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2022-08-31-accounts

Registered Charity no. 1156660

Missional Generation

Trustees Annual Report and Accounts Year Ended 31st August 2022

Missional Generation

Year Ended 31st August 2022

Contents Page

Page
Legal and Administrative Information 1
Trustee's Annual Report 2
Independent Examiners Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Notes to the Financial Statements 10

Missional Generation

Year Ended 31st August 2022

Legal and Administrative Information

Reference

The Charity is called “Missional Generation” and is registered with the Charity Commission for England and Wales. Missional Generation is a Charitable Incorporated Organisation (CIO) incorporated on the 11 April 2014.

Registered Charity Number 1156660 Registered Office Bridge Community Church Rider Street, Burmantofts Leeds LS9 7BQ Date of incorporation 11 April 2014

The Trustees

The trustee's who have served during the year until the date this report was approved are:

Kim Lawrence Appointed July 22 Sophie Pecher Rev Derek Jones Nic Castle Daniel Wood Resigned Jan 22 Patricia Gray Resigned Sep 22

Key Management Personnel

Chief Executive Officer and Trustees Primary Bankers The Co-operative Bank 20 Commercial Street Leeds LS1 6AL Independent Examiner: Nigel Wyatt 125 Main Street Garforth Leeds LS25 1AF Website www.missionalgen.co.uk

1

Missional Generation

Year Ended 31st August 2022

Trustee's Annual Report

Legal structure of the charity

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW).

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

Trustees are recruited and appointed by the charity by a majority vote of existing trustee's at any of trustee's meeting with a quorate attendance. The governing document trustee's serve a maximum 4 year term until they must be reappointed by the board. A trustee can serve for a maximum of 3 terms.

Public benefit

The trustees have given their due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011.

Objects and activities of the charity

To advance the Christian Religion, in particular but not exclusively through the training and support of young people and youth leaders.

Achievements and performance during the year

Appointing MG workers and wider team

The Board of Trustees made the decision to employ 2 MG workers and an administrator, initially part-time, with their role being to support weekly sessions enabling young people to consider how to support one another better, be positive citizens in society whilst exploring how faith and the Church can help them.

At the start of September, we were able to employ 2 MG workers and an administrator to help support the churches and community groups we help with weekly support to run sessions for kids and teenager groups. In November, we then took on another MG worker to support the churches. This gave us the team to build our annual vision to increase the provision and support churches and community groups we are actively in partnership with.

In January 2022 we employed another 2 people to work on our Social media and Digital comms as well as Animation and Video editing. This has given us the opportunity to reach more people and widen the work we do in developing resources for youth and children’s work sessions.

EcoGen

We established two refillable eco stations on the back of the climate concern children and young people were feeling. These stalls enable young people to take a lead in selling eco-friendly refillable items to reduce single-use plastic. We saw children getting a sense of satisfaction in being proactive in their local communities to bring positive change through taking ownership of their passion to tackle the climate concerns.

Facilitating youth and children workers breakfasts

During lockdown and beyond we have seen the need to regularly support and gather youth and children leaders to help them feel supported in a wide network of workers to navigate worries and concerns when relating to the setting up and starting of weekly groups with children and young people and to celebrate positive stories in their contexts. These times are important to help the workers we have within our network to feel able to achieve the work they have been given to do without feeling isolated.

2

Missional Generation

Year Ended 31st August 2022

Trustee's Annual Report

Mission United Faith In Life

We hosted our 1st in-person meeting since Covid - 19 in July 2021 with the plans to host an overnight social action and environmental day in November 2021. Our central events like Mission United Faith In Life offer young people the chance to meet and connect with other young people in the local area to give them a space to explore life and learn to become proactive in their local communities as they develop new skills and interest within the activities we offer. Each time we facilitate such a gathering (which is three times a year) we look to include young people with the chance to take a lead and host like we did at our November gathering in Bradford.

Creating resources to support both local and national youth work contexts

We have continually worked to support youth and children leaders in developing paper and digital resources which helps groups, leaders and parents explore the meaning of life, reflect on the idea of faith and other personal interests and beliefs. We worked with national youth and children Christian charities to help develop a new Augmented Reality Christmas Resource made and written by a young person we are connected with. This opportunity for the young person gave them the chance to develop their skills in Art and Design to help see children across primary schools learn about the Christian understanding of Christmas.

