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South West Youth Ministries Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

1

Contents

Legal and Administrative Information 3
Trustees’ Annual Report including Directors’ Report 4–9
Independent Examiner’s Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13–22

2

Legal & Administra2ve Informa2on

CHARITY NAME South West Youth Ministries
REGISTERED CHARITY NUMBER 1086877
REGISTERED COMPANY NUMBER 03963476
REGISTERED ADDRESS 10E Mill Park Industrial Estate
White Cross Road
Woodbury Salterton
EX5 1EL
BOARD OF DIRECTORS
(Trustees) Joel Preston (Chair)
Bridget Down
Ruth Flanagan
Joseph Mudzingwa
Andrew Mulcock (resigned 30/9/24)
John Russell
Daniel Searle
Harriet Sharp
Rosemary Sowden
Esther Stansfield
COMPANY SECRETARY Rosemary Sowden
EXECUTIVE DIRECTOR Paul Friend
BANKERS CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
ME19 4JQ
INDEPENDENT EXAMINER Mr W Boyd ACCA
Esterbrook Eaton Ltd
Cosmopolitan House
Old Fore St
Sidmouth EX10 8LS

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South West Youth Ministries

Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

The Directors (Trustees) present their Annual Report together with the financial statements of South West Youth Ministries for the year ended 31st August 2025.

The financial statements have been prepared in accordance with the accounting policies set out on pages 12-13, the Memorandum and Articles of Association dated 3rd April 2000, amended 16th March 2001, 22nd May 2019 and July 2022, the Charities Act 2011 as amended by the Charities Act 2022, the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the small Companies regime (section 419 (2) of the Companies Act 2006.

1. Structure Governance and management

Board of Directors (Trustees)

South West Youth Ministries was incorporated as a company limited by guarantee on 3[rd] April 2000 and registered as a charity on 1[st] June 2001. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

South West Youth Ministries is directed by a Board of Directors. The members are people drawn from local churches and various other sectors and appointed at the Charity’s regular board meetings. Their time is given voluntarily. Meetings are held at least quarterly and business is conducted largely by discussion and consensus in the formal meetings.

The Directors (Trustees) who served during the year and up to the date of this report was approved are as follows:

Joel Preston (Chairman) Bridget Down Bob Wallington (appointed 26/11/25) Andrew Mulcock (resigned 30/9/24) Joseph Mudzingwa Daniel Searle John Russell Rosemary Sowden Harriet Sharp Ruth Flanagan Esther Stansfield

Training and briefings on matters concerning the legal and operational aspects of the charity are arranged from time to time, with inputs from, for example, Stewardship Services.

The Board takes responsibility for all policy decisions. The minutes of Board meetings constitute the formal record of proceedings and decisions taken and approved by the Directors.

The Executive Director appointed by the Board of Directors carries out the day-to-day management and affairs, together with the Staff Team. Staff Team members each have a special responsibility for a particular area of the work.

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South West Youth Ministries Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

Risk Management

The trustees consider the major risks to which the charity is exposed when updating its strategic plans and further regular reviews are made in all areas. These include internal and external risks that, if occurring, would be likely to affect finance and resources, staffing and other aspects of the work of the charity. The trustees are satisfied that procedures and systems are in place to monitor and control these risks, to mitigate any impact that they may have on the charity in its future operations.

2. Objec2ves and Ac2vi2es

2.1 Vision and Values Statement

South West Youth Ministries’ vision is for every child and young person in the South West to encounter Jesus, come to know him and make a choice to ‘Live For More’.

SWYM have values to articulate how we want to act as we work out our vision. These are:

  1. Christ Centred Living

  2. Kingdom Focused Movement

  3. Servant Hearted Community

  4. Pursuing Excellence Together

2.2 Objects and Aims of South West Youth Ministries

Our aims are to be met through the following core activities:

  1. Develop, sustain and serve local church, community and schools projects

  2. Organize camps and events as a resource to churches and workers

  3. Train and support youth workers through accredited and non-accredited courses and the providing of relevant resources such as residential and mentoring courses.

