Registered number: 09310285 Charity number: 1165548
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2021
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY AND ITS TRUSTEES
FOR THE YEAR ENDED 31[ST] AUGUST 2021
Trustees
Philip Leage (Chair) Anne Sloan Benjamin Foster Paul Walland Rachael Orrell Brian Niblock Rebecca Mancini David Fawcett Taryn Cooper Emmanuel Entee (appointed 17/09/2021)
Company Registered Number
09310285
Charity Registered Number
1165548
Registered Office
The King’s Lodge Watling Street Nuneaton Warwickshire CV10 0TZ
1
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
TRUSTEES REPORT
FOR THE YEAR ENDED 31[ST] AUGUST 2021
The Trustees present their annual report together with the financial statements of Youth With A Mission The Kings Lodge for the year ended 31[st] August 2021.
Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directors Report) Regulations 2013 is not required.
Structure, Governance & Management
The company was established under a Memorandum of Association which sets out the objects and powers of the charitable company. It is governed under its Article of Association dated 22[nd] September 2014.
The governing body of the charity is the Board of Trustees. The trustees are also directors for the purpose of the Companies Act.
Membership
The charity is constituted of a Membership which is open to any individual committed to promoting its objects and who is:
-
Nominated by two current members of the charity and applies to the charity in the form required by the Trustees;
-
Is aged 16 or over;
-
Is approved by a vote of at least 66% of the current Members voting in person or by proxy at an AGM;
-
Signs the Register of Members and subscribes without reservation to the Statement of Faith as set out herein and signs a document agreeing to YWAM’s Foundational Values.
Trustee selection methods
The Trustees have control of the Charity and its property and funds. Each of the Trustees must be a Member and sign a Declaration of Willingness to act as a Charity Trustee. A Trustee should retire after serving for three years but shall serve a maximum of four consecutive terms of three years. Every issue may be determined by a simple majority of the votes cast at a meeting or by a written Resolution signed by all the Trustees.
Objectives & Activities
Purpose
Our purpose is the advancement of the Evangelical Christian Faith worldwide, and the promotion of religious harmony for the benefit of the public by promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths as the trustees should determine.
2
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
TRUSTEES REPORT (Continued)
FOR THE YEAR ENDED 31[ST] AUGUST 2021
Main activities
-
Being a discipling community committed to hold to the teachings of Jesus Christ.
-
Providing training that promotes growth in Godly character, skills and knowledge, resulting in the application of biblical truth and servant-hearted ministry.
-
Taking opportunities to proclaim the Gospel of Jesus through lifestyle and events.
-
Demonstrating God's love through mercy ministries.
-
Building life-giving relationships with parents, families and the wider body of Christ.
-
Helping children and young people discover their God-given destiny and potential in partnership with the local church.
-
Multiplying schools and ministries through strategic pioneering initiatives.
Achievements & Performance
The Charity is dependent on the services of unpaid volunteers for which we are greatly indebted and wish to thank them for their commitment and support.
Due to COVID-19 pandemic, many of our usual activities, training and events were postponed or cancelled for some of 2020 into 2021. Others had to be adapted and moved onto online platforms. However, with that said, we were still able to perform many activities in line with our purpose this year.
Achievements during the year include:
Volunteer training and support – The ways we have created opportunity for the growth and development of our volunteers is through weekly team meetings, personal ‘one on one’ mentoring, ongoing personnel reviews and exit interviews/debriefing times. We also provide access to national and international training opportunities for the ongoing development for our volunteers. Thanks to technology, most of these activities continued online during the COVID-19 pandemic. Many of our volunteers attended a training course over Zoom to better equip them in the area of discipleship, and in the spring, we ran a 4-week leadership seminar for our volunteers.
Education – we are committed to running high quality training. We provide training that promotes growth in Godly character, skills and knowledge, resulting in the application of biblical truth and servant-hearted ministry. We provide life skills training, personal growth and development, Biblical studies instruction, cross cultural experiences, child and youth worker training, and other everyday life areas such as fire prevention, food hygiene, finances, first aid, and safeguarding. The King’s Lodge is the administration centre of Youth with a Mission’s University of the Nations international extension studies training platform. We are also the administrative home for a growing number of Online Biblical Studies courses.
We started a School of Biblical Studies in September 2020 that was a ‘hybrid’ school with residential and online trainees. In January 2021, the school moved fully online due to the national lockdown. In October 2020, We ran an online ‘Discover Nations’ seminar which looks into how we can have greater understanding of and impact in the world around us. We also started an online English Language course.
