Annual Report and Financial Statements
for the Year Ended 31 August 2022
## Youth With A Mission Holmsted Ministries
Charity registration number: 1184255
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **CONTENTS (CONTINUED)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 to 16|
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Trustees**
Laura Mudd Emmanuel Entee Raphael Hartmann Rachel Burnet Stephen Bishop Alexandra Allen Bruce Goodwin (appointed 27 June 2022)
**Charity Registration** 1184255 **Number**
**Principal Office** Holmsted Manor Staplefield Road Cuckfield West Sussex RH17 5JF **Independent Examiner** G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF **Bankers** CAF Bank Ltd 25 Kings Hill Kings Hill West Malling Kent ME19 4JQ
Page 1
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2022.
## **Structure, governance and management**
## _**Nature of governing document**_
Youth With A Mission Homsted Ministries is a registered charity, number 1184255, and is established as a Charitable Incorporated Organisation under a constitution dated 4 July 2019.
## _**Recruitment and appointment of trustees**_
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution.
## _**Risk management**_
The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Objectives and activities**
## _**Objects and aims**_
The objects of the charity are:
• To advance the Christian faith worldwide by, but not exclusively by, teaching of the Bible, worship and praise, evangelism, study, prayer, children and youth work and community service;
• To relieve poverty both in the UK and overseas by any means such as acts of service, gifts, donations, contributions, loans and advances with or without interest;
• To fulfil such other purposes which are exclusively charitable according to the law of Engalnd and Wales and are connected to the chaitable work of the charity as the trustees from time to time shall determine.
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
## _**Review of activities**_
This annual report for the charity is a combination of three reports reflecting the three main areas of YWAM Holmsted Ministries: Holmsted Manor, Crossover and YWAM in Thanet.
This report reflects some of the activities and ministries that these three areas are involved with and run regularly, a combination of internal YWAM training and collaboration with other ministries, churches and charities.
Page 2
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT (CONTINUED)**
With the removal of Covid-19 related restrictions, we are now actively engaged in all the activities that we were involved with before the pandemic.
## _**Holmsted Manor**_
Since October 2021 we have been able to function both effectively and freely, however Covid disrupted outreach and staff participation between January and April, we are so glad restrictions have been lifted!
As is usual within our YWAM context people have moved on and other staff have arrived, our full time staff team is currently 20, with some departures scheduled.
The Sept 2021 DTS ran with 12 trainees, and the outreach portion of the DTS served in Northern Ireland, Greece, Italy, Germany and France. One trainee is planning to return in January 2023.
In April we ran our first Bible Core Course (BCC) with six trainees, four of whom had previously done their DTS at Holmsted, one current staff member and one YWAMer who was in transition to staff SBS in Canada. The next school will run in April 2023.
In July we ran the School of Ministry Development (SoMD) with six trainees (originally planned for eight but some visa applications took longer than expected and people couldn’t get here). The school had a week of practical application in Hereford where we partnered with Rev Erin Butler (former Holmsted Manor staff member), working for the diocese of Hereford. Next year the SoMD will run alongside the September DTS providing trainees with the opportunity to work alongside with the DTS strengthening their training as well as the skills in the outreach team blessing the ministry expressions they serve.
We are thrilled to have found a school leader for the Foundations in Counselling Ministry in January 2023, and have already accepted five trainees for the lecture phase of the course.
As Covid restrictions were lifted it has been easier to reach out within our local community and we have continued to maintain and strengthen our local connections, partnering with local churches, Love Your Neighbour, Crawley and prayer-walking in local towns and villages.
The use of the Coach House is gradually increasing as churches are returning to gather away from home for retreats and small conferences.
In May the Area Circle Team (our YWAM region of Wales, Ireland, Scotland and England) gathered at the YWAM centre in Harpenden, to celebrate 50 years of YWAM in England, honouring Lynn and Marti Green for their service as well as enjoying teaching, prayer and fellowship together which all from Holmsted Manor attended.
