## **YOUTH WITH A MISSION CYMRU/WALES** ## **FINANCIAL STATEMENTS** ## **FOR** **31 AUGUST 2021** ## **FINANSURE LIMITED** 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF ## **YOUTH WITH A MISSION CYMRU/WALES** ## **FINANCIAL STATEMENTS** **YEAR ENDED 31 AUGUST 2021** |**CONTENTS**|**PAGES**| |---|---| |Legal and administrative information|**1**| |Report of the trustees|**2 - 5**| |Receipts and payments accounts|**6**| |Statement of assets and liabilities|**7**| **Page 1** ## **YOUTH WITH A MISSION CYMRU/WALES** # **LEGAL AND ADMINISTRATIVE INFORMATION** **Charity number** 1164721 **Working name** YWAM Cymru/Wales **Governing instrument** CIO - foundation registered 7[th] December 2015 **Trustees** Luke Howson (Chair) Rachael Howson Sarah Opper Mark Vening (Resigned 3 December 2021) Sue Vening (Resigned 3 December 2021) Lidia Lammardo (Appointed 18 February 2022) **Principal address** 25 Hightown Road Wrexham LL13 8EB **Page 2** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 AUGUST 2021** ## **Structure, governance and management** Youth With A Mission Cymru/Wales is a Charitable Incorporated Organisation (CIO) foundation registered on 7[th] December 2015 with the Charity Commission for England and Wales. This is the fifth annual report and accounts prepared by the charity. In previous years YWAM Wales has operated under Youth With A Mission Limited (charity number 264078), and relations are still strong with this ‘sister charity’. New trustees are appointed by the current trustees in accordance with the governing instrument. ## **Public benefit** The charity trustees have complied with the duty in section 4 of the 2006 Charities Act to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. ## **Objectives and activities** The purposes of the charity are: - The advancement of the Evangelical Christian Faith in Wales and elsewhere in the United Kingdom or abroad as the trustees may from time to time think fit. - • To advance education in accordance with Christian principles in the said country and elsewhere in the United Kingdom or abroad as the trustees may from time to time think fit. - • To promote and fulfil such other charitable purposes beneficial to the community in the said country and elsewhere in the United Kingdom or abroad as the trustees may from time to time think fit. To fulfil these purposes the charity has carried out the following activities during the year: ## **Introduction** This year has, of course, been dominated by COVID 19. We in YWAM Cymru/Wales have sought to make the best of it, however, by continuing to plan training and growth to go alongside our regular ministries. ## **Christian Training and Education** Several of our missionaries have been engaged in teaching, speaking and preaching ministries, in churches as well as in other missionary training centres. This has continued throughout the year. We have developed some online mechanisms to do this as the pandemic hit and are now regularly using technology to deliver our material. **Page 3** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 AUGUST 2021** Of particular note is our ‘ReFrame’ ministry that operated during the month of August 2021. Aimed at families, this online course worked with over 60 people who wanted to bring refreshment and realignment to their families. It was our delight to offer this internationally and everyone who attended praised the course. Indeed, several families were saved as a result. We plan to run this again. In partnership with YWAM Boston (USA), one of our staff co-led two TESOL courses in which 13 trainees were equipped to teach English and 30+ students were taught English. Subsequently English classes have been established and several people have been saved as a direct result of this ministry. We are also looking as to how we might restart our regular DTS ministry once restrictions around COVID begin to ease. ## **Christian Ministry and Outreach** We have been involved in several local projects in cooperation with other Christian organisations and churches. A selection of these ministries include: - Working with the supply of management staff and provision of volunteers to our local Foodbank - Serving with and helping to administrate our local Street Pastors outreach programme - Delivering regular child-focussed ministry in our locality and engaging with coordinated activity with a local church to help support families with children in lockdown - • Providing practical support to other outreach organisations in Wrexham ## **Achievements and performance** Our activities this year have been in full accordance with our objects and purposes as laid out above. COVID has dominated our ability to run training resulting in fewer opportunities than we would have liked. That being said, our ReFrame ministry ran successfully, and actually exceeded our expectations with uptake. We are examining what we offered and hope to be able to offer this course again next year. Building from our developed contacts from Brazil (as reported last time) we were overjoyed to welcome a married couple onto our missionary staff halfway through the year. They are the vanguard of a team we hope to plant in Swansea within the next 12 months. During the year we focussed on opportunities to provide support to local families through our activities with Wrexham Foodbank. We followed that up with investment into the Christian witness into our town leading up to Easter through engagement joining a church-wide initiative into the town to bring the Christian emphasis of the season to the fore. **Page 4** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 AUGUST 2021** As the year continued, we did further work on the amazing premises that God has given us, Gair y Gwynt, in Wrexham and made further