresumedtheprojectinJuly.However,theprojecthassufferedwithno new
studentsbeingreferredasschoolswereclosedduetothepandemicandtheyhavenotneededto make
thereferrals.Weareexpectingtoseethischangeoncethepandemicisundercontrol,indeedthe project
may even have a greater demand as students re-engage with schools from home learning.
Music & Media:
Tracks-Ourmobilerecordingstudiohasbeensomewhatredundantthisyear.Werecruiteda new
worker,Tom,totakethisprojectforward,butthishasbeenputonholdduringthepandemic.Tom,in the
meantimehasbeenabletoassistwithouronlinework,engagewiththestudentsatBoostandhelp with
our online youth service.
TheJam(ourmusicandmediaclub),spentmuchofthefirsttermworkingonashortfilmtobe released
atChristmas.'It'snotabouttheTurkey'waswritten,createdandproducedbythisclubandisoneof our
mostviewedfilmsonYoutube,withmanypositivecommentsreceived.Itwaslaunchedata Christmas
SupporterseventatMouseholdHubOffice.Wewereveryproudoftheyoungpeopleandall their
inspiration, hard work and creativity.
Duringlockdown,TheJammovedonlinetocontinuebuildingrelationshipswiththeyoungpeopleat the
club. It enabled us to support them through the pandemic, whilst still giving creative opportunities.
OurbiggestareaofdevelopmentthisyearhasbeenwithourOnlineYouthWork.Althoughon our
agenda,lockdowngaveusgoodreasontoprioritisethisareaofourwork.Wehavebeenmaking regular
contenttouploadtoourYoutubechannelwhichhashelpedcontinueourconnectionwithyoung people.
Ourcontentisthoughtprovoking,engaging,oftenwithafaithmessage.Wehavestartedupnew online
'gaming'clubs,whereyoungpeoplecanlinkup,playgamestogetherandchatallwithyouth workers
involved. We are looking forward to building this work further next year.
Page 2
Norwich Youth for Christ
Report of the Trustees
for the year ended 31 August 2020
Partnerships:
WehavecontinuedourchurchpartnershipprojectswithPoringlandandFraminghamEarl Churches
TogetherandBramertonChurchesTogether(BYRUS).GaryWatsonwasrecruitedtotakethis work
forward following Emmi's departure at the end of August 2019.
ThestudentpartnershipwithMeadowWayChapelfinishedinaplannedmoveastheemployment rights
transferreddirectlytothechurch.Ourpartnershipwiththechurchcontinueshowever,throughpaid for
officespaceandyouthworksupporttotheemployee.TheLakenhampartnershipendedasthe church
wishedtoemploysomeonedirectly.TheNigerianFellowshipandEatonChurchpartnershipsareon hold
pending developments with COVID-19 and legal gatherings.
NorwichYouthforChristcontinuestosupportandbeapartofinitiativesacrossthecity including
Transforming Norwich. (an expression of Churches Together across Greater Norwich).
InNovemberwewereinvitedtoruntheyouthworkattheRelationalMission's2020VisionDay.Wehad a
great day training young people in evangelism.
InFebruarywepartneredwithotherlocalYouthforChristCentrestorunKAIROS,aweekendaway for
youngpeopletohavefun,takepartinoutdooradventureactivitiesandhearfaithtalksfromThe Sense
(NationalYouthforChrist'stouringband).WerantheweekendatanactivitycentreinNorthNorfolk and
look forward to doing similar weekends in the future.
Resourcing Others:
NorwichYouthforChristisanorganisationthatprimarilyseekstoreachyoungpeopleoutsideof the
church.Butwerecognisewearealsoinapositionwherewecanequipandempoweryoungpeople and
churchestodothesame.Thereforepartofourmissionhastobetomultiplythegospelby resourcing
others.
