The KeDelm Youth Trust Limited
Report of the Trustees and Consolidated ￿M￿ne[al StstemeDts
for the Year Ended
31st December 2024

The Kenelm Youth Trust Umlted
ConteDts of the Consolidated finaneial Statements
for the Year Ended 31st December 2024
Page
Report of the Trustees
Report of the Independ￿t Audito
12
Consolidated Statement of Financial Activitie5
16
Consolidated Balance Sheet
17
Con￿lidated Statement of Cash Flows
18
Notes to the Consolidated Slatement of C&sh Fk>ws
19
Notes to the Consolidated Financial Statements
20

The Kenelm Youth Tn￿t Llmited
Report of the Trustees for the Yar Eoded 31st December 2024
The Trustees present their report with the financial statements of the charitable company for the y&v ended 3 1st
December 2024, which are also prepared to meet the requirem¢nts for a directors, ￿pOrt and financial
statements for Companies Act PUryM)ses.
The financial statements comply with the charity's goveming documenL the Charities Act 2011 and Accounting
and Reporting by Charities: Ststement of Recommended P￿tICe applicable to charities preparing their accounts
in arKordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective IA January 2019).
REFERENCE AND ADMINI￿RATIVE INFORMATION
Name:
The Kenelm Youth Trust Limited
Registered Company Number
768251Y) (England and Wales)
Regtstered Charity Number
1144209
Registered OffKe:
Alton Castle
Castle Hill Road
Alton
Stsffordshire
STIO 4TT
Trustees and Directors
The directors of the charitable company are its Trustees for the purpose of charity and throughout this report
are collectively referyed to as th¢ Tn
Trustees serving during the paiod were as follows:
Miss H Bardy
Mrs C Clement
Mrs D Ferris
Mr E Howard
Ms C Keane
Mr P Lucas
Mr C Martin
Bishop T Menezes
Mrs C Pears
. appointed i ith September 2024
- appointed 13th September 2024
- ap￿Intsd P Sept¢mb¢r 2024
The following were appointed as Trustees after 314 December 2024 but prior to the date of this reporL'
Canon G Buckby
Mrs L Cooke
Mrs C Davies
The following resigned as Trustee after 31$ DeC￿ber2O24 but prior to the date of this repoTt.
Miss H Bordy
Mrs C Clement
Auditors:
Rice & Co Limit¢d
Chartered Accountants
Statutory Auditors
14a Market Pla
Uttox¢ter
Staffordshire
ST14 8HP
Chief Executlve Officer
Mrs S Sat¢h¢ll
Page I

The Kenelm Youth Tru$t Limlted
Report of the Trustees for the Year Ended 31st D¢¢ember 2024
COVERNANCE AND MANAGEMENT
Constitution and Governing Document
The Organisation is a charitable company limited by guarantee and is governed by the ternis set out in its
Memorandum and Articles of Association.
Appointment and Tralnlng of Trustees
New TnL8t¢es are appointed by th¢ Archbishop of Binningham. Trustee training is ¢arried out at meetings of the
TNstee5 and in induction trdining at the centres and offices with sthff and the CEO.
Statement of Tru$tees9 Responslbllltles
The Trnstees are responsible for preparing the Report of the Trustees and financial statements in accordance
with applicable law and regulations.
Company law and the law applicable to charities in England and Wales requires th¢ Trustees to prepare financial
statements for each financial period. Under that law the Trustees have elected to prepare the financial statements
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019). Under company law. the Trustees must not approve the financial ststsments unless
they are satisfied that they give a true and fair view of the 5tste of affairs of the charitable company and of the
incoming resources and application of resources, in¢luding the income and expenditure. of the ¢haritsble
company for that period. In preparin8 these fmancial slatements the T￿Stres ar¢ required to:
select suitable accounting policies and then apply them ￿)nsistentIyI
observe the methods and principles in the Charities Ststement of Recommended Pra¢ti¢e (SORP 2019);
make Judgements and estimates that are reasonable and prudent;
stste whether appIl￿ble accountin8 Standards have been ft*llowed, subject to any material departures
disclosed and explained in the financial statements: and
prepare the financial statements on th¢ going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The Trustees ar¢ responsible for keeping adequate accounting records that are sufficient to show and explain the
¢haritable company's transactions and disclose with reasonable accuracy al any time the financial position of the
charitable company and enable them to ensure that the fjnancial statements comply with the Charities Act 2011
and Companies A¢t 2006. They are also responsible for safeguarding the assets of the ¢haritabl¢ company and
hence for thking reasonable steps for the prevention and detection of fraud and other iryularities.
OrgAnisgtion
The Board of Trustees of The Kenelrn Youth Ttust Limited has responsibility for setting and monitoring
perforniance of Kenelm against the strategic objectives and meets a minimum of six times a year. The Trustees
have three committees to ￿$1St them in their duties:
Finance. Land & HR Commlttee
Chair: Mr Edward Howard
Members include two trusttts. CEO, the Centre Manager responsible for H & S and co-opted rnembers. The
Finance, Land & HR committee meets a minimum of four times per year and considers specific issues in greater
detail and makes recommendations to the Board on issues of financial reportin& HR matters, major projec
internal financial controls, risk management and the monitoring of cornplian¢e with relevant law and good
prn¢ti¢¢.
Fundraising.. Communicalions, and Markning Commillee
Chair: Mrs Catherine Clement
Members include two trustees. the CEO, and ¢04ipted rnembers. The Fundrnisin& Communications and
Marketing Committee meets a minimum of fjve times a year. It supports and guides the fundraising function of
The Trus¢ monitors communication to stakeholders, actively plans key annual fundraising events and supports
Grants to Foundations.
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The Kenelm Youth Trust Lirnited
Report of the Tntstees for lh¢ Year Ended 31st December 2024
Youth Minisiry Committee
Chair. Ms Carniel Keane
Members include tsvo trnstees. the CEO and ¢o-OPted members. The Youth Ministy Committee meet a
minimum of three times a year and it supports and guides the overall strategic direction of the Youth Ministy
Programme across the Trust to ensure that the Youth Ministy Programmes meet with the Trust's and
Archdiocesan Mission. The committee also oversees Youth Ministy programmes across all &spects of the Trust
and ensures that the Trust has a visible presence at events within the Ar¢hdiocese and National and International
where it may b¢ deemed appropriate.
Responsibility for day-to-day operations has been del¢gated to Sandra Satchell. the organisation's ¢hief
executive officer.
Rlsk Statement
The TNstees regularly review the major risks to which the Ory3anisation is exposed. System5 safeguardin8
against such risks are in place to mitigate any risks as far as possible.
Key Management Personnel Remuner8tlon Pollcy
Key management personnel remuneration is set by the Trustees wlth reference to Diocesan benchmarks and
similar roles advertised nationally.
WELCOMETO KENELM YOUTH TRUST
The Kenelm Youth Trust is Committed to serving young people in the Archdiocese of Binningham and beyond.
Through its direct fa¢e-tO-fa¢e work and through the tratning* resour¢es and support provided to other Youth
Leaders, Lay Chaplains and others the Trust serves hundrets of young people ¢v¢ry day. The Trust works with
Children of all faiths or none.
The work of The Trust is Carried out in four 'd¢partments':
Alton Castle Ruldentlal C¢ntr¢ for Ilk14 year olds
Alton C&8tle 1$ a thriving residential centre for l 0-14 year olds, operating since 1996 as a retreat centre. In 2022
we ¢¢l¢brated the 25th anniversary of The Castle as a youth ¢entre.
It has large meeting spaces, a splendid historic dining room and sleeps up to 100 guests. Th¢ Castle is a
Scheduled Monument and Grade I listed building surrounded by ancient woodland. Alton Castle has a
reputation for offering wonderful outdoor educational and spiritual activities such as biking. archery. climbing
and trekking. There is a dynamic peer-l￿peer education team trained to facilitate the work with the children
under the direction of qualified staff.
Our current goals are:
Growing Parish Youth Provision to support families and young people.
Reduce overheads where possible while having an attractive. safe and vibrant environmenL
Provide holistic retreats and programmes for up to five days for spiritual and personal development
which compliment other educational programmes.
Building capacity with staff and team to provide more programmes and to support more young people.
Consolidate the Bookings System with digital technology.
Develop the grounds and site. implement the Biodiversity Project planned within the unique heritage.
and creating wonderful educational spaces for children.
Major capital project". Implement the Roof and Dorner window work to Guildhall to make watertight.
Major capital project: We are considering improvements to th¢ Castle and grounds.
Provide dynamic and challenging outdoor educational activities.
Ensure the Castle programmes are accessible for children with disabilities and young people who are
disadvantaged by reason of poverty, bereavemen¢ or social opportunities.
To work towards reducing the carbon footprint of the project.
Consider new ways to work with Multi A¢ademy Trusts to enhance occupancy rates.
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The Kenelm Youth Tn￿ Limited
Report of the Trnstees for tbe Year Ended 31st December 2024
Soli Centre for Youth Ministry- residential and outreach work witb 14-25 year olds
The Soli Centre has been operating as a welcoming and cosy Centre for Youth Ministy in Alton. adjacent to
Alton Castle wher¢ we specialisc in bes￿ke residential retreats for young people 14-25 years ol<L The Soli
Team consists of a community of young adults and pemianent stsff who are dedicats4 not only to helping
young people, but also to growing together in a community of faith and prnyer. The Soli team also Ixing the
m¢55age of Christ to schools and parishes through outreach prOg￿Me4 music ministry. mission weeks and
other events. The ministy is designed to meet the needs of people from a wide range of backgrounds. bringing
them together in intensive rthats offering ￿ experience of Christian community in which life and faith is
shared and celebrate(L
Soli Team members serve for a y¢ar or more &$ peer-ttrpeer youth ministers sharing their experiences as young
Christian5. Through this peer mini5ty approacK young volunteers journey together with teenagers and young
adults through positive peNJnal developmfflt progrdmmes and activities.
The Soli Project in the period developed some new areas of Work and reestsblished some important offerings:
Grow Young LeadeTS- a n¢w Weekend PrO￿￿rne called Limitless continues to grow.
The Progression on residenti￿ programmes has been embedded to nurture young people in personal
and faith fonnation including piloting materials for Catholic Social Teaching.
Investing in young leaders through Apprfflticeship ￿heMeS and trdining opportunities.
Increase its work with 6th forn)ers.
Offer work to support young people in particular develop well-being and mental health retreat sessions.
Offer extensive progression in varied residential programmes for different age gTOUPS.
Explore importsnt life and faith issues in a relevant way through the peer education team and trained
Reach out to disadvantaged young people.
Pilot programmes 2nd retreats for Young C8retS.
Develop its Programmes in rwonse to the SYNODAL listening and consultation exercises.
Continue to make improvements in the facilities including updating CCTV security and internet
¢onne¢tions.
Undertaking a huge capital projeU on the Guildhall to bring it back into use
Parish Communlty and Diocesan based Youth Ministry Servius (BCYS)
BCYS are a small team of highly skilled youth worker5 who work across the I I deaneries of the Archdiocese of
Birniingham which incorporates 208 parishes and wish clusters to bring and serve vibrant Youth Ministy at
Parish level. The work includes Liturgy. Prayer. S(Kial Action, Evangelisation, Catechesis. SporL Gathered
Events. Adventure Weekend& Summer Camps and other attractive opportunities for young people and young
leaders. It works with young people from 10 years to 25 years old
BCYS have accompanied over 750 young people through diocesan events pilgrimages and support to youth
groups. Throughout 2024 BCYS offered a wide rdnge of training for adults in parishes and delivered 210
Iraining opportunities through Bethsaida (the Dio¢esan Parish Youth ministy certificated ¢ours¢), Mentsl
Health First Aid safeguardin& writing risk assessmenty our award schemes JPII and Faith in Action.
Leadership. Peer mentoring and Alpha leadership.
As well as the local social adion opportunities animated by this team, a group of 20 young adults raised funds
and did a Caritas mission fortnight in Malawi in July 2024. This involved a huge amount of planning,
fundraising and responsibilities &8 the young adults planned educational activities for schools medical centre
visits and fundraised for resources. They visited a Jesuit Institute working on edurAtion around climate change
and fundrdised to supply families with seeds dc for plantin
BCYS have also supported ¢lergy and parithes with recruiting voluntttr4 developing a parish vtsion for youth
ministry. encouraging volunteers to recomKct with young people and tske their fiTSt steps into parish youth
ministy with regular face to face meetings with ckrgy, parish youth ministy volunteers and junior kaders.
BCYS have supported over 40 parish youth groups with visits and a Forniation Retreat for leaders. It has built
up our networK 'Gathered' for Parish leaders. creating a cultLwe of community across parishes and clusters. The
Trust created regular resour¢4 a tool kit for practic￿ help and guidance. a calendar of events and a new priva
Facebook page for leaders.
Pag¢ 4

