Charity Reglstration No. 1097834 CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST Report and Financial Statements 31 December 2023 CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST REPORT AND FINANCIAL STATEMENTS 2023 CONTENTS Page Reference and administration details Trustees, report Independent examinei s report Statement of tinanckal activitie8 Balance sheet Cashtlow statement io Notes to the financial Statements CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST REPORT AND FINANCIAL STATEMENTS 2023 REFERENCE AND ADMINISTRATION DETAILS CHARITY NAME Cainbi'idge DistF'icÈ Youlh foi. Chi'ist CHARITY REGISTRATION NUMBER 1097834 TRUSTEES A Mules (Chuir) A Swaiin MRowley C, Thvinason D Hunt A Mccoi-lpiick .1 W3 efnJ.d .SEC,RETARY M lidnej REGISTERED OFFICE 40 SÈ Andi'eLUS Stieet Cainl)ridge CB2 3AR BANKERS The Co-opei'ative Bankplc l Ballooii St7eeÈ Maizcliv8tei' M60 4EP CAFBank Ltd 25 Kiiig Hill Aveitue Kings Hill West Mull¢ng Kent ME19 4JQ INDEPENDENT EXAMINER TRIis8ell (ACA) 17Hoddows Close Longstantoii CB24 3DJ CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST TRUSTEES, REPORT The Trustees present theiy Annual repoi't and the finaneial statements for the yeay ended 31 December 2023. STRUCTURE AND GOVERNANCE The chaillty is admini8tei.ed and managed by the executive committee membeis in accoidance with the constitution adopted on I l Jiine 2001 as amendeil 19 M￿'Ch 2003. The chki'ity is al30 an affiliate Inember of Biitish Youth foi. Chii8t and no amendment can be made to the coiistitution withoiit piior consent in wi'lting fl'om the Council of Management of Bi'itish Yollth foi, Christ. TRUSTEES The Tru8teeg of the eharity who Served thix)ughoiit the yeaL and to the date of this report (unless othei'wise stated) weie as follows.. A Males (Chair from 27th Apiil 2023) J Edney (pievious Chaii,, i'eskgned 27th April 20231 A Swann (Tieasuier) R Fling (i'esigned 27th Api'il 20231 M Edney [Se￿.et&ry, LEsigne(122nd Januai'y 2024) Rowley C TFiomason D Huiit A Mccoimick J Wi'eford (appointed 27th Api'il 2023) (appointed 27th April 2024) (appointed 27LlI Api'il 2024) (appointed 27th April 2024) MTS M Edney has continued to undei'take the role of secretary following hei. foymal resignation as tiwstee on 22nd Jani1￿.Y 2024. The nuinbei, of trustees fell to foul, durillg 2023. This was not considered 8uffieient to provide the breaclth of expettiSE and ovei'sight we woiil(I like to siippor¢ the chai'ity's activities, sLb the oyganigation gOLight tkn'ee additional trustee8 who were &ppointed in 2024. oBJ￿CTs AND ACTIVITIES The object of the ehaLLty &s stateil in its eon8tLtution 18 to advance the Chi'istian faith and to piY>cl&im the Good News to all young people thi'oughout Cambridge and its environs by: (&) (len]on8tiating, pl￿moti￿g and enCo￿,￿gI1]g Ckn'istian values. and O)) promoting and encoLiraging positive Chiistian living. APPOINTMENT OF TRUSTEES TTUStees ale elected fiom the Meniber8 of the charity at the AGM oi, appointed by the TL'llSteES in accoid&nee with the Cottstittition. Trustees ￿'e sought from among those who have knowledge and experience in chai'ity adinini8ti.ation andloi. in the specifxe ai'eas of the woilc of the ¢hai'Lty andloi. in the coneelns of stakeholde19. New Trustees ale fully biiefed in the work of the chaiity and ale given full aeeess to finAllcipAI information and minutes of pievious meetings, ACHIEVEMENTS AND PERFORMANCE 2023 saw the IElo¢ation of the chaTrllty's office to No 40 St Andi'ews Street, Cambridge, pTr'operty owned by the neighboiiiing St Andiews Stiret Baptist Church. The Space iiiade available to YFC includes a 'oiind flooi multi-use aiea accessible from the stieet which has been conveTted into tt drop-in Space for young people. We re¢i'uited a pi'oje¢t manageL' and associate for"No 40" in oi'dek to create a Youth Welllbeing Hub. In Septembei- 2023 it was Dpened for aftei. Behool dLOP-in ses9ions hosted by YFC staff and appi'oved voliinteers, initi#lly on two afternoons pei, week. In the early weeks of this inktiative we made coNt&ct with dozens of young peDpIe. CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST TRusfEES' REPORT Mini8ti'y continued in St Neots, with a team of volunteer 8chool inentors and youth woikei's