InFebruary,werananewyouthministrytrainingcourseforthechurchTogetherLovingChrist.This 5
weekcoursewasdesignedtogooverthebasicsofyouthministrytohelpthechurchlaunchyouth work
activities.COVID-19initiallypreventedsuchalaunchbutwehaveremainedinclosecontactwith the
intention of launching activities when it is safe to do so.
InNovemberwefacilitatedTheGlobalLeadershipSummitonceagaininNorwichtoover130 delegates
frommanydifferentchurchesandorganizationsinthearea.Itwasaninspiring,encouraging and
challenging two days of teaching on leadership.
Encounter,ourtermlyyouthworshipserviceforlocalyouthgroupstogathertogether,ranasnormal in
October2019,howeverourMarch2020servicewascancelledatshortnoticeduetothePandemic. We
madethedecisiontotakeourJune2020Encounteronlineandpre-recordedallthecontentready to
premierashorteryouthserviceon12thJune.Weencouragedyouthgroupstowatchthistogether online
anddebriefattheendwithquestionstoaskrelatingtothetalk.Itssuccessmeantthatwedecided to
make another online service for July and consider making this a monthly event in the next year.
FINANCIAL REVIEW
Financial position
Consideringtheyear,wearethankfulthatwedidn'tseemuchofadipinourregulargiving.Wewere not
abletodoanybigfundraisingeventsthatwehadplanned,ortakesomanyopportunitiestotalk about
ourworkinchurches,andourBoostIncomewasaffectedbecauseoflesstakeup.However,weran a
coupleofsmallerfundraisingeventsbeforeCOVIDaffectedus,wewerethenabletoclaimunder the
GovernmentJobRetentionSchemetohelpcoverstaffsalariesforthosethatneededtobe furloughed.
This,togetherwithanunexpectedlargedonationfromaTrustthatwaswindingupattheendof June,
has meant we ended the year in a strong financial position.
We are thankful for the continuing support from those who give regularly and new supporters this year.
Page 3
Norwich Youth for Christ
Report of the Trustees
for the year ended 31 August 2020
FINANCIAL REVIEW
Reserves policy
Toavoidclosureduetofinancialdifficultythetrusteeshaveagreedtokeepacertainlevelof financial
reservestoensurethatmainoperationscancontinueforaperiodofatleast3months.Weestimate this
to be £23,000.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.
Recruitment and appointment of new trustees
AppointmentoftrusteesisgovernedbytheTrustDeedofthecharity.TheBoardofTrusteesis authorised
to appoint new trustees to fill vacancies arising through resignation or death of existing trustees.
Induction and training of new trustees
WearestilllookingtorecruitnewTrustees.NewTrusteesareinvitedtoattendameetingofTrustees and
to meet the Director and the staff team before appointment.
WerecognisetheimportanceofongoingdevelopmentofTrusteesandtheirconfidenceandability in
fulfillingtheirrolesandresponsibilities.Withthisinmindwewillbeseekingopportunitiesfor training
and development of the Trustees in their roles.