Th¢ Kenelm Youth Trust IAmlted
Report of the Trustee5 for the Year Ended 31st Deeember 2024
In 2024 again staff have been integral in the leadership of the Dtocesan Pilgrimage to ￿Urde$ coordinating the
schools, parish and youth ministry section of over 200 young people and 350 parishioners and leading on
safeguarding arrangements. This is a vibrant part of diocesan life, the young people serve the SICK and any
pilgrims in need of mobility supp(Mt
BCYS have strategicalty contributed to diocesan life through SYNODAL listening. the Climate Action Group
for the Diocese working to raise awareness and reduce the impact of climate Change. and the Safeguarding
support and training for parishes.
The Trust is committed to providing high quality re￿Xrn and over 300 has been dedicated to the
d¢v¢lopment of both free and paid for Resourtts. Digitsl Reswrces for the 16+ faith 8nd ethical questions were
laun¢h¢d in 2024.
During 2024, there were 63 training sessions for aduh voluntttr4 these were wepared and facilitated face to
face and online, covering Mental Health Awareness. connecting with young people. youth leadership, digital
youth ministry, sharing faith and prayin8 with young people. safeguardin& mentoring and Youth Alpha
leadership Courses.
The Team are organising and a¢¢ompanying a large group to participate in the Flame 2025 Catholic Youth
Event at Wembley in March 2025.
The Digitsl Ministy Worker has enabled our online presence to extend our communication$ with young people.
We are grateful to Trusts and Benefactors for supporting the developnent this important online presence
Secondary Sebool Chaplalney Support and Trnlnlng (lay ChApknlncy)
The Kenelm Cliaplaincy provision partners wtth the staff in Multi Academy Companies and secondary schools
in the West Midlands by providing training resources and other opwrtunilies. Over 40.000 young people are
served, inspire<L and impacted by the minisoy of Lay Chaplain&
Lay Chaplaincy has develO￿d a series of comprehensive and creative Mental Health Re%)Ur￿ for Young
People called Quo Vadis. Our hugely successful Quo Vadis Project builds the mental resilience of youn8 people
through the provision of Culturally diverse. differentiated Catholic mental health and well-being resources
(www.kenelmyouthtrust.or8.uk/secondaryquovvadi$.html).
A unique resource. it 0ri8inally deVel￿d to help youth ministy respond to the pandemic and the emerging
mental health crisis amon8St young people. The programme enabled young p¢opl¢ to navigate their way through
Covid, developing personal resilien￿ and t￿lS to pnKess their thou8hts ustn8 the centrality of faith as the basis
for their recovery and healing.
Quo Vadis is offered in a variety of ways so that schools and parish groups can choose a style that suits their
particular circumstances. It is designed to be a flexible ,￿b and go resour¢e' (one for primary ￿hOolS and one
for secondary schools) delivered in 6 sessions with an accompanying journal. To maximise scope and reach. the
resources sit on an online leaming platforni.
During the think tanks last year, young people highlighted the areas of the faith that hard to grapple with. To
enable intelligenL robust and p8stQTal conversation around these topics. a brand new digital resource was
created. Illumine is a resource aimed at our 6th forni and university students. It explores topics such a sexuality,
gender and sufftring and dives into these are￿ usin8 Spirits￿ synodal conversations. This resour￿ also Sits on
our onlin¢ learning platfonn.
Recent achievements include:
Over l 00 young people have been trdined to be student leaders in their own communities. Focusing on
Laudato Si and exploring Our Common Home* young people were empowered to be able to go back to
their own ¢ommunities and make an impact using the practical tools they had l¢amed.
There are 30 Lay Chaplains serving 28 school&
Quo Vadis now serves 44 Primary ￿h0O15 and 29 Secondary Schools.
This year over 50 Student Mental Health Ambassadors were trained in 6th forms.
Over 60 hours of training offered this year.
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The Kenelm Youth Trust Limlted
Report of the Trust¢¢s for tbe Year Ended 31st December 2024
Illumine was released - a new resource to explore lopics with young adults around faith issues such as
suffering, science and gender.
Significant planning and development for our new Spotlight Deep dive Catholi¢ Mentsl Health
Resources was undertaken
The value of the Lay Chaplain continues to be reCO￿lsed by our secondary schools where annual contributions
assist in funding the p05t. This role has provided training and networking opportunities for Lay Chaplaincy as
well as professional advice for secondary s¢hool leadership.
The Work includ¢$:
Support and professional advi¢e to Principals. Heads and S¢nior School Leadership for guidance in
attracting, recruiting and appointing Lay Chaplains.
The Chaplaincy Co-ordinator also provides bespoke induction and training for newly appointed
secondary school Chaplaincy staff.
Provision of the Perxsn in Charge of Catholic Life (PICCLS) CPDF program twice a year at the DES.
Regular professional development of Lay Chaplains.
Non-management supervision.
Developing strong links with the Catholic Education Service.
Delivery of a year-long Certificate in Chaplaincy.
Facilitating the sharing of resources and good practice.
Student Chaplaincy Training and development.
Trading Subsidiary- Kendm Hospitality Limited
In order to mitigate any risk to the ¢harity'S asse￿ a wholly owned subsidiary company• Kenelm Hospitality
Limited operates to undertake commercial lettings of the charity's property. All profits of Kenelm Hospitality
Limited are donated to the charity on an annual basis under the gift aid scheme. The financial statements of
Kenelm Hospitality Limited are inco￿Orated into the accompanying consolidated fmancial s&itements.
OWECTIVES
The Charity's objects are:
To help and advance the education of children and young people in Birniingham, the Black County.
Coventy. Oxfordshire, Staffordshire. Warwickshire and Worcestershire (the "area of benefit") so as to
develop their physical. mental and spiritual capacities that they may grow to full maturity as
individuals and members of society and so that their conditions of life may be improved.
To advanrx the spiritual development of children and young people by the provision of support and
assisL2nce.
To provide educational and recreational activities for children and young people living in the area of
benefit who have need by reason of their age. Infi￿lty OT disability. poverty or social and economic
¢ir¢urnstances with a view to improving their future prospects.
To provide training and developrnent opportunities for young people and adults so they are able to
undertake leadership roles within the Charity Ènd within their communities.
To or for such other charitable purposes &$ the Directors rnay from time to time detemiine in pursuance
of the objects.
The airns of the Trust are:
To offer high impact residential experiences to schools, parishes and youth organisations at the two
residential Centres.
To foster the Holistic Educ*ional Development (spiritual, personal, moral, mentsl and emotional
wellbeing) of young people.
To develop and support Parishlcommunity based Youth Ministy.
To train the staff and volunteers in the Centres and out in the community to qualify them to encourage
the personal development of e￿h young person to reach their greatest potential.
To offer vocational training and support to Youth Workers. Youth Ministers, and Secondary School
Lay Chaplains.
To develop networks of youth groups and events for young people and young adults.
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The Kenelm Youth Trust Limited
Report of the Trustees for the Year Ended 31st December 2024
The main objectives of The Trust for the year were:
Develop digital work with young people and leaders.
Provide a rich and varied the calendar of Youth Events.
Undertake Major Capital works on the Guildhall roof and dorn]er windows and review the prioritie5
from the Quinquennial Report for the properties at Alton.
Consider income streams to support the charitable activities.
Continue with SYNODAL ¢onversations with young people.
Continue to develop well-being and mental health programmes and resources.
Review adventurous activities and renew equipment as required.
Embed the new bookings system and invest in digitsl technology to support the new system.
Re -commence Young Adults Ministy.
Review the health and safety aspects of the site and plan for improvements and upgrades as required.
Plans to ensure Alton as a histori¢ site, and Soli meets best prdctice.
The Faith Forniation. skills development of young adult and adult volunteers.
Re-establish Parish Youth Ministy at local level.
Extend the sumrner camp programme to reach more young people.
Offer a major Social A¢tjOD Witas project for Young Adults 18-29.
To increase the number of young people at the Lourdes Annual Pilgrimage and grow the level of
participation by Young Pilgrims.
Ongoing review of the three-year business plan and budgets in consultation with expert advice with a
focus on climate issues and commilment to work towards Netzero carbon emissions by 2030.
Review Energy provision and costs while aiming at being Netzero by 2030.
In setting the objectives and planning our activities, the Trustees have given careful consideration to the Charity
Commission's genernl guidance on public benefit. All of our activities are undertaken to fyrth¢r our charitable
activities for the public benefit. In working to our ¢harAtsble objectives we offered a number of subsidised and
free places and activities on a donation basis to disadvantsged young people to enable full participation.
ACTIVITIE& ACHIEVEMENTS AND PERFORMANCE
History
For over 75 years The Ar¢hdio¢ese of Birmingham has fostered a range of youth provision activity thai has
included a Commitment to both creative residential retreat work with young people and parish and community-
based youth work.
In June 2011 the decision was made to estsblish a Youth Trust and amalgamate all elements and establish a
¢ollaboration with the Depathent of Education (DES) to support the development of School Chaplaincy. Since
2016 Alton Castle, Chaplaincy, BCYS and Soli Centre have opernted together and under the banner of The
Kenelm Youth Trust. Soli has moved to Alton, and we enjoy economy of scales and greater efficacy.
Historie Property
From 2016 The Kenelm Youth Trust has secured four 99-year Leases to incorpordte all the buildings and
grounds used by the projects in Alton. We have been in discussions with the Archdiocese of Birniingham
regarding the use of properties and land in Alton for the long-tenn use for work with young people and to
develop a sustainable futur¢ for the work of The Kenelm Youth Tn￿. These include the site of Alton Castle. the
site of St Johns School and Playground and St Johns Convent adjacent to St John the Baptist Roman Catholic
Church. a large piece of land and woodland in the Churnet Valley and the Stsbl¢s bungalow, and the 'Soli
Centre for Youth Ministy,, adjacent to the Castle grounds.
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The Kenelm Youth Trust Limited
Report of the Trustees for the Year Ended 31$t Deeember 2024
Aehievements and Performance
Once again, this report can only provide a glimpse into the breadth of vibrant work undertaken by Kenelm to.
with, by and for young people. The other part of the story is in the testimony of those who visit and work at the
residential Centres or the Countless young people across the West Midlands serviced by our Parish team of
Youth Development staff and volunteers. High impact experiences are facilitsted lo grow well-being and
Spiritual Forniation. The Centres at Alton welcomed over I 1,000 young people in 2024. Kenelm also continu¢5
to develop imaginative and vibrant pi¢res of worf( to engage with young people and respond to their emerging
needs. KYT are responding to the emerging issues that are evolving from continued SYNODAL processes and
from annual listening and consultations with a wide rnnge of young people and stakeholders.
During this period considerable achievcments have been made:
With external funding support The TNst employed a New Digital Ministy Worker.
A series of 3 successful Conferences were held in October 2024 exploring pastoral needs of young
people. These Tralning and Fonnation events included Clergyi Youth Ministers. Senior High S¢hool
staff and pastordl workers.
Extended professional Training in are￿ su¢h as Mental Health and Young People for stsff.
Health and Safety work and r￿e safety improvements* particularly with improvements to doors and fire
doors.
Energy contracts reviewed and new green energy ¢ontract to reduce costs.
A record number of parishes had access to a local youth provisionlactivity.
Fundin8 appeal continued for the urgent repairs to the Guildhall roof and domier windows. This six-
month major Capital Project Commenced in August 2023 and ¢xtended to fjnish in April 2024.
Internal decorations to the Guildhall have made this a welcoming and usable space once again.
Electrical works continue across the site and instalSing LED lighting.
Vehicle replacement for the aging and worn out Groundho8 with a new Kioti grounds vehicle to help
stsff care for the 63 acres of grounds and woodlands.
Significant Soli improvements and r¢novations including replacements of all bunkbeds to meet new
British standard& new mattresses and renovations to 2 bathrooms and redecoration to two complete
floors.
Across the Trust developments have in¢luded:
A new Biodiversity projecL groundwork to restore meadow, ¢learlng for new tree4 and the sowing of a
biodiverse meadow in Parthership with Severn Trent funding.
Foundations for further Young Adult Work with World Youth Day Pilgrims.
Stritegic work on business plafts and financial planning and fundraising.
Embedding the new Bookingsi CRM and Digital Contract systems.
Major Capital Works.
Planning and development of a new resour¢e$ including SYNODAL follow up and Catholic Mental
Health and Well-being Resources. We have extended our parn]er3hip with Porticus UK to support the
expansion this work, responding to Current pastoral need.
Outlook
Our hope and expectation is that Kenelm will ¢ontinue to thrive and most importantly impa¢t the Faith and
Personal development thousands of more young people.
The Tiiist aims to Continue its strategy of working directly with young people. mainly at our residential Centres
in Alton and events across the diocese, and indirectly through our trainin& resources and programmes for
parishes and schools. Alongside this work we plan on continuing to grow our Quo Vadis, catholi¢ mental health
work to support young peoples faith and mentsl well-being.
We are developing Conference style events to equip those in Youth Ministy to respond to trends in Pastoral
needs. We are also planning on further equipping Leaders including clergy with training to enable Churches and
communities to work with their youn8 people through a pilot of 'Launchpad' enabling them to develop a plan
that is relevant and realistic. This will be supported and complimented by our well estsblished Bethsaida
training programme.
The Trust plans to return again to review energy contrncts in 2025 and has committed to green energy sources.
The ¢hange in ¢ontract during 2024 should produce sorne savings.
Page 8

