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2020-09-30-accounts

IL young if@ International IA db•rltabl• wmp•ry Ilmll•d ty y￿ra￿tI•) ANNUAL REPORT AND GROUP FINANCIAL STATEMENTS FOR THE TWELVE MONTHS ENDED 30- SEPTEMBER 2020 Compary Nwnb•r. Charity Number IEnqlarnl and W•les): (￿lIty Numbw ISCOdand￿. 4364093 1090515 SC043473

Youry Ilh lfflemètl0n￿-Aftn￿1 Report and Group Fift￿¢{al Statements For the Ye•r Ended * September 2010 RefererKe •rnl •dmlnlstrntI￿ dela115 3-12 13-15 16 17-18 19 Notes to Il IIMnd•l st•temnts 20-36

Young Lwe Intematlonal- Afin￿l Ileport and Group Finand•l Ststemenls For ihe Year Ended 31P Seplember 2020 REFERENCE AND ADMINISTrATIVE DETAILS Paul SherrMI Sundeep Salir Liam Mtcormkk Paul Woodman {Chalrni•nl Brooke J01K￿lOn {•ppoknied 18 Mty 2020 Sonla Mawhlnney Benedict Sutton Kestln House 45 Cxescent Road Luton IU2 IXIH AEGISTERED 14UMBER&. Company. 4364093 Charlty {Erql￿ and W4les}: lo￿515 char￿ (SC¢ttsr￿)'. SC043473 AUDffOL. Mercer & Hole Batchw(wlh House 8aich¥nvth Place Churth Street RKkmansworth Hertlordshire WD3 UE W4KER5: CAF 8ank itd 25 Kin￿ Hlll A¥enue Kings Hlll West Mallln8 Kent ME19 4JQ Unlted Trust Bank One Ropernaker S¢reet EC2Y 9AW Reference and Administratl¥e Details

Youn8 Llfe Intemètlonal- Annual Rem and Group Fln¥Klal Statements For ihe Year Ended 3(ft September 2020 ThUSTEES' ANNUAL REPORT FOR ThE YEAR ENDED 30 SEPTEMBER 2020 The tru5tee5 present thelr rep(Kt and thè a￿Itted flnandal sLgtemonts of the 8roup and chartty for the year ended 30th Septembef 2020. whSch are also prepared to meet the requirements for a dlrectorf report and accounts for Companie5 Art purposes. The trustees have adopted the provisk>ns of the Statement of Recommended Practke ISORPI 'Actountlng and Rewlrtlry ty Charitles,: Statement of Recommended Practke applicab￿ to eh•rltles Fveparln8 theFraccounts In accordance wlth the Flnancial Reytlng Standard applkaNe In the VK and Rewblk ot treland IFRS102) leffertl¥e Istjanuary 20191. The oryanisatkffi is a charltable Corn￿ry Ilmlted by 8wrantee. Incorporated on 3111 January 2C02 and registered as a charfty kn England and Wths t)n i ith Febfuary XX)2. Thèoryanlsailon was also ro8lstered wilh the Office of the Scottlsh C￿lItIeS Regukntor on 8th Octobu 2012. The company was i￿Orporated under a Memorandum ol Assocktion fthich established the objects and w)wers of the charitable cornpanyand is8iY4erned undef Its Artkles OfAs￿latIon. In the event of company beln8 wound up. membws are required to coThtrMrte an wnowl not exceedlne £1. Trustees are usually ap￿¥1n1ed for a perlod ofthree years. The n￿)ber of trurtees ¢bsest to one third retlre by slrlrt rotatiw and. belry elelble. rnay offer themselves fer re*le¢tlon at the nexl meetlng of the board oftrustee& Care 55 taken ￿ •n5we th•t the bo•rdoftruste•s ind￿leS experience In fi￿ntI•l, legal and other relev•nl fiekls. Paul Sherrill Sundeep 5•1kns Llam Mccorrnick Paul Woodman (Ch•lmHn) Brooke Johnston IAppolnted 181051X)) Matthew Whittaker IAppolnted 31101m, resb)ed IWW20) Inductk>n and Tr4kn1ry of Trus1••1 New trustees are ghtn an intrpd￿I￿ to the of the tharty by ihe ch•brnwn of the irustees and the executive team. Trustees are kept Infom)ed thrO￿h regular Internal reports {lncl￿dIn8 flnènclal reports) and sarnp￿ of printed materlal. All trustees are erKour4ed to Vi51t the activities of the charity a5 well as attend events that the oryani5e& •ppointment trustees are Inf￿Med of thelr obli8ations in law as a trumee of a d4rity. and awe encour4ed to acquaint themseP¥ts with the publirations and 8uidance wailable from the Charity C(wnmi$5KIn. Tn￿te?< Annual Report

Ule Intorn•t¥)bMI- Annu•l Al￿>rt￿nd GID￿ lknTh15rements For the Yèw En(Itd 5epiwnber l(110 The board of trustee5 meet at least ￿1(e 3 ￿•r ond oversee flnance5. the present work and the future development of the chaTity. They have regwd the advice of the executive team. to whom the m•na8emEnt ofthe w¢)rk ol the ¢h¥rty •nd the d4Y-to4•y oper•tional deci51ons h•ve been delegated. The remuneratlon of Ihe executive team Is apprtr￿d by the Irt￿teeS and Is reviewed annual￿ and nomially incre•sed in accordance with averase earniny. The berKhrnark the executive team pay ag•lnst pay le¥els In other chathin of a slrnilar sile and ivtty lo ensure Iha¢ the remuneration set Is falr and •p￿0PrI•te. The remU￿rnI￿)n of •ll other staff is •ppro¥ed ty ihe execuil¥ team wlthln annual p•Trmeters set by the trustteL The oxtrutr•Y tewn wi¢hthow from d15CU551on of thelr own tern￿ of sefvlce. The trustees h•ve re¥wed Ihe tharlty Goyernance Code, pubtsshed In 2017 by the extefnal Good Go%rTnance Steerin8 Group txmly. The Code centres •round the principles of oryanisaiional purp05e' le•dershlp: Inte8rltr. deds10￿Mak1ffj risk •nd control: Ix>wd eflectS¥enus,' diver5ity.' opennes5 and Kcountaknllty. The tntsiee5 I￿ e￿)Ur4ded t￿1 ihe Code affinn5 many 8ty4ernance prlrKlples thal already underpin the way Youry Llle Internatjonal operates. and tht prlnclples of the tsde form the basls of 0ft8oln8 govern￿e de4eWMnt wtthln Youry Ult IDternalional. The Trustees rec£wilieth•t thty ¥e ￿lImIte1¥ rtsponslblè fow rlsk m•Tr4ement •nd the effecllwdness of the Intem•l control wocesses of Lffe Int¢m41k)n•l. The ffl•￿r ri5ts lo whlch Youn8 Llfe Internatlonal Is exposed. as 5dentblled IV the Trnsteek •re rvlewed reeubrty, and we are conilnuousfy ImprcNln8 our systefns and proredures to manage ihem. The Board of Trustees has consldefed and •ppro¥d the rtsk appetlte and f15k marO8￿t frwnework OfYou￿ Ule lfilernJilonol. It has char8ed the execut1￿ team wlth the tssk of ensurin8 that interMI controls and the e¥posure io rlsk Is re¥bewed on a regular t￿1$. who ale supported ty prolesslonal advlsers as opproprlaie. The systems and Pr￿ed￿re5 ofYounÉ Life Int￿nat•D￿j ire de￿ned to inlorni and man•%e flsk and to pro¥kle reasonatAe assurnnce ayinsl matth•l mlsststernent or10ss. Senlor management ensure that the cutture and wttess ol risk mon4erneTht are opwowlately embedded across the organisation thfouKh ihe effert￿ Smplementation ol PDlkies and pr<)cesses. fti5k re8iMers have been developed al cwporate and funttional to lftfwn the •pwoK15 of mlti8at&w ow Strate¢￿ oper4tlonal fiTranclJl and cornpliance rlsks. Rlsk (e¥lev￿ are c¢)nduded re8ularfy, and the In￿ee$ consider that there are no major risks ¢0 the chall￿5 continued operatlon5 in the foreseeable future. campi￿ and seNice PToJects are rnajor costs. but the bulk ol tarnpln8 fees come frorn ieenys tskln8 part whth mlnlffllses the fi￿nd)I rlsk. Oonollons are a substantlal part ofthe charivs Income. These arE prlmarity from a wlde range of small donofs mak•Tr& regulai donations whlch minlmlses the rlsk ol a sudden drop In Income. The chailty h45 ¢ompleted a comprehensi¥* review of its wli(ies and procedures Ind witl U￿sale ihem periodicauv.

