YOUTHWORKPLUS
FINANCIAL STATEMENTS
For the year ended 31[st] March 2023
Registered Charity Number 1196622
YOUTHWORKPLUS
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details | 3 |
| Annual Report | 4 |
| Statement of Financial Activities | 5 |
| Notes to the Financial Statements | 7 |
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YOUTHWORKPLUS
REFERENCE AND ADMINISTRATIVE DETAILS
NAME YOUTHWORKPLUS
c/o Janet Nelsey 3 Longleat Court, Great Holm Milton Keynes MK8 9HD
ADDRESS c/o Janet Nelsey 3 Longleat Court, Great Holm Milton Keynes MK8 9HD EMAIL youthworkplusmk@gmail.com WEBSITE https://youthworkplus.com/ Trustees Bex Jignasu Ruth Lockwood Daniel Jolliffe Janet Nelsey
Principal Bankers Lloyds Bank,
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ANNUAL REPORT AND ACCOUNTS OF YOUTHWORKPLUS FOR THE YEAR ENDED 31[st] MARCH 2023
Objectives and Activities
To encourage and strengthen existing youth and children’s ministry. To inspire and cultivate opportunities for new work with the 95% of children and youth not yet connected to churches. Supporting these ministries to see more young lives transformed.
Youthwork+ is set up to champion work with youth and children and to help support both volunteers and paid workers here in Milton Keynes and beyond.
From our own experience youth and children’s work can be hard, it can be a struggle to know how to begin, draining, lonely, and tough to keep coming up with fresh ideas.
On the other hand, we know we really thrive when we feel connected & encouraged, this is where we hope Youthwork+ can really help.
Youthwork+ Trustee Meetings
The Trustees met eleven times during this period via Zoom, with an average attendance of 80%.
Achievements and Performance
Work has continued with the necessary policies and procedures required for us to be a Registered Charity. Our main achievements over this reporting period have been:
Creation and launch of a website and media streams. On the website we post biweekly reviews of recommended resources. To help children and youth workers leaders with ideas and provide a space for people to share ideas and things that work in children’s and youth ministry. During this period, we created 90 youth and children's resources reviews
We created a map that shows where children and youth work is happening across Milton Keynes and beyond. The hope is that this would encourage people to work together with their neighbours to do children’s and youth work in their churches and communities and also, to enable us to see where there are gaps in provision.
We have a monthly podcast where we discuss youth and children’s work topics. Monthly podcasts available on YouTube apple and Spotify. In this period, we have produced 16 youth and children’s work podcasts, with 1050 podcast listens.
We run networks to encourage and support Youth and children’s leaders. One here in Milton Keynes, and a national one online.
In collaboration with another organisation, we ran a day retreat for children’s aand youth leaders. We have set up and are engaging with 40 Connections with churches charities and projects in Milton Keynes. And have 55 Connections with churches and charities and projects beyond Milton Keynes. We ran a resource event for the children’s and youth workers across Milton Keynes
We have been able to do the above on limited resources. We currently have funds to pay a worker for six hours a week. This was enabled by a diocesan grant that is now coming to an end. We have a handful of small regular givers as well as a couple of donations from one local church.
Safeguarding
All our Trustees hold Enhanced DBS Certificates.
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Financial Review
We have been immensely grateful for all the Giving received that has enabled us to carry out this work. We have nine monthly donations, and ad hoc giving from local churches.
Our Expenditure is tightly controlled and covers the Salary and Training costs.
Reserves policy
It is good practice to maintain a balance on unrestricted funds (if possible), which equates to approximately three months unrestricted payments, about £1,200 to cover emergency situations that may arise from time to time. The balance of £2,200.
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YOUTHWORK PLUS SUMMARY PROFIT AND LOSS ACCOUNT 31-1ts-23 1741oY-21 31-Mar43 8UDGET 3141ar-23 Variance 31-Mar-23 BUDGET 314Iar-24 INCOME Regular Gr¥irvJ - GA Re9ul3r GIn9 - not GA Ad Giwng - GA Ad Hc Grwng - not GA Church Cknatbon5 Diocesan Grant Gift Aid Received Tr31nirvJ Oonations 300.DJ 1.758.C 1.758.C4J 900 900 300 1.008 2,730 -WO.C 500 Crf) 2.000. 0.321.C¥) 200C 992.C<S 3.585.C<l 000 597C 1200 403 C<$ Tal 11.470.DJ 8.144 5.332.C 2.2H EXPEIIDITURE 7.113.LKI 137.OJ 131.C 888C 3.880 120 132 3.453. 17.IX> 3.780 300 120 120 Conferences & Events In5uraiK Webst Zotyn Saleguardin9 Administration Rexurces Bank Charys e88 CIJ 43.C 431. 784.C¥) 17.C<l eo 380 000 12 -17.C(J 71.C4) 184.C<l 12 240 Total 4.380. 4.552 SURPLUSJ LOSS BALANCE SHEET CURRENT ASSETS Debtors Uoyds Bank 2.342 C() CURRENT LIABILMES cdrt(s -130.C Total Assets 2.212.C Reserves Brought Down Reserve5 CurTent Year Resènfes Carried For*3rd 2.?12.C 2.212.N) Totsl Liabilitiès 2.212.C Registered ch Number 1196622 617
YOUTHWORKPLUS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2023
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP FRSSE 2015.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which WVEP is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.
Incoming Resources
Planned Giving, collections and donations are recognised when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised.
Unrestricted Funds
These are general funds which can be used for ordinary purposes.
Designated funds
No Funds have been set aside by the Trustees, out of unrestricted funds for specific future purposes.
Resources expended
Resources expended are accounted for on an accruals basis.
2. ENDOWMENT FUNDS
There are no Endowments.
3. REMUNERATION
None of the Trustees have been paid any remuneration or received any other benefits from an employment with the Charity, or a related entity, and the Trustees have claimed no expenses for the performance of their duties.
There have been no related party transactions during the year that require disclosure. There is one paid employee, Director and Founder for responsible for Youthwork.
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