The Kenelm Youth Trust Limited
Report of the Trustees for the Year Ended 31st December 2024
We had budgeted a manageable deficit in 2024 due to major capital works. We are planning on having a more
stable year in 2025, with no major ¢apital projects planne4 and the outlook is promising towards managing the
increases in NI contributions expected at circa £38,000.
Appreelatlon
Appreciation is given to all the Parishes, school4 families and young people who have participated or were
involved in groups, trips. activities, and events, enabling the Trust to achieve its aims and goals.
The Trust believe our staff and Mission Team are our most valuable resource and we continue to devek¥P their
skills with a wide range of in-house training and offer staff fonnation and retreats. Sincere gratitude is given to
our dedicated staff and volunteers. individuals. foundations. and partners, that through their time, energy and
financial supporl have ensured KYT has continued with its charitable activities in Challenging time&
FINANCIAL REVIEW
Revlew ofihe Flnanclal Year
The financial year reflects a continuation of the previous year's Erowth in activity and income. However, this
increase has once again been achieved through in¢reases in costs an4 when coupled with ongoing major repair
projects to the Trust's buildings and a reduction in funding available in 2024 from the Archdiocese for all its
partners, an overall deficit for the year has resulted.
The ststement of financial activities shows incoming resources from pits and donations d￿reasing by £24.049
to £474,962 and incoming rasources from tharitable activities increasing by £109,072 to £1,069.089. Overall,
total income increased to £1,666,188 compared to £1,598.402 in 2023.
In¢reases in wages and salaries ¢osts. as a living wage employer, ¢oupled with higher ¢haritsble expenditure.
including support ¢osts. associated with the growth in activity and major repair projects to the Trust's buildings
has resulted in an in¢rease in total expenditure to £1,732.429 from £1,695,176 in 2023.
Soli Centre costs include the running of the listsd building of St John's old school and Guildhall. This is the
building with seven ensuite rooms and the Guildhall above it. During 2023 and 2024 there were major ¢apitsl
works carried out on the Guildhall roof and dornier windows to make this weatherproof with heritage 'like for
like, repairs. The total cost of the project was £102,359 in 2023 and £61,822 in 2024. These costs are in¢luded
in total expenditure anl although partly covered by generous grants and donations. the project has contributed
to the overall deficit in both 2023 and 2024.
In¢om¢ for parish and diocesan (BCYS) projects, training and w0￿S are supported by the Archdiocese, do not
produce charitable income and very rarely attract grdnts for core costs. Direct expenses. such as passes to Flame,
are recovered with the aim is to cover direct expenses wherever possible. The ¢ore overheads and running Costs
for thi5 department remain stable at £234,096 for 2023 and £226,058 for 2024
The overall result is a net deficit for 2024 of £6624l cOmpa￿d to a deficit of £96.774 in the previous year.
Reserves
At 31st Decernber 2024 the Trust held total reserves of £656.118, a decrease of £66241 from the previous
financial year. Of these reserves. £111863 are restricted funds, £161253 have been deSi￿ted for specif
purposes and £119288 are held as fixed &8sets, leaving a balan¢e of free reserves of £262,714.
The Board of TNstees have awed that developing 8n appropriate level of reserves is required in order to:
Meet contractual liabilities should the charity have to close. This includes redundancy pay and amounts
due to creditors.
Meet unexpected costs liTre staff cover re illness. maternty leave, parental leave, legal ¢osts.
Replace essential equipment as required.
Ensure the Trust Can continue to provide a quality Youth Service.
Provide wotking capitsl when funding pledged is paid in arrears (this can be paid up to 12 months in
arrears).
It is the aim of the Trustees to maintsin a level of free reserves equivalent to three months of the forthcoming
year's l)udgeted unrestricted expendithre. Reserves at 3111 December 2024 are in line with this policy.
Page 9