Engaging with young people – We are committed to the provision of safe environments for children and young people to grow in their understanding of God. We run two weekly youth clubs for local children (that continued online throughout the pandemic). We are engaging with local primary schools hosting school assemblies and Christian clubs, including online school assemblies. In the summer of 2021, we partnered with Saints Nuneaton and the local council, to do a ‘Staycation’ event where families with HAF funding could come and receive food and have a fun family day out. We saw between 150-175 people per day come through.
Engaging with other faiths & the wider community – we are committed to continuing and growing the scope of courses and seminars that we offer, especially within our Muslim and Youth Ministries, creating a greater understanding between different cultures. We continue to be directly involved in with Saints, a community regeneration project in the heart of Nuneaton. This project aims to tackle unemployment and lack of education and promote wellbeing and community connection, as well as provide fresh meat and vegetables for struggling families. Our Leicester base hosts language courses for students including Iraqi, Kurdish and Turkish refugees. These have continued online throughout the pandemic. Our team in Coventry is regularly involved in connecting with immigrant communities in various ways, including a ‘Food Hub’ which provides food for immigrants, refugees and asylum seekers. We continue to build life-giving relationships with parents, families and the
3
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
wider body of Christ, demonstrating God’s love through mercy ministries. We encourage our whole community to regularly attend and engage with local churches.
Financial Review
Principle sources of income
The charity’s primary sources of income are through residential training fees, which amount to 74% of total income, and voluntary donations, which amount to 22% of total income. Of the voluntary donation income, 8% is within restricted funds.
Expenditure
Our main expenditures during the year were to provide Christian training.
Reserves Policy
The Trustees consider that reserves equivalent to between three and six months operation expenditure is required to allow for the uncertain income flow through the fluctuation of student income and donations.
At the end of the period the unrestricted funds, or ‘free reserves’ of the charity, were £136,707 as shown in Note 14.
The trustees are considering ways to increase the certainty of student and donation income, and our unrestricted funds or ‘free reserves’.
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they have adopted the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
COVID-19 (coronavirus) update
Youth With A Mission The King’s Lodge have been following and implementing the recommendations and guidance from the UK government (and thereby the chief medical officer and chief scientific officer). We have been reviewing and closely monitoring the situation daily and taking appropriate steps to ensure our volunteers, trainees and visitors’ safety. Actions taken so far include closure / cancelling of schools and training programmes, events and implementing procedures to ensure our campus bases adhere to the social distancing guidelines. We will also continue to monitor the physical and psychological impacts on our full-time volunteers.
The Trustees are monitoring and following the outbreak and assessing the implications of covid-19 (coronavirus). The Charity will see income lost in the year of 2021/22, due to the closure of schools, training courses and events cancellations. The Trustees have recently reviewed the reserves held by the Charity. According to the Charity’s most recent accounts (unaudited) its net assets were £103,039 incl. £72,115 cash in hand with £26,000 debtors; £92,204 unrestricted funds (corresponding to approx. 6 months operating expenses), which are sufficient to enable the charity to continue acting through these uncertain times. See Note 15.
4
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
Trustees’ Responsibility Statement
The Trustees (who are also directors of Youth With A Mission The King’s Lodge for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to;
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose, with reasonable accuracy, at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on 25[th] February 2022 and signed on their behalf by:
Philip Leage
5
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31[ST] AUGUST 2021
| FOR TH | E YEAR ENDED 31ST AUGUST 2021 |
|---|---|
| Note INCOME FROM: Donations 2 Charitable activities 3 Other trading activities 4 Investment income 5 TOTAL INCOME EXPENDITURE ON: Raising funds 6 Charitable activities 7 Other 8 TOTAL Net Income/Expenditure before tax Tax Payable Net Income/Expenditure after tax Transfers between funds Transfer of opening reserves from Youth With A Mission Liverpool Base Transfer of opening reserves from Youth With A Mission Ltd NET MOVEMENT IN FUNDS Reconciliation of Funds Total funds brought forward Total funds carried forward |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 45,722 3,739 49,461 58,401 175,914 - 175,914 251,665 1,676 - 1,676 2,061 51 - 51 249 |
| 223,363 3,739 227,102 312,376 |
|
| - - - - 227,651 1,594 229,245 282,947 1,860 - 1,860 942 |
|
| 229,511 1,594 231,105 283,889 |
|
| (6,148) 2,145 (4,003) 28,487 - - - - |
|
| (6,148) 2,145 (4,003) 28,487 - - - - - - - - - - - - |
|
| (6,148) 2,145 (4,003) 28,487 142,855 6,339 149,194 **120,707 ** |
|
| 136,707 8,484 145,191 149,194 |
All activities relate to continuing operations.
