**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]