YOU￿ LIIE Intern•twMI-Ami￿I Report and Group Flnanclal Statennts For ihe Yèar Ended 3(P September 2020 Rlsk M•n¥efflent Irwilnu•d) oiher ylncipal rlsks to the Charlty Include.. The effects of the CO￿.19 pandernk Ind rnl•t•d recesskn. •sptt1a1￿ the risks of further rinanci•l Ile£llne, ￿tInUed dhruptlon to the Pfo¥lskni of youth mln5rtry se¥vke5, mentsl health. and uncertalnty fatliue. Data breaches & re￿I￿ory clyn￿anCe. the C￿rIty h•$ onducted • comprehefislve Internal data audit and is implementiry a mukl-year proaramme of technkal, procedural and or8ani5atlonal UPdrades to strenithen Its GDPR compll•nce; Safe8uardln8 •lle8atkxts: the Chlld Proleclion & Safe8uardin8 Polky has been comwehen5fvely revie•4ed and republlshed In Ilght of chan8Sn8 legislat￿n and safe8uNrdin8 risks; Staff retention: Ihe Char￿$ HR polkles afe belw mlsed to considef hDW we can best tsk• care otmff and ￿taIn a deep ulent ieiiiL ObJertl¥ts and Actlvl The obiects, for whlch the Charrty ts estsb115hed. ￿ stated In Its Memorandwn ol Asslxlatlon. are the advan￿ment of Chrlstianity amon8 thlldren and youry people by the promotkn ol an evangelistk Christian te511rnony In the Unlled Klrydom. The Charlty works wlth young people. tyally aged between ebeven and ehteen. across England. Wales, Scoiland and Northern Ireland. Youn8 Lrfe International en8a8es with yY>un8 people acfOSS the UK to provide hope. meanln8 and purpose. Through "contart worv Ic¢Ynrnunlty detached work). re8ular youth clubs, summer c•mps and overseas mlsslon trlps. we draw alon8slde yours pe relatlonally. eaffl thè rlght to be heard, and share the iransforniir8 message of jesus with them. However they choose lo respond. we walk alongside them ihrou8h the ups and downs of teena8e Ilfe in modern Britain. wheiher that's In pjrarnililary cornrnunltles In Northern Ireland. w(Ykin8 With teen•8e mums In Dundee or chlldren of Hlgh Net Worth fafflllles in expat communltles on the outsklrts ol Londm. We provide stable pstor•l and splfllu•l supw¢ lor teena8ers as they thr04¥h adoleKence, and help them face 5ssues such as mental he•tth. tWI￿.n& the d•n8ers of 5(Ktal rnedia. challenging fami sltuation5. akohol. drugs. teenay pregnancy. raclsm and youth crfme. We find thai all the young people we serve ha¥ 4 deep longin8 for Cari￿ adults who take a genuine interest in their needs. We work dosely with ltscal churches and help yovni people who find tsith throuih our rninistry to get pIu88ed Into kKal w(Yshlpplr4 COn8Te8atlons that can help them develop along thelr Chr15tlan journey. Tru51ees. alon8w51h the executi￿ team, ha¥e referred io the CharityCommSsskn's8eneral 8uidance on publk benefit when rev6ewin8 the charitable aims and obRctl¥es and in plannin8 future artivitie5. In partlcular, the tru5teu Gonskler Iw planned artr41t￿5 wiu ￿ntribUte to the aims and objectives they have set. Ta￿tee5. Annual Report

YOU￿ Llfe Internallonal-AMval Report and Group FIrw￿l•l 51aiements Forthe Yai Emled 30 5eWemtw Achlevements and Perfornwnce Th• stren8th of our mln15try depnds oh ihÈ stYÈn8th tsl (￿r ¥oluht@vs. In Febmary. we ran a hu8e 5urce55ful tralnlns 172 vl tht adults whv >wYe yuun¥ pE0￿C ihioush Youn8 Ule Internatlonal throughout the UK. Throu8h Biblkal teachin& seminars and prover 5e5sion5. the event empowered the Charivs grassroots ¥olunteer leakn ind local commlttee mefflbef5 wlth purpose, vlslon and encoura8emeni. We see every day how tl Is all too easy 10 search lof lulfilment in Ihe wron8 places. Reports made to our chikl protectlon ieam of e￿eMaI sale8uardinB iS5¥Je5 invofving Young Lile teenaBers have grown 17% year-onear the last five ￿ars. with su￿￿le. self.harm and sodal media related eas making up over one Ihlrd of our chlld proieclion ca5eloal. When youn8 people have been al 8Teaies1 flsk of surrendering iheir life or thelr dlBnlty. TAe ha¥e been ihere to help tlm suThi¥e. lauah and flour15h throughout 5elf4solallon. When lockd(y•m hlt, we sthited swlftly fTom In-PErson io tmlkne yijuth 5Esskms and have ielenilessly 50u8ht creatNe ways to engage with youn8 people in a COVKI ccvnpliani manner. As Government re5trictbJn5 have varled. our •pproach to enablin8 mlnlstry has centred around ￿refvI flsk assessmenL de•r comrnuTricJthM and Cfearf¥e soluth)ns. We ha to eelebrtè: We had zero Out￿￿kS of Cry•&19 ot our •ctMtte5 lo date. We We￿ early adopters ol online youih clubs, and within the first 6 weeks of lockdown we'd ramped up weekly youih 8aiherln8s to 25% abo¥e pre.kKkdown levels by usinA digital pl•tfornis. Although we had to cancel residential carnps lor the first tirne in our hlstory, our staff were hugety crealive in devising a mix of online and onlinelin-person blended experiences for you people to engage wiih. I￿ludI￿"carnp in a bai" In Southampton. onllne day tamps Sn Scotland and an online discip￿ShIp.¢afflp. expÈrlL•nce atn>ss the UK. We have found teena8ers have tra￿ community rnore than ever. 'One of our more on the frlnges kids who comes sporndKalfy to club has lolned us every day at lunch Ilme lor our lunch club." We have enjoyed huie support from parents, 'Pafents hm sald it was 8reat to hear thelr klds tau8hln8 with friends a8ain." As we retlett on the upheaval that we have all faced acr(w 50 mary elements ofaui li￿$, we are partkularly 8r4teful tor ow staff. We e thankful thai: Onty a Very small minorlty of staff ha¥e beefi dlagfK•sed wfth Cl￿d.19. and am those affected have recovered viftlv. Our line managers have cared for our stsff and wpported thelr rnentsl health throughout $18nillcant changes in persortal aThl professK>nal lrfestyle. Not a single employee has left due to the impact of Cthid-19. Our Operations Team have taken ITh the5r stride the challen8es of increased regulatory tompiiance In¥ol¥ed in Job Reientlon Scheme im*mentailoTr and assessire health and safety measures, whilsi keeping regular operational infrastructure running effectNety. The team was already well pTrctised in home workin& whlch has been a huge benefit under lockdown. All staff had the core digital infraStruC￿re ne￿Sary to work effertwety from home throu8hout lockdown. as wt reaped the bef￿1$ of our miaratbn to dotsd softwafe in recent years. Trust￿5. Annual Aeport

