COMPANY REGISTRATION NUMBER: 349294 CHARITY REGISTRATION NUMBER: 207899 National Young Life Campaign Trust Limited Company Limited by Guarantee Unaudited Financial Statements 31 December 2024 MAThOCKS GRINDLEY Chartered Accountsnts 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OWN
National Young Life Campaign Trust Limited Company Limited by Guarantee Financial Statements Year ended 31 December 2024 Page Directors, annual report (incorporating the director's report) Independent examinerfs report to the directors Statement of financial activities (including income and expenditure accounl) Statement of financial posits'on Notes to the financial statements Th• following pages do not form part of th• financial Ststements Detailed statement of financial activities 18 Notes to the detailed ststement of financial activities 19
National Young Life Campaign Trust Limited Company Limited by Guarantse Dlractors, Annual Report (Incorporating the Directorfs Report) Yaar and•d 31 December 2024 The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2024. R•fernnce and administrative details Roglstored charlty name National Young Life Campaign Trust Limited Charity r•gistration nUrnr 207899 Company reglstratlon number 349294 Principal offic• and register•d 35 Shelley Close Bromsgrove Worcestershire B61 ONQ The dlioctors Prof. S Taylor Mr J Duffin MrJ M Green Mr H C Martin Mr S J Wright MrAWells Company secretary Alan Wells Independent examlner Mr G Mattocks FCA 18 Mulberry Avenue Tumstone Business Park Widnes Cheshire WA8 OWN Structure. governance and manag•ment The Charity is a Company Limited by Guarantee and govemed by its Memorandum and Articles of Association. Elecb'ons of Directors take place at company meetings. The overall policies are set by the National Coun¢il whi¢h comprises of the Board of Directors and the Members of the Company. The local branche$ are organised inlo ft)ur geographie a0$ {lrish, Midlands and South, North East, North Westl and YL Holidays. Each a¥ 1$ managed by a voluntary Area Director who is supported by a committee and these manage the day to day work.
National Young Life Campaign Trust Limited Company Limitsd by Guarantee Directors. Annual Report (Incorporating the Directorfs Report) (¢tin¢inu•d) Year ended 31 DOc•mr 2024 Objectlves and a¢tlvllios Maln Actlvllles The charity was founded in 1911 to promote the Christs'an message and teaching amongst teens and ventFes in accordance wtth the Basis of Faith contained in the governing document as well as to eneourage them to share that message wrth oth8rs. This remains as our main aim today and all activities are focussed on thal goal. The lo¢al branches meet on a weekly basis when a varied Bible based program is held focusing on a specific theme. Most branches also hold a monthty evangelistic preaching time al a suitable local venue. At area level "Speakouts" are held when young people from the branches gather in a number of cities around the UK to engage in events to take the Chri$tian message lo the general populace. The areas also hold a weekend away when people from the branches and their friends are taught biblical truth as well as hear and exchange ideas about the work both localty and nab"onally. YL Holidays hold weeks of activity holidays during the summer months for young people aged betsveen 10 and 18. Each day starts with a bibli¢al message. The holidays are very popular with nKsl venues fully booked each year. Public Benefit statement The Charity's public teaching is based on the message of the Bible. This 1$ at root a message of forgiveness and grace that offers hope and meaning to young people and is as relevant as ever. Promoting Christian teaching and ethics brings a wider beneffit to society as a whole. For example the Biblical command to love one's neighbour as oneself encoLtrages care for those in need and a positive ntribUtIon to public life. The Charity Seeks to develop leadership and organisalional skills among young people. Such skills can be used in many ¢ontexts. Both the weekly branch meetings and the summer camps help to build relationships and mutual support among young people. In a Society experiencing fragmentation and isolation. these connections will prove invaluable for years to come. Volunteers Al this activity would not be possible without the many volunteers who give so unstintingty and generously of their time and resources and the Directors would like to record their deep and heartfelt appreciation to them all.