  4. Encourage and partner with similar organizations and works in other parts of the UK.

Our five strategic goals are to:

  1. Resource Evangelism

  2. Resource Discipleship

  3. Equip SWYM trainees

  4. Equip SWYM Ministry Partners

  5. Build Solid Foundations

2.3 Goals

Over the next ten years we have set a target to grow a community of 300 youth children and family workers (YCF), which includes100 full time trainees, supported by SWYM.

To achieve this over the next three years we have goals to grow our number of full-time trainees across the region to a total of 60. We are aiming to launch a new community for YCF workers across the region for support and to provide inspiration. This has begun as a pilot in 2025 with a group of 19 workers.

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South West Youth Ministries

Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

2.4 Strategies

The main strategies for achieving the above objectives are:

  1. Equipping SWYM Staff with the tools and experience to act as a resource for local churches & projects

  2. Developing Cluster groups as a support to local work providing training, networking and idea sharing.

  3. Acting as a recruitment provider for local churches and projects enabling them together to support a trainee

  4. Developing an excellent training program that is relevant and provides accredited qualifications

  5. Support, organise and develop camps and events for children and young people that are relevant and a resource to local churches

  6. Ensuring that the ongoing financial stability of SWYM is maintained, monitored and developed

When planning our activities for the year the trustees have considered the Commission’s guidance on public benefit, and particularly the specific guidance on charities for the advancement of religion. To this end we are working hard to ensure that the work of SWYM will prove productive in ensuring that as many young people as possible in our region will have opportunity to witness genuine Christian faith lived out in their school and community. In planning our projects and activities the trustees have complied with their duty in section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission.

3. Achievements and performance

3.1 Activities during the year

As we reflect on another academic year in SWYM there is much to be thankful for with significant growth in several key areas of our ministry.

A significant piece of work has been the development of the 360 Community. Flowing out of the ‘Mapping the Landscape’ Research we conducted in 2021 we have run a pilot year through 2025 with 19 YCF workers from across the region. The launch took place in January with a 36-hour retreat that was well received and flowing from that we launched a menu of support to include weekly online call-to-prayer moments, learning communities, small groups, annual conversations with line managers, workers and more. The feedback from the 19 has been incredibly positive with most signing up to join the full launch in January 2026. During the year we also attracted interest from church denominations and have managed to start some partnership conversations to encourage churches to build 360 Community into a CPD package for new workers. We have over 80 workers signed up to start in the full launch which shows the need for this, and we are encouraged by this new ministry possibility for SWYM.

We have entered partnership with neighbouring Church of England Diocese’ across the region. Although we work across all denominations and have a unity agenda it has been great to get alongside local Diocesan staff to explore how we might help provide training from clergy right through to young leaders. We now have a formal partnership with Exeter, Truro and Bristol

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South West Youth Ministries Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

Dioceses which has been an exciting new development releasing staff to explore youth focussed work as well as other areas of their ministry.

SPREE SW was once again a huge highlight of the year. It has continued to grow and this year 2625 delegates attended with a team of 250 so nearing 3000 on site. To have over 100 groups representing over 135 churches across the breadth of the region was brilliant. We have gathered so many stories of transformation that occurred over the weekend from children and young people making decisions to follow Jesus for the first time, through to making decisions to get baptised or even to commit to run a youth alpha with their peers in their schools.

We continue to recruit and place trainee youth and children’s workers across the region with a good intake of workers in September all completing the year with a significant number staying on for further training. We have developed a new stream for worship leaders who will be working with children and young people but also focussed on worship leading. We are working with several partners to deliver this aspect and have developed curriculum ready for a September 2026 launch.

We continue to partner with Lee Abbey for the delivery of our conferences and with Moorlands on the degree provision. There has been opportunity to work with Moorlands and provide for several students to move across to SWYM to complete their studies as their accrediting body had shut down.

Smaller camps and events continue to be a prominent feature of our work with Activate camps for around 30-40 young people being run throughout the year. These camps are designed for young people willing to explore faith within the context of an activity they are passionate about. We ran Live Football, Into the Wild, Geek Factory and for the first time an all Girls’ camp called ‘Made for More’. TAG (Transforming a Generation) had a fruitful year with a packed conference in November leading into TAG Pioneers, for young leaders, to grow through mentoring and teaching. During the year we have seen significant increase in numbers in this area and have been further encouraged as several individuals move to our gap year training module. This is an area we wish to develop further over coming years.

