Charity Registration No.1170769
Trustees' report and financial statements For the year ended 30 September 2022 (A charitable unincorporated organisation)
Youth with A Mission Radiant London
Charity Information For the year ended 30 September 2022
| Trustees: | Christian Vargas Guidroz : Chairman |
|---|---|
| Gabriella Leutzinger | |
| Joel Lourido | |
| Elin Cancelo | |
| Courtney Mills | |
| Registered Office: | Registered office: |
| 58A St Pancras Way | |
| London | |
| NW1 0RB | |
| Charity Number: | 1170769 |
| Accountants: | Asaph Solutions Limited |
| 18 Belmont Road | |
| Chesham | |
| Bucks | |
| HP5 2EL | |
| Bankers: | Natwest Bank |
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Youth with A Mission Radiant London
Page Report of the Trustees For the year ended 30 September 2022
The trustees present their annual report and financial statements for the year ended 30 September 2022.
Summary
The trustees are pleased to report a successful year for Youth with A Mission Radiant London (YWAM Radiant London). The highlights for the year were as follows:
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There were 43 participants attending our training programs which were all aimed at developing their Christian faith and character and to equip them with specific skills to help others.
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We have helped people in our local community by serving tea, coffee, and hot meals to the homeless and vulnerable. This was done by inviting people in general to church services and to our free community activities. We have also partnered with local churches and organisations with the aim of providing help to people in need. Our work included attending drop-ins in several London boroughs.
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We are pleased to have 43 full-time volunteers working with us. YWAM is entirely dependent upon the services of unpaid volunteers for which we are greatly indebted, and we thank them for their commitment and support.
1.0 Aims and Purpose of the charity.
Our main aim is the advancement of the Evangelical Christian Faith in London, England, and elsewhere in the United Kingdom, or abroad as laid out in the Memorandum and Articles of Association of the charity.
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To advance education in accordance with Christian principles in London, England and elsewhere in the United Kingdom or abroad as the trustees may from time to time see fit.
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To promote and fulfil such other charitable purposes beneficial to the community in London, England and elsewhere in the United Kingdom or abroad.
3.0 Objectives and Activities
The objectives and activities of YWAM Radiant London are as follows:
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Training: to effectively train young people and others for involvement in missional work, community development, and Christian witness in the UK and overseas. It will do this by providing Christian training through three to six months programs to increase knowledge, increase practical skills, and develop character. Provide short-term (less than 3 weeks) training and mission opportunities and by equipping people for missional ministry through personal experience and hands-on training.
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Supporting Communities: YWAM seeks to identify missional needs in London and surrounding communities, and to strategically invest individuals, teams, and resources into those situations to help meet those needs. It is intended that the objectives and activities will be achieved as follows:
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Youth with A Mission Radiant London
Report of the Trustees (continued) For the year ended 30 September 2022
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Through conversations and contact with the people of London, e.g., we identified a need for greater engagement in London as many individuals struggle with isolation and loneliness, though living in a city that is full of people.
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Provide opportunities for young people to learn more about Christianity and its tenets for living.
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Hosting social activities to create friendships with local people, thus creating a sense of community and enjoyment
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Providing a Christian campus to host several community events and programs as a means of interacting with and attracting local community members to build stronger relationships and to share our values and beliefs.
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To help meet practical needs, provide support and community to people in the community who are struggling with homelessness, poverty, addiction, and loneliness.
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Serving the local people in the community at various drop-ins and food banks.
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Holding a total of 3 arts exhibitions per year to create a free activity for the community.
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Supporting overseas work: to form, support, and partner with missional communities, create projects and institutions to address areas of social need in other nations for the advancement of the evangelical Christian faith worldwide. YWAM Radiant London sends individuals and teams on short-term outreaches to work alongside our mission partners in other nations, especially in major urban cities throughout Europe and worldwide.
4.0 Public Benefit
The trustees confirm that the Charity has complied with its duty under section 17 of the 2011 Charities Act and has had due regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's objectives and activities. The trustees have considered how planned activities will contribute to the aims and objectives that have been set.
5.0 Achievements and Performance
Training
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The Discipleship Training School (DTS), which is YWAM's foundational course, consists of two parts over a span of five months, the three-month lecture phase, where trainees learn more about God and His world through lectures, community living and practical training, and the two-month outreach phase, which focuses on applying what was learned in the classroom through a field placement. This year 27 people attended our Discipleship Training Schools with field placements around the UK.
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YWAM Radiant London offers specialised courses in missions, for example, arts and sports in missions, and urban ministry and leadership development. We had 16 people attend these courses.
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Youth with A Mission Radiant London
Report of the Trustees (continued) For the year ended 30 September 2022
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We hosted one mission event this year. One was a ten-day missions camp in an urban setting.
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Three arts exhibitions were held in this period to help create a free activity for the community. These exhibitions were filmed as well and posted online for the community to view.