Youry Ule Internion41- Annval Rel￿ and G¢oup Flnanclal Stateffonts Fo¢ the Year Ended Jofv Septembei 2020 We had a smooth trans4tlon ol ￿aderShIp. desplte the appolnimeni of Sonla Mawhinney as our new UK Dlrertor cotncldin8 with the ouibreak of the Co¥id-19 pandemlc. Br+)oke Johnston. her predece550r. has taken over leadership of YOU￿ Llle aCfOSS the Europe dpiision as its Senior . Vlct Presldent. As part ol our respmse ￿ ihe Government's lockdowft •nnouncement In Mafch. we conducted 5¢enarlo planning that prolected losses of be￿eefi 7% and 39% 01 bud8eted Incorne the yearnd. Our xtual1055 a8alnst budget was £225.281. represent1￿ 16% 01 bud8eted Inco￿. We a¥olded the W￿$t•￿se xenarlo dut 10 • C4%nbin•tkn ol: The sacrlfke arKI cornrnitrnent ol our existtsry base of regular donors. who increased thelr 8p4ins by an •vera6e o116X: Succe55tul onllne fundralslre e￿ts. whkh h•l¥ed prolecled1055es •nlicipated un¢elled In-person lut)dr•i5in8 actfvities: Dlscbplined spendln8 cuts: and. AgplbUlion of the Governrnent'sjob Retent5on 5¢heme IJRS). At the start of the pandernic. onk¥ 6% of the funds of the Charity were both unrestricted and undesignaied. We focused on dose orea Iv4el financbèl mana8ernent. and whi15t this helped to lo¢allse and contain financial risK our lorylandin8 •rea driven fvndraisin8 •pproa¢h has limited the extent to whlch trustees can repurFAxe lunds w help afeas in fiMnclal need. Thro￿￿0￿ our iournty1tr4bnt arnldtt the reales of the Co¥ld.19 pandernlc. we have kept the needs of youn8 people at the centre of our focu% Every declsknn to cut OT FKY4tpone mlnistry provlsion was taken wlth a hea¥y heart. and driwen by realities at a local le¥el where we were either wevented from en8a8in8 Wlth youry people due to Go¥ernment restrictions. or fvnding had dropped off. We utilised the IRS In such &tuailons where the Stherne eN8lblllty crlterla applled. resuMln8 In 23% of staff belng put on furfou8h leave at least once wlthln the financlal year. Nevertheless. we Jre thrilled that In spite of s18nlficant challen8e5 at a kKal ￿1. we wefe ible th malntain 86% stsffini capacity ihroughout the slx months from the beginning of the first lockdown. We engaged wlth Gthornment In a consultatlon o%*r post.lockdown recovery for ihe tharitsble sector, and welcome recomrnendations from Danny Kneer MP for 8reater c4)operailon between fa5th communities and the wblk sertor In addre55iry bi8 social challen8es. Collaboration with technoloyi companies lo develop ¢harlll& dwtal InfraS￿re. and a new Comrnunity Recovery Fund to help revitali5e the sector. We continue to engage the Serv1￿ of a varth ol wofe55ionals to assist in the devek>pment of legal and adminislr•tive policles and procedures. the ￿u[se of the year. 5e¥eral key (werational and IT systems and procedures have been irnprtr￿. Trustees. Annual Reixxt

Youry Llle InternatlDnal- Annthil Aepon and Group fftan¢lal Slalements For ihe Year Ended ièmber 2020 Growth Perforniance Desptte the challenies pised ty the Cty41&19 p•ndeml4 the Chaflty c0ntyn￿d to Erow It5 mlnlslry across the UK: The average nurnberof youn8 people lttendlry club each week pre-covld grew h 20% to 861. The average number of YOU￿ peopk eniaged Sn "Campal8ners" Blble study groups skyrocketed to 315. a 40% rSse. rv￿r$In8 last yearfs 19% decllne. Covld-19 relaied restflction5 have helped thls tumaround. with YOU￿ peop More ealer than ever to dlscuss wlth thelr friends and leader5 what rnatters rnosl In Ille. 346 younÈ people participaied In some form of"camrf experlence. Includ1￿ 262 people who attended a creatlve alternatlNt undef Covid-19 restrlrtions. Althou8h thi5 represents a 60% drop Compared to last year. we are mlndfvl of the unprecedented clrcumstances and celebrate that each of these 346 young people took hold of the opportunlty to engage In fun, SUPFK>rtr4e. uplfftln8 ejtperiences at a tlme when they were tsclng so much lurmoll and urKert4lnty. The number of young people who wue lrnparted across all xtivlts •TrJ outreach Inltlatlves 8rew by 20% on l•st year to 5.119. Our bJ5e ofdevoled ¥olunieers irew * 19% to 281 across the U Flnanclal Revlew In the twentieth period of opeM•on th ch•rity re￿1%￿d fvNIs of £I￿21.640120l9: £1.869.181) of which É1.406,464 {2019: É1.243.4921 was raised as ¥oluntary Income. Emppnditure In the twelve month period wa5 £1,730.289 P019.' EW8I17). The th•flty Cl￿n￿e5 to be relhnt on the 8eneroslty ol Its supporter& Durln8 the period the chorityempjoyed fifty.se¥en full •nd part-tSme staff. enpyed ihe services of seven Young Life {USI expatriate employees and utilised servlces of financlal. le8al and IT consultants. The tharity 15 also heavity rellant on the goodwill and the vèrfety of skllLs dernon5tfated by its many ¥olunteeT5. The net result lorthe wasa 5wpIus of£91.35112019: £9,636drfKIt) resuldnl In a bahn(e orrled forward of E373.￿212019.' E282.451). TNS bal•fice Includes E119,39512019: £121.608) In restficted Ufe Intefnatlonal m•de donations to Youry LKe US of £235(M)12019: £41.719) dwlng the peritsj. The Key management personnel of the charity conyise the UK Olrector and the Operatic*ns Man•8er. Thelr remuneratK>n 15 Set In Ilne wlth rern￿era￿ for simllar roles other dwritable Ofaanisatlons. Thetrnstee5 do not Includefunds held a5 fixed a55etswhen ￿kU￿￿11heIeI￿ ofre5efvestl￿enèbll the board of trustees to truty reflert the value of free reser¥es in the accounts. Tn￿tee5. Annual Repgrt

YouTha Ule Inl•fnatlonal-Annual Report and Gfoup Fln•nchl suleff￿1$ For the Year Ended 3￿ S•pt•rnber 2020 The Charlty has a Reserves Polky to prom¢fft sound flnandal stow•rdshlp. bulld Its rtslllerKe and enable to thrl¥e In ihe years ahead. In Kcord•rKe wlth Charlty Clxnmlssbn iuldelin•s. The Polky seek5 to 8uard •8alnst materlal InMm• lom ¥nd to pl•th for the worsl-w s￿narIO ot a maJof Sn¢orne fall that woukl necessitste closure of the Charlty. The approath ftxuses on kxal financwl steward5hlp, wlth each area ol the Ch•rlty chv8ed wlth Its funds and encour4ed to ha¥e In reserve an amount equk•lent to b•tw¢•n ihfee and slx rnonths Unrnslrkted expendSture. The sum ot area le¥el feserle requlrements equate to the reserve requbrements for the Ch•th as • whole. Based on thls twel¥trmonth perknd, th• Qwltys tar8et reserves rar8e would have been £350.L￿ to £71h),iXM). Not¢ that the free Keser4es are £193.61AI12019: £74.3401. Note thol beuuse of the lo￿l￿ed foser4eJ model. Ihe a¢tual free reser¥es fyure tsKkpJes funds (swed at a l(Kal area level Ih•t are not Immed￿lety avall•ble to be repurposed. Dtsptte thls Ilmbtsilon, the trustees are satlsfied ihat the Ch•rlty h•ld pn￿nt berfel of Ktual re5eThs al the yearnd. In ¥lew of the chaljerrfes and uncertalnties that Ile In the year ahead. The trustees rryjlwty monltor feser¥es levels thro￿ e•th fln•ndal year. The Chath Is hea¥lty rellaftt on donatkms frnm the yneral publk. Many supporters of the Charlty donate regularly ¥la siarMltr¥wkn. Th55 ww4ldes * Str￿ and stable base for future development. The rema1n1￿ donated Inco￿ fr(Th ad4￿¢ don•tions and other fundiry souices wh•ch includes Brants from th•ritable tnJstkThe c￿lIty seekstornaxlmt5e tl potentl•l ol donated income tysecurln8 8fft ald dedarakn where I￿ssIble. whkh Increases the value of the domtlon ty 25%. Whlle thefe Is snlficant fee Incon￿ fn)m the camp and ser¥ke woAecis. these attfvltles. akng wlth ihe w?uth clubs. covld not take place tht 8ertrosrty of re8ular and ad.hoc dof#)rs. Fundralsln8 is primarlfy carTled out ty field staft and l(ul commlt Fundrai50ffa pro¥ldes Income so th•t we can velou￿e and supwrt Ouf knal are• mlnlstry attlvltles, well as subsmlise camp plxes for those In financial need. The maiortty of don•tlons #e rnlsed frorn We folh)w the ol Ihe FurnlrCode set the FurKlni Regulor. The rnaj￿ty of our fundrais1￿ adfvlty Is Carl￿ out ty sollcitlry donat￿n$ within hI￿ty trusted relationshlps betweefi ￿k1 staff and dorKK& Except systems that retain donor records and mana8e emall campal8ns. we do not ?ny aspe¢t of fvndr4tsln8 xli¥ltle5 to thlrd partles. Onfy those staff and ￿)lUnteerS Inshle the are pemlrtted io fundrnise on our behalf. and Ouf conduct empectatlons upm IIKW Indl¥kluals ￿ extremely hl8h. Evffji ernth •nd Volunteer who furnlraises foT the Chaity Is xcounthbleto thelr Ilne rnana8er for thelr aCtkn￿. In addit￿, our Inlernal FundTrlslrvd C(th thafflpi(w 1x51 ow team5. We •re Pro￿ to ha¥e had no reported complalnts o¥erany of our lundralsky wacikes to date. but we We not ¢fyw*enL •nd •re wllsed to follow our comptsknts handllr8 process shtyJfvJ the need arise. Everythin8 Fwlble Is done to meet the needs of current and potentlal sup￿rters. inclu&iry protectl all vulnerable people. and handhr8 (k)nor dats wlth care and in accordance wilh our dat• pn>tettw)n arrangement& In118ht of lellslatfve to dats privy. wt have taken comwehensive mea5ure5 to Inforni every contsct of our uwjaled Prlwacy Notke. and to obtsin applicable consent in order to contlnue fundralsSry coftvnunicat￿nS with donors and 5UPPOrter5. We are alwtys consclous of mlnimi51n8 the costs of hindraislrvd arrfl wè ￿TrtInUe to deliver value for mory in all of our ch•rtt•ble Tfustees. Ann￿1 fte￿rt

