**Charity registration number 1071019**
## **NORWICH YOUTH FOR CHRIST**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **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 - 17|
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 AUGUST 2023**_
The trustees present their annual report and financial statements for the year ended 31 August 2023.
The trustees present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of 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 2015).
## **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
## **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 until 30[th] Sept 2022 Abi Walter Browne until 31[st] Dec 2022 Gary Watson Tom Tarbuck Tania Colley
We had two gap year students volunteer with us 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 2023**_
## **Achievements and performance Development, activities and achievements**
This year has seen much of our work return to normal following COVID disruptions. We have steadily engaged in more schools work and have been able to deliver regular lunch time clubs in several schools.
A lot of the year has been dominated by the need to move office. We were able to secure a new lease with Alive Church, who have let us rent their space on Cowgate in Norwich. Much of the first term was spent packing up and preparing for our move which eventually happened on 9[th] January 2023. This was followed by a period of time of unpacking and settling in to our new venue. We are grateful to Alive Church for the use of this venue which enables us to run our office work and give a great space to host Boost, our youth clubs, services and events.
This year saw a significant increase in the number of schools engaged with and in total we had 14,794 contact points with young people. This was over double the amount we had experienced the year before.
## **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:
We continued our work in Framingham High School, Sewell Park Academy and Hellesdon High School, delivering lunch time clubs. However, we have also established a lunch club in Taverham High School and partnered with Norwich Vineyard Church to run a lunch time group in Thorpe High School and provision of assemblies throughout the year..
Our presence also continues in Thurton Primary, Rockland and Surlingham Primary schools, taking
assemblies and running lunch clubs.
Boost – Our Alternative Education project has been much more successful this year. We have had 11 students over the year and we were at full capacity by the end of the year. We believe we have been able to make a difference in all of these young people’s lives by giving them the space to learn, be listened to and develop their social skills and work on their challenging behaviour. Boost now has regular referrals from local high schools as they recognise this provision.
## Music & Media:
Ben left our employment this year, which has resulted in a stronger focus on music at the Jam rather than media. The Jam have taken responsibility for planning the Encounter youth service, which has returned to being an in-person event and no longer online. As well as preparing for Encounter youth service, the Jam have spent their time forming a band and practising songs for the service, and song writing.
It’s been wonderful to see Encounter youth service regularly well attended by approximately 40 - 60 young people coming from churches across Norfolk. Encounter gives the opportunity for young people to worship Jesus, hear a faith talk to inspire and challenge them to grow in their faith as well as offering a chance to make a decision to follow Jesus. It also includes a youth cafe, with games and tuck and therefore encourages relationships with different youth groups.
- 2 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
YouTube growth has continued to slow down without a content creator role, however we continued to upload relevant video edits from our gaming streams and digital school assemblies. Across the year this equated to 16,179 views and an increase of 32 subscribers.
Tracks, our mobile recording studio, has had regular visits to youth groups at Oak Grove, Hunstanton and Stoke Holy Cross this year, as well as our summer camp at Sizewell. It has also been used alongside our Boost project to add a music and tech learning option. It is a brilliant resource and a project we want to continue to grow to see it used to its full potential.
We have continued to grow our Gaming streams and have seen our Twitch followers grow from 102 to 169. 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 have maintained ‘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 continued and encourages relationship-building and faith questions.
## Partnerships:
We have continued with our partnership projects with Poringland and Framingham Earl Churches Together (P&FECT) and Bramerton Churches Together (BYRUS) as well as Stoke Holy Cross Parish Church where the new youth club continues to grow. We are also still supporting the youth work at Together Loving Christ.
We have partnered with Thurton Primary School to regularly have a weekly presence in that school in the form of assemblies, prayer spaces, and lunch time clubs.
We also started a new partnership with Harford Youth Project which meets at Ipswich Road United Reformed Church where we support their weekly youth club.
The club we ran at our building at Mousehold Hub did not restart following the summer holidays.
## Resourcing Others:
We returned to hosting the Global Leadership Summit in person again in November this year. We used The Kings Centre in Norwich as our venue and welcomed approx 50 delegates from various churches and organisations. It was a pleasure to be able to run this insightful and impactful event and hope that many benefited from the world class teaching.
We were also invited to run the youth work again at a Relational Mission Church gathering at Kings in November encouraging the young people in the area of evangelism.
We ran our third summer Encounter Camp in partnership with Integrate, North Breckland and East Norfolk Youth for Christ. It sold out within a couple of weeks of bookings opening. Andy and Joy Clark were our speakers and it continues to be a highlight of the year as we see young people take big steps forward on their journey of faith, some making first time commitments to follow Jesus and others, going deeper in their faith. Lots of fun and games were also added to the mix.
We continue to have oversight of East Norfolk Youth for Christ, but we are actively seeking new Trustees with a view to handing the governance over to them next year.