We also developed a Digital Prayer Box allowing youth leaders in schools across Dublin, Ireland to have the chance to explore the meaning and methods of prayer within a traditional church setting. This gave the young people the chance to see and explore prayer within a Virtual Reality experience, be that on a Church Tour or Lord’s prayer simulation.

Healthy holidays April 2022

We felt during Covid-19, provision and support for families in the most needy areas of Leeds needed more all year round support during school holidays. With this in mind, we were able to secure a year’s worth of funding to help offer 6 weeks of activity and food provision across the year to help families that will struggle during school holidays to not feel that they do not have enough food or activities to provide for their children. This provision was given to support 60 kids in LS14 in the city of Leeds that gave local residents 6 weeks of hot food and provision for kids aged 4-11. The activities varied between sport, craft, football and cooking classes. Each time a child took part in the cooking class they were given a hamper of the ingredients they used to cook with to make at home with recipe cards to help them be able to recook the food they learnt with their families. This gave families that needed extra food enough, not just for the kids from the program we offered, but for all the family too.

Visiting Ireland

For many years now we have supported a network in Northern and Southern Ireland called CIYD. This partnership agreement helps their network to develop resources and teaching to help leaders they support to grow in confidence in their work as a youth and children leader. We will continue to develop the support we offer into CIYD as we grow our working partnership by creating social media material, weekly video sessions and digital resources.

Celebrating our 9th birthday

In November 2021 we celebrated the charity's 9th birthday in a small gathering as a team. The time spent together allowed us to rethink and shape our strategy in supporting and investing into local churches across Leeds to help strengthen youth and children’s work provisions.

3

Missional Generation

Year Ended 31st August 2022

Trustee's Annual Report

Featured on TV, Songs of Praise

As the charity’s reputation developed, linked to the digital resources we were creating using Animation, Virtual and Augmented Reality; we were given the chance to be showcased and interviewed on Songs of Praise. This opportunity gave us the chance to share the story behind how this type of resource developed from a young person’s skills and interests. Over many years, we have created a number of VR and AR apps offering young people the chance to interactively learn through faith and life conversations. This gave us the way forward to working with other national partnerships to see churches, education and community groups use other resources we have on offer.

Speaking at events, training and conferences

Part of the work we do locally and nationally is to speak and input into events, training and conferences. We have been fortunate in being invited to a number of events, training and conferences both in Leeds and in Dublin, Ireland. These opportunities have given us the chance to showcase and demonstrate our understanding of youth and children’s work as well our digital understanding linked to Generation Z and Alpha Gen. We network at these events to not only widen our understanding, but to also strengthen our resources to customise to the needs of local churches, education and local community groups.

Plans for the future

Growing the MG worker model

We are hoping to further identify additional areas in Leeds and Bradford that require weekly youth and children’s resources, up to 16 hours a week. From our resource to date, we believe there are potentially 26 churches, education and community settings that could benefit from weekly provision, from one or more of our MG workers. We anticipate that there needs to be a growth of employing new members of staff to support the potential demand that we’ve identified.

Central youth gatherings

There is a great benefit to develop ongoing residential opportunities and events for children and young people that will support the social and emotional wellbeing for those that access extra-recreational provision. We anticipate creating 3 regular gatherings a year, and are developing conversations on running a Year 6 adventure camp.

Developing interactive faith and educational resources

We are hoping to build upon our national partnership agreement where we will be creating faith and educational resources that offer an all-year-round digital activities for churches, education and local community groups.

School holiday food and activity provision

We want to further build upon the support we offer children in the East of Leeds that need school holiday provision for food and activity plans. There are plans in motion to continue doing similar level of provision in the East of Leeds from September 2022 onwards, funding permitting.

4

Missional Generation

Year Ended 31st August 2022

Trustee's Annual Report

Finance review

The financial position of the charity at 31st August 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:

Net income / (expenditure)
Restricted funds
Unrestricted funds
Total Funds
2022
2021
(3,474)
11,272
-
102
67,426
70,798
67,426
70,900

Reserves policy

The Trustees have reviewed the charity’s needs for reserves in line with the guidance issued by the Charity Commission and consider it prudent that unrestricted reserves should be sufficient to cover three months running costs. Reserves held on the 31st August 2022 were £65,366 (2021: 70,798) this is 5.4 months of unrestricted expenditure (2021: 10.7 months). The Trustees are confident that future income will enable the charity to meet its foreseeable needs on the basis of planned activity.

