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← Norwich Youth For Christ

2024-08-31-accounts

Charity registration number 1071019

NORWICH YOUTH FOR CHRIST

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

NORWICH YOUTH FOR CHRIST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees M H J Smith
R Lynds
D Gyton
S Knights
T Baldry (Appointed 16 September 2024)
C Gunn (Appointed 11 November 2024)
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 2024

The trustees present their annual report and financial statements for the year ended 31 August 2024.

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 until 31 December 2023 Fliss Jones Gary Watson Tom Tarbuck Tania Colley Gwil Davey from 1 January 2024 Dani Horsfall from 10 June 2024

We had one gap year student 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.

NORWICH YOUTH FOR CHRIST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

Achievements and performance Development, activities and achievements

The main development this year has been the resignation of Nick Blanch in December 2023, following eleven years as the Director of Norwich Youth for Christ, to work for National Youth for Christ. He was replaced by Gwilym Davey who started in the New Year. He had a couple of days in the office before attending the annual Youth for Christ staff conference with the rest of the team. Therefore, much of the first quarter of the year involved maintaining our work whilst recruiting the new director, and the rest of the year involved getting Gwil inducted and up to speed, managing the team, understanding our current work and taking on the delivery that Nick was doing in several schools.

The Trustees are very thankful to Nick Blanch and his leadership, passion and service over the last eleven years which has included one pandemic, two office moves, some crazy fundraising events and more importantly thousands of contacts with young people in schools, youth clubs, youth events online and at camps.

We saw a relatively smooth transition between directors and welcomed Gwil to the team.

We held our Annual Showcase in March 2024 where we were able to celebrate our work with invited supporters and were delighted to have the Bishop of Norwich, Bishop Graham Usher, attend and join the trustees as Gwil was commissioned as the new Director.

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:

We continued our work in Framingham High School, Sewell Park Academy, Hellesdon High School, Taverham High School and Thorpe High School delivering lunch time clubs. We have also added CNS to our list of schools.

We were asked by Thorpe High School if we could make a digital Christmas assembly that they could show to their students. This was another brilliant opportunity to share the Christmas story with hundreds of students. We were able to use a young person from the Jam to help create this video.

Our presence also continues in Thurton Primary, Stoke Holy Cross Primary and Rockland and Surlingham Primary schools, taking assemblies and running lunch clubs. We have also started working in Alpington Primary school too.

Boost – Our Alternative Education project has had a successful year. We have had 19 students over the year and we were at full capacity many times during 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 and are now contributing towards the cost.

NORWICH YOUTH FOR CHRIST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

Music & Media:

We have had a wonderful time at Encounter, our bi-termly youth service, this year. As well as the usual mix of tabletop games, tuck shop and hanging out with other youth groups from across Norfolk, we have provided many opportunities to be challenged during the youth service.

We have been challenged in some of our crazy - and not so crazy - (in fact slightly boring ' we won't try that game again') games. And, in the talks we've listened to, we have also been challenged to make some healthy habits, choose Jesus and seek out His plans for our lives. A highlight was hearing from Bryn who runs Blue Bear Coffee shop in Norwich. He shared his testimony of knowing Jesus and discovering what His plans were for his life. This has taken him on a journey from being a policeman, to a bodyguard and then working overseas in projects fighting to uncover and stop people trafficking. He now runs a fair trade coffee shop in Norwich making sure all their coffee is ethically sourced and raises money towards fighting the injustice of slavery. This was an inspirational evening.

Over each event, many young people have encountered Jesus as we have worshiped Him and spent time listening to Him and reflecting on what it means to be a follower of Christ. We have also offered opportunities for young people to make a decision to follow Jesus. Our Encounter youth band is going from strength to strength as they practice together at The Jam and then lead the young people at Encounter in worship.

The Jam meets weekly during term time on a Wednesday evening and continues to see a dedicated group of young people, who love making music, gather together each week. They are mainly responsible for the worship at Encounter and helping to plan and host the event. When they are not doing this, they are looking at songwriting and making social media posts. It is a safe space for young people to be themselves, explore faith, enjoy friendship, create and thrive.

YouTube is not currently one of our priorities, however we have uploaded some content over the year, including a digital Christmas assembly (as previously mentioned) which was used by schools. We amassed 8100 views and gained 20 subscribers.

We have been deliberate about being active on social media, and regularly put out content from highlighting bible verses, funny edits or advertising on Instagram, Tik Tok and Facebook. This is starting to gather momentum and we look to develop this further. On Tik Tok we have reached 13648 accounts and had 15824 views. On Instagram we reached 441 accounts a month on average.

Tracks, our mobile recording studio, has had regular visits to youth groups at Stoke Holy Cross this year, as well as our summer camp at Sizewell. It has been used at Hellesdon high school after school youth club. 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.

