REGISTERED CHARITY- 1188733 GLOBAL FELLOWSHIP OF CHRISTIAN YOUTH TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 GLOBAL FELLOWSHIP OF CHRISTIAN YOUTH Trustees. report Year ended 31 December 2023 REFERENCE DETAILS Reglstered charlty 1188733 pri￿1paI address Felden Lodge, Felden lane. Hemel Hempstead. HertfOrdshI￿ HP3 OBL GOVERNANCE DEfAILS Trustees Kamphats Botha David Martin Margaret Pang Kharepm Perry Kim Koch Rasmussen Zambia United Kingdorn United Kingdom Trinidad Denmark General Manager Bill Stevenson Treasurer Davld Martin Independent Examlner Paul Wright FCA OChA Sheen Stickland, 7 East Pallant. Chichester, West Sussex P019 ITR Investment Manager CCW l Angel Lane. London EC4R 3AB Bank Bank of Scotland. 26 Colquhoun Street, Helensburgh, G84 8AP GLOBAL FELLOWSHIP OF CHRlSllAN YOUTh Trurtees, report Year ended 31 December 2023 The Trustees present their report with the financial accounts of the Charty for the year ended 31 De￿rnber 2023. TRUCTURE GOVERNANCE A DMA Governing document The Charity is a charitable incorporated organisation which is governed by its constitution. It has been registered with the Charity Commission since 24 March 2020. It is the successor charity to an unincorporated organisation of the same name with heritage dating back to 1%3. The Charity 15 called Global Fellowship of Christian Youth and was forrnerly the World Conference of The Boys, Brigade. The Charity operate5 as the Global Fellowship of The Boys, Brigade and other Christian organisations. Organisatlonal strurture The Charity's Council meets every three years, or more often if requested to do so by not les5 than five member organisitions. The most recent Countil meeting took place in Uganda in August 2022. The next one will be held in Ghana in August 2025. The Charity co-operates closely with its members who are autonomous and Corresponds with ndividual Eroups and unlts only with the knowledge and consent of the Members whith are the national bodv. Recruitrnent, appolntment, indu¢t5on and trainlry of new Irustees The Executive Committee is the trustee board of the Charity. They areelecte(J atcouncil in accordance with the Constitution from amongst the representative5 of members attending the Council meeting. The Executive Committee may co-opt additional members where the need arises. New trustees are brlefed on their election and re￿1ve an inductlon pack deslgned to assist them perfom their dutie5, including copies of the Constitution, recent financial information, policv documents, Executive Committee Tninvtes and Charity Commission publications. Risk management The £xecutive Committee has a duty to identlfy and review the risks to which the Charlty is exposed and to ensure that appropriate controls are in place to prowde ￿aSonable assurance against fraud and error. The Exec(rtNe Committee has examined the major risks which the Charlty faces. It has established system5 to enable regular report5 to be produced whereby reasonable and prudent Steps can be taken to mitigate exposure. OBJEcnvES AND ACTIVITIES Oblections and aims The Charity is a global network whose purpose 15 the advancement ofchrisvs Kingdom, the promotion of education and relief of poverty amongst the youth of the world by serving and supporting member organisations. Its current objectives are identified within the Executive Committee's Strategic Plan which is available on the ChariWs website. GLOBAL FEILOWSHIP OF CIIRlSllAN YOUTh Trustees, report Year ended 31 December 2023 Volunteers The Executive Committee members are the trustees of the Charity and give their time free of charge. Although oul of pocket expenses where reasonably incurred are reimbursed, some Executive Committee members a￿ supported by their member organisatK)n with cost and travel support or through personal means. During the year, Kamphata Botha {Z3mbial. Margaret Pan6 IUKI, Khareem Perry (Trinidadl and Kim Koch Rasrnu5sen IDenmark) served as trustees on the Executive Committee. David Martin IUKI continued to serve as Treasurer and Trustee. The Charity is pleased to now have its own Young Leaders Group chaired by XayinEa Brolyn from Uganda. suc￿5510￿ planning is key to future success and as well as planning various event5. The YL 8roup has kept the Charity focused on the important 18-30-year-old age group. The Charity also bènefits from several volunteers who