**Charity Registration No. 1071019**
## **NORWICH YOUTH FOR CHRIST**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2021**
## **NORWICH YOUTH FOR CHRIST**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
M H J Smith R Lynds D Gyton S Knights M Mills C Poole
**Charity number** 1071019 **Independent examiner** Argents Accountants Limited 15 Palace Street NORWICH Norfolk United Kingdom NR3 1RT
## **NORWICH YOUTH FOR CHRIST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 18|
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2021**
The trustees present their annual report and financial statements for the year ended 31 August 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) " (effective 1 January 2019 ).
## **Objectives and activities**
Constitution, objects and policies
Norwich Youth for Christ (NYFC) is constituted by Trust Deed. Its purpose is to evangelise young people in Norwich and surrounding areas, and to equip others for evangelism of young people.
Its policy is to achieve this purpose via a series of designated works and projects in places where young people naturally come together: schools, youth groups, etc. giving as many young people as possible the opportunity to hear the Gospel and develop in their faith.
Norwich Youth for Christ is affiliated to British Youth for Christ and shares the aim of communicating and demonstrating the Christian faith. In all of our work with young people we use what we call the four 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
T here has been no change in these during the year.
## **Public benefit**
The trustees have considered the Charity Commission's guidance on public benefit and the advancement of religion when reviewing the Trust's aims and objectives and in reviewing existing activities and planning future activities.
## **Staff and volunteers**
The trustees continue to be grateful to the staff for their hard work and commitment and dedication to the mission.
The staff team this year comprised of: Nick Blanch Fliss Jones Ben Lawrence Abi Walter Browne Gary Watson Tom Tarbuck
We had two gap year students volunteer with us for the year as well as an Intern for the year. We are grateful for their dedication, commitment and enthusiasm during this year.
Much of the work is supported by volunteers and we are grateful to all of them for their support and enthusiasm.
- 1 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Achievements and performance**
## **Development, activities and achievements**
It has been another year of disruption, putting plans on hold and reorganising our work due to different restrictions being in place at various time as a result of the Pandemic, but we have also seen significant growth in some areas of our work, and taken every opportunity that comes our way to connect with young people.
## **PRIORITIES**
In line with our current strategy, Norwich Youth for Christ continues to work against 4 main priorities. (There is overlap in where some of our projects fit). These are:
- Schools work
- Music & Media
- Partnerships
- Resourcing others
## Schools work:
Much of our face to face schools work stopped during this year as schools were advised to be cautious and did not invite visitors in or the country was in lockdown. We were able to record a Christmas Assembly which was shown in several schools in Christmas 2020.
However, our Alternative Education project, Boost, was able to continue running during this year. For the first 6 months of the year we had two students. This followed with two months with one student, but we then ended the year with 5 students.
We anticipate there will be higher demand for this service in the future as a result of schools closing through lockdown.
## Music & Media:
Most energy has been put into our online work, in particular YouTube. Here we continued to produce online worship events (Encounter) with many young people tuning in live to engage and chat. We had a number of high profile speakers from across the UK and churches have been appreciative of the content. We also made vlogs, gaming videos and challenges. Over the course of the year, we had over 31,000 views and 126 additional subscribers. This was 11,000 more views and nearly double the increase of subscribers than the year before.
Our gaming clubs have seen some serious development, utilising the social media platform Discord to create a stronger community where young people chat and support each other. As a more specialised part of our media work, we transferred our gaming livestreams to Twitch in a bid to reach more young people. This has been a successful move, already seeing strong growth in numbers engaging with us.
Tracks – Our mobile recording studio was unable to be used for most of the year. However, we were able to use it on the odd occasion to record young people making music for our online Youth Service – Encounter. Tracks was also able to make an outing at the end of the summer holidays to our Encounter Summer Camp where it was used to make a backing track for a short film that was produced at the camp, and record some budding artists. Tom, our Tracks Youth worker continued to assist with our online work, be part of the Boost team and help produce our online Youth Service.
The Jam – (Our music and media club) – met up online when that was the advice but were keen to meet up in person following the appropriate guidelines and restrictions when they were able. They produced a couple of music videos of songs they had written which were released at Christmas and Easter. This club continues to be a safe, creative and supportive place for young people to grow.