Risk management
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandto ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Thetrusteesareasmallgroupworkingcloselywiththedirectorandstaffwhocontinuetomonitor the
risksfacingthecharity.DavidAdamssteppeddowninJuly2019.Wearegratefulforhisinput and
wisdom.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1071019
Principal address
Mousehold Hub
22 Mousehold Avenue
NORWICH
Norfolk
NR3 4RS
Trustees
M H J Smith
R Lynds
D Gyton
S Knights
M Mills
C Poole (appointed 1.9.2019)
Independent Examiner
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
Page 4
Norwich Youth for Christ
Report of the Trustees
for the year ended 31 August 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
HSBC
155 Mile Cross Lane
Norwich
NR6 6RL
Approved by order of the board of trustees on 24 June 2021 and signed on its behalf by:
M H J Smith - Trustee
Page 5
Independent Examiner's Report to the Trustees of Norwich Youth for Christ
Independent examiner's report to the trustees of Norwich Youth for Christ
IreporttothecharitytrusteesonmyexaminationoftheaccountsofNorwichYouthforChrist(the Trust)
for the year ended 31 August 2020.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mark Johnstone FCA
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
24 June 2021
Page 6
Norwich Youth for Christ
Statement of Financial Activities for the year ended 31 August 2020
Unrestricted
Restricted
funds
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
150,181
2,000
Charitable activities
Charitable Activities
43,017
280
Other trading activities
2
2,986
-
Investment income
3
421
-
Other income
836
-
Total
197,441
2,280
EXPENDITURE ON
Raising funds
4
6,433
-
Charitable activities
5
Charitable Activities
23,849
-
Evangelism of young people
127,841
1,483
Total
158,123
1,483
NET INCOME/(EXPENDITURE)
39,318
797
Transfers between funds
14
2,599
(2,599)
Net movement in funds
41,917
(1,802)
RECONCILIATION OF FUNDS
Total funds brought forward
70,812
4,292
TOTAL FUNDS CARRIED FORWARD
112,729
2,490 |
2020
Total
funds
£
152,181
43,297
2,986
421
836
199,721
6,433
23,849
129,324
159,606
40,115
-
40,115
75,104
115,219 |
2019
Total
funds
£
87,729
43,232
2,949
342
5,518
139,770
5,433
15,306
152,090
172,829
(33,059)
-
(33,059)
108,163
75,104 |
|
|
|
The notes form part of these financial statements
Page 7
Norwich Youth for Christ
Balance Sheet
31 August 2020
Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
11
6,864
-
CURRENT ASSETS
Debtors
12
1,322
-
Cash at bank
107,068
2,490
108,390
2,490
CREDITORS
Amounts falling due within one year
13
(2,525)
-
NET CURRENT ASSETS
105,865
2,490
TOTAL ASSETS LESS CURRENT
LIABILITIES
112,729
2,490
NET ASSETS
112,729
2,490
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS |
2020
Total
funds
£
6,864
1,322
109,558
110,880
(2,525)
108,355
115,219
115,219
112,729
2,490
115,219 |
2019
Total
funds
£
18,188
1,053
58,284
59,337
(2,421)
56,916
75,104
75,104
70,812
4,292
75,104 |
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
24 June 2021 and were signed on its behalf by:
M H J Smith - Trustee
The notes form part of these financial statements
Page 8
Norwich Youth for Christ
Notes to the Financial Statements for the year ended 31 August 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Equipment- 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
When restricted funds are used to purchase equipment the cost is released to the general fund.
Pension costs and other post-retirement benefits
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's
pensionschemearechargedtotheStatementofFinancialActivitiesintheperiodtowhich they
relate.
continued...
Page 9
Norwich Youth for Christ
Notes to the Financial Statements - continued for the year ended 31 August 2020
2.
OTHER TRADING ACTIVITIES
Fundraising events
Preaching gift
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Raising donations and legacies
Fundraising costs and publicity
Support costs
5.
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 6)
£
Charitable Activities
-
Evangelism of young people
29,076
29,076
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Events and projects
Training, conferences and subscriptions
"Year Out" volunteers
Depreciation |
Grant
funding of
activities
(see note
7)
£
-
8,508
8,508 |
2020
£
2,716
270
2,986
2020
£
421
2020
£
80
6,353
6,433
Support
costs (see
note 8)
£
23,849
91,740
115,589
2020
£
9,653
2,303
3,197
13,923
29,076 |
2019
£
2,194
755
2,949
2019
£
342
2019
£
2,884
2,549
5,433
Totals
£
23,849
129,324 |
2019
£
2,194
755
2,949
2019
£
342
2019
£
2,884
2,549
5,433
Totals
£
23,849
129,324 |
2019
£
2,194
755 |
|
|
|
|
|
2,949 |
|
|
|
|
|
2019
£
342 |
|
|
|
|
|
2019
£
2,884
2,549 |
|
|
|
|
|
5,433 |
|
|
|
153,173 |
|
|
|
|
|
|
2019
£
11,528
5,161
1,065
14,421 |
|
|
|
|
|
32,175 |
|
continued...