We’ve had several “Community Days” (our YWAM Holmsted Ministries and/or Holmsted Manor retreats), with a few speakers invited to challenge us in our thinking and priorities, including Alejandro and Marta Rodriguez (Argentina), Rev Steve Burston (Crawley) and a community teaching week in early September with Emmanuel Entee (YWAM Mosaic, Luton). It was enriching for us to have input from outside our community.
Page 3
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT (CONTINUED)**
More recently we are noticing a growing passion within our community for prayer and worship and a commitment to intercede for God to move across the nations, reflected in a number of spontaneous and semi-regular activities.
Despite the continual transition of people coming and going, we have been able to maintain the site, both grounds and buildings.
A new oven has transformed the time taken to cook a roast and the upgraded dishwasher has meant more efficient cleanup!
We remain hopeful that the God we serve will continue to sustain us through the next year and will be faithful to help us continue the work here, in all areas.
We are believing the Lord for growth and believe he is doing something new with us.
## _**Crossover**_
Over the past year the Crossover Brighton Charity has faced the increasing cost of fuel and food and demand on its service as well. We continued serving our two weekly breakfasts and had one weekend day reach 62 guests in a single service; the largest amount since the pandemic. On top of these normal services, Crossover was able to partner and support the work of Safe Haven at St Peter’s church in Brighton by helping to cover one of the three drop-ins they run during the week in their summer break. In the month of August, Crossover served an additional 300 meals to guests.
Overall, our averages remain steady of around 80-90 total guests per weekend with around 60 unique individuals. Over the past twelve months with the addition of August specials meals we served approximately 4500 meals to the vulnerable community in Brighton.
Guests we haven’t seen in several years have returned as they feel the financial crunch. The feedback and atmosphere at morning services has been superb, with guests expressing regular gratitude for us being there and describing us as one of their favourite services to come to. There will be a further increase in demand for the service, as Brighton and Hove have seen a 10 fold increase in rough sleepers since January.
We are pleased that we have one more year on our three-year grant with YAPP, covering the majority of our fuel costs starting in November. Further to that, we have received funding for an additional three months’ core costs from Brighton and Hove council and have three other grant applications pending approval, two of which we have received previously in 2020. This should provide funding well into 2023.
## _**YWAM in Thanet**_
It’s been a year of many changes and much growth.
We are now a team of 3 full-time YWAMers with Ashley having joined in July 2022 (min. of 2 years).
For one month we have had a ministry hub, a small place to work and meet, at the Tehilla House of Prayer in Margate.
Page 4
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT (CONTINUED)**
## _Ministries_
Gather (launched April ‘22) a safe place for women to find hope & community.
A community of 16 guests and volunteers.
We received a grant of £8,200 to specifically enable us to run a specialist volunteer training program.
_ESOL Thanet YWAM (launched May ‘22)_
Free English classes aimed at refugees.
We have 9 learners, from 5 countries, attending 3 times a week.
We also partner with the host church to run a “Conversation Cafe”.
Ramsgate Sailors Church - we are still working with the trustees to plan outreach at Christmas and in the summer.
We continue to have other partnerships within Thanet:
Intercession, prayer & worship - partnering with Burn 24-7 Thanet and Tehilla Prayer House.
We hope to run a ministry time for the local church leaders together with Ephipany Music.
Beulah (Holmsted team member in Thanet branch) is a Thanet Community Pastor.
Lucy (Holmsted team member in Thanet branch) is no longer Chair of Thanet Churches Open Christmas.
We all attend a local church.
## _**Serving within YWAM England**_
Facilitating DTS debrief of YWAM Cambridge Feb/Mar ‘22 - (Beulah & Lucy)
Serving as Secretary to the Board of YWAM England (Lucy)
Ongoing connections within YWAM Holmsted Ministries:
Teaching on September DTS (Lucy)
Attending September Holmsted Ministries Community Days (Beulah & Lucy)
Hosting Mission Adventures outreach, July 2022
Page 5
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT (CONTINUED)**
## _**Other outreach activities**_
This summer we drove to Poland and Ukraine. Ashley, Beulah & Lucy provided hospitality to YWAM Ukraine missionaries having respite in Krakow. Peter served with YWAM Rzeszow at the refugee centres (in Poland & Ukraine) by doing children's work, mercy ministry, leading worship.