National Young Life Campaign Trust Limited Company Limited by Guarantee Dlrectors. Annual Rèport (Incorporating the Director's Report) (contlftu•dJ Year endod 31 Dember 2024 A¢hi•vgments and porforniance We MaIn convinced of the continuing relevance of the Christian message that forms the basis of the Charity's a1vIll&s. We are gralefvl for the hard work of staff and volunteers in maintaining activities, and trust that God will bring blessing. Some highlights are listed below. Branches followed a regular pattem of weekly or fortnightly in person meetings, maintaining regular Bible teaching and fellowship. A week of prayer was held earty in April with daily prayer meetings via zrn. We were able to run our holiday weeks as planned, and these were very well received. other activities such a$ schools work and Stet evangelism have continued. A training weekend for branch leader$ was run in March, in co-operation with United Bea¢h Missions. Around 35 young people attended and benefited from intensive teaching as well as fellowship. A new resource was published. 'Christianity and Science - Friends of Foes?,. This short illustrated book is suitable for personal evangelism and apologetics and we trust will be widely used. Plans were made for 'Rooted', a weekend away for young people, which took place in February 2025. Over 175 people gathered in Staffordshire in February for Bible teaching, fellowship and activities. During the year a branch in Belfast disposed of a property. The funds originally given for the benefit of this bran¢h will be ring-fenced and used slralegically ft)r the benefit of the work in Northem Ireland.
National Young Life Campaign Trust Limited Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) (contlftued) Year ended 31 December 2024 Flnan¢lal revlow The financial resutts for the period under review have been consistent with the plans and forecasts prepared by the Directors, albeit not all the usual holidays operated. The Directors consider that should the charity's operaling ¢iUmstanceS remain the same then the forthcoming financial period will produce similar results. There are no funds materially in deficit. Resorvos Pollcy The Directors consider that a free reserve sum sufficient to cover three months. expenditure is the minimum required and as at the dale of this report this is exceeded. Additionally, most of the investments are available on less than a month's notice. Flnanclal Support Vve are very grateful to our supporters who even in this challenging year have funded 82% of our operating costs with the balance coming from investments. Investment Powers and Restrictions Funds not immediately required are invested in such investments as the Dire¢tor$ deem appropriate wrth advice being sought from time to time from qualified investment managers. The primary factor in these decisions is the provision of income with little or no capital depreciation. Currently Ihe funds are held in unitised investments which are managed according to our primary nsider0.0n. Saf•guarding and Risk M•nagèm*nt The have been no safeguarding issues ported during the year. A Risk Register has been maintained. Plans for future perl¢)ds Some of our plans for the future include.. Running a full suite of holiday weeks in summer 2025. Holding an online week of prayer in April. Easter speakouts at various locations. Building a resource bank of material lo support branch leade in running effective programmes. Seeking to identtfy future National Committee members and others who can contribute lo the strategic development of the charity's work. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
National Young Llfe Campaign Trust Limited Company Llmited by Guarantse Directors. Annual Report (Incorporating the Directorfs Report) f¢ontinu•dJ Year onded 31 December 2024 The directh, annual raport vrds approved on .8. Tr1 tiustees by: 2025 . and signed on behaff of the board of Prof. S Taylor Directc MrA
National Young Life Campaign Trust Limited Company Limited by Guarantee Independent Examiner's Report to th• Directors of National Young Life Campaign Trust Limited Year ended 31 December 2024 I report to the diredors on my examination of the financial statements of National Young Life Campaign Trust Limited I'the charity'} for the year ended 31 December 2024. Responslbllltle8 and basls of report The trustees are also the directors of the company for the purposes of company law are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under sects'on 144121 oflhe Charities Act 2011 (the 2011 Act) and that an independent examination is needed. l am qualrfied to undertake the examination by being a qualified member of'Accounting body,. Ind•pend•nt •xamln•rfs statemenl Since the charity's gross incom8 exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 ACL I confirm that l am qualified to undertake the examination because l am a member ofthe Insb'tute of Chartered Accountants in England and Wales IICAEW), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attenti¢Jn in connection with the examination giving me cause to believe.. accounting record$ were not kept in respect of Ihe charity as required by section 386 of the 2006 Act.. or the financ1 statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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,. or the financial $tatem8nls have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to ¢harities preparing their a¢counts in accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021- I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr G Mattocks FCA Independent Examiner 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OWN f/3k,-
National Young Life Campaign Trust Limited Company Limited by Guarantee Statement of Financlal Activltl•s (including income and expendlture account Year ended 31 December 2024 2024 Re$trieted Endowment fvnd$ fvnds Totsl funds Total funds 2023 Unrestrieted fund$ Income and endowments Donations and legacies Investment income 157.746 7,933 165.679 86,461 244,207 7,933 252,140 136,142 7.781 Total Income 86.461 143.923 Expendlture Expenditure on charitable activities 187,333 500 187,833 187,833 165,376 Total •xpendi¢ur• 187,333 500 165,376 Net gains on investments 4,415 4A15 5,192 Net Intomel(expenditur¢l 117,239} 85,961 68,722 116,2611 Other recognlsed g•lns ond losses Fair value movements 13,7761 121,015> 65 1,394 1,394 {2,3171 66NOS 18,852 2.591 Net movement In funds 86.026 Reconciliation of funds Total funds brought forward Total funds carried forward 327,492 4,331 73,743 405,566 471.971 402,975 306,477 90.357 75,137 405,566 The statement of financial activrties includes all gains and losses recognised in the year. All in¢ome and expendrture derive from continuing acb"vities. The noteB on pageB 9 to 16 forni part ofthe8• financial 8tat•ments.
