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2024-12-31-accounts

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 chU￿b (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 aCCordar￿e with the requirements of the Charities Act 2011 rthe Acr). Responslbllltles and basis of report I rep)rt in respect of my eXaMina￿n of the Trusfs accounts carrred CArt under section 145 of the 2011 Act and in caryng out my examination. I have followed all the aP￿ICable Directions gtven by the Charity Commissii under section 145(5)(b) ol the ACL Independent examlnerfs statement I have COmp￿ted 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 a￿l¥d Y•ith the ac￿UntI￿j records: or the accourrts drd not c(Mnply 4Mth the applicable requirements conceming the form and content of acc%￿nts set out in the char￿e$ (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 re￿￿rt in der to enable a prow uThJe[stsndi￿j ofthe ac￿Unts to be react￿d. . 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 h￿￿ght maleriai matters of concem Glv• h•r• bTb•f d•t•ll• ol •ny It￿5 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 Per￿lIt Baptist Chulth 10.000.(H) Methodisi Church (Wales Synod) 6,000.(J) metI￿dISt 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