The Kenelm Youth Trust Limited
Report of the Trnstees for the Year Ended 31st Deeember 2024
Designated Funds
At 3111 December 2024 the T￿￿te¢S have designated fimds totalling £161253 as follows:
£44,913 for BCYS to be utilised in the next five years to provide youth ministy services within the
Binningham Catholic Diocese.
£1,696 to be utilised in the next two y&vs on the refurbishment of Alton Castle.
£14,441 to be utilised in the next two years to support the development of Quo Vadis. extending mental
health resources.
£56,803 to be utilised in the next three years for emergency exit stairs and rqmir of C&8tle windows.
£23,400 ￿ be utilised in the next three years for new disabled access to Alton Castle.
£10,000 to be utilised in the next three years to refurbish the Alverton Building.
£IO,(KiO to be utilised in the next two years for energy redurfion measures by making improvements to
the enviromnent through the reduction of cart)on emissions and increased sustainability.
Looking Ahead
Moving forward we must meet funding requirements for the following planned projects:
Updating disabled a¢¢¢ss inside the Castle and provide a disabled access into The Castle.
Extend effe¢tive parish and diocesan level youth provision to support Spiritual F0m￿tiOn.
Respond to the increased level of requests for Soli week long ￿h0o] mission
Extend the offer of high impact camp4 residentials and mission opportunities to ensure disadvantsged
young people can participate.
Continue training for all staff to ensure Safeguarding policies are implemented.
Develop Young Adults in their vo¢ation and understanding of their mission in the world.
Planning on New Programmes such as Retreats for Altar Servers following the successful pilot with the
Vocations Office in 2024.
Reviewing and planning to expand on KYTS work around Mental Health and Young People in
partnership with Porticus UL
Continue to offer Conference Events to raise awaren￿ and offer Fomiation on trends and need among
young people.
Continue to consider long terni Energy Plans for the tesidential centres to address the huge price
increase in green energy.
Continue with private and commercial family b￿king5 at Soli. during weekends and holidays.
Launch funthaising for Castle works. to include providing disabled access into the Castle, updating
disabled access inside the C&stle improvements to pathways. and Pugin heritage care.
Our residential centres serve mainly schoots. The strntegie direction of the Diocese to develop a strong
and flourishing Catholic Multi-Academy Company Framework provides opportunities for KYT to
work ever closer with these Education Trusts to provide ever more joined up and structured provision
across the Midland& with progression through Primary. Secondary and Sixth-fomi wovision.
The 2024 resulty while ¢hallengin& still show a pleasing trend of growth in charitable income streams and so
enable Kenelm to continue with confidence that we continue to rneet our charitable objectives. Overall, the
picture is re&sonabl¢ considering significant major works place. However. we must move fonvard with
caution. Issues affe¢ting all OTganisation4 Such as regular increases in living wage, Nl contributions. increasing
wage and energy costs, indicate that the ￿tUre will continue to be a challeng< We are grateful to our
benefactors and pathers for their ongoing committnent to yujng people.
Fhnanei41 and risk management objectives and policie
The Trust's principal finan¢ial instruments comprise of c&sh and cash equivalents. The trade creditors and trade
debtors arise from the Trusts operating activities. The Tn￿t does not currently undertake any hedging activity
and any significant fmancial risks are addressed on a case-by-case basis. The Tn￿t has no bank borrowing but
has limited credit card facilities.
Credit rffisk
The Trust's bookings policies aim at minimizing such losses and overdue debts ar¢ monitored with sch(M)Is and
customets to ensure that the Tn￿t'S exposu￿ to bad debt is not significanL
Page 10

The Kenelm Youth Trust Limited
Report of the Trustees for the Yur Ended 31st December 2024
Llquidity risk
The Trust aims to mitigate liquidity risk by managing cash generated by its operations. Flexibility is retained by
relaining surplus cash in the bank accounts. Limits on spending and policies on spending limits are in place.
srATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
In so far as the Trustees are aware at the time of approving ow trustees, annual report: there 1$ no relevant
inforn)ation. being needed by the auditor in connection with preparing their report of which the auditor is
unaware, and the truste¢& having made enquiries of fellow directors and the auditor that they ought to have
individually taken. have each taken all steps that helshe is obliged to take as a director in order to make
themselves aware of any relevant audit infonnation and to establish that the auditor is aware of that inforniation.
This report h&s been prepared In a¢¢onlance with Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Finan¢ial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective Ilt January 2019) and in
a¢¢ordance with the special provisions of Part 15 of the Companies Act 2006 relatin8 to small companies.
Approved by tPrf Board of Trustees on 3° September 2025
and signed on its behalf by
Mr E Howard- Trustee
Pagell

Independent Auditor?s Report to the Members of
The Kenelm Youth Trust Limited
Opinion
We have audited the finan¢ial statements of The Kenelm Youth Trust Limited (the ￿arent charityry and its
subsidiary (the -group￿ for the year ended 3111 December 2024 which comprise the Consolidated Ststement of
Fin8n¢ial Activities. the Consolidated Balance SheeL the Company Balance SheeL the Consolidated stateM￿t
of Cash Flow4 Notes to the Consolidated Ststement of Cash Hows and Notes to the Consolidated Financial
Ststements. including a summary of significant accounting policies. The financial rq)orting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standard4 including
Financial Reporting Standard 102 -The Financial Reporting Stsndard applicable in the UK and Republic of
Ir¢lan(r (United Kingdom Generalty AcceNed Accounting Pra¢ti¢e).
This report is made solely to the charity's memiw as a body, in accordan¢e with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might sta* to the charity's members those
matters we are required to state to them in an auditorfs report and for no other PUTPOS& To the fullest extent
pern)itted by law, we do not ac¢¢pt or &8sume responsibility to anyone other than the charity and the charity's
members as a body, for our audit worK for this reporL or for the opinions we hav¢ fonned.
In our opinion the financial statern￿ts:
give a true and fair view of the stste of the group's and of the parent charitable company's affairs as at 3181
December 2024 and of the group's incomll)8 resources and application of resources. including its income
and expenditure. for the year then ended;
have been property prepar￿ in accordance with United Kingdom Generalty A¢¢epted Accounting Practs¢e;
have been prepared in &corthce with the requirements of the Companies Act 2006.
Basb for opinion
We ¢ondu¢ted our audit in a¢¢ord8n¢¢ with tnternationaj Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are firth¢r described in the Auditor's responsibilities
for the audit of the financial statements sectii)n of our repo￿ We are independent of the ¢haritable group in
accordanr£ with the ethical requirements that are relevant to our audit of the financtal ststements in the UK.
including the FRC'S Ethical Standard. and we have fulfilled our other &hical responsibilities in accordance with
these requirements. We believe that the audit evid¢n¢¢ we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Conclu$ion$ relating to going ¢oneern
In auditing the financial statements. we have concluded that the tru*¢g use of the going concern basis of
accounting in th¢ preparntion of the financial statements is apprq)riate.
Based on the work we have wfornie4 we have not identified any Material uncertainties relating to events or
conditions thaL individually or collectively, may cast significant doubt on the company's ability to ¢ontinue as a
going concern for a period of at1¢&8t twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with rw to going concern are described in the
relevant sections of this repo
Page 12

Independent Auditor's Report to the Members of
The Kenelm Youth Trust Limited
Other information
The trustees are responsible for the other inforniation. The other infonnation comprises the inforn]ation included
in the trustees, report other than the fmancial statements and our auditor's report thereon. Our opinion on the
financial statements does not cover the other inforniation an(L except to the extent otherwise explicitly stated in
our reporL we do not express any forni of ￿urance Conclusion thereon.
In connection with our audit of the financial statements. our reswnsiTr>ility is to read the other infornlation a
in doing so, consider whether the other inforniation is material]y inconsisknt with the fmancial statements or
our knowledge obtained in the audit or otherwise appears to be materialty misstated. If we identify such material
in¢onsistencies or apparent material misstslements, we ar¢ required to deterniine wh¢theT there is a material
misstatement in the fmancial sts*ments or a material misstatement of the other infonnation. If. based on the
work we have perfornie￿ we conclude that there is a material missta*ment of this other information, we are
required to rep)rt that fa¢L
We have nothing to report in this regar
Oplnlons on other matters prexribed by the Companies Act 2006
In our opinion, based on the work undertaken in the cours¢ of the audit
the inforniation given in the trustees. report (incorporating the directors, report) for the financial year for
which the financial ststements are prwed is consistent with the fuwicial 5t2tements" and
the trustees, report (incorporating the dire£ti)rs' rem) has been prepared in accordance with applicable
legal requirements.
Matters on whkh we are required to report by exeeption
In the light of the knowledge and understanding of the Group and Parent Charitable Company and its
environment obtained in the course of th¢ audiL we have not identified material misstatements in the directors,
report included within the trustees. Tepo
We have nothing to report in resm of the following matters in relation lo which the Companies Act 2006
requires us to report to you if, in our opinion:
adequate and proper accowiting records have not be￿ kepL or returns adequate for our audit hav¢ not been
re￿iVed from brdnches not visited by us" or
the finan¢ial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, rernuneration specified by law are not made; or
we have not received all the infonnation and explanations we require for our audQ or
the trustees were not entitled to prepare the financial ststements in accordance with the small companies
regime and take advants8e of the small companies, exemptions in preparing the ljiistees report and from the
requirernent to prepare a group strategic rwrL
Pag¢ 13