Nick Blanch continued to volunteer a weekly gaming session throughout the year, engaging with around 55 people through Twitch.

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. We are also supporting the youth work at Lakenham, New Hope Christian Centre.

We continue our partnerships with Thurton Primary School to regularly have a weekly presence in that school in the form of assemblies, prayer spaces, and lunch time clubs, and have started similar sessions in a new partnership with Alpington Primary School.

Our partnership with Harford Youth Project which meets at Harford Community Centre where we support their weekly youth club also continues.

We love any opportunity to partner with others and continue to work with Norwich Vineyard Church at Thorpe High School and Oak Grove Chapel at Sewell Park Academy.

NORWICH YOUTH FOR CHRIST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

Resourcing Others:

We hosted the Global Leadership Summit in November 2023 again. We returned to 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 back to run the youth work at a Relational Mission Church gathering at Kings in February. We once again encouraged the young people in the area of evangelism.

We ran our fourth 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. Our theme was BRAVE and included a Scottish sub theme. Neil o'Boyle, the director of National Youth for Christ, was our speaker 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. This year we also baptised two young people in the sea with their families and camp delegates watching on the beach.

We continue to have oversight of East Norfolk Youth for Christ. Our aim was to seek new Trustees with a view to handing the governance over to them this year. This has not happened and we will review this situation next year.

We also continue to support and be a part of initiatives across the city including Connect Norwich. (an expression of Churches Together across Greater Norwich).

Other Developments:

Our National annual staff conference went ahead this year at Halesowen. The conference was hosted at Life Central Church. It was good to connect with our wider Youth for Christ family and be together with Youth for Christ Centres across the UK. We had to organise our own accommodation this year, which we did with other East Anglian centres and stayed together at The Greenhouse at Barnes Close. It was good to take time out to strengthen our relationships and vision for the work.

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, or current supporters increasing their giving.

Gwil ran a Marathon in July to raise money for our work. He raised almost £3,000.

Our Boost project income tripled this year which has helped to pay for the staff running the project.

We have seen a rise in all of our expenses, as expected, including as a result of a pay review following the raise in the National Minimum Wage in April 2024.

Our savings safety net continues to take the pressure off our ambitious aspirations knowing we have funds to cover any deficit. However, we are not complacent and continue to robustly seek new support 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.

NORWICH YOUTH FOR CHRIST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

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.

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 (Resigned 25 March 2024) C Poole (Resigned 1 January 2024) T Baldry (Appointed 16 September 2024) C Gunn (Appointed 11 November 2024)

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.

Approved by order of the board of trustees on and signed on its behalf by:

M H J Smith Trustee

10 March 2025

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 2024.

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:

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: 12 March 2025

NORWICH YOUTH FOR CHRIST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income and endowments from:
Donations and legacies
3
79,140
-
Charitable activities
4
59,945
-
Other trading activities
5
2,877
-
Investments
6
1,341
-
Other income
7
736
-
Total income
144,039
-
Expenditure on:
Raising funds
8
2,376
-
Charitable activities
9
151,649
-
Total expenditure
154,025
-
Net expenditure
(9,986)
-
Transfers between
funds
2,454
(2,454)
Net movement in
funds
12
(7,532)
(2,454)
Reconciliation of funds:
Fund balances at 1 September
2023
55,696
2,454
Fund balances at 31 August
2024
48,164
-		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
79,140
82,399
-
59,945
39,020
-
2,877
829
-
1,341
1,530
-
736
1,370
-
144,039
125,148
-
2,376
2,486
-
151,649
143,772
-
154,025
146,258
-
(9,986)
(21,110)
-
-
-
-
(9,986)
(21,110)
-
58,150
76,806
2,454
48,164
55,696
2,454		 Total
2023
£
82,399
39,020
829
1,530
1,370
125,148
2,486
143,772
146,258
(21,110)
-
(21,110)
79,260
58,150

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

NORWICH YOUTH FOR CHRIST

BALANCE SHEET

AS AT 31 AUGUST 2024

Notes
Fixed assets
Tangible assets
16
Current assets
Debtors
17
Cash at bank and in hand
Creditors: amounts falling due within
one year
18
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
20
Unrestricted funds
21		 2024
£
3,593
44,642
48,235
(2,999)		 £
2,928
45,236
48,164
-
48,164
48,164		 2023
£
5,935
52,364
58,299
(3,725)		 £
3,576
54,574
58,150
2,454
55,696
58,150

The financial statements were approved by the trustees on 10 March 2025

M H J Smith Trustee

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

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 or grantors 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.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

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.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