- 2 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## Partnerships:
We have continued our partnership projects with Poringland and Framingham Earl Churches Together (P&FECT) and Bramerton Churches Together (BYRUS). We also delivered some online youth work training to Stoke Holy Cross Parish church as a starting point for them to build greater engagement with young people in their area. This became a precursor to a formal partnership with them to employ a youth worker through ourselves. In April 2021, we started a youth club in partnership with Together Loving Christ. This was the church we helped train the year before but COVID halted launch plans. Attendance has been small but steadily growing and the engagement has been positive.
## Resourcing Others:
At the end of the year, at the end of the Summer Holidays, we ran our first Encounter Summer Camp in partnership with Integrate Youth for Christ. The camp was a huge success, gathering a number of young people who were engaged in various projects we had run throughout the year. We were joined by Thea Smith from National Youth for Christ who delivered the talk in our main evening sessions. We had lots of fun doing crazy games, eating great food, exploring faith and current issues, enjoying the beautiful beach and surrounding and having great conversations with the young people. There was plenty of time to invest in the relationships with the young people. We are looking forward to next year.
Norwich Youth for Christ continues to support and be a part of initiatives across the city including Transforming Norwich. (an expression of Churches Together across Greater Norwich).
## **Financial review**
## **Financial position**
We remain in a good financial position this year. Our regular giving dropped very slightly, but was relatively unchanged and an unexpected legacy gift helped to lessen the deficit we were expecting this year from our planned budget. Our successful fundraising event, a 24 hour GAMEATHON, raised almost £3,000 which we were really pleased about.
We continued to claim under the Government Job Retention Scheme to help cover staff salaries for those that needed to be furloughed.
We continue to look for new supporters to add to our giving team and are very thankful for the faithful support from those that give regularly
## **Reserves policy**
To avoid closure due to financial difficulty the trustees have agreed to keep a certain level of financial reserves to ensure that main operations can continue for a period of at least 3 months. We estimate this to be £23,000.
## **Structure, governance and management**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The trustees who served during the year and up to the date of signature of the financial statements were: M H J Smith
R Lynds D Gyton S Knights M Mills C Poole
- 3 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Recruitment and appointment of new trustees**
Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of existing trustees.
## **Induction and training of new trustees**
We are still looking to recruit new Trustees. New Trustees are invited to attend a meeting of Trustees and to meet the Director and the staff team before appointment.
We recognise the importance of ongoing development of Trustees and their confidence and ability in fulfilling their roles and responsibilities. With this in mind we will be seeking opportunities for training and development of the Trustees in their roles.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees are a small group working closely with the director and staff who continue to monitor the risks facing the charity.
The trustees' r eport was approved by the Board of Trustees.
M H J Smith **Trustee**
9 May 2022
- 4 -
## **NORWICH YOUTH FOR CHRIST**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF NORWICH YOUTH FOR CHRIST**
I report to the trustees on my examination of the financial statements of Norwich Youth for Christ (the charity) for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention 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 charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Mark Johnstone FCA**
## **Argents Accountants Limited**
15 Palace Street NORWICH Norfolk NR3 1RT United Kingdom
Dated: 17 May 2022
- 5 -