The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 7 to 15 form part of these financial statements.
6
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
BALANCE SHEET
AS AT 31[ST] AUGUST 2021
| Note FIXED ASSETS Tangible Assets 11 Total Tangible Assets CURRENT Debtors 12 Cash at bank and in hand Total current assets CREDITORS: amounts falling due within 1 year 13 NET CURRENT ASSETS CREDITORS: amounts falling due after more than 1 year NET ASSETS CHARITY FUNDS Restricted Funds 14 Unrestricted Funds 14 TOTAL FUNDS |
Unrestricted Funds 31 August 2021 £ Restricted Funds 31 August 2021 £ Total Funds 31 August 2021 £ Total Funds 31 August 2020 £ 6,213 - 6,213 10,082 |
|---|---|
| 6,213 - 6,213 10,082 24,010 - 24,010 50,367 108,024 8,484 116,508 90,375 |
|
| 132,034 8,484 140,518 140,742 (1,540) - (1,540) (1,630) |
|
| 136,707 8,484 138,978 139,112 - - - - |
|
| 136,707 8,484 145,191 149,194 - 8,484 8,484 6,339 136,707 - 136,707 142,855 |
|
| 136,707 8,484 145,191 149,194 |
The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006, and section 144 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The financial statements were approved by the Trustees on 25[th] February 2022 and signed on their behalf by
Philip Leage
7
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
1. ACCOUNTING POLICIES
Basis of preparation of financial 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 1 January 2015) – (Charities SORP (FRS 102)), and the Companies Act 2006.
Youth With A Mission The Kings Lodge meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
Company Status
The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for a specific purpose.
Income
All income is recognised once the company has an entitlement to the income, it is probable that the income will be received, and the amount of income can be reliably measured.
For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the company has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the company, or the company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the company use of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised and refer to the Trustees’ report for more information about their contribution.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably.
Interest Receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of interest paid or payable by the Bank.
8
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
1. ACCOUNTING POLICIES (continued)
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are carried at cost net of depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their expected useful lives on the following basis
Computer Equipment - 20% Motor Vehicles - 20% Fixtures & Fittings - 20%
2. INCOME FROM DONATIONS AND LEGACIES
| NCOME FROM DONATIONS AND LEGACIES | ND LEGACIES | ND LEGACIES |
|---|---|---|
| Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ Donations 45,722 3,739 49,461 58,401 Legacies - - - - 45,722 3,739 49,461 58,401 NCOME FROM CHARITABLE ACTIVITIES Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ Training/Course fees 35,657 - 35,657 71,777 Staff Contributions 132,293 - 132,293 151,661 Overseas Programme fees - - - - Other income 7,964 - 7,964 28,227 175,914 - 175,914 251,665 |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 45,722 3,739 49,461 58,401 - - - - |
|
| 45,722 3,739 49,461 58,401 |
||
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 35,657 - 35,657 71,777 132,293 - 132,293 151,661 - - - - 7,964 - 7,964 28,227 |
||
| 175,914 - 175,914 251,665 |
3. INCOME FROM CHARITABLE ACTIVITIES
9
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
4. INCOME FROM TRADING ACTIVITIES
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Café and books sales | 1,676 | - | 1,676 | 2,061 | |
| 1,676 | - | 1,676 | 2,061 | ||
| NVESTMENT INCOME | |||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Interest income | 51 | - | 51 | 249 | |
| 51 | - | 51 | 249 | ||
| XPENDITURE ON RAISING | FUNDS | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Fundraising expense | - | - | - | - | |
| - | - | - | - |
5. INVESTMENT INCOME
6. EXPENDITURE ON RAISING FUNDS
10
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
7. EXPENDITURE ON CHARITABLE ACTIVITIES
| Training/Course costs Catering and hospitality costs Repairs and maintenance Overseas programme costs Volunteer costs Travel Rent & rates (incl. mains supplies) Telephone and internet costs Insurance Other office related costs Legal and professional fees Bank charges Bad debt expense Depreciation Other costs |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 10,857 42 10,899 18.050 10,541 - 10,541 24,360 10,159 - 10,159 12,500 1,820 - 1,820 5,267 95 458 553 1,301 1,878 - 1,878 8,890 96,460 - 96,460 105,281 30,689 - 30,689 31,722 20,228 - 20,228 17,073 30,131 94 30,225 35,227 8,052 - 8,052 7,844 - - - - 507 - 507 302 3,869 - 3,869 3,680 2,365 1,000 3,365 11,450 |
|---|---|
| 227,651 1,594 229,245 282,947 |
8. OTHER EXPENDITURE
| THER EXPENDITURE | |
|---|---|
| Café expense | Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 1,860 - 1,860 942 |
| 1,860 - 1,860 942 |
11
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
9. FEES FOR EXAMINATION OF THE ACCOUNTS
| Independent Examiner Fees Assurance services other than independent examiner Tax advisory fee Other fees paid to the independent examiner |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ - - - - - - - - - - - - - - - - |
|---|---|
| - - - - |
10. EMPLOYEE COSTS
The company employed no staff during the period (2020: nil).
