ISLE OF WIGHT YoirrH FOR CHRIST ANNUAL REPORT AND ACCOUNrs for the ywtndul 3151 D¢£¢tts21llO
ISLE OF WIGHT YOUTH FOR CHRIST TRUSTEES REPORT FOR THE PERIOD ENDED st DECEMBER 2020 Isle of WKJM Youth for Christ is a registered ¢hanty, No. 1078660. The registered athjress is Union Strert Nevfj)ort. Isle of Wht. The tru&ees ofthe thanty duriNJ the year to 31Et Decernber 2020 were as follows.. Jane Grtffths Mr Kerth Peters Mr ArKlrtr HLP3he$ Mr Steve Crngo Christsne Kane Mr HwJh Wells Objects To promote the Chrisiian farlh and to Prodaim the Gospel of the Lord Jesus Christ throughout the wodd and in particular (but without prejudice to the generaliiy of the foregoing) in the Isle of Wight and its environs. To promote and eno)urage the Chrfsllan ev8ThJeUsation of young peo& through(Mrt the WOFk1 arKI in particular { wrlhout prejudi to the generalty of the fOrn9rJ) in the Isle ofwyht and ts environs. To promote aThJ encourage Chrflon Ilvlng. To reli8v8 P)V8rty and sickness thereby demon4rallw the Gospel of Jesu5 Chrisl. R•vi•w of th• Y•af The charity opernted in 8ccord8nce with ils otyeds arKI de$te the effects of Ccpvid it was successful in m4iNaining h'nks, albeit in 8 nber of dr¥ers8 ways, with the young peOe of the ISS0 of Wigm. Durlng the year the tharity rn1 8 surplus crf inc(Mne oTrMr expenditure of £22.257. (2019 showéd 8 defi(?t of £5,494). Expenditure decreased dramaUc4lly due to the effeds of COVVKI. The effeds of CO•VKi has also meant the income of the chaiity has fallen slightly but with the help of the government Job Retention Scheme we have been able to maintain a healthy balance. It is hoF*d that the income rnceNed from Ihe charth'es financial supporteryJ wlll not be effeded to much more through 2021 enabling the chanty to conb'nue to cary out its aims. The Trustees consider the state of the ch8rily's aff81rs to be satisfadory. with the funds of the charity totalling £108.785 (2019 = £8e.529) Income and Expenditur• The ino)me received by the tharity w85 made up from gifts given by churches and other charitatde tKJdies along with gifts from pnvate indivKluals and the govemment JRS grant. These gifts We gr¥en by way of Gift Aid and general giviNJ. The T(rtal Incne ReceNed. ccthprising of designated and general funds, showed 8 mc<lerate deC8$e on 2019. Expenditure hNeVer showed a consKlefafAe decrease cau ty the effects of CfyVM1. Date . Keiih V Peters- Trustee[ra5Ur For and on behalf of the Trustees
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Poge3 ftttheyrar 31# DKakn2020 RRSOURCES EXPENDED 51912 52.912 Soul Sumv 16hJ2 I12 1,012 I2 T1)14¢Xpa Telcphonc 1258 1258 3J89 372 17441 1251 497 174 22$1 ljsuyance 197 430 694 Publity Copyri8h li¢¢¢ Swth 434 434 41 41 J• cits11 dorthtia 451 6.451 J.699 PrLV& art Supplies R¢xk SOINJ W¢¢k¢fyJ• 647 647 642 177 6ABO OuDYillc 7J66 8,9J9 Ryd¢ Y¢uth th¢r Pr•I1h Wcu Wi8br YtyAh wker tkTK¢ciaEIQ 8.959 10.007 11.8 98245 NEf INCOME ORIEXPENDMJREI SuTplus [{dtrtIfr yxaTLYtht31 tkY4kn21Y20 21858 2Z357 (3.494)
Page4 BALANce SllEEr 31# fknakn2020 FtXED ASSETS fixoj Iii#s 1217 442 CUBRENT ASSETS 28.817 42.550 78.750 43J36 107.567 NET CURREKf ASSETS 107J67 NFT ASSETS 314 E*Mkn2019 108.714 held ai 311¢ ethIr2010 1(rf.785 86J siyd on Ihejrbeholf by
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BANKAND CASH 71.443 26 Jl.426 26 Tltr* 7.281 7&750 5.091 43.543 DEBIORS 28A17 38,OSS 4.465 3%,OHS Wut Wi8hi Ywh wjt41 28.817 CREDtroRS ANDACCRUALS S)ul AtD Gifi •ld OD geDernl ¢kn¥iOD 5891 7J91 829 EMPLOYEES YFC frDm #wal fuTr 51912 (knnwlk Ytyjth Ry]¢ Ywth 4Yrfk¢r W¢st y(thir 7J66 &959 11fft9 8lJ36 12.028 67.034
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