OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

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 2022

YOUTH WITH A MISSION THE KINGS LODGE

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY AND ITS TRUSTEES

Trustees

Philip Leage (Chair) Kiwon Kwon Victoria Bolton Emmanuel Entee David Fawcett Taryn Cooper Rebecca Mancini Rachael Orrell Brian Niblock Benjamin Foster Anne Sloan

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 2022

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 2022.

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:

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 2022

Main activities

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.

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. In May 2022, almost all of our volunteers attended a gathering for volunteers from Youth With A Mission Wales, Ireland, Scotland and England where we received input, training and inspiration. Some of our staff attended training in discipleship over the summer of 2022.

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.

In January 2022, we ran a 6-month Discipleship Training School with trainees coming from 4 nations. Again, in April, we launched a second Discipleship Training School. We continued to run our online English Language Course as well.

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. We are engaging with local primary schools hosting school assemblies and Christian clubs, including online school assemblies. In the summer of 2022, we partnered again with Saints Nuneaton and the local council, to do a ‘Staycation’ event where families with HAF funding could receive food and have a fun family day out.

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. 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

3

YOUTH WITH A MISSION THE KINGS LODGE (A company limited by guarantee)

with parents, families and the wider body of Christ, demonstrating God’s love through mercy ministries. We encourage our whole community to regularly attend and engage with local churches.

In the summer of 2022, we hosted a performance of the Passion Play by Manna Ministries where many people from our surrounding community came to watch. We also sent volunteers out during the Commonwealth Games in Birmingham and surrounding cities to pray for people.

4

YOUTH WITH A MISSION THE KINGS LODGE

(A company limited by guarantee)

Financial Review

Principle sources of income

The charity’s primary sources of income are through residential training fees, which amount to 66% of total income, and voluntary donations, which amount to 14% of total income. Of the voluntary donation income, 10% 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 £54,140 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.

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;

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 28[th] February 2023 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 2022

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 to 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
2022
£
Restricted
Funds
2022
£
Total Funds
2022
£
Total Funds
2021
£
29,676
3,316
32,992
49,461
168,657
28,677
197,334
175,914
1,044
-
1,044
1,676
14
-
14
**51 **
199,391
31,993
231,384
**227,102 **
-
-
-
-
261,289
33,366
294,655
229,245
3,705
-
3,705
1,860
264,994
33,366
298,360
231,105
(65,603)
(1,373)
(66,976)
(4,003)
-
-
-
-
(65,603)
(1,373)
(66,976)
(4,003)
-
-
-
-
(16,964)
-
(16,964)
-
-
-
-
-
(82,567)
(1,373)
(83,940)
(4,003)
136,707
8,484
145,191
**149,194 **
54,140
7,111
61,251
145,191

All activities relate to continuing operations.

The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 8 to 14 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 2022

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
2022
£
Restricted
Funds
31 August
2022
£
Total
Funds
31 August
2022
£
Total
Funds
31 August
2021
£
11,839
-
11,839
6,213
11,839
-
11,839
6,213
32,096
488
32,584
24,010
15,275
6,623
21,898
116,508
47,371
7,111
54,482
140,518
(5,070)
-
(5,070)
(1,540)
42,301
7,111
49,412
138,978
-
-
-
-
54,140
7,111
61,251
145,191
-
7,111
7,111
8,484
54,140
-
54,140
136,707
54,140
7,111
61,251
145,191

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 28[th] February 2023 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 2022

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 2022

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


on the following basis
Computer Equipment - 20%
Motor Vehicles - 20%
Fixtures & Fittings - 20%

2. INCOME FROM DONATIONS AND LEGACIES

Donations
Legacies		 Unrestricted
Funds
2022
£
Restricted
Funds
2022
£
Total
Funds
2022
£
Total
Funds
2021
£
29,676
3,316
32,992
49,461
-
-
-
-
29,676
3,316
32,992
49,461

3. INCOME FROM CHARITABLE ACTIVITIES

Training/Course fees
Staff Contributions
Outreach Programme fees
Other income		 Unrestricted
Funds
2022
£
Restricted
Funds
2022
£
Total
Funds
2022
£
Total
Funds
2021
£
31,993
-
31,993
35,657
120,262
-
120,262
132,293
-
28,677
28,677
-
16,402
-
16,402
7,964
168,657
28,677
197,334
175,914

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 2022

4. INCOME FROM TRADING ACTIVITIES

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Café and books sales 1,044 - 1,044 1,676
1,044 - 1,044 1,676
**5. ** INVESTMENT INCOME
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Interest income 14 - 14 51
14 - 14 51
6. EXPENDITURE ON RAISING FUNDS
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Fundraising expense - - - -
- - - -

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 2022

7. EXPENDITURE ON CHARITABLE ACTIVITIES EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Training/Course costs 15,602 - 15,602 10,899
Catering and hospitality costs 17,033 1,945 18,978 10,541
Repairs and maintenance 32,544 215 32,759 10,159
Outreach programme costs - 10,777 10,777 1,820
Volunteer costs 312 168 480 553
Travel 5,031 10,721 15,752 1,878
Rent & rates (incl. mains supplies) 102,421 353 102,774 96,460
Telephone and internet costs 25,443 617 26,060 30,689
Insurance 17,333 - 17,333 20,228
Other office related costs 26,311 2,049 28,360 30,225
Legal and professional fees 10,313 - 10,313 8,052
Bank charges - - - -
Bad debt expense 625 - 625 507
Depreciation 4,872 - 4,872 3,869
Other costs 3,449 6,521 9,970 3,365
261,289 33,366 294,655 229,245
8.
OTHER EXPENDITURE
Café expense		 Unrestricted
Funds
2022
£
Restricted
Funds
2022
£
Total
Funds
2022
£
Total
Funds
2021
£
3,705
-
3,705
1,860
3,705
-
3,705
1,860

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 2022

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
2022
£
Restricted
Funds
2022
£
Total
Funds
2022
£
Total
Funds
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

10. EMPLOYEE COSTS

The company employed no staff during the period (2021: nil).

The Trustees received no remuneration during the period (2021: 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 2021
NBV at 31st August 2022		 Computer
Equipment
£
Motor
Vehicles
£
Total
.
£
8,226
10,490
18,716
10,498
-
10,498
18,724
10,490
29,214
(4,970)
(7,533)
(12,503)
(2,775)
(2,097)
(4,872)
(7,745)
(9,630)
(17,375)
3,256
2,957
6,213
10,979
860
11,839

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 2022

12. DEBTORS

EBTORS
Trade debtors
Other debtors
Prepayments and accrued income		 2022
£
2021
£
28,469
20,628
-
-
4,115
3,382
32,584
24,010

13. CREDITORS: Amounts falling due within 1 year

Trade creditors
Other creditors
Accruals and deferred income		 2022
£
2021
£
1,601
475
-
-
3,469
1,065
5,070
1,540

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 2022

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
£
£
£
£
£
£
136,707
199,391
(264,994)
(16,964)
-
54,140
136,707
199,391
(264,994)
(16,964)
-
54,140
1,513
(20)
-
-
-
1,493
-
28,798
(28,798)
-
-
-
3,412
2,983
(4,519)
-
-
1,876
1,040
288
(49)
-
-
1,279
2,519
(56)
-
-
-
2,463
8,484
31,993
(33,366)
-
-
7,111
145,191
231,384
(298,360)
(16,964)
-
61,251

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