Lastly, we gave our support at other camps and festivals over the summer including Satellites, Creation Fest and Devon Christian Youth Camps.

4. Future plans

For 2025/26, we look forward to continuing to serve local churches across the SW as they seek to reach out to children, young people and families.

The focus for this academic year is the full launch of the 360 Community in January 2026 with up to 100 youth workers joining the project. We are excited to see how this community might bring connection and collaboration and go on to impact the spiritual health of leaders as well as the longevity of their ministry. We will be adding new resources that will include coaching and line management training as we seek to deepen partnership and work together with denominations developing the community.

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South West Youth Ministries

Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

TAG (Transforming a Generation) will be further developed over the year. The Conference had sold out before the end of the previous academic year, many months before the event was to take place. Consideration is being given to running it more than once or expanding to a bigger venue. On top of this TAG Pioneers will be rebranded as TAG Young Leaders and we will be exploring partnership with camps/events and denominations to try and roll out this resource to a wider audience.

leaders from across the region. As a development for 2026 we are exploring the need for a new acute additional-needs venue at the festival, with the potential of a special parent/carer village on site. Other ideas being explored include youth and kid’s devotionals to follow the event and the implementation of key safety changes considering the upcoming Martyn’s Law roll out in 2027 for events of over 800 people.

Urgent attention is being given to working with churches, with prayer, to recruit 30 new ‘Be Transformed’ trainees to join us to be based in churches and projects – There was much interest from people at festivals/camps over the summer so we will be doing all we can to see growth in this area during the year ahead.

Finally, the ongoing work of small scale camps and events and serving of local churches remains the bedrock of our work and we will continue to come alongside, encourage and support churches, workers and volunteers in these settings to reach and disciple the upcoming generation.

5. Financial review

The charitable company shows a surplus in the year of £21,388 (2024 – £32,751).

Total income increased by 6.4% compared to 2024 with all income categories showing increase.

Total expenditure increased by 8.5% compared to 2024, with increased costs in all categories. Within that total Employment costs increased by 13.7%. Management and administration costs continued to remain stable.

The charitable company’s funds therefore totaled £562,156 at 31[st] August 2025 of which £175,444 is held in restricted funds .

5.1 Reserves Policy

Unrestricted reserves totalled £184,835 (excluding fixed assets) at 31[st] August 2025. This covers between 9 and 10 months unrestricted employment, management and administration costs.

It is the trustees decision to hold 6 months of employment, management and administration costs. However running the SPREE camp requires short term cash resources and it is prudent to maintain a healthy level of free cash flow to facilitate our needs.

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South West Youth Ministries

Trustees' Annual Report Including Directors’ Report For the Year to 31[st] August 2025

6. Trustees and Volunteers

The trustees, who are directors for the purpose of company law, who served on the Board during the year and up to the date of this report, are set out on page 4.

We wish to acknowledge the very valuable contribution made by all our volunteers. Without the help and support of this team we simply would not be able to achieve all that we have achieved.

7. Statement of Trustees’ responsibilities

The trustees (who are also the directors of South West Youth Ministries) are responsible for preparing the annual report and the accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company for that period. In preparing these financial statements, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report, which have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, was approved by the trustees on 21 January 2026 and signed on their behalf by: Joel Preston

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South West Youth Ministries Independent Examiner’s Report

For the Year to 31[st] August 2025

Independent Examiner's Report to the trustees of South West Youth Ministries

I report on the accounts of the charity for the year ended 31 August 2025 which are set out on pages 11 to 18.