We also continue 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 2023**_
Other Developments:
Our National staff conference went ahead this year in January 2023 in Blackpool for the first time since the COVID Pandemic. It was good to once again be together with all the other Youth for Christ Centres across the UK. This is so good to take time out to strengthen our relationships and vision for the work.
We mentioned earlier that we have moved offices. We are now based at City Gates Centre on Cowgate. The move went smoothly on 9th January (although we did need to organise a new boiler as the current one didn’t work) and we are enjoying our new premises.
## **Financial review**
## **Financial position**
Our overall giving remained fairly stable over the year. Where some regular donations stopped, these were replaced by new financial supporters joining our giving team. We had a sizable bill replacing the boiler in our new building, however, this was offset against our rent.
We did not find time to organise a fundraising event this year, but did launch a new giving campaign encouraging 100 new givers donating £20 a month. We have made advances in this, although we still have a way to go.
Our Boost project has started to bring in some income to help pay for the staff running the project and we
anticipate this increasing further next year as the project establishes itself further.
Our savings safety net continues to take the pressure off our ambitious budget, knowing we have funds to cover any deficit. However, we are not complacent and continue to look for new support as mentioned above in order to sustain our work in the future.
We are thankful for the faithful support we have received from all our supporters.
## **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.
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.
## **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.
- 4 -
## **NORWICH YOUTH FOR CHRIST**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **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.
Approved by order of the board of trustees on and signed on its behalf by:
M H J Smith
**Trustee**
25 March 2024
- 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 2023.
## **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: 2 April 2024
- 6 -
## **NORWICH YOUTH FOR CHRIST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
82,399
-
Charitable activities
**4**
39,020
-
Other trading activities
**5**
829
-
Investments
**6**
1,530
-
Other income
**7**
1,370
-
**Total income**
125,148
-
**Expenditure on:**
Raising funds
**8**
2,486
-
Charitable activities
**9**
143,772
-
**Total expenditure**
146,258
-
Gross transfers between
funds
-
-
**Net expenditure for the year/**
**Net movement in funds**
(21,110)
-
Fund balances at 1 September
2022
76,806
2,454
**Fund balances at 31 August**
**2023**
55,696
2,454|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
82,399
90,535
-
39,020
30,381
-
829
2,782
-
1,530
31
-
1,370
192
-
125,148
123,921
-
2,486
2,538
-
143,772
146,355
36
146,258
148,893
36
-
809
(809)
(21,110)
(24,163)
(845)
79,260
100,969
3,299
58,150
76,806
2,454|**Total**
**2022**
**£**
90,535
30,381
2,782
31
192
123,921
2,538
146,391
148,929
-
(25,008)
104,268
79,260|
|---|---|---|
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 2023**_
|**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|**2023**
**£**
5,935
52,364
58,299
(3,725)
124
55,572|**£**
3,576
54,574
58,150
2,454
55,696
58,150|**2022**
**£**
1,749
75,934
77,683
(3,863)
124
76,682|**£**
5,440
73,820|
|---|---|---|---|---|
|||||79,260|
|||||2,454
76,806|
|||||79,260|
The financial statements were approved by the Trustees on 25 March 2024
M H J Smith **Trustee**
- 8 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **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 2023**_
## **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 2023**_
## **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 2023**_
## **3 Donations and legacies**
|||**Unrestricted**|**Unrestricted**|**Total**|Unrestricted|
|---|---|---|---|---|---|
||||**funds**||funds|
||||**2023**|**2023**|2022|
||||**£**|**£**|£|
||Donations and gifts||82,399|82,399|82,558|
||Legacies receivable||-|-|7,677|
||Grants||-|-|300|
||||82,399|82,399|90,535|
||**Grants receivable for core activities**|||||
||Other||-|-|300|
||||-|-|300|
|**4**|**Charitable activities**|||||
|||**Core activities**|**Total**|Core activities|Total|
|||**2023**|**2023**|2022|2022|
|||**£**|**£**|£|£|
||Project income|39,020|39,020|30,381|30,381|
|**5**|**Other trading activities**|||||
|||||**Unrestricted**|Unrestricted|
|||||**funds**|funds|
|||||**2023**|2022|
|||||**£**|£|
||Fundraising events|||829|2,782|