willingty grve of their time without charge. Where claimed. reasonable travel expenses are paid. ACHIEVEMENTS AND PERFORMANCE Public benellt and charltsble artlvltles The Executive Committee has complied wth the requirements in Settion 17 Charities Act 2011 and has had due regard to the public benefit guidance published by the Charity Commission and confirm Ihat it complies in all respects. In the year under review, the Charity has sought to further it5 charitable purposes for the public benefit by continulng Its èfforts to encourage member organisaiions to develop their own capacity and self-sufficiencyi membership growth and leadership tralnin& It wa5 90 encouraging to see members activities retuming to normal afterthe pandemio At this stage, il is still too early to judge the overall effect of COVID on the network. Whilst it appears that some members have seen an overall reduction in actrvitie5. it is pleasingtowitness amazing growth in many othpr member countries. During the year, the General Manager and the African Development Manager have contlnued to 5UPPOrt development work across the globe. In Africa, focus has been maintained on assisting DR Congo, Malawl. Sierra Leone, Tanzania antl Zimbabwe. The Charitywas deliBhted that pllotcompanies have now been set up in Ethiopia and new work continues wtth Churche5 in Pakistan. Furthermore, progress has been made in re-starting Regional Fellowship meelings in Africa. In October, the Chartty co-hostèd a Virtual Founders Day Event along with BB Malaysia and 8B Australia. Also, there was a joint Executive Committee meeting with colleagues on the BB Asia Executive Committee. The Charity has continued to partner with the International Duke of Edinburgh award and see a number of members introduce The Award into their national programmes. The Executive Committee recognise that more fundraising work needs to be done and the ChristmasAppeal helped to raise some valuable funds for the organisation. GF Week took place in May in the run up to Pentecost and again appeared to be a great way to raise awareness of our work. A daily prayer slot on the theme of "It's God's World" was broadcast via Social media. Each day, a different worship slot was broadcast and music Mdeos from across the world were GLOBAL FELLOWSHIP OF CHRISTIAN YOUTh Trustees, report Year ended 31 December 2023 als¢ shared. This year, group5 were encouraged to get Snvow in tidying up land in their own area or doing a beach clean. It was encouraging to s@e so many groups responding positively to this. The content was widely shared via s￿la1 media and proved to be a good way to Inc￿aSe the profile ofthe Charitv. With travel returning to ntsrmal, the General Manager wa5 able to resume face to face meetings with members. Early in the year, he travelled to the Caribbean Region and was able to Visit the Brigade in Trinidad. Jamaica and the Bahamas. Everyone involved agreed that there Is still scope to gTOW the Brigade further in that area. Au8USt saw Bill Stevenson in Nigeria. Ghana. Rwanda and Uganda. As well as visiting BB groups, he was also able to meet with church leaders, politicians and senior government officials including Hi5 Excellency The WKe-President of Ghana. Bill wa5 also able to meet with leader5 in The Boys. and Girfs, Brigade Canada. In November, Bill travelled to Kuala Lumpur to participate in the very successful BB Asia Conference and AGM event. The Africa Development Manager also managed to visit Ethiopia and South Africa. The networking and individual contacts made durtng these visits have proved vital in building relationships across the network. The Charity continued to support Young Leaders work throughout the year. The Charrfs Young Leader ne￿ork continues to meet on a regular basis and now has good representation across most of the Members. In July. 5UPPOrt was given to two young leaders from the Bahamas to attend the prestigious KGVI Leadership Course organised at Carronvale House in the UK. As well as attending the course, Shane and Joanel had a full programme of visits across Scotland including attending the Edinburgh Internatlonal Tattoo. Morten Sigaard and Nadia Aron Pllgaard from the FDF in Denmark represented the Fellowship at the UN'S COP28 climate change conference in Dubai. They both 3Ereed it was a tremendous experience being at COP and being able to