improvements to the interior in line with our policy to be good stewards of all that God provides. We are pleased to remark that many who visit are touched by the hospitality offered and are also blessed by the spiritual atmosphere they experience which we believe has been created by the amount of prayer, worship and the positive and intentional community we seek to create. We hosted two DTS outreach teams in April and July who were predominantly engaged in children and youth ministry through local schools and churches. They also led some times of intercession and worship in different settings. They provided a lot of spiritual encouragement to all they met. Over the summer we were delighted to announce the formation of a new team for YWAM Wales – namely our Cardiff Team, headed up by a new leader. Some missionaries had arrived earlier in the year in anticipation of the team getting going and the team spent much of their time settling into the area and developing new relationships. They are seeking out the best opportunities for ministry and it is our hope that during the next year more missionaries will join them and their ministry profile start to develop. Our focussed ministry on supporting local churches continued during this time too, as some of our YWAM missionaries facilitated a retreat for the leaders of a local church at a retreat centre nearby. This was a great chance to get to know them at a deeper level and something we would be happy to repeat. ## **Plans for future years** As mentioned above, YWAM Swansea continues to be a ‘work in progress’, but with the arrival of a new couple this year we are hopeful that next year will be the chance to see this develop. YWAM Cardiff, just a few weeks old at time of writing, will undoubtedly figure much in our profile for next year and we are excited to think of the new ways that God will allow the ministry of YWAM Wales to join in with what God is doing in our capital city. We are anticipating a quieter year for YWAM Wrexham due to two staff members leaving and two others being on sabbatical for a few months. ## **Changes in Trustees & Members** There were no changes during the year, but after the year-end there were some changes to Trustees and Members as follows. In December 2021 our National Convenors, Mark and Sue Vening (founding trustees), resigned from the board and moved to Panama as missionaries in January 2022 with their family. Luke Howson has taken over from Mark as Chair of Trustees, and we welcomed Lidia Lammardo, leader of the Cardiff team, onto our Board. We also marked the addition of members Jo Dunbar in December 2021, and Tim & Jackie Latham in February 2022. **Page 5** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 AUGUST 2021** ## **Financial review** Total income for the year was £13,536 (2020 - £14,413). The principal source of income was contributions received from people attending the DTS and other events which totalled £6,150 (2020 - £5,200) during the year. This was supplemented by donations received £5,119 (2020 - £3,712). Total expenditure for the year was £12,863 (2020 - £15,886). The main area of expenditure was running costs of the YWAM house £8,459 (2020 - £8,581). At the end of the year the charity reserves were £11,587 which are all unrestricted. As a reserves policy, the charity should have enough unrestricted funds to cover three months’ running costs at any given time, which would equate to approximately £2,500. ## **Trustees’ responsibilities** Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that year. In preparing those financial statements the trustees are required to: - a) select suitable accounting policies and apply them consistently; - b) make judgments and estimates that are reasonable and prudent; - c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; - d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with 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 or other irregularities. This report was approved by the trustees on …………………………….. 2022 and is signed on 2 3 r d F e b r u a r y their behalf by: ……………………………………… Mr L Howson (Chair) **Page 6** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **YEAR ENDED 31 AUGUST 2021** |**RECEIPTS**
Donations received
YWAMer contributions
Tuition fees
Other income
TOTAL RECEIPTS
**PAYMENTS**
Tuition expenses
National expenses
Heat and light
Water and rates
Insurance
Telephone and internet
Motor and travel expenses
Repairs and maintenance
Equipment
Hospitality
Bank charges
Other expenses
TOTAL PAYMENTS
**NET OF RECEIPTS/(PAYMENTS)**
Cash funds last y/e
Cash funds this y/e|Unrestricted
funds
**Total**
**Funds**
Total
funds
2021
**2021**
2020
£
**£**
£
5,119
**5,119**
3,712
6,150
-
**6,150**
**-**
5,200
4,458
2,267
**2,267**
1,043| |---|---| ||13,536
**13,536**
14,413| ||-
**-**
2,440
1,535
**1,535**
2,293
2,918
**2,918**
3,050
3,088
**3,088**
2,969
600
**600**
700
514
**514**
540
2,448
**2,448**
2,179
640
**640**
567
659
**659**
755
395
**395**
84
-
**-**
60
16
**16**
249| ||12,813
**12,813**
15,886| ||723
**723**
(1,473)
10,914
**10,914**
12,387| ||11,637
**11,637**
10,914| **Page 7** ## **YOUTH WITH A MISSION CYMRU/WALES** ## **STATEMENT OF ASSETS AND LIABILITIES** ## **31 AUGUST 2021** ||**2021**|2020| |---|---|---| ||**£**|£| |**CASH FUNDS**||| |CAF current account|**11,119**|10,786| |Paypal account|**461**|27| |Cash in hand|**57**|101| ||────|────| |**TOTAL CASH FUNDS**|**11,637**|10,914| ||────|────| ||**Current value**|| ||**£**|| |**ASSETS RETAINED FOR THE CHARITY’S OWN USE**||| |25 Hightown Road|**302,000**|| ||────|| ||**302,000**|| ||────|| These receipts and payments accounts were approved by the trustees on …………………………. 2022 2 3 r d F e b r u a r y and are signed on their behalf by: ……………………………………… Mr L Howson (Chair)