Page 10
Norwich Youth for Christ
Notes to the Financial Statements - continued
for the year ended 31 August 2020
7. GRANTS PAYABLE
2020
£
Evangelism of young people
8,508
The total grants paid to institutions during the year was as
follows:
2020
£
Charitable organisations
8,508
SUPPORT COSTS
Governance
Other
costs
£
£
Raising donations and legacies
6,353
-
Charitable Activities
22,409
1,440
Evangelism of young people
91,728
12
120,490
1,452
Support costs, included in the above, are as follows:
2020
Raising
donations
Evangelism
and
Charitable
of young
Total
legacies
Activities
people
activities
£
£
£
£
Wages
5,971
19,138
58,572
83,681
Social security
83
615
13,179
13,877
Pensions
299
957
4,664
5,920
Rent , rates and
insurance
-
833
7,494
8,327
Telephone, computer
and internet
-
266
2,420
2,686
Office costs
-
600
5,399
5,999
Bank charges
-
-
12
12
Accountancy and legal
fees
-
1,440
-
1,440
6,353
23,849
91,740
121,942 |
2019
£
9,843
2019
£
9,843
Totals
£
6,353
23,849
91,740 |
2019
£
9,843 |
|
|
2019
£
9,843 |
|
121,942 |
|
|
2019
Total
activities
£
91,040
12,635
5,867
7,505
2,934
6,494
12
1,440 |
|
|
127,927 |
|
8. SUPPORT COSTS
9. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31August2020nor for
the year ended 31 August 2019.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31August2020norfortheyear ended
31 August 2019.
continued...
Page 11
Norwich Youth for Christ
Notes to the Financial Statements - continued
for the year ended 31 August 2020
10. STAFF COSTS
The average monthly number of employees during the year was as follows:
Full time
Part time
No employees received emoluments in excess of £60,000.
11.
TANGIBLE FIXED ASSETS
COST
At 1 September 2019
Additions
At 31 August 2020
DEPRECIATION
At 1 September 2019
Charge for year
At 31 August 2020
NET BOOK VALUE
At 31 August 2020
At 31 August 2019
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors |
|
2020
2019
2
3
8
6
10
9
Equipment
£
84,514
2,599
87,113
66,326
13,923
80,249
6,864
18,188
2020
2019
£
£
1,322
1,053
2020
2019
£
£
2,525
2,421 |
2020
2019
2
3
8
6
10
9
Equipment
£
84,514
2,599
87,113
66,326
13,923
80,249
6,864
18,188
2020
2019
£
£
1,322
1,053
2020
2019
£
£
2,525
2,421 |
2020
2019
2
3
8
6
10
9
Equipment
£
84,514
2,599
87,113
66,326
13,923
80,249
6,864
18,188
2020
2019
£
£
1,322
1,053
2020
2019
£
£
2,525
2,421 |
|
|
|
|
|
|
|
|
|
|
|
|
|
87,113 |
|
|
|
|
66,326
13,923 |
|
|
|
|
80,249 |
|
|
|
|
6,864 |
|
|
|
|
18,188 |
|
|
|
|
|
2019
£
1,053 |
|
|
|
|
2019
£
2,421 |
continued...