Supporting Communities
- We partner in serving hot food and offering teas and coffees several times a week for the vulnerable or homeless in the community. We host around 100 guests per week, though our numbers are growing. We seek to address the needs of those who come, referring them to local organisations that can provide shelter, resources, and meet other needs.
- Magazine
- The charity has produced an arts and culture magazine resource, entitled Chasm, for the public, to bring a positive and constructive viewpoint to the magazine industry, the arts and culture field.
6.0 Financial Review
Structure, Governance, and Management
The charity was created on 16 September 2016. Its Association model constitution sets out its objects and powers and these are governed by its Articles of Association. The governing body of the Charity is the Board of Trustees.
7.0 Recruitment, appointment and ongoing training of trustees
As the Charity is of a very relational nature, new trustees in different fields of expertise will be needs of the charity. The trustees may appoint any member to become a trustee provided the prescribed maximum is not exceeded. Any trustee appointed in this way is required to retire and be formally elected at the next annual general meeting. They would be eligible for re-election by the members. Under the Articles of Association, one third of the trustees must retire at the AGM, although they are eligible for re-election every three years.
8.0 Governance
The Board of Trustees are responsible for the property and financial monitoring and approving the strategy and vision of the Charity and ensuring the strategy is being implemented. It delegates the main day-to-day decisions to the Executive leaders. The trustees also liaise with Youth with A Mission leadership both nationally and internationally to ensure that the values and vision of YWAM internationally are being applied.
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Youth with A Mission Radiant London
Report of the Trustees (continued) For the year ended 30 September 2022
9.0 Statement of Trustees' responsibilities
The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the organisation and its incoming resources and application of those resources, including the net income or expenditure for the year. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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make judgments and estimates that are reasonable and prudent.
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going-concern basis unless it is inappropriate to presume that the charitable company will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006 and the Statement of Recommended Practice (SORP 2015) applicable to charities preparing their accounts in accordance with Financial Reporting Statement FRS102 issued on 16 July 2014 and published in September 2015. They are also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
10. Volunteers
The Charity relies entirely on the contributions of unpaid volunteers to carry out its activities but placing a monetary value on their contribution is impractical and cannot be measured reliably for accounting purposes. Therefore, this contribution is not included in the Charity's accounts. Volunteers are engaged in all aspects of the Charity's activities including senior management and training roles. Volunteers receive support from their own sponsors and/or other supporters or may have other sources of income including income from self-employment activities.
The YWAM Radiant London sites have residential accommodation which is used primarily for residential training purposes and for missionaries and interns working in the local community. It is also used as housing for many of the volunteers. Contributions are received in respect of all such use which is included in the accounts as 'housing contributions.
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Youth with A Mission Radiant London
Report of the Trustees (continued) For the year ended 30 September 2022
Reference and Administration
Charity registration no. 1170769 Registered office: 58A St Pancras Way London NW1 0RB
Charity Trustees
Christian Vargas Guidroz Gabriella Leutzinger Joel Lourido Elin Cancelo Secretary: Courtney Mills
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Youth with A Mission Radiant London
Report of the Independent Examiner to the trustees
We report on the accounts of the Charity for the year to 30 September 2022, which are set out on pages 9 to 13.
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(2) of the Charities Act 2013 (the 2013 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2013 Act.
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2013 Act; and
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to state whether matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the 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 you as 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.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2013 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2013 Act have not been met: or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Denise Isaacs FCCA Asaph Solutions Limited 18 Belmont Road Chesham Bucks HP5 2EL
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Youth with A Mission Radiant London
Statement of Financial Activities For the year ended 30 September 2022
Including Income and Expenditure Account
| 2022 | 2021 | ||
|---|---|---|---|
| Note | |||
| £ | £ | ||
| Incoming resources: | |||
| Incoming resources from generated | activities: | ||
| Voluntary income | 3 | 359,277 | 444,795 |
| Other income | - | 1,407 | |
| _ | _ | ||
| TOTAL INCOMING RESOURCES | 359,277 | 446,201 | |
| ====== | ====== | ||
| Resources expended: | 3 | ||
| Charitable activities | 340,893 | 407,873 | |
| Governance costs | 1,000 | 1,200 | |
| _ | _ | ||
| TOTAL RESOURCES EXPENDED | 341,893 | 409,073 | |
| ====== | ====== | ||
| Net incoming/ (outgoing) resources | 17,384 | 37,128 | |
| for the year | |||
| Funds brought forward | 144,344 | 107,216 | |
| _ | _ | ||
| FUNDS CARRIED FORWARD | 161,728 | 144,344 | |
| ====== | ====== |
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Youth with A Mission Radiant London
Balance Sheet As at 30 September 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed Assets | |||||
| Tangible fixed assets | 6 | 4,285 | 5,714 | ||
| Current Assets | |||||
| Debtors | 305 | 17 | |||
| Cash at bank and in hand | 146,887 | 129,422 | |||
| _ | _ | ||||
| 147,192 | 129,439 | ||||
| Creditors: Amounts falling | |||||
| due within one year: | 7 | ||||
| Accruals | 1,000 | 1,200 | |||
| _ | _ | ||||
| Net Current Assets | 146,192 | 128,239 | |||
| Creditors: Amounts falling | |||||
| due after one year | - | - | |||
| _ | _ | ||||
| 150,477 | 133,953 | ||||
| ====== | ====== | ||||
| Reserves: | |||||
| General funds | 133,093 | 96,825 | |||
| Gains/(loss) for the year | 17,384 | 37,128 | |||
| _ | _ | ||||
| 150,477 | 133,953 | ||||
| ====== | ====== |
Approved by the Board of Trustees on date ………………and signed on its behalf by:
Chairman ……………………
Treasurer ……………………
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Youth with A Mission Radiant London
Notes to the accounts
For the year ended 30 September 2022
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention, the Charities Act 2013, the Statement of Recommended Practice (SORP) Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
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 charity and which have not been designated for other purposes.