National Young Life Campaign Trust Limlted Company Umlied by Guarantee Statement of Flnanclal P¢)shlon 31 December 2024 2024 2023 Fixod assets Inveslments 12 319A26 347,228 Currenta$s Cash at bank and In hand 166,$86 61.14e Credllors: amounts falllng duewlthin on• ye Not current asmts 13 2921 2,808 58,338 405,566 405.566 152,846 Total assats IS ¢uTh•nt lknbllilips N•t ass•ts 471.971 471,971 Funds ofthe ¢hwty Endowment fund8 Restri(ed fund5 Unrestrtrted nI 78,1J7 90.357 306A77 471.971 73,743 4,331 327.492 Total charfty ftmds 14 405.566 For Ihe year ending 31 December 2024 the charity w86 enthled ID exemption tom auth under $ection 477 of the Coryyanies Act 20C6 relating to small companies. Dire¢tors' re8ponslbiNOes: The mefrt>eYs have not required the conweny to obtsln an audlt ol Its ilnandal statements trthe yw in question in accordance with 8eclion 476: The (Sre¢tors acknowfedge their re8pon8lbilities tr comptying whh the rgqulrements ofthe Artwlth re8pectto accounling re(¥xd8 and the preparatlon of finanoal statements. These ffftancial ststem•nts have been prepared vi a0(dance vAlh the provl8lons appIlble to cowni•8 Subt0 the small companies, r8gime. These finan¢ial statements were approved by the board of lJu8teeg and authorised for issue on a.nlfv%%A7.-. and are signed behalf ofthe board by: Mr AWelFs rector Ihe notes on 9 to 16 *xm prtol thw• fthAndal $tat•m•nl&
National Young Life Campaign Trust Llmited Company Limited by Guarantse Notss to the Financial Statements Year ended 31 December 2024 General Infomiatlon The charty is a publie benefit entity and a private ¢ompany limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 35 Shelley Close, Bromsgrove. Worcestershire, B61 ONQ. Statement of compllance These financial statements have been prepared in Complian wllh FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republi¢ of Ireland,, the Statement of Recommended Practice appluble to charities preparing their accounts in a¢¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 102)} and the Companies Act 2006. Accounting policie8 Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by Ihe revaluation of certain financial assets and liabiliti'es and investrnent properties measured at fair value thfough income or expenditure. The financial stalements are prepared in sterling, which is the fijnctional currency of the entity. Going concgrn There are no material un¢ertainties al)out the charity's ability to continue. Dl8cl¢)surn axemptlons The entity satisfie$ the criteria of being a qualifying enlty as defined in FRS 102. As such, advantage has been taken of the following disclosure exemption$ available under paragraph 1.12 of FRS 102.. {al No Cash flow statement has been presented for the company. Judgements and key sources of estlmatlon uncertalnty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amour¢ls reported. These estsmales and judgements are conlinualty reviewed and are based on experience and other factors, including expectations of fvture events that are believed to be reasonable under the circumstsnces. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestri¢ted funds eamarked by the directors for particular futu project or commitment. Restricted fvnds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of IAVO sub-classes.- restricted income funds or endowment fund$.
