**Charity registration number 1071019**
## **NORWICH YOUTH FOR CHRIST**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **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|
|**Principal address**|City Gates Centre|
||39 Cowgate|
||NORWICH|
||Norfolk|
||United Kingdom|
||NR3 1SZ|
|**Independent examiner**|Argents Accountants Limited|
||15 Palace Street|
||NORWICH|
||Norfolk|
||United Kingdom|
||NR3 1RT|
## **NORWICH YOUTH FOR CHRIST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 18|
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
The trustees present their annual report and financial statements for the year ended 31 August 2022.
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
There 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 Tania Colley - from May 2022
We had one gap year student volunteer with us for the year. We are grateful for his 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 2022**_
## **Achievements and performance**
## **Development, activities and achievements**
This has been a year of rebuilding our face-to-face youth work after the disruption of lockdown and Covid restrictions. It has especially been our work in schools that has suffered with many schools cautious about visitors. Across all our projects, our attendances were relatively low compared to previous years. However, by May 2022, more plans and projects were in the pipeline with confidence in face-to-face work beginning to return. Meanwhile, we have continued to deliver digital means of engaging with young people, some of which was started during lockdown.
## **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:
Following on from last year, when schools were cautious with letting visitors in the building as part of their COVID restriction plans, we were given permission to run a lunchtime club in Sewell Park Academy, and have been able to support a lunchtime club in Hellesdon High school.
We have also been able to resume our lunch club at Framingham High School and our presence continues in Thurton Primary, Rockland and Surlingham Primary schools, taking assemblies and running lunch clubs.
We recorded another Christmas Assembly which was used by a number of schools.
Boost - our alternative education project - had low numbers with only 2 referrals throughout the year. The lead worker resigned in January (although continued to work for us in other areas) and it gave the trustees an opportunity to re-evaluate the project. Recognising the need still remains, we created a new Education Manager post, looking for someone with more experience to take this project forward. We welcomed Tania to the team in May 2022.
## Music & Media:
The Jam finished their song ‘Escape Artist’ in July and also got some airplay on radio Norfolk. We released their music on Spotify on 13th October. They also completed their song, “Things That We Learnt Last Year” which has had over 200 views on YouTube. We had around 30 people attending the Big Christmas Jam which showcased some of our latest content including the Minecraft nativity, young person’s vlog, The Jam’s song and some Christmas carols. We also ran the Alpha course with our Jam young people which encouraged great faith discussions..
We decided to keep Encounter as an online event only during the winter/spring months as it felt like there was too much unknown about the prospect of further lockdowns. We were excited to host our first live inperson Encounter on 1st April. Both online and in-person events covered a series on the History of Jesus.
YouTube growth slowed as we created less content this year, however, as mentioned we continued with Encounter Online, and other content, including, the Jam’s song, our Christmas assembly, Minecraft nativity made by the gaming group and a young person’s vlog about a youth club. Across the year this equated to 25,314 views and an increase of 29 subscribers.
- 2 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
Tracks was able to start making tracks again and visited a number of places. It was part of the Sprowston Methodist Church Fun Day in September, where they provided the outdoor music and PA. Tracks recorded a service at Stoke Holy Cross as part of their youthwork launch event and followed this up with weekly visits to help Gary establish a youth club. Tracks had a booking with Marham Cherrytree Academy on Monday 15th November and it also helped St Thomas Norwich record some Christmas folk songs. Tracks has recently visited youth groups at Oak Grove, Great Yarmouth and Stoke and once again was available to run workshops at our summer camp in August 2022.
We have continued to grow our Gaming streams and have seen our Twitch followers grow from 30 to 102 followers. Streams include gaming, friendship building and bible discussions through our ‘Verse of the Stream’, a short bible verse explanation. Young people have also joined as moderators, helping to keep the discussions positive and new followers engaged. We also gained ‘Affiliate’ status which means we can generate a small income through monetisation of streams via ads and subscriptions. Our server on social media app Discord has grown from 27 members to 42. This server encourages relationship-building and faith questions.