Youry Llle Intern•t1on￿-AftnUII Report •nd Gmup Flnancljl Ststements For the Year Ended 3￿ September 2020 Plans for Future Perlods We ha￿ fourKI t￿t C￿￿-19 has ex•cert)ed the needs that youns peo already hwe - to belon& to ￿ heard, to find hope. Altl¥Mh the effect5 01 the pandemlc have conslderabty eroded our flnance5, tt ha5 51uked our hunier io even ft￿E youry ￿ •5 TeslTktlon5 ollow. By ZOZ2. we hope to transforni the Ilves of neath 10,(KKI YOU￿ people each year. double our current reach. We are rnlndful of the s18nMkaftt chanen8e kn the current cRmate of rn151ry the level of fLvKllry to resource thts ￿510n. but femaln uut1ws￿ optlm15tlc f+N the yew ahead. Desptte all the than8e In s(Klety tryjay. Ihe core alms of the Charity remaln unchan8ed and are conslstent wlth the ortsl wlnclple5 fty mlnlslry estsbllshed 0￿1 79 ￿ar5 a80 by Young Llfe In the Unlted sta￿ The thl Youw Lffe or8anlsatk)n Is mld-way thro￿ a >yeaf strnte8k initiative called "fOftWAR W. aThJ thE UK Chwlty I1￿e(p￿ obJecthTh around KhlevSn8 5tr1tryk growth In the fomtrwlw I. To 80 d••pr In se•kts thè Ixlrd flrst and Iwlplry people irow In thelr falth. Bv 2022. we w•iil t05ee qU￿1n￿ trnurnt￿r ofyoU￿ peopleln theCh•rW5 Tmeekty BIble5t￿l¥ youps {￿lled"CaMPane1¢l, from 238 to 940. 2. Top forwafd toptrr. twlldlry•nd equlpplnl te•ms that rtllect the Y)rldwlde body of Chrtst. By 2022. we want to double the number ofvolunteer le•ders. from 198 to 492. 3. To seek creat¢ new tod•y lo reath young people tornorrow. The Developl Gkthl Leaders wlll form a b ofthls If￿h area. 4. Gvowth: In wse to the need wltnessed by ¢)ur ¥K>￿er5 cn the arou1￿. the Charlty has set l￿d 8rtrth tar1e￿ By 2022. we ¥Ant to: •. Twe the numbtr ol ¥tyj￿ people Imp•coed. from 3554 to 9.250 Double the numbe¢ of YOU￿ peo In club each week from 791 to 1,580 i L Doub￿ the numbef of youru people experiencin8 camp. from 660 to 1,325 d. Double the number of mInI￿ries. from 35 to SO. INote thot the5t are wowth torqetsl(Y our qlobryl reqkn whKh Indudes the Republk of Ireland. Some Metr￿ hove hod mlnor odlusfmerts to rflert the reqlon s shore of the o¥n¥ll Europeon diwsiongl These obledryes wlll be en￿n￿l by fvrtlw, t•iieied Mil￿¢11￿$. l. i••d•Thhlp d¥rthr. To lurthef understand. explore and womote ihe ￿luable role that dlversity and inclusion plays in enabllry the work of the Char4ty lo be effecti. 2. L•4d•rshlp d•￿ Conth)ulry to recrniL trnin and equip leaoershlp at erfery level of the Charlty. Indith •dershlp, 5alarled staff. line rnana8ers and trustees. 3. Piay•r str•wr. To bulkl on tht missth.wmle and di￿$10￿11 Pffa￿ iNtialNes to arow the level of prayer suppyt fw all asFcts of the work of Charlty. commitment to follow Christ. to efftW￿er them tQ 8row into matwe d15ciples of Jesus. 5. Sustalnal)le fWMlTrtsl￿ Sol¥Jifyiw the lundin8 base whkh underpins all areas of mlnistry. bv Increasing the wol￿tion of income that Is ralsed In-country and enharKlng sustainability. & Enhanced Ilbfrast￿rr. To Identh, inwlefflent3Th1 awnent ITsystems to maxlmlseeffectines5. efficiency and compliance. 7. Publk prnfile: Lvelop a 5trate8y across our th•nnels a￿llenCeS tt> enable the mission. our people and the organlsalhM to be rewesented authentically in publ Tn￿tee$, Annual Re￿rt 10

Youn8 Llfe Internatk￿l-AnfiU•I fiel￿ •NJ Gmup Flnand•l Ststements For the Year Endod ￿ Sepiember 2020 Int•rkn•VW (oll•l>Drailon: To work c105ety wlth thurches and other Chrlstlan mlnlstry partners to develop coll•borntive relatlonshSps whlch en•ble yeater extent of lrnpacl withln the1fr4e5 of youn8 people. For those co11aly)Trth￿ rela1￿nShIpS to succeed the partners must share the baslc strateEIc and theolo8kal ethos ol Your LSle Intern•tlonal. ATr Important factor In xhle¥ln8 these Oblert￿ Is to ensur• iht future deveknpments are sustslnable. To this end we de¥elokd the rour of ow bud8etlni practkes to ￿1P ensure that costs are fvlfy weighed before commlttlns chafltst4e funds. •nd t￿1 oper•le5 Ththln b￿l$eted Ilmlts and fin•ncW controls. TrustLies ReSp￿sIbIlItIeS The irusiee5 IwlK> are also dlrecttys of Your Ufe Internat￿nal for the purKK>se of company lawl are responslble for WeparI￿a the Trustres. Annual Report and the financkal statements In accordance with appllcable law and United Kin8d¢)rn Generalty A￿epted Accountin8 Prartice. Company law requlres the Iru5tee5 to prepare flnandal stalen￿ts for each flnandal whkh g￿e a true and falr view of the 5tste of •ffalr5 of the charirable C(￿PanY and of the Incornln8 resource5 and applkatlon of re50urce5, Includ4￿ the and em￿ndIture, of the charitable company for that period. In preparing these fina￿141 mtements. the trustees are requlred tr. sekrt sthts14e arnl then thern CLwlslentty: obseThe the methods and wlrKlps In the Charllles SORP. make Sudgements and esthNtes ihat are reasonable ond wudent.. state whether applkable UK AcC￿ntIr￿a Standards hwe been followed. sublect to any materkal departures disclosed and explalned in the financlal statements,. and preplre the finantSal statements on the 8oir4 concern basls unless It bs In•pwowlate to presume The trustees afe re5pMsnAt br keepSry adequate account1￿ records whkh dlsdose wlth reasonab Kcurary at any tlme the fina￿1•1 Fosltlon of the ch4ritable com￿nY and which enable them to ensure that the fi￿ncilI ststements compty wlth the Cornpanles Act 2(M)6. They ore also responsible for fe8uardin8 assets ol the chafftabse compary and hence for tskife reasonable steps for the prevenllon and detedkm ol hud and other INwIarI￿ Mercer and Hole been ap￿￿￿d as a¢Kllto(s and ha¥e sknlfied thelr willlryqness io continue In The In￿ee$ have taken all necessary Step5 to make ihernsetr¥es awa￿ of any relevant audlt Snformatlon and to establish that the auditor5 are aware of that information. As far as the trustees are aware, there Is no relevant audlt informatlon of whkh the companvs audltors are unaTdre. Trustee< Annuol Repwt

ung Life Internatioiial- nnudl Report and Group Financial Statement For the Year Ended 30 September 2020 Small company provisions statement In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. The Annual Report was approved by the board of trustees on 5 March 2021 and signed on their behalf by: Sundeep Salins Trustee Paul Woodman Trustee Trustees Annual R-port 12