The Trustees received no remuneration during the period (2020: nil).
11. FIXED ASSETS
| Cost Balance Brought Forward Additions Balance carried forward Depreciation Balance Brought Forward Charge for year Balance Carried Forward NBV at 31st August 2020 NBV at 31st August 2021 |
Computer Equipment £ Motor Vehicles £ Total . £ 8,226 10,490 18,716 - - - |
|---|---|
| 8,226 10,490 18,716 |
|
| (3,199) (5,435) (8,634) (1,771) (2,098) (3,869) |
|
| (4,970) (7,533) (12,503) |
|
| 5,027 5,055 10,082 |
|
| 3,256 2,957 6,213 |
12
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
12. DEBTORS
| EBTORS | |
|---|---|
| Trade debtors Other debtors Prepayments and accrued income |
2021 £ 2020 £ 20,628 46,904 - - 3,382 3,463 |
| 24,010 50,367 |
13. CREDITORS: Amounts falling due within 1 year
| Trade creditors Other creditors Accruals and deferred income |
2021 £ 2020 £ 475 1,565 - - 1,065 65 |
|---|---|
| 1,540 1,630 |
13
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
14. STATEMENT OF FUNDS
| Unrestricted Funds Accumulated general fund Restricted Funds Building fund Outreaches Extension Studies Fundraising by Froydis Memorial Fund David Long Total Funds |
Brought forward Income Expense Transfers in/out Gains / (losses) Carried forward £ £ £ £ £ £ 142,855 223,363 (229,511) - - 136,707 |
|---|---|
| 142,855 223,363 (229,511) - - 136,707 1,493 20 - - - 1,513 - - - - - - 2,342 2,664 (1,594) - - 3,412 820 220 - - - 1,040 1,684 835 - - - 2,519 |
|
| 6,339 3,739 (1,594) - - 8,484 |
|
| 149,194 227,102 (231,105) - - 145,191 |
Restricted Funds
These restricted funds consist of certain income which is dedicated to restricted use as detailed below
Building fund
The Building fund consists of monies donated for our property development and thus is a restricted fund.
Outreaches
Outreach monies are finances given by our trainees to pay for their outreach/field trip experience and therefore are restricted to this activity.
Extension Studies
Extension Studies funds are given for the sole purpose of furthering the Extension Studies training programmes and related activates.
Fundraising by Froydis
Donations given specifically for the future improvement of the King’s Lodge building.
Memorial Fund David Long
These funds are donated by the family of David Long and are restricted in their use to the agreed criteria of the Long family.
14
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
15. NON-ADJUSTING BALANCE SHEET EVENT
Due to the Coronavirus pandemic The Kings Lodge had to cancel Schools and Events and will be adversely affected in the 2021-22 financial period. At time of reviewing the 2020-21 accounts the Trustees have reviewed the accounts and funds of the charity to ensure that there are sufficient assets and cashflow to allow the charity to continue operation. The Kings Lodge has adequate cash reserves to cover 6 months of operating expenses.
15
Registered number: 09310285 Charity number: 1165548
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] AUGUST 2021
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY AND ITS TRUSTEES
FOR THE YEAR ENDED 31[ST] AUGUST 2021
Trustees
Philip Leage (Chair) Anne Sloan Benjamin Foster Paul Walland Rachael Orrell Brian Niblock Rebecca Mancini David Fawcett Taryn Cooper Emmanuel Entee (appointed 17/09/2021)
Company Registered Number
09310285
Charity Registered Number
1165548
Registered Office
The King’s Lodge Watling Street Nuneaton Warwickshire CV10 0TZ
1
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
TRUSTEES REPORT
FOR THE YEAR ENDED 31[ST] AUGUST 2021
The Trustees present their annual report together with the financial statements of Youth With A Mission The Kings Lodge for the year ended 31[st] August 2021.
Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directors Report) Regulations 2013 is not required.
Structure, Governance & Management
The company was established under a Memorandum of Association which sets out the objects and powers of the charitable company. It is governed under its Article of Association dated 22[nd] September 2014.
The governing body of the charity is the Board of Trustees. The trustees are also directors for the purpose of the Companies Act.
Membership
The charity is constituted of a Membership which is open to any individual committed to promoting its objects and who is:
-
Nominated by two current members of the charity and applies to the charity in the form required by the Trustees;
-
Is aged 16 or over;
-
Is approved by a vote of at least 66% of the current Members voting in person or by proxy at an AGM;
-
Signs the Register of Members and subscribes without reservation to the Statement of Faith as set out herein and signs a document agreeing to YWAM’s Foundational Values.
Trustee selection methods
The Trustees have control of the Charity and its property and funds. Each of the Trustees must be a Member and sign a Declaration of Willingness to act as a Charity Trustee. A Trustee should retire after serving for three years but shall serve a maximum of four consecutive terms of three years. Every issue may be determined by a simple majority of the votes cast at a meeting or by a written Resolution signed by all the Trustees.
Objectives & Activities
Purpose
Our purpose is the advancement of the Evangelical Christian Faith worldwide, and the promotion of religious harmony for the benefit of the public by promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths as the trustees should determine.
2
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
TRUSTEES REPORT (Continued)
FOR THE YEAR ENDED 31[ST] AUGUST 2021
Main activities
-
Being a discipling community committed to hold to the teachings of Jesus Christ.
-
Providing training that promotes growth in Godly character, skills and knowledge, resulting in the application of biblical truth and servant-hearted ministry.
-
Taking opportunities to proclaim the Gospel of Jesus through lifestyle and events.
-
Demonstrating God's love through mercy ministries.
-
Building life-giving relationships with parents, families and the wider body of Christ.
-
Helping children and young people discover their God-given destiny and potential in partnership with the local church.
-
Multiplying schools and ministries through strategic pioneering initiatives.
Achievements & Performance
The Charity is dependent on the services of unpaid volunteers for which we are greatly indebted and wish to thank them for their commitment and support.
Due to COVID-19 pandemic, many of our usual activities, training and events were postponed or cancelled for some of 2020 into 2021. Others had to be adapted and moved onto online platforms. However, with that said, we were still able to perform many activities in line with our purpose this year.
Achievements during the year include:
Volunteer training and support – The ways we have created opportunity for the growth and development of our volunteers is through weekly team meetings, personal ‘one on one’ mentoring, ongoing personnel reviews and exit interviews/debriefing times. We also provide access to national and international training opportunities for the ongoing development for our volunteers. Thanks to technology, most of these activities continued online during the COVID-19 pandemic. Many of our volunteers attended a training course over Zoom to better equip them in the area of discipleship, and in the spring, we ran a 4-week leadership seminar for our volunteers.
Education – we are committed to running high quality training. We provide training that promotes growth in Godly character, skills and knowledge, resulting in the application of biblical truth and servant-hearted ministry. We provide life skills training, personal growth and development, Biblical studies instruction, cross cultural experiences, child and youth worker training, and other everyday life areas such as fire prevention, food hygiene, finances, first aid, and safeguarding. The King’s Lodge is the administration centre of Youth with a Mission’s University of the Nations international extension studies training platform. We are also the administrative home for a growing number of Online Biblical Studies courses.
We started a School of Biblical Studies in September 2020 that was a ‘hybrid’ school with residential and online trainees. In January 2021, the school moved fully online due to the national lockdown. In October 2020, We ran an online ‘Discover Nations’ seminar which looks into how we can have greater understanding of and impact in the world around us. We also started an online English Language course.
Engaging with young people – We are committed to the provision of safe environments for children and young people to grow in their understanding of God. We run two weekly youth clubs for local children (that continued online throughout the pandemic). We are engaging with local primary schools hosting school assemblies and Christian clubs, including online school assemblies. In the summer of 2021, we partnered with Saints Nuneaton and the local council, to do a ‘Staycation’ event where families with HAF funding could come and receive food and have a fun family day out. We saw between 150-175 people per day come through.
