Financial Report Trafford Youth for Christ (TYFC) Financial Year - 1[st] September 2020 – 31 August 2021
| 2020-2021 | 2019-2020 | |||
|---|---|---|---|---|
| INCOME | ||||
| Sponsors Gifs | Individuals | £22,317.30 | £22,071.97 | |
| Churches & others | £20,837.24 | £8,348.80 | ||
| Designated | £0.00 | £2000.00 | ||
| £43,154.54 | £32,420.77 | |||
| Other Income | Tax Relief | £2,246.28 | £3,361.86 | |
| Bank Interest | £0.62 | £3.53 | ||
| Fundraising | £614.04 | £935.45 | ||
| Grants | £16,653.74 | £9,546.75 | ||
| Mission Actvites | £0.00 | £0.00 | ||
| Intern Contributons | £0.00 | £0.00 | ||
| Other Income | £303.24 | £1,613.60 | ||
| £19,817.92 | £15,461.19 | |||
| Total Income | £62,972.46 | £47,881.96 | ||
| EXPENDITURE | ||||
| Staf Costs | Salaries,Tax,NI & Pension | £39,456.72 | £34,587.07 | |
| Interns Expenses | £0.00 | £0.00 | ||
| Travel & Expenses | £85.19 | £697.24 | ||
| Training | £144.99 | £1,058.96 | ||
| £39,686.90 | £36,343.27 | |||
| Other Expenditure | Telephone & Broadband | £933.51 | £1,240.36 | |
| Rent & Rates | £1,740.00 | £1,290.00 | ||
| UtlityServices & Insurances | £780.42 | £874.48 | ||
| Resources | £588.50 | £777.98 | ||
| Bank Charges& Professional fees | £0.00 | £0.00 | ||
| Ofce Costs | £1,030.42 | £1,000.61 | ||
| Publicity& Web site | £81.76 | £79.54 | ||
| Fundraising | £0.00 | £542.74 | ||
| £5,154.61 | £5,805.71 | |||
| Covenant | £1,200.00 | £1,200.00 | ||
| Mission Actvites | £26.59 | £616.01 | ||
| £1,226.59 | £1,816.01 | |||
| Total Expenditure | £46,068.10 | £43,964.99 | ||
| SUMMARY | Excess Income over Expenditure | £16,904.36 | £3,916.97 | |
| OpeningBalance | £19,515.49 | £15,598.52 | ||
| Closing Balance | £36,419.85 | £19,515.49 | ||
| REPRESENTED BY | Current account 1 | £17,511.32 | £10,007.37 | |
| Current account 2 | £4,397.47 | £5,893.27 | ||
| Current Account 3 | £1,189.67 | £278.08 | ||
| Deposit account | £13,235.50 | £3,234.88 | ||
| PetyCash | £85.89 | £101.89 | ||
| £36,419.85 | £19,515.49 |
TYFC Financial Report 1 Sept 2020– 31 Aug 2021
1
Income
Individuals
We have received regular financial support from 47 individuals during this financial year. Four long standing supporters stopped giving. Thirty two of the regular donations are tax efficient. Some of the income is received gross of tax. Other individual one off donations have also been received.
Churches & others
We receive regular financial support from 4 local churches totalling £453 per month. Several ‘one off’ donations have been received from churches within the Trafford area and one from further afield. A very generous donation of £7,500 was received from the Trustees of Sale Evangelical Church from the winding up of their accounts following the sale of their church building. Other donations have come in from Smile Amazon, Paypal Giving and British Youth for Christ.
Designated
No donations received during this financial year which needed to be ‘designated’.
Tax Relief
Gift Aid reclaimed from the Inland Revenue totalled £2,246.28.
Bank Interest
Interest earned on the deposit account totalled £0.62.
Fund raising
This income is from the sponsored walk in July. There was £148.80 of gift aid claimable on this figure included in the Tax Relief amount. Total funds raised from the walk amounted to £762.84.
Grants
Monthly grants were received from the Government Job Retention Scheme for staff on furlough.
Other Income
This income consists of quarterly commission from National YFC for a resources programme purchased by local churches.
Expenditure
Salaries, Tax & National Insurance & Workplace Pension
We had two employees during this year, a Director and a Schools & Youth Worker. Pension contributions continue to be made at 8% as per Government guidelines, i.e. 5% staff / 3% employer ratio. Employer pension costs for this year amount to £785.67.
Intern Costs
No interns this year.
Travel & Expenses
Staff travel costs, mileage & sundry expenses amounted to £85.19.
Training
TYFC funds training for all staff and Trustees. There was no physical Annual YFC conference in January this year. Training sessions attended have been via zoom.