Young Life International Annual Report and Group Financial Statements For the Year Ended 30[th] September 2020

I TO THE MEMBERS OF YOUNG LIFE INTERNATIONAL

Opinion

We have audited the financial statements of Young Life 20 which comprise the Consolidated Statement of financial activities, the Consolidated and Charity Balance, the Consolidated Cash flow statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards Reporting Standard applicable in the

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Statement of Financial Activities

13

Young Life International Annual Report and Group Financial Statements For the Year Ended 30[th] September 2020

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, o

opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In light of the knowledge and understanding of the group and the parent charity and its environment obtained in the course of the audit, we have not identified material misstatements in the

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

Statement of Financial Activities

14

For the Year Ended 30, September 2020 Responsibilities of Trustees As explained more fully in the trustees, responsibilities statement set out on page 11, the trustees (who are also the directors of the parent charity for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group's and the parent charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditors under Section 44(1)(C) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.or auditorsres part of our auditor's report. onsibilities. This description forms Use of the audit report This report is made solely to the company's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the companvs members as a body for our audit work, for this report, or for the opinions we have formed. tyIL((u t fjrt( Jolene Upshall (Senior Statutory Auditor) for and on behalf of Mercer and Hole Chartered Accountants and Statutory Auditor Batchworth House, Batchworth Place Church Street Rickmansworth Hertfordshire WD3 IJE Date: IL(IlL( 15

Youni Llfe Intematlonal- Annual Report and Gn>up rtnand41 StsternÈnts For ihe Yeaf Ended 30th September 2020 CONSOUDATED STATEMENT OF FINANCIAL ACTIVITIES INCOPORATING THE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 30- SEPTEMBER ZO20 2019 Total P40 Total INCOME FROM: Donations •nd k6ades Charitats￿ actfvit￿s Actlvftie5 for rabslry fvnd5 Tr•dln8 attb41t*s FundraIsI￿ evenTs- Investments 938,881 2Ln4 4fl,$83 IA06.4FA 22.724 1.243,492 162.648 387.493 2.466 2.493 IJ54.OS7 387,493 2.466 2,493 I￿11.640 455.S39 5,950 1.552 1.869.181 io TOTAL INCOME 467.583 EXPENDFTURE ON: Ralslng Funds Operat1￿ costs oftra&¥artbvh Fundratsin8 Costs Ch•rltable acthitles TOTAL UPENDITURE 381,367 61.944 824,327 1,267.638 5.760 387.127 61,944 1,281,218 1.730.289 526,116 74,117 1,278.584 1.878.817 li 456.891 462,651 Nei incomellex￿￿ll1￿￿> 8&419 4.932 9L351 19,6361 Tffansfefs between lunds 7.145 17.1451 NET MOVEMENT IN FUN05 93 122131 9L351 19.6361 TOTAL FUNDS BROUGTrrr FORWARD 160J43 121.fA)8 282,451 292.087 TOTAL FUNDS CARAIED FORWARD 254,407 119,395 373.￿2 282,451 There were M reC￿niSed zain5 and105ses f(￿ 2020 or 2019 other than those I￿luded in the Consolidated Statement of FIMndal Actmties There was no other comwehenslve irKome for 202012019: £nill. The notes on pa8o 20 to 36 forni an Integral part of these finandal Maternents. Statement of Financial Arti¥ilies 16

Young Life International Annual Report and Group Financial Statements For the Year Ended 30[th] September 2020

CONSOLIDATED AND CHARITY BALANCE SHEET AS AT 30[TH] SEPTEMBER 2020

Note
FIXED ASSETS
Tangible assets
15
Investments
16
CURRENT ASSETS
Stock
17
Debtors
18
Cash and cash equivalents
TOTAL CURRENT ASSETS
CREDITORS: amounts falling due within
one year
19
Net current assets
Total assets less current liabilities
Total net assets
FUNDS:
Unrestricted funds
20
Restricted income funds
20
Total funds		 Group
2020
60,717
-
5,691
22,395
475,242
503,328
190,243
313,085
373,802
373,802
254,407
119,395
373,802		 Group
2019
86,503
-
8,985
13,766
278,154
300,905
104,957
195,948
282,451
282,451
160,843
121,608
282,451		 Charity
2020
-
-
-
21,893
311,953
333,846
68,890
264,956
264,956
264,956
159,904
105,052
264,956		 Charity
2019
375
-
-
13,766
202,690
216,456
31,981
184,475
184,850
184,850
83,345
101,505
184,850

The notes on pages 20 to 36 form an integral part of these financial statements.

Balance Sheet

17

For the Year Ended 30 September 2020 CONSOLIDATED BALANCE SHEET (Continued) AS AT 30TH SEPTEMBER 2020 The trustees have prepared group accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. Young Life International is a charitable company limited by guarantee registered in England and Wales. Company number 4364093. Charity number (England and Wales) 1090515. Charity number (Scotland) SC043473. The financial statements were approved by the board of trustees on 5 March 2021 and signed on its behalf by: Sundeep Salins Trustee Paul Woodman Trustee 18

Youn8 life IntematloDal- Annu•l Report •nO Group Financial Ststements For ttr ye￿ Ended 3￿ September 2020 CONSOUDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED aoth SEPTEMBER 2020 2019 Net Inconlle¥pendltwel for the flnanclal par Adjustrnents for: Depre¢iatk>n of taThaible assets Interest recelved 91.351 19,6361 25.786 12.4931 3.294 18,6291 85.286 45.439 11,5521 9.549 4.811 8,624 Decrease In stock {Increasell In IT3de ind other debtty5 Increax In trade and other ttedito 194.595 57.235 Purchase of t￿b￿ assets Interest recefved 194.9181 1.552 2.493 2.493 193,3661 InmMI(deu•••) In tash and equl¥lents 197.(188 136,1311 Cash and Cash equhaknits at start ofyear 278.154 314.285 C45h and equlv•l•nts at th• end olth• ywr 475,242 278,154 "Cash and cash equivalents" Cons1￿ entlrely of "Cash * bank and In hand". . Cash Flow Ststrment 19

YOU￿ Llfe Internatlon•l-Amiual Ileport and GThip FIn￿tIal Statements For thE Year Endd 3tf September 2020 pi•II•4IIW4 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30- SEPTEMBER 2020 GENERAL INFORMATIQII Young Llfe Intematlonal IYUI Is a company Ilmtted by 8uarntee. incorporated in England •nd Wales. The add￿$$ of ks reWstered office and prlficlpal place ol buslness Is dlsclosed on page 2. The prlnclpal aclmty of the thaflty Is the thancemeni of Chflstlanlty among chlklren and youn8 people by the yomotkn of an e¥an8ellstk Christl•n te5tirnony In the United Kln8dom. The R￿n¢17 ststemeTrts •re presented kn sterl11￿ and ihi$15 the funrtiofi•l currency of the Group and Charlty. ACCOUPMNG P(xiaE5 2.1 B￿1$ of prep•rtlon The financlal statements have been prepared in accordance with Accounting and Reporting by Charltles: Statement of Retommended Practice applicable to chaflties weparin8 their accounts In Kcwdance wlth the FIna￿l￿ Reportlry standard appllcable In the UK and Repub15c of Ireland ' IFRS102) (effect￿ Jnuary 2019)- (c￿￿11e5 SORP IFR510211. and the C￿PanIeS Act 21)36. YU meets the dÈfinltSDn of i publlc benefft under FR5102. Assets and IlJb611tles are Inltlally reco8ni5ed at hlstork•l cost or tr•nsKtknn value otherwise staled in the relevant accoun¢ir polKy note. 22 Lryal status 011￿ dwrlty The charity Is a comp•ny Ilmited by Buarantee and has no shafe capltal. The Ilablllty of e•ch , member In ihe Lwent of w1ndl￿-uP is limited io £1. 23 0•515 of ronwlldtkJn The statement of financial KtMtie5 and balnce sheet consolld•te the flnanclal staternenis of Ihe charlty and Its wlKAty owned subsidiary. YLIM Ltd (YLIMI. YLI exerclses control over YLIM belry Its sole member and ￿ a YU trustee also sittlng as • dlfectof on the YLIM bo•rd. No seprnte Statemert of FIr￿n¢￿1 Athils Is presented for the charity as perrnitted ￿ Sect 408 of the Companies Art 2LI)6. The net mo¥ement In funds deali with in the chadtrfs Statement of Flnanclal Arthilies fw tfre yew ended ￿ Septernber 2020 was E80.106 income 12019= E46.998 expendilurel. 14 GOI￿ conwn The trustees continue to pursue strategies to increase the number of supporters makin8 re￿lar donation to the charity, and hence these xcounts hm been prepared on a Goin8 Notes to the Finandal Staiements 20