IndepeDdent Auditor*s Report to the Members of
The Kenelrn Youth Trust Limited
Responslbllities of the trustees
As explained more fully in the tsvstees, responsibilities statement set out on page iwo, the trustees (who are also
the directors of the charitable company 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 they detemiine is necessary to enable the preparation of financial statements that are free from material
misstatemenL whether due to fraud or error.
In preparing the fmancial statements, the trustees are responsible for assessing the Group's and the Parent
Charitsble Company's ability to continue as a going con¢ern, disclosing, as applicable, matters related to going
¢oncern and using the going concern basis of accounting unless the tru5t¢es either intend to liquidate the Group
or th¢ Parent Charitabl¢ Company or to cease operations, or have no realistic altematxve but to do so.
Auditor'$ responsibilities for the audlt of the financial staternents
Our objectives are to obtain reasonable assurance about whether the financial 5tstements as a whole are free
from material misstatemenL wheth¢r du¢ to fraud or error. and to issue an auditor's report that includes our
opinion. Reasonable assuronce 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 ¢rror and are considered material if. individually or in the aggregate, they ¢ould reasonably be
expected to influence the economi¢ decisions of users taken on the basis of these financial statements.
Irregularitie4 including hud, are instances of non-compliance with laws and regulations. We design procedure5
in line with our responsibilities. outlined above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecting irregularitie5, including fraud is
detailed below:
We obtain¢d an und¢rstanding of the legal and regulatory frameworks applicable kn the group and charitable
company and the sector in which they opernte.
We obtained an understanding of how the group and charitable company are complying with those legal
and regulatory frameworks by making enquiries of the persons charged with governanc& We corroborated
our enquirie5 through our review of board minutes.
We reviewed the financial ststement disclosures and tested to supporting documentation to assess
compliance with applicable laws and regulations.
We perforn)¢d audit work over the risk of management bias and overrfde of controls including testing of
journal entries and other adjustments for appropriateness and reviewed accounting estimates for indicators
of potential bias.
A further description of our ￿SponSibl]ItieS for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uwauditorsresponsibilities. This description fonns part of our
auditor's report.
Page 14

Independent Auditor's Report to the Members of
The Kenelm Youth Trust Limlted
Use ofour report
This report is made solely to the charitsble company's members, as a l)ody, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the charitable
company's members and trustees those matters we are required to state to them in a Report of the Auditors and
for no other purpose. To the fullest extent permitted by law. we do not accept or a8sume responsibility to anyone
other than the charitable company and the charitable company's members as a body and the charitable
¢ompany's trustees as a body. for our audit worK for this report or for the opinions we have fornied.
Matthew Gibbs FCA (Senior Statutory Auditor)
for and on behalf of Rice & Co Limited
Chartered Accountants
Statutory Auditors
14A Mark¢t Place
Urtoxeter
Stsffordshire
ST14 8HP
Date.. 3rd September 2025
Page 15

The Kenelm Youth Trust Limited
Consolldated Ststement of Financial Activities {including Consolidated Income and Expendlture Aeeount)
for the Year Ended 31st Deeember 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Totsl
Funds
2024
Total
Funds
2023
Note
Income:
Grants and donations
Charitable activities
Trading activities
Fundraising
Investmenis
Other
295,567
1,069,089
88,512
4,326
15.966
13,333
179.395
474,962
1,069,089
88,512
4,326
15.966
13,333
499,011
960.017
108,482
10,437
12,603
7,852
Total Income
1,486,793
179.395
1.666 188
1598.402
Expendlture:
Costs of generating grants and donations
Charitable activities
Trading activities
Fundraising
Governan¢¢ ¢osts
52,577
1.457,926
21.009
1,145
52,348
52,577
1.605,351
21,009
1,145
52,348
65,981
,514,538
21,022
9,417
84,218
147,425
Total expendlture
1585 004
147425
1.732 429
,695,176
Net in¢omel(expendlture) for the yeAr
(98,211)
31,970
(66,241)
{96,774)
Transfers between funds
Net movemenl In funds
(98,211)
31,970
(66,241)
(96,774)
Total funds brought forward
641,466
80,893
722,359
819,133
Tol41 funds ¢arrled forward
543,255
112,863
656 118
722.359
The Statement of Finan¢ial Activities in¢ludes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes fomi part of these financial statements
Page 16

The Kenelrn Youth Trust Limited (regisl¢r¢d ¢ompany number: 07682500)
Consolidated Balanee Sheet as at 31$t December 2024
Group
2024
Group
2023
Charity
2024
Charity
2023
Note
ixed assets
Tangible assets
Investrnents
13
14
119288
121,012
119288
121,012
119288
121.012
119289
121,013
Current assets
Debtors
Cash at bank
Cash in hand
15
16
183.051
628,953
4,472
156,047
743,023
2.847
178.195
576,450
4.472
143.634
670,867
2,847
816.476
901,917
759,117
817,348
Llabllities
Creditors: Amounts falling due
within one year
17
(279.646)
(300.570)
(274,314)
(291277)
Net current assets
536.830
601.347
484,803
526.071
Net assets
656,118
722,359
604,092
647.084
The funds of the charity
Unrestricted income ￿ndS
Restricted ineome funds
543255
112.863
641,466
80,893
491,229
112.863
566,191
80,893
21
656,118
721359
604.092
647,084
The financial ststements have been prepared in ￿cOrdanCe with section 398 of the Companies Act 2006 and section 138
of the Charities Act 201 l. The financial sLilements have been prepared in accordance with the special provisions of Part
15 of the Companies Act Telating to small companies and constitutr the annual financial statements required by the
Companies Act 2006 and are for circulation to members of the Company.
Approved by the Board of Trustees on 3rd September 2025
and signed on its behalf by
.. Mr E Howard- Trus
The notes fomi part of these financial statements
Page 17

The Kenelm Youth Trust Limlted
Consolidated Statement of Cash Flows
for the Year Ended 31st December 2024
Group
2024
Group
2023
Charity
2024
Charity
2023
Note
Cash tlows from operating activities
(80,260)
4,303
(60,607)
(9,431)
Cash flows from Investlng aetlvlttes
Pur¢h&se of tangible fixed assets
(32,185)
(11,067)
(32,185)
(11,067)
Change in eash and cash equivalents in the year
{112.445)
(6,764)
(92,792)
(20,498)
Cash and cash equivalents at the beginning
of the year
745.870
752,634
673,714
694212
Cash and cash equivalents at the end
of the year
633,425
745,870
580.922
673,714
The notes fomi part of these finan¢ial statements
Page18

The Kenelm Youth Trusl Limited
Ngtes to the Consolidaled Statemmt ofcash Flows
for the Year Ended 31st December 2024
I RECONCILIATION OF NET EXPENDITURE TO CASH GENERATED FROM OPERATIONS
Group
2024
Group
2023
Charity
2024
Charity
2023
Net cash inflow from operating activities
Net incomel(expenditure)
Depreciation
Decreasel(increase) in trade debtors
Decreasel(increase) in amounts owed by
group undertakings
Decreasel(increase) in other debtors
Decreasel(increase) in prepayments and
accrued income
Intreas&(decrease) in trade creditors
Incre&se1(decre￿} in other creditors
Increasel(decrease) in social security and other taxes
Inereasel(decrease) in accruals
Incre&se/(decrease} in deferred in￿rne
(66,241)
33,909
(4,970)
(96,774)
42.214
20,886
(42,991)
33.909
(7,973)
(114,242)
42,214
16,415
(4,554}
(9.165)
5,250
9,945
(9.165)
9.945
(12,869)
6,342
(6,990)
{1.342)
(10,721)
(8213)
(12.869)
6289
(6,090)
(1,342)
(10,791)
(5.030)
1,117
7,931
9.787
4,913
(2J16)
9,555
7,931
10.687
4.913
(2,226)
5.610
Net tash provided byl(used in) operating aetivities
80,260
4,303
(60.607)
9,431
2 CASH AND CASH EQUIVALENTS
Group
2024
Group
2023
Charity
2024
Charity
2023
Bank Current accounts
Bank deposit accounts
Cash in hand
121.584
507,369
4.472
151.613
591.410
2,847
69,080
507,370
4,472
79,456
591,41
2.847
633,425
745.870
580.922
673,714
3 ANALYSIS OF CHANGES IN NET DEBT
Balance at
01.01.2024
Cash
flows
Balance at
31.12.2024
GROUP
Cash at bank
Cash in hand
743,023
2.847
(114,070)
1.625
628.953
4,472
745,870
112,445)
633,425
CHARITY
Cash at bank
Cash in hand
670,867
2,847
{94.417)
1,625
576,450
4,472
673,714
92.792
580,922
The notes forni part of these fjnancial statements
Page 19