Telephone & Broadband
Office phone line and broadband package are essential to the running of the office, lesson planning, running lessons, events and activities. The cost of purchase and repairs to the Director’s and staff worker’s mobile phones, line and rental and essential work related calls are covered by TYFC. Staff must pay for their own personal calls.
Rent & Rates
We pay monthly rent of £145 to St Alban Church for our office space.
Utility Services & Insurances
Annual gas costs amounted to £167. Electricity charges have been waived by the landlord. Insurance Policies cost £613.28.
Resources & Teaching materials
These are the costs of resources used for teaching and include lesson materials and props.
Bank Charges & Professional Fees
TYFC Financial Report 1 Sept 2020– 31 Aug 2021
2
There were no bank charges or professional fees.
Office Costs
The photocopier lease is £360 for the year. The Motion Picture Licence cost £190.02. Microsoft Office 365 subscription cost £66.24. A second hand camera and sundry equipment was purchased for improved filming for Facebook / Instagram posts during lockdown to engage with and encourage youth groups and followers.
Publicity & Web Site
These costs represent the subscription to enable regular posting on social media.
Fundraising
No costs incurred.
Covenant
Covenant payments have continued to be made during this financial year to British Youth for Christ. We are making a monthly contribution of £100.
Mission Activities
These costs are for litter picking equipment for use on the Sale West Estate for Detach Work.
SUMMARY
Actual Income £62,972.46 Actual Expenditure £46,068.10 Surplus (Deficit) £16,904.36
We finished the financial year with a closing balance of £36,419.85.
We are most grateful for the continued prayerful and financial support we receive from our supporters. This year has been a difficult and challenging time for our staff during the pandemic and we thank them for the way they have managed their time, working from home part time and being furloughed for some of the time. The £7,500 donation we received in July has been ‘earmarked’ towards the salary of a new member of staff starting in September 2021. This new venture sees us partnering with two local churches creating a full time job divided three ways. This initial one year contract will be reviewed with the partner churches during the year.
We have sufficient funds to meet our commitments for the next 12 months. Looking ahead we will need to substantially increase our data base of financial supporters and find ways to raise funds to meet our future financial commitments.
Prepared by Susan Gormley, Treasurer, 15[h ] November 2021.
Signed ____ Susan Gormley, Treasurer
TYFC Financial Report 1 Sept 2020– 31 Aug 2021
3
Trafford Youth For Christ - Annual General Meeting 2020 2021 - Monday 15th November 2021 19:00 21:00
Held via Zoom - Meeting ID: 859 6312 7317 / Passcode: GoodNews
Staff
Director - Dave Atkinson - St. Mary Magdalene's, Ashton-on-Mersey Youth & Schools - Joanne Clark - Cornerstone Church, Liverpool Church, Youth & Community - Alex Stewart - Sale West Community Church
- St. Mary Magdalene's, Ashton-on-Mersey
Executive Committee
Chairperson - Ann McBurney - St. Mary Magdalene's, Ashton-on-Mersey Treasurer - Sue Gormley - St. Mary Magdalene's, Ashton-on-Mersey Minutes Secretary - Ali Kirby - Altrincham Baptist Church, Altrincham Trustee - Steve Thurston - St. Mary Magdalene's, Ashton-on-Mersey Trustee - Meg Johnson - St. Alban's Church, Altrincham Trustee - Nick Owen - LifeChurch, Manchester
Director’s Report Review 2020/21
Arena (Schools)
This year, we didn’t complete any weeks in schools. This was due to the fact that schools were reluctant to have external visitors in, Joanne living in a different tier to Trafford, and Dave & Joanne being on part-time furlough for most of the year.
In 20/21 we visited: ( number of weeks for 20/21 / number of weeks for 19/20 )
ACA - Altrincham College of Arts ( - / - ) AGG - Altrincham Grammar for Girls ( - / 1 ) AMB - Saint Ambrose Catholic College ( - / - ) AOM - Ashton-on-Mersey School ( - / - ) BRD - Broadoak High School ( - / 1 ) BTH - Blessed Thomas Holford Catholic College ( - / 1 ) SGS - Sale Grammar School ( - / - ) SHS - Sale High School ( - / 1 ) SMP - St. Mary’s Primary School ( - / - ) WAC - Wellacre Technology College ( - / - ) WGT - Wellington High School ( - / - )
(*no regular CU/Lunch-Club involvement throughout that year)
Momentum (Ongoing Youth Contact)
The Cave, for Primary-School children, and Cave+, for Secondary-School youths, didn’t run during this year, but Dave and Joanne continued (when possible) to have a presence on the Sale West estate by litter-picking. They were encouraged by residents that they were “doing a good job” and it was “really appreciated”. They chatted to a few young people as they saw them, but mostly the young people were eager to get home.