## Partnerships:
We have continued our partnership projects with Poringland and Framingham Earl Churches Together (P&FECT) and Bramerton Churches Together (BYRUS). Following our Youth work training with Stoke Holy Cross Parish church last year, we have been able to help launch a youth club. Gary has now taken on 4 extra hours a week to work with Stoke Holy Cross on this project and we are thrilled to see the project growing and engaging with a good number of young people every week. The youth club at Together Loving Christ also continues to grow steadily as we continue to support this project too.
We also partnered with Norwich Central Baptist Church to run a weekly youth club in our building at Mousehold hub. Mousehold Youth club was run by Abi. It has been valuable for the small number of young people attending, but we have struggled to see consistent numbers or growth.
We also partnered with Essex Community Development Peer Mentoring Project, supporting their delivery of peer mentoring in various high schools including Open, Sprowston, Thorpe, Hellesdon and CNS.
## Resourcing Others:
We hosted an online Global Leadership Summit on November 12th. Despite the wide margin for technical difficulties, the event went without a hitch and we had 213 people booked in. This conference continues to bring high quality, world class, influential teaching which inspires and helps develop our team as well as the delegates booked in. We love being able to host this knowing the impact it has.
We were invited back once again to run the youth work at a Relational Mission church gathering at Kings.
This year we ran our second summer Encounter Camp, with 40 young people booked on, alongside Integrate and North Breckland Youth for Christ. Matt Ashpole was the speaker. It was another brilliant camp with many positive stories.
In October 2021, we took on the governance and oversight of East Norfolk Youth for Christ. This was an unexpected decision but following some discussions with the trustees of East Norfolk, it was looking likely that they would close down unless someone could fulfil the role of trusteeship. Our trustees have generously offered to provide intermediate oversight while we find new trustees. East Norfolk Youth for Christ continues to exist as a separate charity but shares some of our resources.
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).
- 3 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
Other Developments:
Our national staff conference in January 2022 was cancelled at the last minute due to Covid concerns at the hotel. Instead, the conference was streamed as an online day and we hosted a watch party at Mousehold Hub for other centres which included a cooked breakfast. We had 22 people across 7 centres attend.
Unfortunately in August we were given our notice to move our offices. Norwich Central Baptist Church informed us that the Hub is no longer sustainable for them, partly impacted by Covid which shut the cafe and partly because there are other unexpected costs attached to the building. As a result, the building will pass back to the Baptist Union who do not wish to have tenants. We, therefore, have until the end of the year to find alternative office space.
## **Financial review**
## **Financial position**
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. We ran another 24 hour GAMEATHON, and raised approximately £2,000 which we were pleased about. This year we invited young people to join us. We had 13 young people involved, streaming and playing games together to help raise funds.
We have been enjoying the safety net of savings to cover the deficit in our budget over the last couple of years however, we are aware these funds are decreasing and therefore, we continue to look for new supporters to add to our giving team to make sure our work is sustainable in the future. We 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
## **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.
- 4 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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' report was approved by the Board of Trustees.
M H J Smith
**Trustee**
27 April 2023
- 5 -
## **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 2022.
## **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: 3 May 2023
- 6 -
## **NORWICH YOUTH FOR CHRIST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
90,535
-
Charitable activities
**4**
30,381
-
Other trading activities
**5**
2,782
-
Investments
**6**
31
-
Other income
**7**
192
-
**Total income**
123,921
-
**Expenditure on:**
Raising funds
**8**
2,538
-
Charitable activities
**9**
146,355
36
**Total expenditure**
148,893
36
**Net outgoing resources**
**before transfers**
(24,972)
(36)
Gross transfers between
funds
809
(809)
**Net expenditure for the year/**
**Net movement in funds**
(24,163)
(845)
Fund balances at 1 September
2021
100,969
3,299
**Fund balances at 31 August**
**2022**
76,806
2,454|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
90,535
105,937
3,000
30,381
22,440
-
2,782
2,905
-
31
130
-
192
170
-
123,921
131,582
3,000
2,538
2,542
-
146,391
142,491
500
148,929
145,033
500
(25,008)
(13,451)
2,500
-
1,691
(1,691)
(25,008)
(11,760)
809
104,268
112,729
2,490
79,260
100,969
3,299|**Total**
**2021**
**£**
108,937
22,440
2,905
130
170
134,582
2,542
142,991
145,533
(10,951)
-
(10,951)
115,219
104,268|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 7 -
## **NORWICH YOUTH FOR CHRIST**
## **BALANCE SHEET**
## _**AS AT 31 AUGUST 2022**_
|**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|**2022**
**£**
1,749
75,934
77,683
(3,863)
124
76,682|**£**
5,440
73,820
79,260
2,454
76,806
79,260|**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|
The financial statements were approved by the Trustees on 27 April 2023
M H J Smith **Trustee**
- 8 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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 amounts 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.