led by an employed co-oi'diThator. Togethei they have regulal contact with ovei 100 young people. A nunibeL of young people from the pi'oject weL8 iecognised foi. their pei'sonal achievements and ehai'acter at a natiojial awai'ds eeremony in I￿)ndOn. Many LegLil&i's At the vaiious youth e&fes and in-school mentoring sessiolls Attended a social event with live music and a gospel talk. Most made positive faith iesponses. A mentOLing te&m also made iEgulai' visits to & secondaiy school in Cambiidge, with several young people whose mental health oi neuiY>divei'sity affeet theii ability to access the eun'ieuliim. Contact ha8 been Jnade with othei, seeondat'y schools in the City and the Lespon8e to the offei. of fulthei inentoiing has been positive, Cambridge and Disknuct Youth for Christ became a '￿￿b" foi. the suppoit of students ofyouth work ancl related thEology cour8e8 and began h08ting a small ETOUP of leainei's Once a week. The Business Ei ntei'pi'ise Ch￿Ilenge beLanie a i'eality in 2023, with weekly small gioup mentoring sessions iii a secondary school in Cambi'idge ovei the coiiiEe of a few months. The team that dplivered this project con￿sted of a ChLiStian blisinessinan, Yfcj St&ff 2nd teaehing staff. The yow]g people set up virtual eompanies, design￿d pi'oducts and then sold the items they made at a pop-up f&ii' in a local shopping centhB. The profits weie don&tecl to a local chaiity. rinally YFC celebi'ated its 21st bikthday in Mai'ch 2023 (delayed fi,oiii a date oi'iginally Set in 2022) Wlth live miisic, snaclis and di'inks foi, all who suppoit the Charity. Guests he&id ghaut thg joui'ney the organisation had bccn on as well as songs fi'om the I960's performed by & Beatles tribute btind featurkng oui. DirectoTr' Én the. iY)le of Paul mCC￿.t￿ey. FINANCIAL REVIEW Overall knctsme for the eiiirent ye&Y inci'eased to £220,244 (2022 £187.963). Donations fi'nm individuals, which are the basis of ow. financial stability inci'easeil by 40Yo to £105,659 {2022 £75.722), prineipally due to some significant one-off donation8 and campaigiis during 2023 to suppoyt the new No 40 project. The Highei. pi'oEI'amJne was established in 2019 tts fund school events which i'kn in Octobei 2020. It generated net 8uiplus funds at the end of 2020 of £24,169. £6,000 of these funds wei'e tLan8fei'i'ed to the St Neots fund in thc cuii'ent yeai {2022 £7,000) to 8uppai't sc.hno18 Inission woi.k in that l'egion. Remaining fundg of £11,588 weie availahle at 3 l Decembei 2023 (2022 - £18,414) and will be useil foi. similai initiatives in futiiie yews. The ch&L?ty ha8 maintained a healthy cash PDSLtion of £178,17L (2022 . £158,666)y Paltly due to laige one-off donations ieceived fi'om individiials dui'ing the cul￿.ent aL]d pievioiis Ye￿.. These douation8 eontinue to siippoi't th8 chaiity's longei'_teim misgion. The expenses of the ehayity principally Co￿pilSe payioll costs which inci'eased to £140,006 {2022 £113,021) diie to sevei'&l staff Eeciuitments made Ilul'ing the year to suppoi't the mission of the chaTity, including & inanagei, foi the No. 40 pi'oject. Overall expenses increased to £197,493 (2022 £161,644) maiiily due to the largEL staff team and an additional event tosts. As a iesult the ch&iity generated & siu'pIu8 for the year of £22,751 {2022 - £36,319). FUTURE PLANS Oui. efforts in the eoming yeai, will be focused on developing the work of ow. Open House wellbeing piybject. Having est&blished di'op-in sessians at No 40, we will look to extend the WOLIC into workshops offeTLllg life-skills training and wellbeing a¢tivitie8, aT]d opportunities for faith exploration. CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST TRUSTEES, REPORT WoLking with local chuiches, we will fortn 3 local Open House Hubs, in the City Centie, in kn.buiy and in Queen EdithlCheTiy Hinton. Chuirhes will collaboiate on a skn'&t8gy foi, community engagement, and offei. pathway$ into exploi'ing the gospel. We will &ini to trial &n Alternative Piovision programme foi. local young people at iisk of exc1118ion from school, Yunning at No 40, one day per week. The Enterprise and Business Challenge will be L'elAunched with a new eohort tsf year g students, and we will exploi'e upportunitieg foi mkiltiplicatLOn. Oui. Catalyst pi'ogiamme