Elemental (Church Partnerships)
We continued to support the local churches by attending (& helping with) the youth provisions on Friday evenings (mainly by Zoom). Dave helped out with St. MaryMagdalene’s, and Joanne helped with Altrincham Baptist Church. If you would like to host an event at your church, be it a fundraiser or otherwise, please get in touch. We would only be too happy to work with you.
Team
This year, the staff-team stayed the same. Dave Atkinson maintained Directorship, and Joanne Clark continued as Youth & Schools Worker. We didn’t apply for any Year Out volunteers as there wouldn’t have been enough work for them to do, especially with the lack of schools bookings and the staff being furloughed.
Page 2
Executive Committee
This year our list of Trustees has remained unchanged. We are, however, still looking for new members to join our Trustees. If you know of someone who might be suitable, please ask for a Trustee Role Description. We all completed a 17-mile walk as part of the ‘Miles From Home’ fundraising effort, where we walked around Trafford, visiting all of the schools we’ve had contact with over the last few years, and praying for them. This brought us all a little closer together, and was good as we’d spent so much time apart in isolation.
Other
Dave and Joanne both attended various online training throughout the year, including the Youth For Christ Conference in January, and Youthscape’s ‘Renew Normal’.
Dave and Joanne continued to post a load of social media posts so that our supporters knew that we were still around. The regular posts are some silly ‘Hump-day’ posts on a Wednesday, more pensive ‘Thursday Thoughts’ videos on a Thursday, and Time to stop and pray’ posts on a Sunday. As well as these regular slots, there have been other posts on special days, etc. These have proven popular with some of our supporters, and other Youth For Christ Centres too.
Joanne also completed a Chaplaincy course online with CYM.
Page 3
Current Year 2021/2022
This year Dave continues to work as full-time Director for Trafford Youth For Christ, Joanne has stayed on as the Youth & Schools Worker, and we have taken on Alex Stewart as our Church Youth & Community Worker.
Term 1: September 21 - December 21
Dave and Joanne finished their furlough, and were joined by Alex. His role requires his time to be split across St. Alban’s Church, St. Mary Magdalene’s Church, & Trafford Youth For Christ. They have relaunched CAVE+ on Sale West, and during what was The CAVE (the younger group) they’re doing detached youthwork out on the estate. This is mainly due to not quite having enough volunteers to run both groups.
Both Dave and Joanne have continued to help out with the youth groups at Altrincham Baptist Church and St. Mary Magdalene’s Church now that they have returned to in-person sessions. We hope to continue this while we are not as busy with schools bookings.
We have one school booked in for the end of November, space for more before Christmas, and have started up a Christian Union in Altrincham Grammar School for Girls, in partnership with St. Mary’s, Bowdon.
Term 2: January 22 - March 22
-
Arena - Hopefully we will be getting back into schools throughout this term.
-
Momentum - The detached work to continue on the estate, and The CAVE/CAVE+ to continue to be a positive
-
influence for the young people on Sale West.
-
Elemental - We will continue to attend and support the local churches through their youthwork. We will look to speak as a guest at several local church services. Joanne has been asked to speak at St. Anne’s, Sale.
-
Team - We are not expecting any changes to our team this term.
-
Executive Committee - We are looking for new members to join our Trustees. If you know of someone who
-
might be suitable, please contact us and ask for a Trustee Role Description.
-
Other - National Youth For Christ Conference January 2022 will be back in-person, in Blackpool. We might be holding our annual Quiz Night fundraiser at some point during February/March. Unsure if this will be in-person, or online.
- Term 3: April 22 July 22
-
Arena - Continue to increase the number of schools weeks booked throughout this term.
-
Momentum - The detached work to continue on the estate, and The CAVE/CAVE+ to continue to be a positive influence for the young people on Sale West.
-
Elemental - We will continue to attend and support the local church youth groups.
-
Team - We are not expecting any changes to the team this term, but we will be applying for another team of volunteers from National Youth For Christ for 2022-23.
-
Executive Committee - Hopefully we will have filled our positions, but if we haven’t, we will still be looking for new members to join our Trustees.
-
Other - Towards the end of the term, we would love to be planning a Beetle-Drive to take place sometime after the Summer holidays. The staff team are taking part in the Manchester Marathon in April - https:// donate.giveasyoulive.com/fundraising/tyfc-manchester-marathon
Page 4
- TYFC Financial Report 2019 2020
The charts below show our income and expenditure for the year 1st September 2019 to 31st August 2020.