The Kenelm Youth Trust Llmlted
Note$ lo the Consolidgled Financial Statements
for the Year Ended 31st December 2024
I STATUTORY INFORMATION
The Kenelm Youth Trust Limited is a private charitable company, limited by guardntee, registered in England and
Wales. The charity constitutes a public benefit entity as defined by FRS 102. The Company's and charity's registered
numbers and registered office address can be found on page l of The Report of the Trustees.
The presentation Currency of the financial statements is the Pound Sterling (£).
2 ACCOUNTING POLICIES
Basls of preparlng the financlal Statements
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 2019) - Charities SORP (FRS
102). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102> and the Companies
Act 2006.
Basls of consolldatlon
These consolidftted financial ststernents incorpornte the financial statements of the charity's subsidiary undertakin8
Kenelm Hospitality Limited. a company incorporated in England and Wales.
Golng concern
The trustees a5s¢9s whether the use of going concern 1$ appropriate i.e. whether there are any material uncertainties
related to events or conditions that may cast Significant doubt on the ability of the charitable company io continue as a
soing concern. The trustees have made this assessment in respect of a period of one year from the date of approval of
the financial $tat¢ments and ¢onsider that no such material uncertainties exist.
lrt¢omlng wouree$
Incomin8 resources are stated after the deduction of discounts and value added t&x and have been included in the
financial statements on the followin8 b&ses:
Grants and donations are recognised where there is entitlemenL certainty of receipt and the amounl can be measured
with sulTicient reliability. Gift aid donations received from the charitable company's trading subsidiary are not made
under any ¢ontra¢tual obligaiion and are in¢luded in the financial ststements when the donation has been received.
Donated services and facilities are included in the financial statements when received at the value of the gift to the
charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed
immediately ar¢ rew8nised as income with an equivalent amount recognised as an expense under the appropriate
heading in the statement of financial activiti¢s.
R¢treaiS - income from retreats is included in the financial statements on the date of the retreat. Amounts received in
2024 for 2025 retreats have been deferred and will be included in income in the year ended 31 st December 2025.
Events - income from events is included in the financial slatements on the dale of the event. Amounts received in 2024
for 2025 events have been deferred and will be included in income in the year ended 3 1st December 2025.
L4y Chaplaincy- income from Lay Chaplaincy is included in the financial statements in the period in which the service
is provided resulting in the charitable company obtaining the right to ¢onsideration. Amounts received in 2024 relating
to periods after 3 1st December 2024 have been deferred and will be ineluded in income in the year endcd 31st
December 2025.
Trading activities - income from trading activities is included in the financial ststements in the period in which the
goods or services are provided resulting in the ¢harilable company obtaining the right to consideration.
FundraisTng income - income from fundraising is recognised where there is entitlemenL certainty of receipt and the
amount can be measured with sufficient reliability.
Page 20

The Kenelm Youth Trust Llmited
Notes to the Consolidated Financial Slatements
for the Year Ended 31st December 2024
2 ACCoU￿1NG POLICIES (eontlnued)
Incomlng re50urce5 (continued)
Government grants - grants relating to revenue are recognised in income on a systematic b&sis over the periods in
which the entity re¢ognises the related Costs for which the want is intended to comp￿saI¢.
Other in¢om¢ - all other incorne is included in the financial statements when the amount and entitlement to the income
can be measured with reasonable certainty.
Resources expended
Resources expended have been included in the financial $tst¢M￿ts when an obligation to transfer value to a third party
has been entered into.
Resources expendcd have been allocated in the Statement of Financial Activities as follows:
Costs of generating grants and donations
voluntary income.
all expenditure directty and indirectly associated with administering
Charitabk activities - all expenditure directty and indirectly a%sociat&l with Meeting the <>bjectives of the charitable
company.
Trading xtivities - all ¢xp¢nditure directly and indirectly lssociakd with sundry tradin
Fundraising activities - all expenditure directly and indirectly associated raising funds.
Governance costs- all expenditure relating directly or indirectly to the ￿er81 running of the charitable company.
Support costs include all head otTice and salary costs. These have been allocated to xtivity cost categories bosed on
eslimaled time ex￿nded in each areL
Tangible fjxed assets
Individual tangible fixed assets Costing more than £2.500 are capitalised at their historical cost.
Depreciation is provided at the followin8 annual r*es in order to write off each asset over its estimated usefvl life or, if
held under a finance lea% over the lease ternL whichever is the shorter:
- Freehold property
over 45 years straight line
- Household equipment
over 4 years straight line
- Motor vehicles
25Yo reducing balance
- Office equipment
over 4 years strnight line
Debtors
Trade and other debtors are recognised al the settlement amount due after any trade discount offered. Prepayments ar¢
valued al the amount prepaid net of any trade discounts due.
Creditors And provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past ¢v¢nt 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 and provisions are nomially recognised at their settlement amount after allowing for any
trnde discounts due.
itasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the
period of the lease.
Page21

The Kenelrn Youth Trust Limited
Notes to the Consolidated financial Statements
for the Year Ended 31st December 2024
2 ACCOUNTING POLICIES (eonilnu¢d)
Restrleted funds
Restricted funds ￿ lale lo grants received which only be applbed for a specific purpose. Where 8fdnts have been
received for specific capital purposes and the funds have been utilised the restriction is treated as being effectively
discharged and a transfer of the amount spenl is made to the general fund. The asset is included in unrestricted assets of
the charity.
Designated funds
Designated funds are amounts which have been set aside out of unrestricted fill￿ to be utilised for specific purposes.
The purpose of the designations is to identify that portion of unrestricted funds that has been non-contractually
committed. Where funds are designated buL due to a change in ¢1￿UmS￿nc4 are never ulilised for the designated
purpose, they are transferred back to the general fillxl.
Pensions
The charitsble company operates a defined contribution p￿S1o￿ scheme. Contributions payable for the year are
included in resources ¢xp¢nded.
Taxatlon
All surpluses of the charitable company are utilised to fiwther its charitable objects and are exempt from taxation.
The group would norn)ally recognise a taxation charge on the profits of the trading subsidiary. However as the entire
profits generaied by the trnding subsidiary in the financial year will be donated to its parent charity within nine months
of the reporting date. the application of the exception under parawh 29.14A of FRS 102 provides Telief in respect of
accounting for the tax charge.
3 INCOME FROM GRANTS AND DONATIONS
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Grants - Diocese ongoing grdnts
Donated facilities - rent free premises
Other 8rants and donations
200.01)0
49248
46J19
200.000
49,248
225.714
304,260
45.600
149.151
179.395
295.567
179.395
474.962
499,011
4 INCOME FROM CHARITABLE AcfiviTIES
Un￿trICted Restricted
Funds
Funds
Total
2024
Totsl
2023
Alton Castle
769.323
221,901
24.190
53,675
769.323
221,901
24.190
53.675
608,561
203.135
100,381
47,940
BCYS
Lay Chaplaincy
1.069.089
1,069,089
960.017
Page 22

The Kenelm Youth Trust Limited
Notes to the Consolidated FinAncial Statements
for th¢ Y¢ar Ended 31st December 2024
5 INCOME FROM INVEsfMENTS
Unrestricted
Funds
Restrtcted
Funds
Total
2024
Total
2023
Bank interest receivable
15.966
6 COSTS OF GENEIL4TINC GRANTS AND DONATIONS
2024
2023
Direct
Charitable
Ex￿nditUre
Support
Costs
Grantmaking
Total
Total
Unrestricted funds
Restricted funds
7.500
45,077
52,577
65.981
7,500
52,577
65.981
7 EXPENDITURE ON CHARITABLE A￿1VITIEs
2024
2023
Direcl
Charitable
Expenditure
Support
Grnntmakin8
Total
Total
Unttstrl¢ted fvnds
Alton Castle
Soli
BCYS
Lay Chaplaincy
134,808
26.676
46,807
14,245
728217
274.830
179.251
53,092
863,025
301,506
226.058
67J37
876,457
239,021
234.096
57.797
Total unrestricted funds
222,536
1,235,390
1457,926
407,371
Restricted funds
Alton Castle
16,351
8,563
7262
41,674
23,613
50,237
I,i(M)
72,475
12,862
64,064
BCYS
Lay Chaplaincy
15.104
57.371
30.241
Tottl restricted fund5
40.018
107.407
147,425
107.167
Total charitable activities expenditure
262.554
l J42,797
1,605.351
,514,538
Page 23

The Kenelm Youth Trnst Limited
Notes to the Consolidated Financial Statements
for th¢ Year Ended 31st December 2024
8 ALLOCATION OF SUPPORT COSTS
2024
Wages
Inforniation
Technology
Costs
Personnel
Costs
Establishment Maintenance
Costs
Costs
Salaries
Allocated to charitable activities:
Alton Castle - unrestricted funds
Alton Castle - ie5tricted funds
Soli - unrestricted funds
Soli - restricted funds
BCYS - unrestricted funds
BCYS - restricted funds
Lay ChaplaIn￿- unrestri¢ted funds
Lay Chaplaincy- restricted funds
447.519
59255
139.130
57.030
7.262
31.040
41,674
87
9.181
168,467
19,805
46.417
3.941
158.186
10.854
3.550
2.130
43,948
56,352
4.181
1.182
Total allocated to charitable activities
874.472
95.195
190279
137287
15,893
Allocated to voluntary income
Allocated to governanee costs
33.309
34.639
1.608
878
4.708
3,139
771
514
2,552
1,701
942,420
97,681
198 126
138,572
20.146
2024
2023
Legal and
Professional
otTIc¢
Costs
Markdin8
Total
Total
Allocated to ch&rithble activities:
Alion C&stl¢ - unrestri¢td funds
Alton Castle - restricted funds
Soli - unrestricted funds
Soli - restricted funds
BCYS - unrestricted funds
BCYS - restricted funds
Lay Chaplaincy - unrestricted thnds
Lay Chaplaincy - restricted funds
5.080
10,076
T28,217
7.262
274,830
41.674
179,251
1,100
53,092
57.371
737.262
1,465
512
3,183
207,139
64,064.00
148,321
160
2.426
1,858
354
42
2.550
1.019
50.595
24,871
Total allocated to charitable activities
7.059
3.926
18,686
1.342,797
1232252
Allocated to voluntary income
Allocated to govemance costs
1.412
169
548
365
45,077
52,348
58.481
84218
19,512
4.095
19.599
1440221
.374,951
Page 24