- 9 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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.
- 10 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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 payments 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.
- 11 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **3 Donations and legacies**
|||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||**funds**|**funds**||funds|funds||
|||**2022**|**2022**|**2022**|2021|2021|2021|
|||**£**|**£**|**£**|£|£|£|
||Donations and gifts|82,558|-|82,558|85,423|-|85,423|
||Legacies receivable|7,677|-|7,677|12,525|-|12,525|
||Grants|300|-|300|7,989|3,000|10,989|
|||90,535|-|90,535|105,937|3,000|108,937|
||**Grants receivable for**|||||||
||**core activities**|||||||
||Job retention scheme|||||||
||grant|-|-|-|7,989|-|7,989|
||Anne French Memorial|||||||
||Trust|-|-|-|-|2,500|2,500|
||Other|300|-|300|-|500|500|
|||300|-|300|7,989|3,000|10,989|
|**4**|**Charitable activities**|||||||
|||||**Core activities**|**Total**|Core activities|Total|
|||||**2022**|**2022**|2021|2021|
|||||**£**|**£**|£|£|
||Project income|||30,381|30,381|22,440|22,440|
|**5**|**Other trading activities**|||||||
|||||||**Unrestricted**|Unrestricted|
|||||||**funds**|funds|
|||||||**2022**|2021|
|||||||**£**|£|
||Fundraising events|||||2,782|2,905|
- 12 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 AUGUST 2022**_
**6 Investments**
|**7**
**8**|Interest receivable
**Other income**
**Unrestricted**
**funds**
**2022**
**£**
Other income
192
**Raising funds**
Fundraising and publicity
Seeking donations, grants and legacies
Support costs|**Unrestricted**
Unrestricted
**funds**
funds
**2022**
2021
**£**
£
31
130
**Total**
Unrestricted
Total
funds
**2022**
2021
2021
**£**
£
£
192
170
170
**Unrestricted**
Unrestricted
**funds**
funds
**2022**
2021
**£**
£
96
58
2,442
2,484
2,538
2,542|**Unrestricted**
Unrestricted
**funds**
funds
**2022**
2021
**£**
£
31
130
**Total**
Unrestricted
Total
funds
**2022**
2021
2021
**£**
£
£
192
170
170
**Unrestricted**
Unrestricted
**funds**
funds
**2022**
2021
**£**
£
96
58
2,442
2,484
2,538
2,542|
|---|---|---|---|
||||2,542|
- 13 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **9 Charitable activities**
|**Core**
**activities**
**Evangelism**
**of young**
**people**
**Total**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Depreciation and
impairment
-
1,826
1,826
Events and projects
-
6,498
6,498
Training, conferences and
subscriptions
-
2,896
2,896
"Year Out" volunteers
-
1,185
1,185
-
12,405
12,405
Grant funding of activities
(see note 10)
-
11,258
11,258
Share of support costs (see
note 11)
24,567
96,523
121,090
Share of governance costs
(see note 11)
1,638
-
1,638
26,205
120,186
146,391
**Analysis by fund**
Unrestricted funds
26,205
120,150
146,355
Restricted funds
-
36
36
26,205
120,186
146,391
**Grants payable**
**Evangelism**
**of young**
**people**
**2022**
**£**
Charitable organisations
11,258|Core
activities
Evangelism
of young
people
2021
2021
£
£
-
4,543
-
5,387
-
1,594
-
3,120
-
14,644
-
12,508
20,340
94,059
1,440
-
21,780
121,211
21,780
120,711
-
500
21,780
121,211
**Total**
**2022**
Evangelism
of young
people
2021
**£**
£
11,258
12,508|Total
2021
£
4,543
5,387
1,594
3,120|
|---|---|---|
|||14,644
12,508
114,399
1,440|
|||142,991|
|||142,491
500|
|||142,991|
|||Total
2021
£
12,508|
## **10 Grants payable**
- 14 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**11**
**Support costs**
Staff costs
Rent, rates and
insurance
Telephone, computer and
internet
Office costs
Bank charges
Audit fees
Analysed between
Fundraising
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
105,747
-
8,432
-
2,579
-
6,715
-
59
-
-
1,638
123,532
1,638
2,442
-
121,090
1,638
123,532
1,638|**2022**
**£**
105,747
8,432
2,579
6,715
59
1,638
125,170
2,442
122,728
125,170|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
99,874
-
8,376
-
2,586
-
6,035
-
12
-
-
1,440
116,883
1,440
2,484
-
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|
## **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
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2022**
**Number**
2
6
8
**2022**
**£**
83,936
14,462
7,349
105,747|**2021**
**Number**
2
4|
|---|---|---|
|||6|
|||**2021**
**£**
79,662
13,353
6,859|
|||99,874|
- 15 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**13**
**Employees**
There were no employees whose annual remuneration was more than £60,000.