Respective responsibilities of trustees and examiner

The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW. It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me a reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

………………………………….. Mr W Boyd ACCA Easterbrook Eaton Limited Independent Examiners Cosmopolitan House Old Fore Street Sidmouth, Devon, EX10 8LS

8[th] January 2026

10

South West Youth Ministries Statement of Financial Activities

(Including Income and Expenditure Account)

Year Ended 31[st] August 2025

Unrestricted
Funds
Note
£
INCOME FROM:
Donations
14
96,948
Charitable activities
15
246,049
Investment income: Bank interest
7,306
_
TOTAL
350,303
_
EXPENDITURE ON:
Raising Funds: Expenditure on raising donations
-
Charitable activities
16
335,004
_
TOTAL
335,004
_
NET INCOME/(EXPENDITURE)
15,299
TRANSFERS BETWEEN FUNDS
10
(975)
NET MOVEMENT IN FUNDS
14,324
RECONCILIATION OF FUNDS:
_

TOTAL FUNDS BROUGHT FORWARD
372,388
_

TOTAL FUNDS CARRIED FORWARD
386,712
____
 Restricted
Funds
£
126,456
224,790
-
_
351,246
_
-
345,157
_
345,157
_
6,089
975
7,064
_

168,380
_

175,444
____
 Total
Funds
Unrestricted
2025
Funds
£
£
223,404
53,161
470,839
269,296
7,306
6,060
__
_
701,549
328,517
__
_
-
-
680,161
342,975
__
_
680,161
342,975
__
_
21,388
(14,458)
-
(3,207)
21,388
(17,665)
____
_
540,768
390,053
____
_
562,156
372,388
____
____		 Restricted
Funds
£
134,341
196,691
-
_
331,032
_
-
283,823
_
283,823
_
47,209
3,207
50,416
_

117,964
_

168,380
____
 Total
Funds
2024
£
187,502
465,987
6,060
_
659,549
_
-
626,798
_
626,798
_
32,751
-
32,751
_
508,017
_
540,768
____

11

South West Youth Ministries Balance Sheet

As at 31[st] August 2025

Note At 31st At 31st
August August
2025 2024
£ £ £ £
FIXED ASSETS:
Tangible assets 6 201,877 210,695
CURRENT ASSETS:
Debtors 7 33,322 50,786
Cash at bank and in hand 369,021 304,350
_ _
402,343 355,136
LIABILITIES:
Creditors:
Amounts falling due within one year 8 (42,064) (25,063)
_ _
NET CURRENT ASSETS 360,279 330,073
__ __
TOTAL NET ASSETS 562,156 540,768
__ __
THE FUNDS OF THE CHARITY:
Restricted Income Funds 10 175,444 168,380
Unrestricted Funds 386,712 372,388
__ __
TOTAL CHARITY FUNDS 562,156 540,768
__ __

For the year ending 31[st] August 2025, the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The notes on pages 13-22 form an integral part of these accounts.

Responsibilities of trustees

These financial statements have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS 102 and were approved by the trustees on 21 January 2026 and signed on their behalf by:

Joel Preston, Chair of Trustees

12

South West Youth Ministries Notes to the Financial Statements For the Year to 31[st] August 2025

1. Accoun2ng Policies

a) Basis of Accounting

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts. The financial statements have been prepared with the Statement of Recommended Practice: 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) (effective 1 January 2019) – (Charities SORP (FRS 102)) and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The financial statements have also been prepared with the Charities Act 2011 as amended by the Charities Act 2022 and the small Companies regime (section 419 (2) of the Companies Act 2006.

South West Youth Ministries meets the definition of a public benefit entity under FRS 102.

b) Tangible Fixed Assets

Assets costing less than £500 are not capitalised and are written off at the time of purchase. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over their expected useful economic lifetime at the following rates.

Freehold Property – 2% on a straight line basis Fixtures and Fittings – 15% on a straight line basis Computer Equipment – 33.3% per annum on a straight line basis Motor Vehicles – 25% per annum on a straight line basis

c) Debtors and Prepayments

Debtors are recognised at their cash value expected to be received. Debtors include grants that are recognised as income as per the conditions of the Charity SORP and training fees invoiced for the next financial year but not yet received. The gift aid debtor is recognised and included as income when there is a valid declaration from the donor. Prepayments are valued at the amount prepaid net of any trade discounts due.

d) Cash at bank

Cash at bank includes short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

e) Creditors

Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

13

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

f) Deferred Income

The charity has included training fees, camp fees and spree fees received in advance for training courses and camps in the next financial year as deferred income.

g) Income

All income is included in the Statement of Financial Activities when the charity is legally entitled to the income, receipt is probable and the amount can be quantified with reasonable accuracy.