Going concern consideration

There are no material uncertainties about the charities ability to continue as a going concern. The Trustees are confident that future income will enable the charity to meet its foreseeable needs on the basis of planned activity.

5

Missional Generation

Year Ended 31st August 2022

Trustee's Annual Report

Statement of Trustees' responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

Approved by the Trustees

Name of Trustee:

───────────────────────────────────────────────────

Signed on behalf of the Trustees:

───────────────────────────────────────────────────

Date of approval:

───────────────────────────────────────────────────

6

Missional Generation

Year Ended 31st August 2022

Independent Examiners Report

I report to the trustees on my examination of the financial statements of Missional Generation ('the charity') for the year ended 31 August 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nigel Wyatt BSC FCA Date: Independent Examiner 125 Main Street Garforth Leeds LS25 1AF

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Missional Generation

Year Ended 31st August 2022

Statement of Financial Activities

2022 2021
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
Income
Donations and legacies 2 64,311 47,460 111,771 50,518
Charitable activities 3 45,935 400 46,335 68,810
────────── ────────── ────────── ──────────
Total Income 110,246 47,860 158,106 119,328
────────── ────────── ────────── ──────────
Expenditure
Expenditure on charitable activities 5 112,322 48,358 160,680 107,866
Activities for generating income 6 900 - 900 190
────────── ────────── ────────── ──────────
Total expenditure 113,222 48,358 161,580 108,056
────────── ────────── ────────── ──────────
────────── ────────── ────────── ──────────
Net income / (expenditure) (2,976) (498) (3,474) 11,272
────────── ────────── ────────── ──────────
Net income and net movement in funds
Total funds brought forward 13 70,798 102 70,900 59,628
Transfers 13 (396) 396 - -
────────── ────────── ────────── ──────────
Total funds carried forward 13 67,426 - 67,426 70,900
────────── ────────── ────────── ──────────

All income and expenditure derive from continuing activities.

8

Missional Generation

Year Ended 31st August 2022

Statement of Financial Position

31 Aug 2022 31 Aug 2021
Note £ £
Fixed asests
Tangible assets 10 9,535 5,373
Current assets
Debtors 11 11,099 6,500
Cash at bank and in hand 49,050 60,594
────────── ──────────
60,149 67,094
Creditors: amounts falling due within one year 12 2,259 1,567
────────── ──────────
Net current assets 57,890 65,527
────────── ──────────
Total assets less current liabilities 67,426 70,900
────────── ──────────
Net assets 14 67,426 70,900
────────── ──────────
Funds of the charity
Restricted funds 13 - 102
Unrestricted funds 67,426 70,798
────────── ──────────
Total charity funds 67,426 70,900
────────── ──────────

Directors responsibilities

These financial statements were approved by the board of trustees and authorised for issue :

Name of Trustee:

───────────────────────────────────────────────────

Signed on behalf of the Trustees:

───────────────────────────────────────────────────

Date of approval:

───────────────────────────────────────────────────

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

1 Accounting Policies

Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Fund Accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

• All voluntary income from supporters are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.

• Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

• Income resources from charitable trading activities such as the letting of the building are accounted for when invoices are drawn up (as the point of entitlement).

• Donated services and facilities are included at the value to the charity where this can be quantified and the donation is material to the accounts.

• Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• Volunteer time, the value of voluntary support for the work of the charity is not included in the accounts but is described in the accounts.

• Investment Income is included in the accounts when receivable.

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Liability Recognition

Abilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Tangible fixed assets

All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over time, estimated useful live of the asset. Computer and Equipment assets are depreciated on a 25% straight line policy.

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Operating Leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

2 Income from donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Donations and gift aid 64,311 15,000 79,311
Grants - 32,460 32,460
────────── ──────────
──────────
Total 64,311 47,460 111,771
────────── ──────────
──────────
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations and gift aid 25,524 15,000 40,524
Grants 2,500 7,494 9,994
────────── ──────────
──────────
Total 28,024 22,494 50,518
────────── ──────────
──────────

During the year £14,954 was received as a grant from the governments Department for Work and Pensions for workplaced support. All conditions of the grant were satisfied.