art as ambassadors for Global Fellowship at such a high-level and important event. The Executive Committee met rn person in Edinburgh in June and on other occasions during the year via Zoorn. Good progress has been made on implementing the three-year development plan which was agreed at the 2023 Council meeting. Over the year, it was EO(MJ to see a Ma￿ed increase in the number of followers using soclal media. There was abo an increase in the readership of monthly newsletters. Under the Chairmanship of Kamphata Botha from BB Zambta, Exco are committed to ensurlng that trustees and the staff team do their utmost to support Member Organisations. The ExecutNe Committee are very grateful to the dedicated and faithlul supporters who regularly donate financialty to support the Charitvs work. Thanks also go to the many thousands of Offl￿- bearers, staff members and leaders in member organisations who do so much on a weekly basis to maintain the work of the Brigade across the world. Thanks also go to the trustees and small stsff team. FINANCIAL REVIEW Financlal a¢tl¥ltles The Charity has prepared its accounts using the receipts and payments basis as prescribed by the Charity Commission. Given the level of income. an independent examination 15 commissioned on an annual ba51S. This is the secon(l year of the Charity operating in its charitable incorporated organi5ation status. GLOBAL FELLOWSHIP OF CHRisfiAN YOUTH Trustees. report Year ended 31 December 2023 The Charitrfs unrestricted income on ordinary attNities was £34,512, against which E57.823 was expndèd. £1S,CM)O of Investments were sold durin@ the year to fund day to day expenditure. More will need io be sold in early 2024 to maintsin working capital. It is pleasing to note that more member organisations are now contributing subscription fees. This 15 welcome. The ExecutNe Committee's poliry remains that grants or financial support will only be made to Member organisations who have contributed subscriptions and rnembership information. The Charity is very grateful to its donors in supporting the work of Global Fellov4ship. The Charity wlshes to extend its indivi(lual donor base during 2024. 85 well as attratt further trust funding. Investment perfomiance The ExecutNe Committee's investment strategy is to hold its investment fund in an established charitable investment fund. CCLA Investment Management undertake this Ltsing their Ethical Investment Fund. The Charity's investments are held as income generating units. The Investment Fund returned £21,10312022: £21.1581 of income. Although £15,CQO of investment units were sold during the year to fund operation5. the dividend remained stable. The Executive Committee is pleased with investment performance which is consistent with general charity sector investment trends. The capital performance of the investmerrt fund rose on an unrealised basls incorporating stock market improvements in the second half of the year. Investment pollcy The Charity's investment policy 15 aimed at maintaining the real value of the portfolio and generating a reasonable level of income to SUPPOrt its operational strategy. The Executive Committee undertook its periodic investment strategy review in November2023 andthe continued used of pooled charitable investment funds was agreed. ReseNes pollcy The Executive Committee has adopted a reserves policy which recognised that its investment income and suitable use of its portfolio is essential for funding its activities. The Charivs medium to long temi aim is to sustainably depkjy its reseryes in assisting member organi5ations to become 5elf-su5tsining and tapable of supportirg their local work, as well as the international aspects of the Global Fellowship. The Chaflty has no long term or significant liabilities. As a result, it is a Eoing toncem which has èccess to the necessary funds to cope with emergencies and contingenoes. FUTURE OEVELOPMENTS The Charity looks forward to dellvering its three-year Strategic Plan and to holding the next Triennial Council in 2025. It 15 also hoped to introduce The Boys. Brigade to a number of new countries, and to also host the first Young Leader5 event in many years. The Charity is committed to increasing international connections and ensuring that all members are aware that they are part of the worldwide BB family. Since Its foundation in 1883 