Engaging with other faiths & the wider community – we are committed to continuing and growing the scope of courses and seminars that we offer, especially within our Muslim and Youth Ministries, creating a greater understanding between different cultures. We continue to be directly involved in with Saints, a community regeneration project in the heart of Nuneaton. This project aims to tackle unemployment and lack of education and promote wellbeing and community connection, as well as provide fresh meat and vegetables for struggling families. Our Leicester base hosts language courses for students including Iraqi, Kurdish and Turkish refugees. These have continued online throughout the pandemic. Our team in Coventry is regularly involved in connecting with immigrant communities in various ways, including a ‘Food Hub’ which provides food for immigrants, refugees and asylum seekers. We continue to build life-giving relationships with parents, families and the
3
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
wider body of Christ, demonstrating God’s love through mercy ministries. We encourage our whole community to regularly attend and engage with local churches.
Financial Review
Principle sources of income
The charity’s primary sources of income are through residential training fees, which amount to 74% of total income, and voluntary donations, which amount to 22% of total income. Of the voluntary donation income, 8% is within restricted funds.
Expenditure
Our main expenditures during the year were to provide Christian training.
Reserves Policy
The Trustees consider that reserves equivalent to between three and six months operation expenditure is required to allow for the uncertain income flow through the fluctuation of student income and donations.
At the end of the period the unrestricted funds, or ‘free reserves’ of the charity, were £136,707 as shown in Note 14.
The trustees are considering ways to increase the certainty of student and donation income, and our unrestricted funds or ‘free reserves’.
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they have adopted the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
COVID-19 (coronavirus) update
Youth With A Mission The King’s Lodge have been following and implementing the recommendations and guidance from the UK government (and thereby the chief medical officer and chief scientific officer). We have been reviewing and closely monitoring the situation daily and taking appropriate steps to ensure our volunteers, trainees and visitors’ safety. Actions taken so far include closure / cancelling of schools and training programmes, events and implementing procedures to ensure our campus bases adhere to the social distancing guidelines. We will also continue to monitor the physical and psychological impacts on our full-time volunteers.
The Trustees are monitoring and following the outbreak and assessing the implications of covid-19 (coronavirus). The Charity will see income lost in the year of 2021/22, due to the closure of schools, training courses and events cancellations. The Trustees have recently reviewed the reserves held by the Charity. According to the Charity’s most recent accounts (unaudited) its net assets were £103,039 incl. £72,115 cash in hand with £26,000 debtors; £92,204 unrestricted funds (corresponding to approx. 6 months operating expenses), which are sufficient to enable the charity to continue acting through these uncertain times. See Note 15.
4
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
Trustees’ Responsibility Statement
The Trustees (who are also directors of Youth With A Mission The King’s Lodge for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to;
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose, with reasonable accuracy, at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on 25[th] February 2022 and signed on their behalf by:
Philip Leage
5
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31[ST] AUGUST 2021
| FOR TH | E YEAR ENDED 31ST AUGUST 2021 |
|---|---|
| Note INCOME FROM: Donations 2 Charitable activities 3 Other trading activities 4 Investment income 5 TOTAL INCOME EXPENDITURE ON: Raising funds 6 Charitable activities 7 Other 8 TOTAL Net Income/Expenditure before tax Tax Payable Net Income/Expenditure after tax Transfers between funds Transfer of opening reserves from Youth With A Mission Liverpool Base Transfer of opening reserves from Youth With A Mission Ltd NET MOVEMENT IN FUNDS Reconciliation of Funds Total funds brought forward Total funds carried forward |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 45,722 3,739 49,461 58,401 175,914 - 175,914 251,665 1,676 - 1,676 2,061 51 - 51 249 |
| 223,363 3,739 227,102 312,376 |
|
| - - - - 227,651 1,594 229,245 282,947 1,860 - 1,860 942 |
|
| 229,511 1,594 231,105 283,889 |
|
| (6,148) 2,145 (4,003) 28,487 - - - - |
|
| (6,148) 2,145 (4,003) 28,487 - - - - - - - - - - - - |
|
| (6,148) 2,145 (4,003) 28,487 142,855 6,339 149,194 **120,707 ** |
|
| 136,707 8,484 145,191 149,194 |
All activities relate to continuing operations.
The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 7 to 15 form part of these financial statements.