3 Income from charitable activities

Income from charitable activities
Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Expenses reimbursed 366 - 366
Speaking engagements and MG local 499 - 499
Mission fees and contributions - 400 400
Resources, workshop and media development 39,637 - 39,637
Schools support income 500 - 500
Youth work support income 4,933 - 4,933
────────── ──────────
──────────
Total 45,935 400 46,335
────────── ──────────
──────────
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Expenses reimbursed - - -
Speaking engagements and MG local 3,340 - 3,340
Mission fees and contributions - 350 350
Resources, workshop and media development 65,120 - 65,120
Schools support income - - -
Youth work support income - - -
────────── ────────── ──────────
Total 68,460 350 68,810
────────── ──────────
──────────

12

Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

4 Volunteers

During the year we’ve had a number of volunteers from the churches we have supported, from members of leadership to parents, averaging around 20 volunteers.

5 Expenditure on charitable activities by expenditure type

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Administration costs 11,887 - 11,887
IT & website 859 - 859
Mission costs - 796 796
MG local, speaking engagements and school
costs
3,202 1,000 4,202
Office costs 3,990 - 3,990
Resource development and merchandise 10,841 - 10,841
Salary and subcontractor costs 69,695 38,687 108,382
Staff and team expense 11,444 102 11,546
Subscriptions 404 - 404
Project costs - 7,773 7,773
────────── ──────────
──────────
Total 112,322 48,358 160,680
────────── ──────────
──────────
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Administration costs 8,573 - 8,573
IT & website 362 - 362
Mission costs - 1,332 1,332
MG local, speaking engagements and school
costs
1,106 - 1,106
Office costs 5,625 - 5,625
Resource development and merchandise 12,568 - 12,568
Salary and subcontractor costs 48,279 27,494 75,774
Staff and team expense 1,682 - 1,682
Subscriptions 846 - 846
Project costs - - -
────────── ──────────
──────────
Total 79,040 28,826 107,866
────────── ──────────
──────────

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

6 Expenditure on activities for generating income

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Communication & fundraising costs 900 - 900
────────── ──────────
──────────
900 - 900
────────── ──────────
──────────
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Communication & fundraising costs 190 - 190
────────── ──────────
──────────
190 - 190
────────── ──────────
──────────
Accountancy and independent examination fees
Fees payable to the independent examiner for:
2022 2021
£ £
Independent examination 959 750
Accountancy services, internal reporting 1,632 817
──────────
──────────
2,591 1,567
──────────
──────────

7 Accountancy and independent examination fees

8 Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2022 2021
£
£
Wages and salaries 99,811 51,841
Social security costs 2,566 1,012
Employer contributions to pension plans 2,105 1,669
────────── ──────────
104,482 54,522
Subcontractor costs during the year 3,900 22,135
────────── ──────────
Total staff costs 108,382 76,657
────────── ──────────
The average head count of employees during the year was as follows:
2022 2021
Average Head Count 8 3
Number of employees how received benefits of more than £60,000 during the year was as follows:
2022 2021
More than £60,000 - -

14

Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

Key Management Personnel

The charity considers its key management personnel to be the CEO and the Trustees. The total employee benefits received by key management were as follows:

benefits received by key management were as follows:
2022 2021
£ £
Key management personnel employee benefit 32,781 32,697

9 Trustee remuneration and expenses

During the year none of the trustees have been paid any remuneration (2021: nil). During the year none incurred out of pocket expenses (2021: £260).