will be boosted by new tTainee8 joining the team and Setting up new PIIL'tnei'ship8 With local chlli'ches. Oui. WOLk in St Neots will enteT a new phase in its fouith year as we look tD establish its independenoe by 2027. Fort Rocky will take place, pei,haps Rt a new venue As we look to keep the event affoi'dable foi. as Inany yoiing people ag possible. RESERVES POLICY The T]v8tees have agLeed that it would be pi'udent, if possible, to maknt&in the level of Yeseives to cover two months, salai'y payment5. Thi5 sets the i'esei've5 tai'get at £23,334 (2022 - £18,837). Unk'estricted eagh balanees at 31 Deeember 2023 were &97.648 (2022 £117,317), which is well in excess Of this LEsErves limkt following some substantial donations in the cui'ient ancl pievious year inten(led to 8UPPOLt the long-terin mission of the chai'ity. Overall the ieseL'ves p08ltion has impToved compared to 2022 and the net asscts ol tlic chai'ity at thc ycai-end welc £172,047 (2022 £L49,296), of which £82,42512022 £41,753) wei'e allocated to re8tiicted funds. PUBLIC BENEFIT In developing the actiTrryties of the Clial'ity the Trnstee5 have hkd due iegai,d to the gLiid&nee on publie benefit 188ued by the ChAiity Cotnmission. Dui'tng the yeai, tbe Trustees reviewed the publie beneflt in the light of Chaiity Con]mi85ioTh guidance and a￿'eed that the eharity's activities benefit the public with no discrimination Yegards gender. age, i&ce, faith, disability oi sexuality. REVIEW OF RISKS The TLWStees have reviewed potential major iisks to which the ch&iity could be exposed and have established 8yStems and controls to mltigate those iisk8. The following iisks are considered Significant to the ehai'ity, with the mitigation actions undertaken.. L05s of key staff. Regular meetings al'e held between settlor staff to identify eoneerns, which al'e fed back to the Trusteeg Via the Direetoi.. Folmal anniial appi'aigals include setting motivatlDnal targets. Rewai'd packages are reviewed annually to ensure competitive foi. the type of role. Insufficieiit funds to meet budget. Staff and trustees are actively monitoi'ing income and reviewing operational activities to ensure finance8 are well managed. Annual budgets ale appi'oved by the Boai'd of Th'ustees. All projects must opeTate within the budget oi iesubniit plans foi approval. Reports ai"e provided by ¢he Th'easui'er to the TILl8tees at each bi-monthly meeting on financial status and piogyess against bLidget, highlighting potential shoitfalls, Iniui-y to children or staff. Risk assessments ale pei'foimed foi all planned activities. Bi'iefings are provided to st&ff involved to enipha8J8e the impoitance of safety and ensuye CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST TRUSTEES, REPORT safety p1￿CedU￿e8 are propei'ly understood and implemented, Fir8t-&id training 18 given to all staff. Aecusations of abuse. The chairyty has a documented safegiiaiding policy, overgeen by safegU￿,ding officer which is i'eviewed and appyoved by the Trustees annually and piYTrvided tD all staff. RegiLIRr staff training and updates Al'e piY)vided on safeguai'ding matters to maintain & cultuie of cake. The Ti'ustees considei that these risks have been adequately addresged by the mitigation Rctions. SAFEGUARDING A small nunibei of caiises foi concei'n were iecoided duLing 2023. Foi'tunately ttoRie Leqtsii'ed escalation to statutory Sèl'viees. Tbe Ti'ustees reviewed and disseniinated the Youth fol, Christ safeDiai.ding policy, ensuled that traRning was up to Ilate foi, all employed staff and volunteers, and adopted & policy foi. on-line safety, which illclude8 advice to staff on theiL' own use of social media. CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST TRUSTEES, REPORT STATEMENT OF TRUSTEES, RESPONSIBILITIES Law applieable to eharities in England & Wales i'equii'e the Th'ustees to pi'epaie financial statements for each financial pei'iod reflecting the chaTkty's financial aetivities duiing the peiiod And of its financial position at the end of the period. In pi'epaiing those financial statements the Tiustees ale i'eqiiiTed to.. {11 Select siiitable accounting policies and then apply them consistently {21 m￿lie jiidge]nent$ and estitnates that al'e i'easonable and pi'uclent {31 State