6
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
BALANCE SHEET
AS AT 31[ST] AUGUST 2021
| Note FIXED ASSETS Tangible Assets 11 Total Tangible Assets CURRENT Debtors 12 Cash at bank and in hand Total current assets CREDITORS: amounts falling due within 1 year 13 NET CURRENT ASSETS CREDITORS: amounts falling due after more than 1 year NET ASSETS CHARITY FUNDS Restricted Funds 14 Unrestricted Funds 14 TOTAL FUNDS |
Unrestricted Funds 31 August 2021 £ Restricted Funds 31 August 2021 £ Total Funds 31 August 2021 £ Total Funds 31 August 2020 £ 6,213 - 6,213 10,082 |
|---|---|
| 6,213 - 6,213 10,082 24,010 - 24,010 50,367 108,024 8,484 116,508 90,375 |
|
| 132,034 8,484 140,518 140,742 (1,540) - (1,540) (1,630) |
|
| 136,707 8,484 138,978 139,112 - - - - |
|
| 136,707 8,484 145,191 149,194 - 8,484 8,484 6,339 136,707 - 136,707 142,855 |
|
| 136,707 8,484 145,191 149,194 |
The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006, and section 144 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The financial statements were approved by the Trustees on 25[th] February 2022 and signed on their behalf by
Philip Leage
7
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
1. ACCOUNTING POLICIES
Basis of preparation of financial 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 1 January 2015) – (Charities SORP (FRS 102)), and the Companies Act 2006.
Youth With A Mission The Kings Lodge meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
Company Status
The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for a specific purpose.
Income
All income is recognised once the company has an entitlement to the income, it is probable that the income will be received, and the amount of income can be reliably measured.
For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the company has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the company, or the company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the company use of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised and refer to the Trustees’ report for more information about their contribution.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably.
Interest Receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of interest paid or payable by the Bank.
8
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
1. ACCOUNTING POLICIES (continued)
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are carried at cost net of depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their expected useful lives on the following basis
Computer Equipment - 20% Motor Vehicles - 20% Fixtures & Fittings - 20%
2. INCOME FROM DONATIONS AND LEGACIES
| NCOME FROM DONATIONS AND LEGACIES | ND LEGACIES | ND LEGACIES |
|---|---|---|
| Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ Donations 45,722 3,739 49,461 58,401 Legacies - - - - 45,722 3,739 49,461 58,401 NCOME FROM CHARITABLE ACTIVITIES Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ Training/Course fees 35,657 - 35,657 71,777 Staff Contributions 132,293 - 132,293 151,661 Overseas Programme fees - - - - Other income 7,964 - 7,964 28,227 175,914 - 175,914 251,665 |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 45,722 3,739 49,461 58,401 - - - - |
|
| 45,722 3,739 49,461 58,401 |
||
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 35,657 - 35,657 71,777 132,293 - 132,293 151,661 - - - - 7,964 - 7,964 28,227 |
||
| 175,914 - 175,914 251,665 |
3. INCOME FROM CHARITABLE ACTIVITIES
9
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
4. INCOME FROM TRADING ACTIVITIES
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Café and books sales | 1,676 | - | 1,676 | 2,061 | |
| 1,676 | - | 1,676 | 2,061 | ||
| NVESTMENT INCOME | |||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Interest income | 51 | - | 51 | 249 | |
| 51 | - | 51 | 249 | ||
| XPENDITURE ON RAISING | FUNDS | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Fundraising expense | - | - | - | - | |
| - | - | - | - |
5. INVESTMENT INCOME
6. EXPENDITURE ON RAISING FUNDS
10
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
7. EXPENDITURE ON CHARITABLE ACTIVITIES
| Training/Course costs Catering and hospitality costs Repairs and maintenance Overseas programme costs Volunteer costs Travel Rent & rates (incl. mains supplies) Telephone and internet costs Insurance Other office related costs Legal and professional fees Bank charges Bad debt expense Depreciation Other costs |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 10,857 42 10,899 18.050 10,541 - 10,541 24,360 10,159 - 10,159 12,500 1,820 - 1,820 5,267 95 458 553 1,301 1,878 - 1,878 8,890 96,460 - 96,460 105,281 30,689 - 30,689 31,722 20,228 - 20,228 17,073 30,131 94 30,225 35,227 8,052 - 8,052 7,844 - - - - 507 - 507 302 3,869 - 3,869 3,680 2,365 1,000 3,365 11,450 |
|---|---|
| 227,651 1,594 229,245 282,947 |
8. OTHER EXPENDITURE
| THER EXPENDITURE | |
|---|---|
| Café expense | Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ 1,860 - 1,860 942 |
| 1,860 - 1,860 942 |
11
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
9. FEES FOR EXAMINATION OF THE ACCOUNTS
| Independent Examiner Fees Assurance services other than independent examiner Tax advisory fee Other fees paid to the independent examiner |
Unrestricted Funds 2021 £ Restricted Funds 2021 £ Total Funds 2021 £ Total Funds 2020 £ - - - - - - - - - - - - - - - - |
|---|---|
| - - - - |
10. EMPLOYEE COSTS
The company employed no staff during the period (2020: nil).