10 Tangible Fixed Assets

Computers and
Equipment Total
£ £
Cost as at 1st Sept 2021 18,017 18,017
Additions 7,142 7,142
Disposals (760) (760)
────────── ──────────
Cost as at 31st August 2022 24,399 24,399
────────── ──────────
Depreciation as at 1st Sept 2021 12,645 12,645
Depreciation Charge 2,979 2,979
Disposals (760) (760)
────────── ──────────
Depreciation as at 31st August 2022 14,864 14,864
────────── ──────────
────────── ──────────
Net Book Value as at 31st August 2022 9,535 9,535
────────── ──────────
Net Book Value as at 1st Sept 2021 5,372 5,372
**11 ** Debtors
31 Aug 2022 31 Aug 2021
£ £
Trade Debtors 11,099 6,500
────────── ──────────
11,099 6,500
────────── ──────────
**12 ** Creditors: amounts falling due within one year
31 Aug 2022 31 Aug 2021
£ £
Accruals 2,259 1,567
────────── ──────────
2,259 1,567
────────── ──────────

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

13 Analysis of charitable funds

31 Aug 2021 Income Expenditure Transfers 31 Aug 2022
£ £ £ £ £
Unrestricted funds
General fund 70,798 110,246 (113,222) (396) 67,426
────────── ────────── ────────── ────────── ──────────
Total 70,798 110,246 (113,222) (396) 67,426
────────── ────────── ────────── ────────── ──────────
31 Aug 2021 Income Expenditure Transfers 31 Aug 2022
£ £ £ £ £
Restricted funds
Mission United Faith In Life - 400 (796) 396 -
Youth worker retreat 102 - (102) - -
Confidential charitable trust
grant
- 15,000 (15,000) - -
Department of work and
pensions - admin support
- 14,954 (14,954) - -
Healthy holidays fund - 16,506 (16,506) - -
Bradford VCS Alliance - 1,000 (1,000) - -
────────── ────────── ────────── ────────── ──────────
Total 102 47,860 (48,358) 396 -
────────── ────────── ────────── ────────── ──────────
────────── ────────── ────────── ────────── ──────────
Total funds 70,900 158,106 (161,580) - 67,426
────────── ────────── ────────── ────────── ──────────

Fund transfers

During the year £396 was transferred from unrestricted funds to cover the cost incurred in the Mission United Faith In Life Funds

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

Analysis of charitable funds cont.

31 Aug 2020 Income Expenditure Transfers 31 Aug 2021
£ £ £ £ £
Unrestricted funds
General fund 54,526 96,484 (79,230) (982) 70,798
────────── ────────── ────────── ────────── ──────────
Total 54,526 96,484 (79,230) (982) 70,798
────────── ────────── ────────── ────────── ──────────
31 Aug 2020 Income Expenditure Transfers 31 Aug 2021
£ £ £ £ £
Restricted funds
Mission United Faith In Life - 350 (1,332) 982 -
Youth worker retreat 102 - - - 102
Confidential charitable trust - 15,000 (15,000) - -
grant
Department of work and - 7,494 (7,494) - -
pensions - admin support
Bradford cathedral digital 5,000 - (5,000) - -
resource
────────── ────────── ────────── ────────── ──────────
Total 5,102 22,844 (28,826) 982 102
────────── ────────── ────────── ────────── ──────────
────────── ────────── ────────── ────────── ──────────
Total Funds 59,628 119,328 (108,056) - 70,900
────────── ────────── ────────── ────────── ──────────

Fund descriptions for material funds

Mission United Faith In Life Youth worker retreat Confidential charitable trust grant

Department of work and pensions - admin support Bradford cathedral digital resource

Healthy holidays fund Bradford VCS Alliance

Funds to facilitate local mission work in Leeds and Bradford. Funds to provide youth worker retreat conferences. Funding toward specific project work.

Administration support.

Funding toward creating a specific digital resource for and with Bradford Cathedral.

Support families in Leeds with food and activities during the school holidays. Grant given for youth project activity costs.

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Missional Generation

Year Ended 31st August 2022

Notes to the Financial Statements

14 Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2022
£ £ £
Fixed assets 9,535 - 9,535
Current assets 58,849 1,300 60,149
Creditors less than 1 year (959) (1,300) (2,259)
────────── ──────────
──────────
67,426 - 67,426
────────── ──────────
──────────
Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Fixed Assets 5,373 - 5,373
Current Assets 66,992 102 67,094
Creditors less than 1 year (1,567) - (1,567)
────────── ──────────
──────────
70,798 102 70,900
────────── ──────────
──────────

15 Related party transactions

There were no related party transactions during the year ending 31st August 2022 (2021: nill).

16 Gift In Kind

During the year Missional Generation received no gifts in kind (2021: one donation of legal advice on copyright law to the value of £3,240).

18