Yotsne ufe Iniematlonal- Annual Report and GfOUP Flnanclal Ststements Fof the Year Ended 30th Septemb•r 20ZQ IS Fund accountl General funds are unrestrlcted fimd5 whkh are a￿lIable for use Jt the dlscretlon of the trustees In furtheran￿ of the lef￿al objects ofthe chwlty and whlch have not been deslsnated for other pury￿e$. The charitV5 8•h•r•l fvnd may b• us•d by th• ch•fbty ai its dlKr•tkn ts further rts ststed charltable obJectl¥e5. donors or whlch have been raised ty the charlty for speclfic purwses. The cost of raising and admlnlsteflr8 sald funds are th•r8ed oylnst that speclfic fund. The movements on each of the Ind￿idUal Testrfcted funds are set out In the notes to the fi￿ncilI statèments. 2.6 In￿rn• Income is In the Statement of Flnandal (SOFA) whe the trusttes are ¥irtuBI￿ rertoln ttry wlll recel¥e the resources, Ind the moiietary value ¢an be me•sured with suff•¢nt reli•billty. All costs 5nduthry 5UPPOrt C0515 ve allocated between the expendlture categorles of the SOFA on a basls deslgned io reflocl the tsse of the resouffe. Costs relatln8 to a particul•r actplity are allocated dlrectlr. ￿her5 aFwIh)￿ on the b•sls of an estlmate of the proytlon of ilme - 4)ent by stsff on the xt￿. All expenthwe aThl Ilabllftles h￿lU￿ on an accrnals basls and reco8nlsed when there Is Monetary assets and Ilabfimles deThJm5nated in f￿￿￿n ¢untThdes are tr•nsl4ted Into sterllnl rates ofexthar¥Je iullw ￿ the bal¥Ke sheet d•le. Trnnsactions Sn fDre*n 3re tr￿n￿ated Into sterliry at the r•te ￿lIng on the date of the transxtk>n. Éxcharye and k)sses are reco8nised Sn the St•temeni of F•nanci•l Attfvitles. Tan8ible filed assets for use the group are capita115ed ff they can be used for fflo￿ th•n one year and cost at least £l,IJXI. are valued at cost or a reasonable value on receipL Oeprec5atk>n Is ￿￿kIed on tarvalble fixed assets so as to write off the cosi or valuatlon. less any estlmated iesldual ￿lUe. over ihw expeded useful economk Ilfe as follows: Equipment StraW Ilne o¥w 5 years Investments In 5ubsldlary undertakings are indth at cost less any wovlslon for IM￿lm￿nt. Notes to the Fin•nclal Statements 21

Young Life InlemalkThl-AnnuJl Report and Group Hnanclal Statements For the Ye•r Ended 31P September 2020 2.11 Stock St￿k ts ￿1Ved at the lower of ¢ost and net ru15￿bIev•1Ue, after due regard forobsolete and sltrw movlng Mocks. Net reallsable ￿lue Is bJ5ed on sellln8 prke less antlclpated ￿$ts to ￿mpletIon nd selmry cojts. 2.￿ D•btm Short term debtors are mEasurnl at ￿n$￿t￿n wk•. l•M w Imp•Smwrt. Lo•ns recelv•ble are measured In1Ua￿ wt falr value. net of transactlm costs. and are ffl￿￿red sub5equeth at ' amortlsed cost uslfy8 the effec￿ Interest MetI￿d. less any lfflpalmnt. Cash Is represented kn PAnd •nd iknposlts wlth finanel•l Instltutlons r•p•oble wlthout penalty on notke of Th)t rn(Ye than 24 I￿urS. Cash equhaleftts •re hl8hty Ilquld Investments that ,rnature In no more than three months from the date ol •rywlsltlon and tha¢ are reJdlly con￿rtIble to •nwntsof c•sh tlth lrtnlficani ofchaw In Cv¢dho Short term credltorn are measured at the irnsacdon prkt. thher Ilnanclal Il•bllities, including bank loans. •re rneasured initlalfy ￿ f•Sr value. net of tran￿rtIon costs, and are measured The Company onty en1•￿ Into b•sk fln•nd•l Instruments trnnsKtlons t￿¢ result In the re¢ognitknn ol flnancl•l assets and Ilabllllles like trade and other debtors and credltors. loans frorn and other thlrd p•rtle% lows to rel•ted p•rtles •nd In￿51meThts in non.puttable ordin•ry shares. Debt bnstruments lothw than those wholly rep￿trAt or reCe￿•ble wlthln oTre ￿•r1. Includln8 loans and other •ccounts re¢thable aNI payable, are Inltklty meawred at present value of ihe future cash I￿>￿ and wbsequentty Jt wnortlsed cost uslrq the effertive Interesi method. Oebt . Instruments that afe payable or fecelkfable wlthSn one year, typlully trade debiors and creditors, are measured. intilally aThJ subsequentty. at the undlscounted amount of the cash or other conslderatSun expected to be p1 or rectP¥ed. However, 11 the arr3n8ements of a short.tefm Insirument constltute a finoncln8 tran5•cllon. Ilke the payment of a trade debt deferred twnd normal buslnes5 temis or financed at a rate of Interest that is not a mafket rate or in case of an oUt-r￿t short-terni loan nol at market rate, the financkl a55el or li•billty Is Measured, Inltlalty. at the present Val￿ of the lutufe cash fiow dlscounted at a market rate of interest for a slmllar debt Instrnment and subsequently at amortlsed c05L Notes to the FIMiicJal 5talernents 22

Youn8 Life IntematioMI-Annual Report and Group FinaThcSal Statements For the Year Ended 3LP September 1020 116 Currnt taxallon The charhvs actlvltles fall vlthln the exernptions afforded by the provbslons of the lftcome and Corporatlon Taxe5 Acl 1988. Accordlrygty, there Is no tsMatM)n char8e in these accounts. The subsldiary curreni Income lax charyels calculated on ihe basls ol ra¥ raies and laws Ihai have been enarted or substantfvely enacted by the reportin8 date in the countrie5 where the Company operates aTrJ 8enerales Incom. The whole of the taxable profft of the subsidiary is transferred as a charltable donatkn to YLI. JUOGEMEIITS111 APPLYIPIG ACCOUPMNG pouaES AND KEY SCKIftCES OF EsllMATION UNCERT￿￿Ty In applyln8 the cornp•nVs xcounllry Fdlcles. tho dlrortors arè requlred to mak• ludg@rnent e5tlmaies and assurnpt10ft5 In dererminln8 the cafrying amounis of assets and Ilabilitles. The dirertws, ￿￿J8￿1n¢￿. e51knale5 assumptlons afe based on the best and most reliable evidence avallable at the tirne when the (kni5ions are made, and are based on historical exwknce •nd other f•rtor> thjt •re considered to be appllcable. Due to Inherent subjectivity In¥ol¥ed In maklrq such I￿1@eMent% estimaies and assumptions. the aciual results Jrrfl The estknates wthlylry assumptlons are revwed on an 0￿01￿ basls. Revlslons 10 accounting e51imales •re reco8nised In the perlod In which the estlmote15 r￿sed. if the revisk>n affects onfy that peflod. or In the pfflod of the revlsioft and future periods. If the revlslon affects both current and fvture peri(Mts. The estlmates and •ssUrnPtk>n5 m•de In these a¢counts •re: An eStiM￿e of us Don•ied Servkes which are estlm•ted usire UK rnarket staff salary rates for equiv7lent roles (see note 61. Deprecl•tkn) whlch Is ukulated as to wrtte off the cost of an a55et over the useful economk Ilfe of the asset, currently considered to be four years for computer equipment. Notes tu the Financlal Sratements