----- Start of picture text -----
Fundraising
614
Bank Int.
Grants
1
16,654
Tax Relief
2,246
Other
1,217
Individuals (can’t Gift Aid)
Churches 14,061
19,923
Individuals (can Gift Aid)
8,256
----- End of picture text -----
<- INCOME
-
Most of our income comes through donations from local individuals and churches. We receive about £1,700/ month from 47 committed individuals, and £450/month from 4 local churches.
-
A very generous donation of £7,500 was made by the Trustees of Sale Evangelical Church from the winding up of their accounts.
-
Other income consists of quarterly commission from National Youth For Christ for their resources programme purchased by local churches, and donations through Amazon Smile and Paypal Giving.
-
Monthly grants were received from the Government Job Retention Scheme for staff on furlough.
EXPENDITURE ->
-
As you can see, most of our expenditure was on staff salaries, and a significant proportion of the rest is also staff-related: travel, expenses and training. Pension contributions continue to be made also, and the amount for this year was £785.67.
-
We pay £145/mo to St. Alban’s Church to use the office space.
-
Training costs, travel expenses, and resources for lessons have been down this year, but will rise again.
----- Start of picture text -----
Covenant
1,200
Training
145
Travel & Expenses
85
Teaching Resources
589
Office & Admin
4,566
youth Mission
27
Salaries, NI & Pension
39,457
----- End of picture text -----
General Comments
-
The £7,500 from Sale Evangelical Church has been ‘earmarked’ towards the salary cost for a new staff-member.
-
This year has been a difficult and challenging time for our staff during the pandemic and we thank them for the way they have managed their time, working from home part time and being furloughed for some of the time.
-
Our overall income for the year was £62,972.46 and our expenditure was £46,068.10, resulting in a surplus for the year of £16,904.36. This increased our reserves from £19,515.49 to a closing balance of £36,419.85.
-
We will be providing more details at the AGM, or you can contact the office for more information and a copy of our complete financial report.
You can also contact our Treasurer, Sue Gormley, on 07742 515 223.
Thank you once again for all your support.
The Church Hall, Lindsell Road, Altrincham, WA14 5NX T 01619297022 E tyfcteam@gmail.com trafford.yfc.co.uk Charity No. 1072422. A member of British Youth For Christ
IrAndl ExonMnorf$ Rewt to tho Trust•es of Trafftd Y¢xrth fof Chri•t I r8PJt on th8 )Unts ol the Trust for the year ¥1•d 31 August 2021. are set out attxtrd R••p•cfjv• mpoMlblllUeg of tru•t••• •nd •x•mln•r Thg dwty'$ ar• resp)n$ibkn for the preparalK)n ol the accounts The charty's trustees ortsthr that an audrt is not wuired for this year under secb.on 144121 ol the Chanbes Act 2011 (the 2011 kti and that an Independent examinabon * needed. It is my rnSF4Msits"Ity ". exwrin• the accounts und8r secb.on 145 01 the 2011 kt,. to fc4bw the prvcedures laid dtrwn in the General Dif8cts"ons gNen by the Charity Coffmts under sKM)n 145(511bl ol the 2011 Act), and to stste •thett)er Par19r m8tters have com8 to my attenn. B1 of Indeynd•nt •xamln•rfs r•port My eXlnabjTr was urried wt in xcordants with the General D1ConS given by the Charrty ComMissn An examinatn Includes 8 re¥W of the accounting records kept by the charity and companson of the accounts psented with those records. 11 also includes consideration of any unusual rtems or disclosures in the accounts. and seeking explanations from you as trustees DJnceminy any such matters. The predureS undertaken do not prOVe all the evidence that would be qUired in an 8ud¢ and consequently no opinion is gwen as lo whether the accounts present and fair VTew' and the report is limrt6d lo those matters set out in thg nexl statemenL d•p•nd•nt •x•mln•rf$ ¥tstem•nt In connectTr?n my examinati. no matter has come to my attention.. 9rves me reasonable Cause to believe thal In any material rnspect the requireff*nts {1) to kaep 8Ko)unling records in accordan¢e with section 130 of the 2011 Act: and lo ppare accounts which accord wilh the accounting records 8nd comply with the accounts.ng requirements of the 2011 Act have not been metr, or 121 lo which, in my opinion, attentkin should be drawn in order to enable a proper understanding of the accounts to bè reached. Sarah E Cumming AssttLatè of the In$titute of Chartered Accounlants in England and Wales 23 8ee¢h Grove. SALE. M33 6RT 19 June 2022