The Kenelm Youth Trust Limited
Notes to the Consolidated Finaneial Statements
for the Year Ended 315t December 2024
9 INCOMING RESOURCES- DEFERRED INCOME
Incoming resources where there is an element of deferred income are as follows:.
Trading
Activities
Lay
Cha
lainc
Alton C&¥¢le
Soli
BCYS
Deferred income at I st January 2024
and rele&sed to incoming r¢50urces
Income received in year
Deferred income at 31 st December 2024
6,983
85.329
(3,800)
88,310
755,206
{74,193)
18,224
213.867
(10.190)
3,375
38.105
(17,290)
17,633
61.852
(25,810)
88.512
769.323
221,901
24,190
53.675
The re&sons for deferring income are shown in note 2 to these financial statements.
10 STAFF NUMBERS AND COSTS
The average number of employees during the year was as follows:.
2024
2023
Charitable activities and administration
35
34
The a88￿Bate payroll costs of these persons were as follows:_
2023
Wages and salaries
Social security costs
Pension costs
789,856
60.506
92,058
693,223
50,553
74,365
942,420
818.141
No Trustee received any emoluments or expenses payments from the charitable company {2023 . £Nil).
No employee received emoluments exceeding £60,000 during the cU￿ent or previous financial year.
The total employee benefits (including employer pension contributions) of key management personnel were £119,010
(2023 - £113.878)
I I MOVEMENT IN TOTAL FUNDS FOR THE YEAR
2024
2023
Movement in totsl funds for the year is stated after charging:
Depreciation of tangible fixed assets
Auditors, remuneration - Eudit work
Auditors, remunerdtTon - other aecountan¢y work
33,909
10.170
3.650
42,214
9,685
Page 25

The Kenelm Youth Trust Limited
Notes to the Consolidated Financial Statements
for the Year Ended 31st December 2024
12 INDIVIDUAL STATEMENT OF FINANCIAL ACTIVITIES AND PROFIT AND LOSS ACCOUNT
As pemiitted by Section 408 of the Companies Act 2006, the statement of financial xtivities and profit and loss
account of the parent charity is not presented as a primary statement in these financial statements.
The statement of financial activities of the charity alone is as follows:
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Income:
Grants and donations
Charitable activities
Trading activities
Fundraising
Investments
Other
370,842
1,069,089
31,315
4,326
15,966
13,333
179J95
550,237
1,069,089
31.315
4,326
15,966
13,333
556.818
960,017
30,349
10,437
12,603
7,852
Total income
1,504,871
179.395
1,684266
1.578 076
Expenditure:
Costs of generating grants and donations
Charitable activities
Trading activities
Fundraising
Governance costs
52,577
1,457,927
17.317
1,145
50,868
52,577
,605,351
17,317
1,145
50,868
65,981
,514,538
19,574
9.417
82.808
147.424
Tolal expenditure
1,579,833
147.424
1.727.257
692 318
Net incomel(expenditure) for the year
(74,962)
31,971
(42,991)
(114.242)
Transfers between funds
Net movement in funds
(74,962)
31,971
(42,991)
(114.242)
Total funds brought forward
566,191
80,893
647,084
761,326
Tot81 funds carried forward
491,229
112,864
604,093
647,084
Page 26

The Kenelm Youth Trust Limited
Notes to the ConsolidAted Finaneigl Ststements
for the Year EDded 3151 December 2024
13 TANGIBLE FIXED ASSETS (GROUP AND CHARITY)
Improvements HouselK*ld
Motor
to Pro
ui
ment Vehicles
oirice
ui
Total
Cost
At I st January 2024
Additions
Disposals
93.143
274.585
10240
20,865
19250
13,424
2.695
402.017
32.185
At 3 1st Deeember 2024
93.143
284.825
40.115
16.119
434.202
Deprecialion
At I st January 2024
Charge for the year
Disposals
16.389
2.070
232.938
28,949
18.254
2,665
13.424
225
281,005
33,909
At 3 1st December 2024
18.459
261.887
13.649
314.914
Net book value
At 31 st December 2024
74.684
22.938
19.196
2,470
119288
At 3 1st December 2023
76.754
41.647
2.611
121,012
14 FIXED ASSET INVESTMENTS (CHARITY)
Shares in Group
Undertakin
Cost
At I st January 2024 and 31 st December 2024
Net book value
At 3 1st December 2024
At 31 st DeccmbeT 2023
Page 27

The Kenelm Youth Trust Limited
Notes to the Consolidated Financial Ststements
for th¢ Year Ended 31st December 2024
14 FIXED ASSET INVEsfMENTS (CHARITY) (eontinued)
Subsidiary undertaktngs
The company owns IOOV• of the shaTe capital of Kenelm Hospithlity Limited. a company regisfrred in England and
Wales (company number 09891756) and whose registered office is the same as ihe charity. Kenelm Hospitality
Limited undertakes cornrnercial lettings of the property (Kcupied by the charity and donates its profits to Ihe charity
under the gift aid scheme. Kenelm Hospitality Limited is included in these consolidated financial sLrytem￿ts.
The summary financial perfonnance of Kenelm Hospitslity Limited is:
2024
2023
Tumover
Expenditure
64,062
(12,036)
85,108
(9,833)
Pmfit for the financial year
52.026
75275
Relained eamings at beginning of year
Gift aid donation to The Kenelm Youth Trust Limited
75,275
(75275)
57,807
{57.807)
Retained eamings at end of year
52.026
75275
The assets and liabilities of Kenelrn Hospitality Limited are:
Current assets
Current liabilities
61,914
{9.888)
84,569
(9293)
Aggregate share capital and reserve5
52.026
75276
15 DEBTORS= AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2024
Group
2023
Charity
2024
Charity
2023
Trade debtors
Amounts owed by group under¥akings
Other debtors
Prepayments and accrued inc(Kn¢
133.874
128.904
124,464
4,554
9288
39,889
116,491
9288
39.889
123
27,020
123
27.020
183,051
156.047
178,195
143.634
Page 28

The Kenelm Youth Trust Limited
Notes to the Consolidated financial Ststements
for the Year Ended 31st December 2024
16 CASH AT BANK
Group
2024
Group
2023
Charity
2024
Charity
2023
Current accounts
Deposit accounts
121,584
507,369
151,613
391.410
69.080
507,370
79.456
591,411
628,953
743,023
576.450
670 867
17 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2024
Grc>up
2023
Charity
2024
ctwity
2023
Trade creditors
Oiher creditors
Taxaiion and social se¢urity
Accruals
Deferred income
48.545
4.108
66,122
29,588
131,283
42,203
11,098
67,464
40,309
139,496
48,492
4,108
66,122
28,108
127,484
42,203
10.198
67,464
38,899
132,513
279,646
300,570
274,314
291.277
18 LEASING AGREEMENTS
Minimum l¢as¢ paym¢nls under non-¢an¢ellable opernting le&8es fall due as follows:
2024
2023
Wiihin one year
Between one and five years
2,877
5,034
2,877
7,910
7.911
19 TAXATION
No taxati¢)n 1$ payable for (he current or previous financial year as all surpluses arise from activitie$ furthering the
chariiable objects of th¢ ¢harilabl¢ company and are utilised for charitable purpose5, therefore leading to exemption
from taxation.
20 CONSTITUTION
The charitable Company is limited by guarantee and does not have a share capitsl.
Page 29

The Kenelm Youth Trust Limited
Notes lo the Consolidated Financial Statements
ror the Year Ended 31st December 2024
21 RESTRicfED INCOM E FUNDS (GROUP AND CHARITY)
Balance at
01.01.2024
Incoming
resources
Outgoing
resources
Balance at
31.12.2024
Transfers
Lay Chaplaincy
Helen Scahill Memorial Fund
Children on Retreat
Support Fund for Girls
UK Youth Grant
Nineveh T￿￿t
The Eveson Trust
Baron Davenp)rt Trust
The Hedley Foundation
The Rowlands Trust
Wilmcote Charitrust
Skipton Charitable Foundation
DMF Ellis Charitable Trust
The Richard Cadbury Trust
Severn Trent
Porticus Trust
Porticus Quo Vadis 2024
Benefact Trust
Historic Houses Foundation
The Pilgrim Trust
The Hobson Charity
Staffordshire Moorland
Knights of St Columbia
16,074
2,303
5,280
30,446
16,074
,852
4,214
27.353
220
(671)
{1.066)
(3,093)
(13,125)
(2,000)
13,125
2.000
4,000
550
4,000
2.645
1.446
388
750
2,229
65
500
2,398
3,000
1.435
750
2229
2.049
(303)
(1,554)
(1,047)
(1.984)
7,262
(7,262)
(7,759)
{64,868)
(1,019)
{ I5,936}
{ i 0,000)
(7,738)
(8.000)
7.759
91,500
25,000
10,000
10,000
7,738
8,000
26,632
23,981
5,936
734
734
80.893
179,395
147,425)
112.863
Page 30