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.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 79,140 82,399
4 Income from charitable activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Other Income
Administration Fees 2,320 4,120
Project income 57,625 34,900
59,945 39,020
5 Income from other trading activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising events 2,877 829
6 Income from investments
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 1,341 1,530

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

7 Other income

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Other Income 736 1,370

8 Expenditure on raising funds

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Support costs 2,376 2,486

9 Expenditure on charitable activities

Core
Activities
Evangelism
of young
people
2024
2024
£
£
Direct costs
Depreciation and
impairment
-
1,505
Events and Projects
-
8,967
Subscriptions
91
3,148
"Year out" Volunteers
-
2,796
91
16,416
Grant funding of activities
(see note 10)
-
8,508
Share of support and governance costs (see note 11)
Support
28,364
97,386
Governance
884
-
29,339
122,310
Analysis by fund
Unrestricted funds
29,339
122,310		 Total
Core
Activities
Evangelism
of young
people
2024
2023
2023
£
£
£
1,505
-
1,864
8,967
-
7,994
3,239
278
3,038
2,796
-
3,567
16,507
278
16,463
8,508
-
8,508
125,750
27,187
89,807
884
1,529
-
151,649
28,994
114,778
151,649
28,994
114,778		 Total
2023
£
1,864
7,994
3,316
3,567
16,741
8,508
116,994
1,529
143,772
143,772

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

10 Grants payable
Evangelism Evangelism
of young of young
people people
2024 2023
£ £
Grants to institutions:
Charitable organisations 8,508 8,508
-
11 Support costs allocated to activities
2024 2023
£ £
Staff costs 109,678 102,555
Rent Rates and Insurance 8,710 8,738
Telephone,computer and Internet 2,011 2,428
Office costs 6,846 5,683
Bank charges 72 76
Governance costs 1,693 1,529
129,010 121,009
Analysed between:
Fundraising 2,376 2,486
Core Activities 29,248 28,716
Evangelism of young people 97,386 89,807
129,010 121,009
12 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 1,693 1,529
Depreciation of owned tangible fixed assets 1,505 1,864

13 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

14 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
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
Aggregate compensation		 2024
Number
2
4
6
2024
£
88,917
12,969
7,792
109,678
2024
£
50,049		 2023
Number
2
5
7
2023
£
81,183
14,034
7,338
102,555
2023
£
52,616

15 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

16
Tangible fixed assets
Cost
At 1 September 2023
Additions
At 31 August 2024
Depreciation and impairment
At 1 September 2023
Depreciation charged in the year
At 31 August 2024
Carrying amount
At 31 August 2024
At 31 August 2023
17
Debtors
Amounts falling due within one year:
Other debtors
18
Creditors: amounts falling due within one year
Accruals and deferred income
19
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 Plant and
equipment
£
92,058
857
92,915
88,482
1,505
89,987
2,928
3,576
2024
2023
£
£
3,593
5,935
2024
2023
£
£
2,999
3,725
2024
2023
£
£
7,792
7,338		 Plant and
equipment
£
92,058
857
92,915
88,482
1,505
89,987
2,928
3,576
2024
2023
£
£
3,593
5,935
2024
2023
£
£
2,999
3,725
2024
2023
£
£
7,792
7,338
92,915
88,482
1,505
89,987
2,928
3,576
2023
£
5,935
2023
£
3,725
2023
£
7,338

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.

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

20 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 Transfers At 31 August
September 2024
2023
£ £ £
Mission Academy 2,454 (2,454) -
Previous year: At 1 Transfers At 31 August
September 2023
2022
£ £ £
Mission Academy 2,454 - 2,454

21 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 Incoming Resources Transfers At 31 August Transfers At 31 August
September resources expended 2024
2023
£ £ £ £ £
Legacy 124 - - - 124
General funds 55,572 144,039 (154,025) 2,454 48,040
55,696 144,039 (154,025) 2,454 48,164
Previous year: At 1 Incoming Resources Transfers At 31 August
September resources expended 2023
2022
£ £ £ £ £
Legacy 124 - - - 124
General funds 76,682 125,148 (146,258) - 55,572
76,806 125,148 146,258 - 55,696

NORWICH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

22 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 August 2024:
Tangible assets
2,928
-
Current assets/(liabilities)
45,236
-
48,164
-
Unrestricted
Restricted
funds
funds
2023
2023
£
£
At 31 August 2023:
Tangible assets
3,576
-
Current assets/(liabilities)
52,120
2,454
55,696
2,454		 Total
2024
£
2,928
45,236
48,164
Total
2023
£
3,576
54,574
58,150

23 Related party transactions

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

Norwich Youth For Christ provided and charged a fee for Administrative services totalling £360 to East Norfolk Youth for Christ a charity that has the same acting trustees.