by Sir William Alexander Smith, the Brigade has played a key part in a5SiSting the mission of local churche5. Thi5 year, it has been pleasing to See even more Church denominations introduce the BB programme into the life of their thurches. Member organisations GLOBAI FELLOWSHIP OF CHRISTIAN YOIJTM Trustees, report Year ended 31 DEcember 21r23 continue to wovide first ckiss progr3mme5 and Wp point young people towards the Gwd News of the Gospel. The Charlty looks forward to Seei￿ what it can do to ¢onllnue sUPPOrt and develop its Members in over 70 countries wtho now work with over I million membe Thls report was approved by rhe Executi￿ Cornmittee of Trustees on 28 April 2024 and slgned on Its behalf. /z(.I Kamphata Botha Trustee and Chair of Executive Committee GLOBAL FELLOWSHIP OF CIiR15TIAN Yoiml Independent EJ(amlnerfs report to the Trustees Year ended 31 December 2023 I report to the charlty trustees on my examinauon of the accounts of Gkibal Fellowship of Christian Youth I'Charit*l for the year ended 31 December 2023. Re5ponslbllltles and basis of report As the charity trustees of the Chartty. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'the Art'l. I report in respett of my examination of the Charity's accounts carried out under sertion 145 of the Act and, in carrying out my examination, I have followed all applicable Directlons given by the Charlty Commissiori under section 14515llbl of the Act. Independent examinerf5 Statement I have comp5eted my examination. I confirm that no material matters have come to my attention in connection with the examination giving me c3U5e to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the Act- or the accounts do I￿t accord with those records- or the accounts do rK)t comply with the applicable requirements conceming 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 examlnation. I confimi that there are no other matter5 to which your attention should be drawn to enable a proper dins of the accounls to be reached. Paul right FCA DChA Sheen Stickland 7 East Pallant Chichester West Sussex P019 ITR Date- GLOBAL FELLOWSHIP OF CHRISTIAN YOLrrH Accounts Year ended 31 December 2023 RECEIPT5 AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Urwe5tr1cted Restrkted Endwment funds nts fvnd5 Tut•l 2023 T￿al 2022 RECEIPTS VoluFfftry kncome Donations 8A36 8836 6.628 Glft id Investment Incoffle Dhrfdend income 20.111 992 2LIO3 2L158 Intome from (harttable ¢tiv1￿È1 General incorne Total Income 5,965 12,609 40,395 34.512 992 In¥estmentsale5 15.1 Total recelpts 49,512 991 So￿¢ 40J95 PAYMENTS Cost of raIsI￿ futsds Staff/establi5hment costs 3.370 3J70 1851 Chadtableactl¥ltlÈs Staff/estabIlshff￿Trt costs In￿Sting in Oreanlsations Markering 23.591 15.697 636 554 35,104 371 2,213 17,910 Trustee meeting5 Slaff}est3bli5hrnEnt co￿$ Independentexominauon S.926 1.685 5,926 L685 JO.208 1325 1.020 Supwt CQ5ts Stafflestablishrnent costs Insurance Barlt charges s￿56 437 345 60,036 3.976 517 610 74.136 437 345 2213 Investment purthases Total expendlture S7￿ 2,113 fj0,036 74336 Net re￿[Pts1(￿lv￿Ents> 183111 122131 992 ¢9sni 133,9411 Trarthrs 992 19)21 Cash broutht forwayd 21218 61,799 Ca$h carritd fonvard 13099 4.4Z7 18326 27J58 GLOBAL FELLOWSHIP OF CHRISTIAN YOUTH Accounts Year ended 31 December2023 srATEME SEfs AND LIA81Lm AS AT 31 DECEM8ER 2023 Totsl Total 2022 CASH ASSÉIS nk of koiiand rotal. 13.899 13m 4.427 4427 18,326 18,126 27.858 17,85B ASSETS morrie5d￿@totharlty Totsl-otherwets LIAgiimES Accowts the Total- fiabnttie5 INVESTMEIIT5 Market value Totsl- In¥esThrt5 695.407 695,407 34,296 34396 7J,703 729.703 679,036 679,036 TOTAL FUNDS 4N17 J4296 .894 The accounts were approved by the Trustee P4)ard on 28 April 2024 and 518ned on Its behalf by.. Kamphata Botha Trustee and Chalmian David Martin Trustee and TreasU￿r io GLOBAL FELLOWSHIP OF CHRisllAN YoiwfH Accounts Year ended 31 December 2023 NOTE5 TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 As at l Jarrtwry Asat31 December 2023 2023 Netcash Galnsl Ilos5e51 Transfers UNRESTRimD FUNDS Cash Debtors 21218 1&3111 992 13A Investments 647.121 668.339 115,IrKJI 123.1111 63,286 695.407 Y09.306 YY2 RESTRicfED FUNDS Re8ion41 funds Malawi fund KIICMF 17031 11.5101 112131 5,937 4A17 4A27 ENtbOWMENT FUNDS Dennis Webbfund 31,915 31.915 Y92 2.381 2.381 19921 1992 34296 34296 TOTAL FUP4DS 1215321 65.667 744029 li