## **Financial review**
Income for the year amounted to £202,471 (2021 - £178,940) and expenditure £178,198 (2021 - £150,519). The surplus was added to funds brought forward leaving an unrestricted fund balance of £113,179 at the year end.
## _**Going concern**_
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
## _**Policy on reserves**_
Our aim is to hold a reserve of £10,000. The Trustees consider that reserves at this level will ensure that in a time of crisis we will be able to fulfill our financial obligations with enough time to recover financially or reduce our monthly obligations.
Page 6
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **TRUSTEES' REPORT (CONTINUED)**
## **Statement of Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity 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 estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on 13 June 2023 and signed on its behalf by:
......................................... Stephen Bishop Trustee
Page 7
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUTH WITH A MISSION HOLMSTED MINISTRIES**
I report to the trustees on my examination of the accounts of Youth With A Mission Holmsted Ministries for the year ended 31 August 2022.
## **Responsibilities and basis of report**
As the charity trustees of Youth With A Mission Holmsted Ministries you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Youth With A Mission Holmsted Ministries's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of Youth With A Mission Holmsted Ministries as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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 no concerns and 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.
...................................... G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
13 June 2023
Page 8
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022**
|**Note**
**Unrestricted**
**funds**
**£**
**Income and Endowments from:**
Donations and legacies
2
6,730
Charitable activities
3
190,846
Total income
197,576
**Expenditure on:**
Charitable activities
4
172,949
Total expenditure
172,949
Net
income/(expenditure)
24,627
Net movement in funds
24,627
**Reconciliation of funds**
Total funds brought
forward
87,871
Total funds carried
forward
8
112,498|**Restricted**
**funds**
**£**
2,473
2,421
4,894
5,249
5,249
(355)
(355)
1,659
1,304|**Total**
**2022**
**£**
9,203
193,267
202,470
178,198
178,198
24,272
24,272
89,530
113,802|**Total**
**2021**
**£**
6,021
172,918|
|---|---|---|---|
||||178,939|
||||150,519|
||||150,519|
||||28,420|
||||28,420
61,109|
||||89,529|
The notes on pages 11 to 16 form an integral part of these financial statements. Page 9
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **BALANCE SHEET AS AT 31 AUGUST 2022**
|**Note**
**Current assets**
Debtors
6
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
7
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
8|**2022**
**£**
13,046
108,849
121,895
(8,093)
113,802
1,304
112,498
113,802|**2021**
**£**
7,033
89,769|
|---|---|---|
|||96,802
(7,273)|
|||89,529|
|||1,659
87,870|
|||89,529|
The financial statements on pages 9 to 16 were approved by the trustees, and authorised for issue on 13 June 2023 and signed on their behalf by:
......................................... Stephen Bishop Trustee
The notes on pages 11 to 16 form an integral part of these financial statements. Page 10
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **1 Accounting policies**
## **Statement of compliance**
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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Youth With A Mission Holmsted Ministries meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Page 11
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 (CONTINUED)**
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **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.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Liabilities**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations|**Unrestricted**