Donations are recognised when received by or on behalf of the charity. Gift aid tax refunds are recognised on a receivable basis. Gift aid receivable is included in income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

h) Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report

i) Expenditure

Expenditure is included on an accruals basis.

Raising funds is expenditure incurred on increasing the donation base of the charity.

Charitable expenditure is costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

j) The Funds of the Charity

Funds held by the charity are:

Unrestricted Funds

These are funds that are not subject to any restrictions regarding their use and are available for application within the charitable objects for the general purposes of the charity.

Restricted Income Funds

These are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for particular purposes.

k) Financial Instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

14

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

l) Going concern

The trustees consider there are no material uncertainties about the charity’s ability to continue as a going concern.

2. Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

3. Taxa2on

As a charity, South West Youth Ministries is exempt from tax on income and gains falling within sections 466 to 493 of the Corporation Tax Act 2010 to the extent that these are applied to its charitable purposes. No tax charges have arisen in the charity.

4. Employment Costs

Total remuneration for the year amounted to £326,490.

Gross salaries amounted to £283,421. Employer NIC (less £10,500 employment allowance) amounted to £16,357. Pension payments amounted to £26,712.

There were no employees with remuneration above £60,000.

The average number of employees for the year was 15.

Gross salaries remunerated to key management personnel totalled £41,740. Employer nic for key management personnel totalled £3,291. Employers’ Pension costs for key management personnel totalled £1,758.

5. Trustee’s Remunera2on and Expenses

No remuneration directly or indirectly out of the funds of the charitable company was paid or is due for the year to any trustee or to any person or persons known to be connected to any of them.

No reimbursement of expenses in respect of services provided has been made or is due to be made to any of the trustees in respect of the year.

The charity’s insurance includes trustee indemnity insurance.

15

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

6. Tangible Fixed Assets

Freehold
Property
Fixtures &
Fittings
Computer
equipment
£
£
£
COST
At 1 September 2024
238,028
15,207
7,136
Additions
-
1,783
3,045
_
_
_

At 31stAugust 2025
238,028
16,990
10,181
_
_
_
DEPRECIATION
At 1 September 2024
37,947
10,436
4,239
Charge for year
4,761
2,548
3,391
_
_
_
At 31stAugust 2025
42,708
12,984
7,630
_
_
_
NET BOOK VALUE
At 31stAugust 2025
195,320
4,006
2,551
_
_
_
At 31stAugust 2024
200,081
4,771
2,897
_
_
_		 Motor
Vehicles
£
12,745
-
_

12,745
_
9,799
2,946
_
12,745
_
-
_
6,946
_		 Total
£
270,769
4,828
__
277,944
__
62,421
13,646
__
76,067
__
201,877
__
210,695
__

7. Debtors

. Debtors
2025 2024
£ £
Grants & Donations 10,000 34,000
Training fees 11,557 9,241
Income tax recoverable (Gift Aid) 5,887 1,201
Other Debtors 1,038 1,993
Prepayments 4,840 4,351
______ ______
33,322 50,786
______ ______

8. Creditors: Amounts falling due within one year

2025
£
Payroll taxes and social security
7,346
Deferred Income
19,449
Other creditors and accruals
15,269

_
_
42,064

______		 2024
£
5,574
4,635
14,854
__
25,063
____

16

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

9. Deferred Income

. Deferred Income
2024 2024
£ £
Balance at 1stSeptember 2024 4,635 7,280
Amount released to incoming resources (4,635) (7,280)
Amount deferred in the year 19,449 4,635
______ ______
Balance at 31stAugust 2025 19,449 4,635
______ ______

