| SORP | ||
|---|---|---|
| reference | ||
| Summary of the purposes of the | Para 1.17 | To advance the Christian faith for the beneft of young people |
| charity as set out in its governing | in accordance with the statement of faith appearing in appendix1 throughout the world and in particular (but without |
|
| document | prejudice to the generality of the foregoing) in Bangor and its lenvirons. |
|
| Summary of the main activities | Para 1.17 and | During this reporting period, the charity focused on |
| in relation to those purposes for | 1.19 | establishing its foundations to deliver benefts to young people in the community. Activities included: |
| the public beneft, in particular, | ||
| the activities, projects or services | -- Setting up governance structures, including appointing trusteesand establishing fnancial systems |
|
| identifed in the aCCounts. | -- Securing initial funding from 3 locál church communities -Hiring for the position of Pioneering Centre Director |
|
| Statement confrming whether the | Para 1.18 | All Trustees have had regard to the guidance issued by the |
| trustees have had regard to the | Charity Commission on public beneft. | |
| guidance issued by the Charity | ||
| Commission on public beneft |
| SORP | ||
|---|---|---|
| reference | ||
| Policy on grant making | Para 1.38 | |
| NIA | ||
| Policy on social investment including | Para 1.38 | |
| program related investment | ||
| NJA | ||
| Contribution made by volunteers | Para 1.38 | |
| NIA | ||
| Other |
| SORP | ||
|---|---|---|
| reference | ||
| Review of the charity's fnancial | Para 1.21 | Income: |
| position at the end of the period | Expenditure: | |
| Statement explaining the policy for | Para 1.22 | |
| holding reserves stating why they | ||
| are held | ||
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves | Para 1.22 | NIA |
| Details of fund materially in defcit | Para 1.24 | NIA |
| Explanation of any uncertainties | Para 1.23 | None |
| about the charity continuing as a |
||
| going concern |
| SORP | ||
|---|---|---|
| reference | ||
| The charity's principal sources of | Para 1.47 | Sources of funding include: - Local Church Support |
| funds (including any fundraising) | - Regular Monthly Giving - One-Off Giving |
|
| Investment policy and objectives | Para 1.46 | |
| including any social investment | NJA | |
| policy adopted | ||
| A description of the principal risks facing the charity |
Para 1.46 | The charity's current funding model relies on planned giving from threelocalchurchcommunitiesfor a se term of years. There is signifcant risk to long term sustainability |
| if thecharitydoesnotsecureadditonalfundingstreams. | ||
| Other |
| SORP | ||
|---|---|---|
| reference | ||
| Policies and procedures adopted for | Para 1.51 | |
| the induction and training of trustees | ||
| The charity's organisational structure | Para 1.51 | Bangor Youth for Christ (leuenctid Dros Grist |
| and any wider network with which | Bangor) is a charter of British Youth for Christ which is a member nation of Youth for Christ |
|
| the charity works | International | |
| Relationship with any related parties | Para 1.51 | |
| Other |
| Trustee | name | Dates acted | if not for whole |
|---|---|---|---|
| year | |||
| N/A |
||Description
of the assets held in this||
|---|---|
|capacity||
||NIA|
|Name and objects of the charity||
|on whose behalf the assets are||
|held and how this falls within the||
|cUstodian charity's objects|NIA|
|Details of arrangements for safe||
|Custody and segregation of such||
|assets from the charity's own assets|NNA|
| Type of adviser | Name | Address |
|---|---|---|
| Independent Examiner |
William Bromley |
BANGOR YOUTH FOR CHRIST Charity No: 1204934 FINANCIAL REPORT FOR YEAR 2024 B*Dk Ballnee JAnuAry 2024 £0.00 Income l Donationj Mosaic Church 10,000.00 Penrallt Baptist Church 10,000. Methodist Church (Wales Synod) 6,000.00 Methodist chUb (St John's Bangor) 5,010.00 Llandudno YFC 1500.00 Vuyard 120.00 Individual Donations 1.695.00 Bank Interest 21.69 Totsl Ineome £34J46.69 E4benditur Removal Costs 5000.00 483.71 240.00 2167.00 165,75 61.50 £8,117.96 YFC Conference Jan 2025 Gross Pay Stelvardthp Payroll Costs Bank Charges Totsl Expendilure Bank Bthnce 3111 December 31Jt 2024 £26228.73 Sigt Neil Rymer. Treasurer Jobn llwmpson: ChaArm
CHARITY COMMISSION FOR ENGLAND ANO WALE5 Independent examinerfs report on the accounts Section A Independenl Examlner'g Report Rèport to Ihe trustees On accounts for the year endad Charlty no (If any) 31 Decwknr 2tr24 1204934 Set out on pages I report to Ihe trustees on my examination of the accounts OF th8 above charity ("the Trust'l for the year ended 31 11 IDL4 As the charitys trustees, you are resporsible forthe preparation of the accounts in aCCordare with the requirements of the Charities Act 2011 rthe Acr). Responslbllltles and basis of report I rep)rt in respect of my eXaMinan of the Trusfs accounts carrred CArt under section 145 of the 2011 Act and in caryng out my examination. I have followed all the aPICable Directions gtven by the Charity Commissii under section 145(5)(b) ol the ACL Independent examlnerfs statement I have COmpted rny exarnination. l o)nfHm that no material matters have come to my attention in connection wtth the examination (other than that di8dosed below") gives me cause to believe that in. any materfal resped.. the acc4)unting rec(>rds wern not kept in accordance with section 130 of the Charities ACL. or the acownts dKI not al¥d Y•ith the acUntIj records: or the accourrts drd not c(Mnply 4Mth the applicable requirements conceming the form and content of acc%nts set out in the chare$ (Accounts and Reports) Regulations 2008 other than any requirement thal the ac¢ounls give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no c¥)ncems and have come aLYOSS no ¢)ther rnatte in conn8cIK with the examinatKJn to attention Sh¢Id be drawn in this rert in der to enable a prow uThJe[stsndij ofthe acUnts to be reactd. . Ple8se delete the words in the brnckets rfth8y do not appty. Slgnod.. Dat•: io 202 Name: Relovant profgsslonal quallflcatlon(6) or body CIPfB fJo IER Oct 2018
Section B Disclosure Only cornplete rf the examtner needs lo hght maleriai matters of concem Glv• h•r• bTb•f d•t•ll• ol •ny It5 that th• examln•r wlsh•s to dlsclom. IER Oct 2018
THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND AccouwfANCY Wittiam (Bromfy was successful in passing the FINAL EXAMINATIONS (Decem6er 2005 CHIEF EXECi
BANGOR YOUTH FOR CHRIST Charity No: 1204934 FINANCIAL REPORT FOR YEAR 2024 Bank BAIAnce January l 2024 £0.00 Income l Dontions Mosaic Church 10,000.00 PerlIt Baptist Chulth 10.000.(H) Methodisi Church (Wales Synod) 6,000.(J) metIdISt Church (St JoI,S Bangor) S,010.IM) Llandudno YFC 1.500.00 Irmeyard 120.IK) Individual DonatioLs 1.695.1)0 21.69 Totsl Income £34J46.69 Removal Costs 50(X).00 483.71 240.00 2167.(K) 165.75 61.50 £8,117.96 YFC Conference Jan 2025 Gross Pay Stewardthp Payroll Costs Bank Cl]arges Total Expenditure Bal Balance 311t De¢ember31rt 2024 £26228.73 Neil Rymer. Treasurer