Youn8 Life Internatk*nal-Annual Report and Group F￿and•1 Ststemenis For the Year Ended * Seplember 2020 AUDITOR'S REMU14ERATION Fees payable to the company's auditor for the audlt of the groups. annual financial statements totalled £5.71X) 12019.. E5.81xI). Fee5 payable to the Company's audiior for non-audst services totallod £nll12019.. É1.650}. FINANCIAL PERFORMANCE OF ThE CHARITY The consolkjated staiement of financial actmtles Includes the resuh5 of the tharrtvs wholly owned subsidiary, YLIM Ltd which opefaied ihe L(Kh Monzievaird sile. The summary finirKl•l pwformance ofthe th•rlty alone 15: 20 2019 IA14.147 1.413,642 Gifts ITOM ￿ts$￿Illry companv L434.147 1.413,642 Costs of fvnds Expendttyre on th•rit•ble arthlths Net Incoff￿/(exPendlfvve} 61,944 1.292.097 80.106 74.117 1.386.523 146,9981 Yot•l lunds for￿rd 184.850 231,848 Total fun¢ts c•rrled fon¥•rd 264.956 184.850 Represented by. Unrestrtted lunds fte5tr￿ed funds 159.9)4 105.052 264,956 83.345 101.505 184.850 14otes to the Financial Statements 24

YOU￿ Llfe Internailon•b- Annual Report and Group Flnandal Statements For thE Year Ended 30th September 2020 DONATIONS GRANTS ANO LEGAaES 2019 Total Totsl Dwatlabs I General donatk)M Glft Aid donations Income tax rectr4erable Donated seThfkes Donated softwar• 573.411 ioi.oio 29.ISS 217,709 4.2C(I 925,515 876.111 187.523 50.302 217.709 4.2LX) 1.355 843.520 189.845 47.797 158.130 4,2¢J) 1.243,492 86.513 21.118 410.331 Coronavirus Job Retentk>n kheme 13.366 938.881 57.252 467,583 70.618 1,406,464 1.243.492 Durln8 the year the chaflty btneffted from ihe serykes of seven12019: slx) staff secorrtled from Youn8 Lrfe US (see 231. The trustees estimate that the value of these staff to the charlty was £241.209 (2019: £183.5421 based on UK open market rales. The UK charity has made voluntary payments duflng ihe period towards the US costs of these staff amountln8 to £23.5C(I 12019: £25.4121. The trU￿ee$ tfrrelore estimate thai ihe charltyls recelvlnl donaied servlces of £217.709 (201. £158.130). 2019 Tot•1 T¢￿1 13.123 L566 8,035 .123 1,566 8.035 147,891 4,057 Local Y￿th wo Volunieer trninl otrKe rental 1,1 162,648 22.724 22.724 Note5 lo the Finanoal Staternenls 25

Youn8 Llle Internatknwl- Anntsal Rewt aNI Group Flnancial Slalements For the Year Ended 30th September 2020 INCOME FROM COMMERaAL TRADING OPEAAnoNS The wholfy owned tradlr% subsidiary YLIM Ltd Is incorporated In the Unlted KSngdom and plans to pay all fts taxable proffts to the charity by Élft ald. YLIM Ltd operates a self-caterinz and mplnl hL¥15day slte near Crleff, Scotland and the chartty uses the laclllty for the malority of its complng wogramme. The company ts lknrted ty guarnntee. The summary fiMr￿al pfffomwnce ofthe subsldlary ak)ne Is: 2019 Z82.229 20,221 262, 403,673 14S.800 257.873 Cost of Sales N•t Pmfft Admlnlstr•tkn expens Other opeTrtire Incoffle 1366,9061 116.143 11.245 13W,3161 159.805 37.362 97.603 108.848 60,241 97.603 60.717 169,484 121.353 108,848 86,128 84,451 172.976 97.603 Current Total nel •Mets 108.848 97,FA)3 Notes to the Flnanctal Statements 26

Young LSfe Intematlonal- Annual Report and Group Flnanclal Statements the Yeaf Ended 3￿ 5epternber 2020 INCOME FROM COMMERaAL TRADING OPERATIIX451CoTrllnuedl 2020 2019 SOFA Dlxlosuv•". Turnover Other operatSn8 Income 282,229 116.143 398.372 iO.S791 387 493 403.673 159.805 563.478 1107.9391 455,539 Lem: Inttrcompanytransartions Split: Unrestricted ReJtr4c¢ed 387,493 346,766 108.773 4SS.539 387,493 Cost of Sales Administratk>n 20.221 366.9)6 387.127 145.800 3￿.316 526.116 UnrestrKted Restrkted 381,367 5.760 387,127 489.189 36,927 526.116 Not￿ to the Financial Statements 27

Young Llfe Intematlonal- Annual Aewi and Group Ftnancial Siatemeiiis For the Year Ended W. Sepiember 1010 INCOME FROM FUNDRAISING 2020 2019 Tolal Funds Tatal Fundrarslwd events 2.466 2.466 2,466 2.466 5.950 5.950 IQ II¥COME FROM INVESTMENTS 2020 ToLyl 2019 Total Funds Funds Bank interest 2,493 2,493 2.493 2.493 1,552 1.552 11 FUNDKAISING cosrs Unr•strlct•d ft•strlrted Funds Funds 7020 T4>tal 2019 Total Fundrntsl•Yd costs 61.944 61.944 61.944 61,944 74.117 74,117 Included In Fundrllslw costs are stsff costs of £44.28012019: £48,IXXII IZ OPERATIPIG LEASES At 30th September 2020. the charity had outstandin8 commitments for future rninimum lease payments under non<•ncell•ble operatirvd leases. whKh fall due as lolk>ws'. 2020 T¢x•l 2019 Tot•1 Wtthin one year Between tvffj and fNe ye•rs io Noies to the Fln•tKlal Slatements

Youn8 Life Internatlonal-Annu•l Report and Group Fln•ncl•l Ststhments For the Year Ended 3￿ September 2020 T¢)tal fert 2019 Total Totsl Cos Camps and seThbce projecl yO￿h clubs and other activiiies 109.306 177.508 25.229 202,737 3(￿.191 62L070 323,499 9d4569 133.912 1,07&481 972,393 730.376 391.701 1.122,077 159.141 1,281.218 1.278,584 14 SUPPORT COSTS Jd 2020 T0141 2019 Total Human Ch•ritabbe activities Camps and ser¥ke 9.285 7.356 Youth thbs and other actr¥iQ*s 49282 39,043 Total charltable act￿l￿S 58,567 46,399 S.653 2.935 15.578 18,513 25.229 133,912 159,141 34.522 111.410 145.932 35,662 Cost of fvnds Total costs 2020 I￿65 6L432 1.270 48,669 1.745 37.407 7,786 166,927 8.725 19,419 Total costs 2019 .-W• 56.711 40.249 38.325 19,3n 154,657 Notes to the financiol Ststernents 29

Youni Ufe Internatlonal- Annual Report and Group Fln•nclal Ststernents For the Yeaf Ended 3( September 2020 HXED ASKYS: CHARITY Brou8ht forward Addltlons In the perlod DlsposaLs In tht per￿ I tra I•iH Canled fonv•rd 8rou8ht forward DepreCIat￿ft chaT8e fortthe perknd Otsposa15 in the pe￿d CarTied forward 1,125 375 750 375 1.125 375 AXED ASSEfs: GROUP 2020 2019 Brought ioTh¥anl Addltions In the perlod Dlsposats in the period 226,821 131.903 94,918 226,821 226.821 ,' 8rou8ht forwanl ', Deprecb•tion ch•rye forthe perknd ' D15posals in the Carried forward 140.318 25,786 94.879 45.439 166.104 140,318 60.717 86.503 ¥d lOibn li Notes to the financial Statements 30