Incoming Resources
Tithes and offerings are included in the Statement of Financial Activities (SOFA) when received. Other donations receivable is included when the charity becomes entitled to the funds, when the Trustees are reasonably certain that they will receive it and the value can be measured reliably.
Income from tax refunds is included in the financial statements at the same time as the gift to which they relate.
Resources expended.
All expenditure is accounted for on the accruals basis.
Fixed assets and Depreciation
Assets are capitalised if they will be used for more than one year and cost at least £100. Depreciation is provided at the following annual rates, less any residual value, in order to write off each asset over its estimated useful life.
Motor vehicles - 25% reducing balance. Fixtures and fittings - 25% reducing balance.
2. NET (OUTGOING)/INCOMING RESOURCES
The operating (deficit)/ surplus is stated after charging:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Accounting fees | 1,000 | 1,200 |
| Depreciation – owned assets | 1,429 | 1,905 |
| ====== | ====== |
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Youth with A Mission Radiant London
Notes to the Accounts (continued) For the year ended 30 September 2022
3. NET INCOMING RESOURCES
| Hospitality DTS fees Internship fees Staff fees Bones DNA School Fees Chasm Think: Square Sales Fashion Ministry Grants General Funds Radiant Offerings for Speakers Coffee Course Fees Sales Church donations Think Sports ministry NET OUTGOING RESOURCES Foreign outreach UK outreach Professional fees Office Supplies PPS Telephone Publications and Subscriptions Computer costs Building Repair and maintenance Rent, Rates and Council Tax Heat and Light Food Hospitality Repair and Parts Public Transport Motor expenses Building Insurance School Expenses Ministry Equipment costs Gifts to YWAM bases Speaker's travel and honorarium Sports ministry Fashion Think rent, coffee York rents Sundries Hope and Anchor Depreciation GOVERNANCE COSTS Accountancy |
2022 2021 £ £ 4,664 657 81,277 110,852 52,211 21,823 196,558 206,850 1,929 - 13,812 18,681 154 2,258 - 42,115 92 190 500 4,600 601 800 5,315 836 1,400 - - 3,502 - 3,325 303 29,712 463 - |
|---|---|
| 359,277 446,201 |
|
| 226 - 15,572 2,554 450 - 887 298 2,487 4,167 423 4,544 1,578 - 10,964 5,996 206,717 224,359 5,084 7,284 9,630 14,344 9,784 7,202 3,397 511 4,088 2,309 13,426 20,839 1,341 1,727 23,045 13,568 10,887 - 11,567 3,943 454 3,000 311 - 60 - 233 72,427 6,852 - - 1,955 - 14,942 1,429 1,905 |
|
| 340,893 407,874 |
|
| 1,000 1,200 |
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Youth with A Mission Radiant London
Notes to the Accounts (continued) For the year ended 30 September 2022
4. TAXATION
The church is a registered charity and as such no taxation has been provided for in these accounts.
5. TANGIBLE FIXED ASSETS
| Motor vehicles £ COST At 1 October 2021 24,077 ______ At 30 September 2022 24,077 ===== DEPRECIATION At 1 October 2021 18,363 Charge for year 1,429 At 30 September 2022 19,792 ===== NET BOOK VALUE At 30 September 2022 4,285 ===== At 1 October 2021 5,714 ===== 6. DEBTORS 2022 £ Other debtors 305 ===== 7. CREDITORS: Amounts falling due within one year Accrued expenses 1,000 ====== |
Total £ 24,077 ______ 24,077 ===== 18,363 1,429 19,792 ===== 4,285 ===== 5,714 ===== 2021 £ 17 ===== 1,200 ====== |
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