whethel apylicable accounting 8tandaids and statements of reeommended practice have been followed 9ubject tts any departuies Ilisclosed and explained in the finaneial statejnents, and (4) Prepare the finaneial statements on a going concern basi8 unless it is inappi'opiiate to piesiLme that the charity wkll eontinue in buaine$8. The Trustees are i'esponsible foi keeping aceouiiting i'ecords whieh dis¢108e with ieasonable accuiacy t any time the finanr.ial positiDn Df the chai'ity ancl enable them Lo enswe that the fia]ancial statements coinply with the Chaiities Act 2011. They ake also iespon8ible for safeguai,ding the assets of the chaiity and hence foi taking i'easonable steps EOL the prevention and cletection of fi'aud or otlier iYi'egulak'itie8. DECLARATION The TrusteES declare that they have appioved the Tiustees, Leport alM)ve Signed on behalf of the charity's Tiustees: A Swann Tiiistee Date.. 11 OC40be￿ 2ozLP INDFPENDENT FX4MINBR'S REPORT TO THE TRUSTEES OF CAMBRIDGE AND DISTRICT YOUTH FOR CIIRIST I repoi't on the accoLints of C&mbi'idge anil Distriet Y(>iith for Chi'ist (Charity nuttibei, 1097834) fot the yeai ended 31 December 2023 compAising the Statement of financial activitie8 lineluding the income nd expenditiii'e Aceountl, the bsl&nce sheet 2nd th& related notes I to 14. Respective responsibilities of trustees and examiner The Charity's Trustees are i'egponsible foi the pyepat'ation of the aecounts. The chariLy'8 Tr'ustee8 eonsidei, that an aiiclkt is not ieqiiired foi. this yeai iiThdei' section 144{21 of the Charities Aet 2011 {the 2011 Aet) and that aLI indepeiident examination is needed. It 18 my iesponsibility to.. examine the accounts undeL Section 145 of the 2011 Act, to follow the pi'oceduiE8 laid down in the genei'al Dii'ec¢ions given by the Charity Commission {undei' section 145{5)(b) of the 2011 Act, and to state whethei particulai. mattel's have come to my attention. Basis of independent exanllner's statement My examination was cari'ied oiit in accord&nce with geneial DiiectTrons given by the Charity Commission. Au examination inolude8 a review of ¢he acooiinting iecoi'ds kept by the ¢hai'ity and a eompat'ison of the accoiints pi'esented with those recoi.ds. It also includos considei'ation ot any unusual items t)1 dkgLIusLiies in the aLrDuThts, and seeking explanations from the TLU8tee8 conceining any Sue mattel's. The piyjeediii'es undei'taken dck not pi'ovide all the evidence that would be i'equii'ed in an audit, and eonsequently no opinion is given as to whethei the accounts pregellt a 'true and fair, ￿TreW and the repoit is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter ha8 come to my attention l. which gkveg me i'eastsnable cause to believe that in, any matei'ial i'e9peet, the requkl'ements.. to keep accoiintkng iecoidB in accoidance wkth sectioE] 130 of the 2011 Act. and to pi'&paTe accounts which accoi.d with the accoiinting I'ecords and COEnply with the accounting requiiements of the 2011 Act have not been met., oi 2. to which, in my opinion, attention should be diawn in ordei. to enable a proper understanding of the accoLint8 to be leached. T Russell (ACAI Cambi'Rdge, United Kingdom Date.. 17 arfU(r CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI Year ended 31 Decernber 2023 Unrestrica Restricted ted funds fiinds 2023 Total Uni'e8tric- Restiicted fund. ted funds funds 2023 2022 2022 Total ftinds 2022 Note 2023 INCOME Income from raising funds: Voluntary kncome Grant income Gift aid ineonie Investment income 113,324 6,OUO 10,290 116 14,076 127,399 311,022 3,811 85,818 33,438 11,429 26 2,383 11,419 46 88,201 44,857 11,894 26 14,101 116 Income from charitable activities- Events and resoiilte income Sei'viees foi. churches 9,295 2.111 9,295 25,311 13,238 2,770 350 26,627 13,588 23,200 Total incoming resource8 141,136 79,108 220,244 146,719 41,244 187,963 EXPENDITURE ON Raising ftindg Chalitable activiti8s Other cost8 (2.783) (200) (2,983) {3,521) {295) {3,816) (124.926) (56,966) (181,892) (104,650) 138,533) (148,183) (11,410) (1,208) (12,618) {4,080) {565) {4,645) Total expenditure (139,119> (58,374) (197,498) (112,251) 139,393) (151,644) NET MOVEMENT IN FUNDS 2,017 20,734 22,751 34,468 1,851 36,319 Total funds bTought fol.w￿d 107,543 41.753 