**14**
**Tangible fixed assets**
**Cost**
At 1 September 2021
Additions
At 31 August 2022
**Depreciation and impairment**
At 1 September 2021
Depreciation charged in the year
At 31 August 2022
**Carrying amount**
At 31 August 2022
At 31 August 2021
**15**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**16**
**Creditors: amounts falling due within one year**
Trade creditors
Accruals and deferred income|**(Continued)**
**Plant and equipment**
**£**
90,586
1,472
92,058
84,792
1,826
86,618
5,440
5,794
**2022**
**2021**
**£**
**£**
1,749
2,847
**2022**
**2021**
**£**
**£**
970
-
2,893
2,745
3,863
2,745|**(Continued)**
**Plant and equipment**
**£**
90,586
1,472
92,058
84,792
1,826
86,618
5,440
5,794
**2022**
**2021**
**£**
**£**
1,749
2,847
**2022**
**2021**
**£**
**£**
970
-
2,893
2,745
3,863
2,745|
|---|---|---|
|||92,058|
|||84,792
1,826|
|||86,618|
|||5,440|
|||5,794|
|||**2021**
**£**
2,847|
|||**2021**
**£**
-
2,745|
|||2,745|
## **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 £7,349 (2021 - £6,859).
- 16 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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**||||||
|---|---|---|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|**Resources**|**Transfers**|**Balance at**|
||**1 September**|**resources**|**expended**||**1 September**|**expended**||**31 August**|
||**2020**||||**2021**|||**2022**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Mission Academy|2,454|-|-|-|2,454|-|-|2,454|
|Tracks|36|-|-|-|36|(36)|-|-|
|Media|-|2,500|-|(1,691)|809|-|(809)|-|
|Summer camp|-|500|(500)|-|-|-|-|-|
||2,490|3,000|(500)|(1,691)|3,299|(36)|(809)|2,454|
- 17 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **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**||**Movement**||
|---|---|---|---|---|---|---|---|
|||||**in funds**||**in funds**||
||||**Balance at**|**Incoming**|
**Balance at**|**Incoming**|**Balance at**|
||||**1 September**|**resources**|**1 September**|**resources**|**31 August**|
||||**2020**||**2021**||**2022**|
||||**£**|**£**|**£**|**£**|**£**|
||Legacy||43,466|124|124|-|124|
||||43,466|124|124|-|124|
|**20**|**Analysis of net assets between funds**|||||||
|||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|||**funds**|**funds**||funds|funds||
|||**2022**|**2022**|**2022**|2021|2021|2021|
|||**£**|**£**|**£**|£|£|£|
||Fund balances at 31|||||||
||August 2022 are|||||||
||represented by:|||||||
||Tangible assets|5,440|-|5,440|5,794|-|5,794|
||Current assets/(liabilities)|71,366|2,454|73,820|95,175|3,299|98,474|
|||76,806|2,454|79,260|100,969|3,299|104,268|
## **21 Related party transactions**
There were no disclosable related party transactions during the year (2021 - none).
- 18 -