Youn8 Life Internatk￿1I-AThnUII Rem and Group Flnandal Statements For the Yew Ended 3(P Sepiember 2020 16 INVESTMENTS: SUB5101ARY UNDERTAKIP4GS In September 2014. the chartty set up a subsldlary tradlw company called YLIM Umlted In order to run an activity cehtre at Loch Montlev•ird in ScotlarKI. This is a cornpany limit￿ by 8u3rantee (Company NumbeT.' 09229B741 incorporotEd In En8l•nd and W•le5 whkh tr•din8 in January 2015 arml Its results are shown In note 8. A separate Statement of Financlal Actlvitles and Income and Expenditure Attount for the charily have not been we5ented because the Trust has tsken advantage of the exemption afforded by sectlon 408 of the Companles kt 2(￿. 17 STOCK: GROUP IX4LY GfOUP 2020 Group 2019 Stock for resale 5.691 5.691 8.985 8.985 DEBTORS Ch•r 2020 Ch•rlty 1019 2019 Glft Ald recovernble Prepayments and Kuued knco Sundry debtors 13.728 8,165 13.728 8.165 5.157 5.157 22,39S 13.766 21.893 13,766 19 aiEDITORS.. AMOUPITS FAWIIG Dlff wrrMIN ONE YEAR Group 2019 Ch•rtty 1020 Charfty 2019 Trade c￿dItOrs Other tsxe5 and ￿cial securtty Othercreditors 9,529 30516 22.332 127.866 I￿.243 12.753 43,984 9.529 17.386 15.1XX) 26.975 12.7S3 12.868 48.034 104.957 6.360 31.981 5ntluded within tredilors b an amouni of £nll relatin8 to pension p*ffl)ents oulstanding at the vear end12019.. £nlll. Note5 to the Flnancial Statements 31

Youn8 Llfe Internitlon•l-Annu•l Rewt •nd Gioup Nna￿lI1 St•ternents Fof ihe Ye•r En(led 3(P Septembef 2020 20 FUND5.CHARITY Im Balance clfwd Vnrestrlcted 83J45 {897.1501 7.145 Is9.￿4 Restrkted: I Indl¥wJu•l stsff 101.505 467,583 105,052 456,891 7,145 101.505 467.583 1456.891 17,1451 105,052 Totsi fvnds 184,850 1.434,147 lJ54,041 264,956 FUNDS. GftOUP 8al•nc• UnrestrlLted 160,843 1.354.057 11.267.638) 7.145 254,407 Restr￿ed. lThli¥idual 5tsff De4elopment 1456,8911 17,1451 105.052 20,103 15.7 14,343 121.f4)8 467,583 119,395 462,651 7.145 Total funds 282,451 1.821,640 11,730.2891 373,802 Indmdual staff funds are monles recel¥ed towafds the ￿lar*S of speclfic staff or roles within Ihe Oryanisai￿n. Development pn>J•rt are monles received foff the de¥ek>pff￿nl of ihe arti¥ity centre at Loch Monzlevalfd In Scotland. otes to the Financial Ststements 32

Youn8 Life Internatlonal-Annu•l Re[￿rt and Group Flnan¢ial Statements F¢y the Year Ended 3￿ September 2020 Total Cash •t bank and In hand Other lio￿lItIeS m2 311,9S3 46,997 264,956 46,997 159,9)4 105,052 Funds Funds T¢x•I Tan&￿e r￿ed assets Cash at ￿￿k aNI in hand Other net assets/ (liabilit*sl 60.717 355.847 162.157 254.407 60.717 475.242 1162,157 373.802 119.395 119,395 IP4 th• iyt•n4 P4o¢u to the Fi￿n(la1 Statements 33

Youn8 Ufe Inlem•tl¥n41- Annual R•ppil Gtup Fiwi¢thl Si￿•￿￿114 For Ye•f Ended ￿lem•￿￿ 2030 EMPLOYEES 2020 2019 Gross wa8es. salarie5 and benefrts in kind EMpl￿e￿$ nat￿>￿ Insur•nce costs Pensions 927.a45 67.404 17.336 1.012.085 828,614 61,704 15.199 905.517 Number of •mploye•s The average momhty numbers of eMpl￿￿S durini perlod. c3lculJted on the basi5 of averaie monthly head count. excludlnR ex.patrlot American staff, was as folk)ws= 2019 Tradln8 St•ff Mir)Istry staff Administratr4e stsff FundAisin8 Staff li li 35 57 53 Ilo employee recefved emoluments In excess 01 £60.(KK) durlry the perlod12019'. None). No trustee12019: No irustee) receiNpd rernunefatlon durln8 the period. Th￿e ifusiee$12019: One trustee) received expenses tolallin8 £2.10512019: E1981 duriry the perlod, These expenses covered the rost of travel. sub5islence and meeiinicosts. The key management personnel ol the charity comprise ihe UK Director and the OperatK)ns Manager. The total employmeni benefits, Includiry employer pension conirlbutlons. of the kev managemenl personnel of ihe charity were £92,95012019: £88.1361- Ihe UK Directoes costs were not dirertly Incurred ty the charity Iwi are part of the seconded staff cost$15ee nole 23), r4ote5 to Ihe FIna￿all 5i•i*rnen 14

Ill• INi•rffthknnal - Ann¥1 le￿rt Group Flftfjnc￿1 Slatern8mts FUT tho Y•r Erxled Jf Sryiember 2020 23 RELATED PARTIES The charity has taken advantage of the eemptSon available attordiryd to Secllon 22 'Related party disclosures. noi to dtsclose Iransacllons entered into between iwo or rnore members of a group. The charity reco£nises the Val￿ of the support 51 ietol¥es frc*n Young tlfe in ihe United States ol America Iyoung Lile USI. 5tnce 1941. y￿￿8 Life has been makiry a dlffefence in the lives of teenagers. ènd now operates in rnore ihan ILKI countrie5 around the wodd, offering hope with spiritual values to over mill￿n teena8ers each year. Youn8 Life is for every teenager: regardless of abillty, race, Trligious tradition or culture. Young Life US Is consldered to be Youn8 Ufe Inttrrhationafs'parenv ch¥4rity. As such li has invested heavily in the developmeni of Youn8 Life Iniernatlonal through trainin8 in time-lested methods of relatSn8 wilh teenagers and with t￿th financial and administrailve support. The two charliies hold similar values and objectlves in their respectf4t countrles and the relat￿nshIP between thp two entitS(•s is 8overnÉbd by art Affiliation A8rèèmènt. nurine ihè twel¥g month financial period Youni Life US ha¥e made donatJon5 to Youn8 Llfe International of É374.347 12019.. É366,5801. Durin8 the period Yourva Life US have also seconded xven of thetr staff io Youn8 LWe International 10 511PPOrt the charlty In the furtherance ol Irs ¢)bJeclives in the UK. Youn8 Life International made payments to Young Life US amountin& to £23.5CKI12019: E25,4121 lowards the salary costs of these Youn8 Life US staff. The irusiees of Young Life International careftsllv conskler the value received by zhe charity in return for the donaiion5 made15ee note 61. During the year the total donatlons recetrthl fr1>rn 1rn51¢e5 was £6.9X112019.. £20.5951. Amount5 outslanding at the year end relatiry to these donations were £nll12019.. £nill. 24 FINAf4ciAL COMMITMENTS At 30 September 2020. the subsidlary company. IiIM Limited. wa5 committed to a lease at peppercorn rent on an aclivity centre for 10 years to 14 January 2030. CONTrOL The Group is deemed to be controlled by the parent dwrity. Young Llfe. a charity based in the United States of America. The re8TrStefed office is.. 420 N Cascade A¥enue. Cobrado Sprin85. Colorado W903. USA. The fezi5tratK>n number is 81(h1801. tittle• ia ihe Financ￿1 Statem•n 3.$

YOU￿ Ule Iniematloftal- Annual RepDrt and Group FlTranclal Statements For the Year Ended 3￿ 5epternber 2020 26 CONSOUDATED STATEMEiif OF FINANCIAL AcfMTIES FOA THE TWELVE MONTHS ENDED 30 SEPTEMBER 2019 7019 Tot¥1 Funds Funds INCOME FROM: Donations ¥nd legades Chartiable acti¥its Actf4ities for ralskw funds TradiNA actviitles FundrntslNd events Investments TOTAL INCOME 730.467 162.648 513,025 1.243.492 162.648 346.766 5.950 1,552 1.247.383 455.539 5,950 1,552 I,WJ,181 621.798 EXPENDITURE ON: Raisin8 Funds Opernt1￿ Costs oltr•din8 •Clivits Fundrni$4w Costs Charitable artjvtlies TOTAL EXPENDITURE 489.189 74,117 846.412 36,927 526.116 74.117 1.278.$84 1,878,817 432.ln Net incomellexpenditurnl {162.3351 152,699 19.6361 Transfers bttween fi•nds 146,034 1146,0341 NET MOVEMENf IN FUNDS 116.3011 6,665 19,6361 TOTAL FUNDS 8ROUGKf FORWARO 177.144 114.943 291,087 TOTAL FUNDS CARRIED FORWARD 160.843 121.608 282,451 Notes to the Financial Statements 36