Page 12
Norwich Youth for Christ
Notes to the Financial Statements - continued for the year ended 31 August 2020
14. MOVEMENT IN FUNDS
Net
movement
At 1.9.19
in funds
£
£
Unrestricted funds
General fund
19,760
38,904
Legacy (Designated)
51,052
414
70,812
39,318
Restricted funds
Mission Academy
2,454
-
Tracks
1,838
797
4,292
797
TOTAL FUNDS
75,104
40,115
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
197,027
Legacy (Designated)
414
197,441
Restricted funds
Tracks
2,280
TOTAL FUNDS
199,721
Comparatives for movement in funds
Net
movement
At 1.9.18
in funds
£
£
Unrestricted funds
General fund
33,981
(30,496)
Legacy (Designated)
65,710
342
99,691
(30,154)
Restricted funds
Gospel Choir
900
375
Mission Academy
3,954
(1,500)
Tracks
1,393
445
Alternative Education
2,225
(2,225)
8,472
(2,905)
TOTAL FUNDS
108,163
(33,059) |
Transfers
between
funds
At 31.8.20
£
£
10,599
69,263
(8,000)
43,466
2,599
112,729
-
2,454
(2,599)
36
(2,599)
2,490
-
115,219
Resources
Movement
expended
in funds
£
£
(158,123)
38,904
-
414
(158,123)
39,318
(1,483)
797
(159,606)
40,115
Transfers
between
funds
At 31.8.19
£
£
16,275
19,760
(15,000)
51,052
1,275
70,812
(1,275)
-
-
2,454
-
1,838
-
-
(1,275)
4,292
-
75,104 |
Transfers
between
funds
At 31.8.20
£
£
10,599
69,263
(8,000)
43,466
2,599
112,729
-
2,454
(2,599)
36
(2,599)
2,490
-
115,219
Resources
Movement
expended
in funds
£
£
(158,123)
38,904
-
414
(158,123)
39,318
(1,483)
797
(159,606)
40,115
Transfers
between
funds
At 31.8.19
£
£
16,275
19,760
(15,000)
51,052
1,275
70,812
(1,275)
-
-
2,454
-
1,838
-
-
(1,275)
4,292
-
75,104 |
|
|
|
|
|
70,812
-
2,454
1,838
- |
|
|
4,292 |
|
|
75,104 |
continued...
Page 13
Norwich Youth for Christ
Notes to the Financial Statements - continued
for the year ended 31 August 2020
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Legacy (Designated)
Restricted funds
Gospel Choir
Mission Academy
Tracks
Alternative Education
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
134,802
(165,298)
(30,496)
342
-
342
135,144
(165,298)
(30,154)
375
-
375
-
(1,500)
(1,500)
2,057
(1,612)
445
2,194
(4,419)
(2,225)
4,626
(7,531)
(2,905)
139,770
(172,829)
(33,059) |
|
|
A current year 12 months and prior year 12 months combined position is as follows:
|
|
Net |
Transfers |
|
|
|
movement |
between |
|
|
At 1.9.18 |
in funds |
funds |
At 31.8.20 |
|
£ |
£ |
£ |
£ |
Unrestricted funds |
|
|
|
|
General fund |
33,981 |
8,408 |
26,874 |
69,263 |
Legacy (Designated) |
65,710 |
756 |
(23,000) |
43,466 |
|
99,691 |
9,164 |
3,874 |
112,729 |
Restricted funds |
|
|
|
|
Gospel Choir |
900 |
375 |
(1,275) |
- |
Mission Academy |
3,954 |
(1,500) |
- |
2,454 |
Tracks |
1,393 |
1,242 |
(2,599) |
36 |
Alternative Education |
2,225 |
(2,225) |
- |
- |
|
8,472 |
(2,108) |
(3,874) |
2,490 |
TOTAL FUNDS |
108,163 |
7,056 |
- |
115,219 |
continued...
Page 14
Norwich Youth for Christ
Notes to the Financial Statements - continued
for the year ended 31 August 2020
14. MOVEMENT IN FUNDS - continued
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Legacy (Designated)
Restricted funds
Gospel Choir
Mission Academy
Tracks
Alternative Education
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
331,829
(323,421)
8,408
756
-
756
332,585
(323,421)
9,164
375
-
375
-
(1,500)
(1,500)
4,337
(3,095)
1,242
2,194
(4,419)
(2,225)
6,906
(9,014)
(2,108)
339,491
(332,435)
7,056 |
|
|
Transfers between funds
Thelegacyreceivedin2014/15hasbeendesignatedforthedeliveryofspecialprojects and
reserves.Wherethereisadeficitingeneralfundstransfersaremadefromthelegacymoney to
cover running costs.
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2020.
Page 15