The Kenelm Youth Trnst Umlled
Notes to the Consolidated Financial StAtements
for lh¢ Y¢ar Ended 31st December 2024
21 RESTRICTED INCOME FUNDS (GROUP AND CHARITY) (eonllnued)
Balance at
01.01.2023
Inwming
resources
Outgoing
resources
Balance at
31.12.2023
Transfers
Lay Chaplain¢y
Helen Scahill Memorial Fund
Children on Retre*
Support Fund for Girls
29th May 1961 Charitable Trust
Baron Davenport Trust
The Hedley Foundation
Persimmon Charitable Foundaiion
Sir Harold Hood's Charitable Trust
The Rowlands Trust
Wilmcote Charitrust
Sylvia Waddilove Foundation UK
Skipton Charitable Foundation
DMF Ellis Charitable Trust
The Richard Cadbury Trust
The Grantham Yorke Trust
Porti¢us Trust
The Headley Trust
Garfield Weston Foundation
Historic House5 Foundation
Albert Gubay Charitable Foundation
Knights of St Columbia
21,074
2,817
9.345
34.446
3.000
1.250
3.000
366
3,000
3,000
750
3,000
(5.000)
(514)
{4.065)
(4,000)
(3,000)
(352)
16,074
2,303
5,280
30,446
1.500
2,398
3,000
(366)
(3,000)
(1.565)
,435
750
(3.000)
2,229
2,049
500
2,000
30,000
5,000
20,000
15,000
20,000
734
2.229
2,049
500
(2,(100)
(22,241)
(5,000)
(20,000)
(9,064)
(20,000)
7,759
5,936
734
85,048
99,012
103,167
80,893
Page31

The Kenelm Youth Trnst Limited
Notes to the Consolid2ted Financial Statemeots
for the Year End￿ 31st De¢emlKr 2024
21 RESTRICTED INCOME FUNDS (GROUP AND CHARITY) (eondnued)
The purpose for which these 8rants and dOI￿tIonS were made are as follows:
The Lay Chaplaincy fund - support school Chaplains in catholic secondary schools of the Archdiocese of Binninghwn.
Helen Scahill Memorial fund - subsidise children on residential retreats.
Children on Retreat fund - subsidise thildren on residential retreats.
Support fund for girls - support for girls from poor backgrounds to attend retreat& Courses and pilgrimages.
UK Youth Grant - outdoor learning activities for disadvantaged and vulnexable youns people.
Nineveh Trust- support for young ￿eT5.
The Eveson TTUSt - support for young carers.
2￿h May 1961 Charitable Tn￿t - support young persons wilh theiT faith. mental health and well-being.
Baron Davenport Trust - ropes course and xtivities equipment.
The Hedley Foundation - xtivities equipment.
Persimmon Charitable Foundation - activities equipmenL
The Rowlands Trust- activities ¢quipmenL
Wilmcote Charitrust- activities equipment.
Sylvia Waddilove Foundation UK - Guild Hall roof repairs.
Skipton Charitable Foundation- activities equipmenL
DMF Ellis Charitable Trust- aclivities equipment.
The Richard Cadbury Tjust - activities equipmenl.
Sevem Trent- a habitat project to improve biodiversity within the Trenl river regions.
The GTantharn Yofke Tn￿- enable disadvanw ¢hildren from the West Midlands wions to attend artivity day.
Porticus Trust - Synodal response to the young.
Porticus Quo Vadis 2024 - mental health wellbeing for schools. parishes and universities.
Benefacl Trust- rnental health wellbeing for schools. parishes and universities.
The Headley Trust - Guild Hall roof repairs.
Garfield Weston Foundation - Guild Hall roof repairs.
Historic House5 Foundation - Guild Hall roof repairs.
The Pilgrim Tru$t- Guild Hall roof repairs.
The Hobson Charity - Guild Hall roof ￿paIrs.
Staffordshire Moorlands- Guild Hall roof repairs.
Albert Gubay Charitable Foundation - Guild Hall roof repairs.
Kni8his of St Columbia- relaunch of John Paul Second award.
Page 32

The Kenelm Youth Trust Llmited
Notes to the Consolidated Finaneial Stale.ments
for the Year Ended 31st December 2024
22 UNRESTRICTED INCOME FUNDS
Grou
Chari
Balance at I st January 2024
Net income for the yrar
Transfers from restricted funds
641.466
(98.211)
566.191
{74.962)
Balance at 3 1st December 2024
543.255
491,229
Balance at I st January 2023
Net income for the year
Transftrs from restricted funds
734.085
{92,619)
676,278
(110,087)
Balance at 3 1st December 2023
641,466
566.191
The in￿rne ￿ndS of the charity include the following designated funds which have been get aside out of un￿StriCted
funds by the trustees for specific PUTposes".
New
Designa-
tions
Funds
Undesig-
nated
Balance at
01.01.2024
Balance at
diture 31.12.2024
BCYS
Refurbishment
COVID-19 legacy and recovery fund
WYD fund
Health and Safety projects
Disabled Access
Alverton Building Refurbishmenl
Replace Bunk Beds
Energy Reduction Measures
54,913
6,582
14,441
5,000
59,545
23,400
10,000
24.334
10.000
(i 0.000)
(4.886)
44,913
1.696
14.441
(5,000)
(2,742)
56.803
23.400
i 0,000
(10,991)
(13,343)
10,000
208.215
Page 33

The Kenelm Youth Trust Lamited
Note5 to the Consolid8ted Fin&nciAI Stgtem¢nts
for the Y￿r Ended 31$t December 2024
22 UNRESTRicfED INCOME FUNDS {continued)
Funds
Undesig-
nated
Balance at
01.01.2023
Designa-
tion5
Balance at
diture 31.12.2023
BCYS
Refurbishment
covitk19 legacy and recovery fund
Guild Hall Roof Repairs and Insulation
WYD fund
Health and Safety projects
Disabled Access
Repair Main Gates lo Alton Castle
Alverton Building Refurt)ishment
Replace Bunk Beds
Energy Reduction Measures
57.913
12,000
17.741
(3.000)
(5.417)
(3.300)
(40,0(10)
{10,000)
(500)
54.913
6.583
14.441
15,000
60.045
23.400
11,310
i o,(N)o
15.(
5,000
59,545
23.400
{11,310)
i 0,000
24.334
10.000
10,000
10,000
(666)
262.409
20.000
74,193
208,216
The purpose for which these designations were m*1¢ are as follows:
The BCYS fund is an amount set aside to provide youth ministy serVi￿S within the Birniin8ham Catholic Diocese.
The Refurbishment fund is an amounl set aside to carry out refurbishmen¢ works at Alton Castle.
The COVIt>19 legacy and recovery fund is an amount set &8ide to support the Quo v￿1$ projecL
The Guild Hall roof repairs and insulation fund is an arn(￿Tht set aside for the replacement of the roof.
The WYD fund is an amount set aside to support parti¢ipalion in World Youth Day.
The Health and Safety projects fund is an amount set aside for emergency exit slairs and repair of Castle windows.
The Disabled access fund is an amount set aside for new disabled access io Alton Castle.
The Repair main gat¢s to Alton C&stl¢ fund 1$ an arnount set aside to repair the entrance main gate a¢ Alton Castle.
The Alverton building refurbishment fvnd is an amount set aside for improvement ¢0 storage and ￿furbI$hment.
The Replace bunk beds fund is an amounl set aside to replxe guest beds at Soli.
The Energy Reduction Measures fund is an amount sd asidc io make improvements io the environment.
Page 34

The Kenelm Youth Trust Limited
Not¢s to the Consolidated Financial Statements
ror the Year Ended 31st December 2024
23 ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS
2024
Restricted
funds
UnTestri¢t¢d
Funds
Totsl
Funds
Tangible fixed assets
Current assets
Current liabilities
119,288
703.613
(279,646)
119.288
816,476
(279,646)
112,863
543,255
112,863
656.118
2023
Restricted
funds
Unrestricted
Funds
Totsl
Funds
Tangible fixed assets
Cuffent assets
Current liabllities
121,012
821.024
(300,570)
121.012
901.917
(300,570)
80,893
641,466
80,893
722,359
24 RELATED PARTY TRANsA￿loNs
The Rt Rev S Wright (a trustee of the charity unlil 16ih June 2024) and The Rt Rev T Menezes (a trust¢¢ of the ¢harity
fron 5th September 2024) are also trustees of the Birniingham Diocesan Trust. During the year ended 31 st December
2024 Rrants of £200,000 (2023 - £304,260) were paid to the charitable company by the Bimingham Diocesan TrusL
The charity operates rent free in premises owned by the Birniingham Diocesan Trusl. The charity is fully reswnsible
for the day-to-day maintenance and upkeep of the historical buildings and shares responssbility for substantial
structural work with the Birniingham Diocesan Trust. The annual value of this donated facility has been assessed to be
£49.248 (2023 - £45.600).
During the year ended 3 1st December 2024 the profits of the charity's wholly owned subsidiary Kenelm Hospitslity
Limited for the year ended 31 st December 2023 were paid to the charity under gift aid. The donation amounted io
£75,275 (2023 - £57.807) and has been included in the charitys income from donations and legacies. The profits of
Kenelm Hospilality Limited for the year ended 31st December 2024 will be donaied to the charsty during 2025.
Included in charity debiors at 31 st December 2024 is £4,554 (2023 - £nil) owed by Kenelm Hospitality Limited.
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