## **NORWICH YOUTH FOR CHRIST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
105,937
3,000
Charitable activities
**4**
22,440
-
Other trading activities
**5**
2,905
-
Investments
**6**
130
-
Other income
**7**
170
-
**Total income**
131,582
3,000
**Expenditure on:**
Raising funds
**8**
2,542
-
Charitable activities
**9**
142,491
500
**Total resources expended**
145,033
500
**Net (outgoing)/incoming**
**resources before transfers**
(13,451)
2,500
Gross transfers
between funds
1,691
(1,691)
**Net (expenditure)/income**
**for the year/**
**Net movement in funds**
(11,760)
809
Fund balances at 1
September 2020
112,729
2,490
**Fund balances at 31 August**
**2021**
100,969
3,299|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2020**
**2020**
**£**
**£**
**£**
108,937
160,305
2,000
22,440
32,893
280
2,905
2,716
-
130
421
-
170
1,106
-
134,582
197,441
2,280
2,542
6,433
-
142,991
151,690
1,483
145,533
158,123
1,483
(10,951)
39,318
797
-
2,599
(2,599)
(10,951)
41,917
(1,802)
115,219
70,812
4,292
104,268
112,729
2,490|**Total**
**2020**
**£**
162,305
33,173
2,716
421
1,106
199,721
6,433
153,173
159,606
40,115
-
40,115
75,104
115,219|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **NORWICH YOUTH FOR CHRIST**
## **BALANCE SHEET**
## **AS AT 31 AUGUST 2021**
|**Notes**
**Fixed assets**
Tangible assets
**14**
**Current assets**
Debtors
**15**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**16**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**18**
Unrestricted funds
Designated funds
**19**
General unrestricted funds|**2021**
**£**
2,847
98,372
101,219
(2,745)
43,590
57,379|**£**
5,794
98,474
104,268
3,299
100,969
104,268|**2020**
**£**
1,322
109,558
110,880
(2,525)
43,466
69,263|**£**
6,864
108,355
115,219
2,490
112,729
115,219|
|---|---|---|---|---|
The financial statements were approved by the Trustees on 9 May 2022
M H J Smith **Trustee**
- 7 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **1 Accounting policies**
## **Charity information**
Norwich Youth for Christ constitutes an unincorporated charity controlled by its governing document, a deed of trust .
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
- 8 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **1 Accounting policies**
**(Continued)**
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 9 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **1 Accounting policies**
## **(Continued)**
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
- The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 10 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Donations and gifts
85,423
-
Legacies receivable
12,525
-
Grants
7,989
3,000
105,937
3,000
**Grants receivable for**
**core activities**
Job retention scheme
grant
7,989
-
Anne French Memorial
Trust
-
2,500
Other
-
500
7,989
3,000|**Total**Unrestricted
Restricted
funds
funds
**2021**
2020
2020
**£**
£
£
85,423
143,418
2,000
12,525
6,763
-
10,989
10,124
-
108,937
160,305
2,000
7,989
10,124
-
2,500
-
-
500
-
-
10,989
10,124
-|Total
2020
£
145,418
6,763
10,124
162,305
10,124
-
-
10,124|
|---|---|---|
## **4 Charitable activities**
||**Core**|**Core**|
|---|---|---|
||**activities**|**activities**|
||**2021**|**2020**|
||**£**|**£**|
|Project income|22,440|33,173|
|Analysis by fund|||
|Unrestricted funds|22,440|32,893|
|Restricted funds|-|280|
- 11 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **5 Other trading activities**
|**6**
**7**
**8**|**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Fundraising events
2,905
2,716
**Investments**
**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Interest receivable
130
421
**Other income**
**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Other income
170
1,106
**Raising funds**
**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
Fundraising and publicity
Seeking donations, grants and legacies
58
80
Support costs
2,484
6,353
Fundraising and publicity
2,484
6,353
2,542
6,433|
|---|---|
- 12 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **9 Charitable activities**
|**Core**
**activities**
**Evangelism**
**of young**
**people**
**2021**
**2021**
**£**
**£**
Depreciation and
impairment
-
4,543
Events and projects
-
5,387
Training, conferences and
subscriptions
-
1,594
"Year Out" volunteers
-
3,120
-
14,644
Grant funding of activities
(see note 10)
-
12,508