**funds**
**General**
**£**
6,730
6,730|**Restricted**
**funds**
**£**
2,473
2,473|**Total**
**2022**
**£**
9,203
9,203|**Total**
**2021**
**£**
6,021|
|---|---|---|---|---|
|||||6,021|
Page 12
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 (CONTINUED)**
## **3 Income from charitable activities**
|Training income
Hospitality and facility hire
Ministries
Operational
Contribution to expenses
Reimbursement of
expenses
Other income
Sales|**Unrestricted**
**funds**
**General**
**£**
64,823
12,540
2,043
3,967
68,837
16,521
21,490
625
190,846|**Restricted**
**funds**
**£**
-
-
1,754
667
-
-
-
-
2,421|**Total**
**2022**
**£**
64,823
12,540
3,797
4,634
68,837
16,521
21,490
625
193,267|**Total**
**2021**
**£**
45,810
8,348
949
3,763
71,885
13,761
27,082
1,320|
|---|---|---|---|---|
|||||172,918|
## **4 Expenditure on charitable activities**
|Building and ground
maintenance
Utilities
Training
Household and hospitality
Ministry and outreach
Vehicle costs
Operational
Equipment
Professional services
Insurance
Communication
Reimbursable expenses
Gifts given
Sundry
Independent examination|**Unrestricted**
**funds**
**General**
**£**
11,975
50,277
25,501
28,495
1,917
7,050
3,092
5,401
6,435
9,306
2,076
16,335
567
3,562
960
172,949|**Restricted**
**funds**
**£**
-
-
-
208
1,533
-
-
-
-
-
-
-
3,508
-
-
5,249|**Total**
**2022**
**£**
11,975
50,277
25,501
28,703
3,450
7,050
3,092
5,401
6,435
9,306
2,076
16,335
4,075
3,562
960
178,198|**Total**
**2021**
**£**
11,711
44,711
9,694
25,682
1,959
7,430
1,156
4,995
7,550
9,571
2,196
14,722
3,325
4,857
960|
|---|---|---|---|---|
|||||150,519|
Page 13
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 (CONTINUED)**
## **5 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
2 trustees received honoraria amounting to £250 in the current year (2021 - 2 trustees £320).
The only other payments made to the trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.
## **6 Debtors**
|Trade debtors|**2022**
**£**
13,046|**2021**
**£**
7,033|
|---|---|---|
## **7 Creditors: amounts falling due within one year**
|Trade creditors
Accruals|**2022**
**£**
7,133
960
8,093|**2021**
**£**
6,313
960|
|---|---|---|
|||7,273|
Page 14
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 (CONTINUED)**
## **8 Funds**
|**8 Funds**||||||
|---|---|---|---|---|---|
||**Balance at**|||||
||**1**||||**Balance at**|
||**September**|**Incoming**|**Resources**||**31 August**|
||**2021**|**resources**||**expended**|**2022**|
||**£**|**£**||**£**|**£**|
|**Unrestricted funds**||||||
|**_General_**||||||
|General Funds|87,871|197,576||(172,949)|112,498|
|**Restricted funds**||||||
|Specific gifts|1,299|4,894||(5,249)|944|
|Lodgehouse|360|-||-|360|
||1,659|4,894||(5,249)|1,304|
|**Total funds**|89,530|202,470||(178,198)|113,802|
|**Restricted funds**||||||
|Specific gifts represent donations received for specific workers||||or ministries.||
|The Lodgehouse fund is for the purchase of the building.||||||
||**Balance at**|||||
||**1**||||**Balance at**|
||**September**|**Incoming**|**Resources**||**31 August**|
||**2020**|**resources**||**expended**|**2021**|
||**£**|**£**||**£**|**£**|
|**Unrestricted funds**||||||
|**_General_**||||||
|General Funds|59,599|174,825||(146,554)|87,870|
|**Restricted funds**||||||
|Specific gifts|-|4,114||(2,815)|1,299|
|Dishwasher|1,150|-||(1,150)|-|
|Lodgehouse|360|-||-|360|
||1,510|4,114||(3,965)|1,659|
|**Total funds**|61,109|178,939||(150,519)|89,529|
Page 15
## **YOUTH WITH A MISSION HOLMSTED MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 (CONTINUED)**
## **9 Analysis of net assets between funds**
|**9 Analysis of net assets between funds**||||
|---|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
120,591
(8,092)
112,499
**Unrestricted**
**funds**
**General**
**£**
95,143
(7,272)
87,871|**Restricted**
**funds**
**£**
1,304
-
1,304
**Restricted**
**funds**
**£**
1,659
-
1,659|**Total funds**
**at 31**
**August**
**2022**
**£**
121,895
(8,092)|
||||113,803|
||||**Total funds**
**at 31**
**August**
**2021**
**£**
96,802
(7,272)|
||||89,530|
Page 16