10. Restricted Funds/Transfers Between Funds

Transfers
Fund From Fund
Balances Income Expenditure Unrestricted Balances
B/Forward Funds C/Forward
£ £ £ £ £
Wiltshire/Gloucstershire Area 69,394 20,000 (27,313) - 62,081
Evangelism Training 13,231 - (11,108) - 2,123
360 Community - 47,529 (27,015) - 20,514
Spree SW 71,820 249,710 (243,055) - 78,475
Training Videos - 2,500 - - 2,500
TAG 4,330 17,505 (22,100) 265 -
Guernsey 1,403 - (2,113) 710 -
Gathering 2,923 6,434 (6,366) - 2,991
Dorset 5,279 - (980) - 4,299
Ignite - 193 (129) - 64
Jonny - 7,375 (4,978) - 2,397
_ _ _ _ _
Total Funds 168,380 351,246 (345,157) 975 175,444
_ _ _ _ _

Wiltshire/Gloucestershire Area

Further grants totaling £20,000 were given alongside the brought forward amount of £69,394 to develop the charity’s work in the Wiltshire/Gloucestershire area. £27,313 was spent from the fund in the year. A balance of £62,081 was carried forward.

Evangelism

£11,108 was spent during the year on evangelism training. With the fund balance brought forward totaling £13,231, a balance of £2,123 was carried forward.

17

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

360 Community

Grants totalling £45,000 were received during the year, in addition to £2,529 other funds generated. £27,015 was paid from the fund, leaving a fund balance carried forward of £20,514.

Spree SW

Income received totaling £249,710 were given to cover the costs of this annual youth event. Costs of £243,055 meant there was a balance carried forward of £78,475 to be spent on the current year’s youth event.

Training Videos

A £2,500 grant was received during the year, leaving £2,500 fund balance carried forward.

TAG Project

Grants and donations, gift aid and camp fees totaling £17,505 were given towards this project in which SWYM provides young adults in the 17-21 age bracket with leadership training under the name of TAG (Transforming A Generation). Costs totaled £22,100. A transfer of £265 was made from the unrestricted funds as the costs exceeded the income plus £4,330 opening balance.

Guernsey

£2,113 was spent from the fund in the year, clearing the opening balance of £1,403, with a transfer of £710 from the unrestricted funds.

Gathering

Camp fees received in the year totalled £6,434 with costs of £6,366, leaving a balance carried forward of £2,991.

Dorset

£980 was spent in the year from a brought forward balance of £5,279 to develop the charity’s work in Dorset.

Ignite

Grants and donations totalling £193 were given during the year. Costs in the year totalled £129.

Jonny

Grants totalling £7,375 were received during the year. Costs incurred by the fund totalled £4,978, leaving a balance of £2,397 to carry forward.

18

South West Youth Ministries

Notes to the Financial Statements

For the Year to 31[st] August 2025

Previous Year

revious Year
Transfers
Fund From Fund
Balances Income Expenditure Unrestricted Balances
B/Forward Funds C/Forward
£ £ £ £ £
Wiltshire/Gloucestershire Area 76,173 26,000 (20,779) (12,000) 69,394
Evangelism Training 8,373 - (7,142) 12,000 13,231
Sport 40 - (220) 180 -
Spree SW 7,168 270,801 (206,149) - 71,820
Activate Residentials etc 10,176 - (11,539) 1,363 -
TAG - 14,645 (10,315) - 4,330
Live Football 1,327 1,500 - - -
Guernsey 4,012 6,000 (8,609) - 1,403
Gathering 1,695 1,386 (158) - 2,923
Dorset 9,000 - (3,721) - 5,279
Trainees - 8,700 (9,700) 1,000 -
Truro Diocese Research - 5,000 (5,491) 491 -
_ _ _ _ _
Total Funds 117,964 331,032 (283,823) 3,207 168,38
0
_ _ _ _ _

11. Analysis of Funds

11. Analysis of Funds
Unrestricted Restricted
Funds Funds Totals
£ £ £
Fixed Assets 201,877 - 201,877
Current Assets 200,295 202,048 402,343
Current Liabilities (15,460) (26,604) (42,064)
_ _ _
Net Assets 386,712 175,444 562,156
_ _ _
Previous Year
Unrestricted Restricted
Funds Funds Totals
£ £ £
Fixed Assets 210,695 - 210,695
Current Assets 168,589 186,547 355,136
Current Liabilities (6,896) (18,167) (25,063)
_ _ _
Net Assets 372,388 168,380 540,768
_ _ _

19

South West Youth Ministries Notes to the Financial Statements

For the Year to 31[st] August 2025

12. Related Party Transac2ons

There were no related party transactions during the year.