Share of support costs
(see note 11)
20,340
94,059
Share of governance costs
(see note 11)
1,440
-
21,780
121,211
**Analysis by fund**
Unrestricted funds
21,780
120,711
Restricted funds
-
500
21,780
121,211|**Total**
**2021**
**Core**
**activities**
**Evangelism**
**of young**
**people**
**2020**
**2020**
**£**
**£**
**£**
4,543
-
13,923
5,387
-
9,653
1,594
-
2,303
3,120
-
3,197
14,644
-
29,076
12,508
-
8,508
114,399
22,409
91,740
1,440
1,440
-
142,991
23,849
129,324
142,491
23,849
127,841
500
-
1,483
142,991
23,849
129,324|**Total**
**2020**
**£**
13,923
9,653
2,303
3,197
29,076
8,508
114,149
1,440
153,173
151,690
1,483
153,173|
|---|---|---|
## **10 Grants payable**
||**Evangelism**|Evangelism|
|---|---|---|
||**of young**|of young|
||**people**|people|
||**2021**|2020|
||**£**|£|
|Grants to institutions:|||
|Charitable organisations|12,508|8,508|
-
- 13 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
|**11**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
99,874
-
Rent, rates and
insurance
8,376
-
Telephone, computer
and internet
2,586
-
Office costs
6,035
-
Bank charges
12
-
Audit fees
-
1,440
116,883
1,440
Analysed between
Fundraising
2,484
-
Charitable activities
114,399
1,440
116,883
1,440|**2021**
**£**
99,874
8,376
2,586
6,035
12
1,440
118,323
2,484
115,839
118,323|Support
costs
Governance
costs
£
£
103,478
-
8,327
-
2,686
-
5,999
-
12
-
-
1,440
120,502
1,440
6,353
-
114,149
1,440
120,502
1,440|2020
£
103,478
8,327
2,686
5,999
12
1,440
121,942
6,353
115,589
121,942|
|---|---|---|---|
## **12 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **13 Employees**
The average monthly number of employees during the year was:
|Full time
Part time
Total|**2021**
**Number**
2
4
6|**2020**
**Number**
2
8
10|
|---|---|---|
- 14 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
|**13**
**Employees**
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**(Continued)**
**2021**
**2020**
**£**
**£**
79,662
83,681
13,353
13,877
6,859
5,920
99,874
103,478|
|---|---|
There were no employees whose annual remuneration was more than £60,000.
## **14 Tangible fixed assets**
|**Cost**
At 1 September 2020
Additions
At 31 August 2021
**Depreciation and impairment**
At 1 September 2020
Depreciation charged in the year
At 31 August 2021
**Carrying amount**
At 31 August 2021
At 31 August 2020
**15**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**16**
**Creditors: amounts falling due within one year**
Accruals and deferred income|**Plant and equipment**
**£**
87,113
3,473
90,586
80,249
4,543
84,792
5,794
6,864
**2021**
**2020**
**£**
**£**
2,847
1,322
**2021**
**2020**
**£**
**£**
2,745
2,525|
|---|---|
- 15 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **17 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £6,859 (2020 - £5,920).
- 16 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2021**
## **18 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|
||**1 September**|**resources**|**expended**||**1 September**|**resources**|**expended**||**31 August**|
||**2019**||||**2020**||||**2021**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Mission Academy|2,454|-|-|-|2,454|-|-|-|2,454|
|Tracks|1,838|2,280|(1,483)|(2,599)|36|-|-|-|36|
|Media|-|-|-|-|-|2,500|-|(1,691)|809|
|Summer camp|-|-|-|-|-|500|(500)|-|-|
||4,292|2,280|(1,483)|(2,599)|2,490|3,000|(500)|(1,691)|3,299|
- 17 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **19 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|**Movement in**
**Balance at**
**1 September**
**2019**
**Incoming**
**resources**
**£**
**£**
Legacy
51,052
414
51,052
414
**20**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
Fund balances at 31
August 2021 are
represented by:
Tangible assets
5,794
-
Current assets/
(liabilities)
95,175
3,299
100,969
3,299|**funds**
**Movement**
**in funds**
**Transfers**
**Balance at**
**1 September**
**2020**
**Incoming**
**resources**
**Balance at**
**31 August**
**2021**
**£**
**£**
**£**
**£**
(8,000)
43,466
124
43,590
(8,000)
43,466
124
43,590
**Total**Unrestricted
funds
Restricted
funds
Total
**2021**
2020
2020
2020
**£**
£
£
£
5,794
6,864
-
6,864
98,474
105,865
2,490
108,355
104,268
112,729
2,490
115,219|
|---|---|
## **21 Related party transactions**
There were no disclosable related party transactions during the year (2020 - none) .
- 18 -