149,296 73,075 39,902 112,977 Tt'ansfers between funds io (19.938) 19,938 TOTAL FUNDS CARRIED FORWARD 89,622 82,425 172,047 107,543 41,753 149,296 The statement of financial aetivities includes all gains and Ios8e8 in the year. All activitie5 ￿'e derived fyom eoL]tinuing operation5. CAMBRIDGE AND DISTRICTYOUTH FOR CHRIST BALANCE SHEET 31 December 2023 Note Unrestric• Restricted ted funds funds 2023 2023 Total Unre8ti?c- Restiicted funds ted funds fiinds 2023 2022 2022 Total funds 2022 CURRENT ASSETS DcbtOl8 ryAsh at bank and in hand 12,126 97,648 1,902 80,523 14,028 178,171 9,612 117,.317 404 41,349 10,016 158,666 109,774 82,425 192,199 126,929 41,753 168,682 CREDITORS: amounts falling due within one yer4r (20,152) (20,152) (19,3861 (19,3861 NET CURRENT ASSETS 89,622 82,425 172,047 107,548 41,753 149,296 NET ASSETS li 89,622 82,425 172,047 107,543 41,753 149,296 FUNDS OF THE CHARITY Unrestricted funds.. General funds io 89,622 89,622 107,543 107,543 Re8ti'icted funds io 82,425 82,425 41,753 41,753 TOTAL FUNDS 89.622 82,425 172,047 107,542 41,753 149,296 The account8 of Cambridge and District Youth for Chiist liegisteied niimbei 10978341 weie apploved by the Ti'ustees and authorised for issue on the date shown below. Signed on behalf of the Th.ustees A Swann Trustee Date.. Il oJoUm 8eTvice8 to chui'eheg 19 recogni5ed once the 8eLryTice 18 deliveiTd. Grants and donations Gi'ants and donations aL'e only incliLded in the SOFA when the ehai'ity bas unconditional entitlement to the resources. Tax reelaints on donations and gifts Incoming i'esoiiYceÉ Eioni tax ieclaims are incliided in the SOFA at the same time as the gift to which they relate. Investlnent income Investment income is included in the &ccoiints when receiv&ble. Liability recognition Lkabilities are i'eeognised as sotrn as there is a legal oi consti'uctiye obligation eommitting the chaiity to pay out iesouires. CAMBRIDGE AND DISTRICT YOUTH FOR CHRIST NOTES TO THE FINANCIALSTATEMENTS Year ended 31 December 2023 ACCOUNTING POLICIES (continued) Donations issued Wheie the chai'ity gives a donation with Conditions foi its paynient being a specifie level of 8ervkce oi. oiitput to be piovided, such ￿'ants aye L)nly recognised in the SOFA once the iecipient of the giant has provided the specified service oy output. Giants payable without pei'foiinance eonditions ale only iecognised in the accounts wlien a eoinmitment has been made and thei'e al'e no condRtions to be met. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY In application IJE the Lharity'8 accounting policies which are de9eL'ibed in note I, the Ti'ustees al'e ieqiiired to make judgements, estimates ancl assumptions about the caliying amounts of assets and Ikabilities that al'e not ieadily appai'ent fiom other 8ouYce8. The estimate8 and associated SSLimptions aiE based on histoillc&l experience and othei factors that al'e eon8iLleYed to be i'elevant. Actual Lesults inay diffei, from estimates. The estimates &nd undei'lying assuinptions are icvicwed on an ongoing basts, Revision5 to accounting estitnates al'e iecoguised in the period in whirh the estimate 18 ieviseil if the revision only affocts that peiry(Trd, oi. in the peiiod Df the IEvision and future pei'iods if the revision affeets both CULI'ent and fiiture peiiods. Income recognition The chai'ity reeognises incoiiic fiDm donations to thp pxtÉb.nt it is entitled to the funds, cash has been i'eceived oi, is viitually certain to be, and wheie the anioiint eav) be qLianLifiecl with sutyir.ient ieliability. Judgenient is requii'ed to detei'inine the point at which these eonditions have been inet. The ch21ity assesses each donation on an ongoing bksis to evaluate progL*SS against grant conditiuns. Accrued expenditui. The chal'lty i'ecognises cei'tain cost8 incuiied diiying the fEnancial period, ineluding 8taff expenses aLid event costs, which have yet to be invoicecl. The amounts recorded Teqiiii'e judgement based on the best estimate of costs inculied, t&king into consideration 8imilaT expen the charity had any pei'80naE inteiest in any conti &ct oi. transaction enteled into by the ehayity dulring the year. 14. ULTIMATE CONTROLLING PARTY In the opinÉon of the Ti'ustee8, the charity has no uleiinate conti'olling paity. 18