A total of £4,505 donation income was given by trustees and related parties without conditions during the year.

13. Accoun2ng & Independent Examina2on

£1,540 was paid for the charity’s independent examination in the year which included an element for accounts preparation.

20

South West Youth Ministries

Notes to the Financial Statements

For the Year to 31[st] August 2025

Total Total
Note Unrestricted Restricted Funds Unrestricted Restricted Funds
Funds Funds 2025 Funds Funds 2024
£ £ £ £ £ £
INCOME FROM:
14. Donations
Grants and Donations 92,661 124,756 217,417 50,311 134,051 184,362
Gift aid tax refunds 4,287 1,700 5,987 2,850 290 3,140
__ __ __ __ __ __
96,948 126,456 223,404 53,161 134,341 187,502
__ __ __ __ __ __
15. Charitable activities
Training fees 226,569 - 226,569 252,671 - 252,671
Camp fees 10,034 11,739 21,773 6,320 14,531 20,851
Spree fees - 210,522 210,522 - 172,101 172,101
Book sales 904 - 904 6,778 - 6,778
Miscellaneous income 8,542 2,529 11,071 3,527 10,059 13,586
__ __ __ __ __ __
246,049 224,790 470,839 269,296 196,691 465,987
__ __ __ __ __ __
EXPENDITURE ON:
16. Charitable activities
Employment costs 4 184,117 142,373 326,490 197,583 89,447 287,030
Staff costs: travel and subsistence 17,035 1,860 18,895 15,886 870 16,756
Staff costs: training fees 3,326 - 3,326 1,902 - 1,902
Subcontractor costs - 14,003 14,003 - 10,333 10,333
Camps, conferences and events
Accommodation, fees and other costs 4,845 16,280 21,125 9,215 10,780 19,995

21

South West Youth Ministries

Notes to the Financial Statements

For the Year to 31[st] August 2025

Total Total
Note Unrestricted Restricted Funds Unrestricted Restricted Funds
Funds Funds 2025 Funds Funds 2024
£ £ £ £ £ £
EXPENDITURE ON:
16. Charitable Activities (continued)
Youth Programmes and training
Spree expenses - 170,641 170,641 - 149,164 149,164
Accommodation and food 64,398 - 64,398 66,216 - 66,216
Accreditation 2,700 - 2,700 2,700 - 2,700
Advertising and recruitment 4,499 - 4,499 5,188 - 5,188
Resources 469 - 469 515 - 515
Speakers fees and travel 6,495 - 6,495 6,003 - 6,003
Other training expenses 3,271 - 3,271 3,148 9,000 12,148
Book expenses (costs of sales) 410 - 410 4,270 - 4,270
Management and Administration
Repairs, maintenance & equipment 4,778 - 4,778 1,297 520 1,817
Heat, light and water 1,668 - 1,668 2,791 - 2,791
Telephone & Internet 728 - 728 684 - 684
Website 511 - 511 129 - 129
Office supplies 1,844 - 1,844 1,790 - 1,790
Professional fees - - - - 2,187 1,790
Postage and delivery 114 - 114 73 - 73
Software 993 - 993 379 - 379
Insurance 4,733 - 4,733 3,551 868 4,419
Motor expenses 621 - 621 851 - 851
Miscellaneous 3,425 - 3,425 3,682 - 3,682
Bank & Stripe charges 8,838 - 8,838 699 6,954 7,653
Gifts & Donations - - - 239 3,700 3,939
Depreciation 13,646 - 13,646 12,604 - 12,604
Accountancy & Independent examination 13 1,540 - 1,540 1,580 - 1,580
__ __ __ __ __ __
335,004 345,157 680,161 342,975 283,823 626,798
__ __ __ __ __ __

22