|**6**|**Investments**|||||
|||||**Unrestricted**|Unrestricted|
|||||**funds**|funds|
|||||**2023**|2022|
|||||**£**|£|
||Interest receivable|||1,530|31|
- 12 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **7 Other income**
|**Unrestricted**
**funds**
**2023**
**£**
Other income
1,370
**Raising funds**
Fundraising and publicity
Seeking donations, grants and legacies
Support costs|**Total**
Unrestricted
Total
funds
**2023**
2022
2022
**£**
£
£
1,370
192
192
**Unrestricted**
Unrestricted
**funds**
funds
**2023**
2022
**£**
£
-
96
2,486
2,442
2,486
2,538|Total
2022
£
192|
|---|---|---|
|||2,538|
**8 Raising funds**
- 13 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **9 Charitable activities**
|**Core**
**activities**
**Evangelism**
**of young**
**people**
**Total**
**2023**
**2023**
**2023**
**£**
**£**
**£**
Depreciation and
impairment
-
1,864
1,864
Events and projects
-
7,994
7,994
Training, conferences and
subscriptions
278
3,038
3,316
"Year Out" volunteers
-
3,567
3,567
278
16,463
16,741
Grant funding of activities
(see note 10)
-
8,508
8,508
Share of support costs (see
note 11)
27,187
89,807
116,994
Share of governance costs
(see note 11)
1,529
-
1,529
28,994
114,778
143,772
**Analysis by fund**
Unrestricted funds
28,994
114,778
143,772
Restricted funds
-
-
-
**Grants payable**
**Evangelism**
**of young**
**people**
**2023**
**£**
Charitable organisations
8,508|Core
activities
Evangelism
of young
people
2022
2022
£
£
-
1,826
-
6,498
-
2,896
-
1,185
-
12,405
-
11,258
24,567
96,523
1,638
-
26,205
120,186
26,205
120,150
-
36
**Total**
**2023**
Evangelism
of young
people
2022
**£**
£
8,508
11,258|Total
2022
£
1,826
6,498
2,896
1,185|
|---|---|---|
|||12,405
11,258
121,090
1,638|
|||146,391|
|||146,355
36|
|||Total
2022
£
11,258|
## **10 Grants payable**
- 14 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **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**
**£**
**£**
102,555
-
8,738
-
2,428
-
5,683
-
76
-
-
1,529
119,480
1,529
2,486
-
116,994
1,529
119,480
1,529|**2023**
**£**
102,555
8,738
2,428
5,683
76
1,529
121,009
2,486
118,523
121,009|**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|
## **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|**2023**
**Number**
2
5
7
**2023**
**£**
81,183
14,034
7,338
102,555|**2022**
**Number**
2
6|
|---|---|---|
|||8|
|||**2022**
**£**
83,936
14,462
7,349|
|||105,747|
- 15 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 AUGUST 2023**_
|**13**
**Employees**
There were no employees whose annual remuneration was more than £60,000.
**14**
**Tangible fixed assets**
**Cost**
At 1 September 2022
At 31 August 2023
**Depreciation and impairment**
At 1 September 2022
Depreciation charged in the year
At 31 August 2023
**Carrying amount**
At 31 August 2023
At 31 August 2022
**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**
**£**
92,058
92,058
86,618
1,864
88,482
3,576
5,440
**2023**
**2022**
**£**
**£**
5,935
1,749
**2023**
**2022**
**£**
**£**
-
970
3,725
2,893
3,725
3,863|**(Continued)**
**Plant and equipment**
**£**
92,058
92,058
86,618
1,864
88,482
3,576
5,440
**2023**
**2022**
**£**
**£**
5,935
1,749
**2023**
**2022**
**£**
**£**
-
970
3,725
2,893
3,725
3,863|
|---|---|---|
|||92,058|
|||86,618
1,864|
|||88,482|
|||3,576|
|||5,440|
|||**2022**
**£**
1,749|
|||**2022**
**£**
970
2,893|
|||3,863|
## **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 £7,338 (2022 - £7,349).
- 16 -
## **NORWICH YOUTH FOR CHRIST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_
## **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**||
|||**Balance at**|**Resources**|**Transfers**|**Balance at**|**Incoming**|**Balance at**|
||**1**|**September**|**expended**||**1 September**|**resources**|**31 August**|
|||**2021**|||**2022**||**2023**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|Mission Academy||2,454|-|-|2,454|-|2,454|
|Tracks||36|(36)|-|-|-|-|
|Media||809|-|(809)|-|-|-|
|||3,299|(36)|(809)|2,454|-|2,454|
## **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**|
|||**2021**||**2022**||**2023**|
|||**£**|**£**|**£**|**£**|**£**|
|Legacy||124|-|124|-|124|
|||124|-|124|-|124|
|**Analysis of net assets between funds**|||||||
||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
||**funds**|**funds**||funds|funds||
||**2023**|**2023**|**2023**|2022|2022|2022|
||**£**|**£**|**£**|£|£|£|
|Fund balances at 31|||||||
|August 2023 are|||||||
|represented by:|||||||
|Tangible assets|3,576|-|3,576|5,440|-|5,440|
|Current assets/(liabilities)|52,120|2,454|54,574|71,366|2,454|73,820|
||55,696|2,454|58,150|76,806|2,454|79,260|
## **20 Analysis of net assets between funds**
## **21 Related party transactions**
There were no disclosable related party transactions during the year (2022 - none).
- 17 -