The Trustees received no remuneration during the period (2020: nil).
11. FIXED ASSETS
| Cost Balance Brought Forward Additions Balance carried forward Depreciation Balance Brought Forward Charge for year Balance Carried Forward NBV at 31st August 2020 NBV at 31st August 2021 |
Computer Equipment £ Motor Vehicles £ Total . £ 8,226 10,490 18,716 - - - |
|---|---|
| 8,226 10,490 18,716 |
|
| (3,199) (5,435) (8,634) (1,771) (2,098) (3,869) |
|
| (4,970) (7,533) (12,503) |
|
| 5,027 5,055 10,082 |
|
| 3,256 2,957 6,213 |
12
YOUTH WITH A MISSION THE KINGS LODGE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
12. DEBTORS
| EBTORS | |
|---|---|
| Trade debtors Other debtors Prepayments and accrued income |
2021 £ 2020 £ 20,628 46,904 - - 3,382 3,463 |
| 24,010 50,367 |
13. CREDITORS: Amounts falling due within 1 year
| Trade creditors Other creditors Accruals and deferred income |
2021 £ 2020 £ 475 1,565 - - 1,065 65 |
|---|---|
| 1,540 1,630 |
13
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
14. STATEMENT OF FUNDS
| Unrestricted Funds Accumulated general fund Restricted Funds Building fund Outreaches Extension Studies Fundraising by Froydis Memorial Fund David Long Total Funds |
Brought forward Income Expense Transfers in/out Gains / (losses) Carried forward £ £ £ £ £ £ 142,855 223,363 (229,511) - - 136,707 |
|---|---|
| 142,855 223,363 (229,511) - - 136,707 1,493 20 - - - 1,513 - - - - - - 2,342 2,664 (1,594) - - 3,412 820 220 - - - 1,040 1,684 835 - - - 2,519 |
|
| 6,339 3,739 (1,594) - - 8,484 |
|
| 149,194 227,102 (231,105) - - 145,191 |
Restricted Funds
These restricted funds consist of certain income which is dedicated to restricted use as detailed below
Building fund
The Building fund consists of monies donated for our property development and thus is a restricted fund.
Outreaches
Outreach monies are finances given by our trainees to pay for their outreach/field trip experience and therefore are restricted to this activity.
Extension Studies
Extension Studies funds are given for the sole purpose of furthering the Extension Studies training programmes and related activates.
Fundraising by Froydis
Donations given specifically for the future improvement of the King’s Lodge building.
Memorial Fund David Long
These funds are donated by the family of David Long and are restricted in their use to the agreed criteria of the Long family.
14
YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] AUGUST 2021
15. NON-ADJUSTING BALANCE SHEET EVENT
Due to the Coronavirus pandemic The Kings Lodge had to cancel Schools and Events and will be adversely affected in the 2021-22 financial period. At time of reviewing the 2020-21 accounts the Trustees have reviewed the accounts and funds of the charity to ensure that there are sufficient assets and cashflow to allow the charity to continue operation. The Kings Lodge has adequate cash reserves to cover 6 months of operating expenses.
15
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Youth with a Mission The King’s Lodge On accounts for the year Charity no ended 31[st] August 2021 (if any) 1165548 Set out on pages (remember to include the page numbers of additional sheets)
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. [The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [named body]]. Delete [ ] if not applicable.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention
Basis of independent examiner’s statement
Independent examiner's statement
My examination was carried out in accordance with general Directions given
by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
• the accounts did 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 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.
- Please delete the words in the brackets if they do not apply.
Signed: Tim Oglesby BA
Date: 10[th] May 2022
[Type here]
| Name: Relevant professional qualification(s) or body (if any): Address: |
Timothy Oglesby |
|---|---|
| Institute of Chartered Accountants in England & Wales (1987-2019) | |
| Olive House, 3 Springfield Road | |
| Hinckley | |
| Leics LE10 1AN |
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
[Type here]
Give here brief details of None any items that the examiner wishes to disclose .
[Type here]