National Young Life Campaign Trust Limited Company Limited by Guarantee Nots$ to the Financial Statsments (¢onllnu•d) Year ended 31 December 2024 Accounting policies (eondnu•dJ Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants 1$ recognised when there is evidence of entitlement to the grft. receipt is probable and its amount Can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured al the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilib'es and services are recognised in the accounts when received if the value can be lIab measured. No amounts are included for the contribution of general volunteers. in¢ome from contracts ft)r the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il to be Spent on a partf'cular purpose and returned if unspent. in which case may be regarded as restricted. Resources expended Expenditure is recognised on an a¢¢rual$ basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and 1$ Classified under headings of the Statement of financial activities lo which il relates.. expenditure on raising funds includes the costs of all fundraising activitie5, events, non- charitsble trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred ty a charity in undertaking aclivits'es that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relatsng to the governance of the charity apportioned to charitable a¢livilies. other expendire includes all expenditure that is nerf(her related to raising funds for the tharity nor part of ils expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of Ihe resource. Direct costs attribulabb lo a single activity are allocated directly to that activity. Shared costs are apportioned belween the actNities they contribute to on a reasonable, justifiable and consistent basis. Investmènts Unlisted equity investments a initially recorded at cost, and subsequenlty measured at fair value. If fair value cannot be reliabty measured, assets are measured at cost less impairment. Listed investments are measured at fair value with changes in fair value being recogni$ed in income or expendrture. 10
National Young Life Campaign Trust Limited Company Limit•d by Guarant•• Notgs to the Financial Statements (¢onllnuodJ Year ended 31 December 2024 Accountlng policles {conllnu•dJ Impairnient of fixgd assets A review for indicators of impairment is carried out at each reporting dale, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingty. Prior impaiments are also reviewed for possible VerSal at ea¢h portIng date. For the Purposes of impairment lests'ng, when Jt is not possible lo estimate the recoverable amount of an individual asset. an estintsle is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash%enerating unit is the smallest identifiable group of assets that includes Ihe asset and generates cash infh)ws that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill a¢quired in a business Combination is, from the acquisition date, allocated to eaeh of the eash4enerating unit$ that are expected lo benefit from the synergies of the combination, irrespective of whether other assets or liabilrties of the charity are assigned to those units. Flnanclal Instruments Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs, unless the arrangement consb'tutes a financing transaction, where it 1$ recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Donatlons ond lega¢les Unrestricted Funds Restricted Total Funds Funds 2024 Donatlons Donations Gift aid lax feclaimed Sale of property 56,265 4,420 56,265 4,420 86,461 86.461 Other donations and legacios Literature, Subscriptions & Sales Young Life Holiday Contributions Events. Training & Conferences 2,334 60,404 34,323 157,746 2.334 60A04 34,323 244,207 86,461 Unrestricted Funds Reslricled Total Funds Funds 2023 Donatlons Donations Gift aid tax reclaimed Sale of property 48,141 882 48,141 882 11
National Young Life Campaign Trust Limited Company Limited by Guarantse Not•$ to tho Financial Statements (¢onlpnu¢dJ Year ended 31 December 2024 Donations and10gacles (conllnu8d) Unre$tri¢ted Funds Restricted Total Fund$ Fund$ 2023 Other donatlons and legacles Literature. Subscriptions & Sales Young Life Holiday Contribution$ Events, Training & Conferences 4,075 50,695 32,349 4,075 50,695 32,349 136.142 136,142 Investmenl In¢ome Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Income from lisled investments 7.933 7.933 7,781 7,781 ExPendIre on ch•rllablo acllvltles by fund typ• Unre5trithd Funds Restricted Total Funds Funds 2024 Direct charitable activities Support costs 185,653 1,680 187,333 500 186,153 1.680 187,833 500 Unrestricted Funds Restricted Total Funds Funds 2023 Direct charitsble acb'vities Support costs 163,406 1.470 500 163,906 1,470 164,876 500 165.376 Expendlture on charltablo •¢ti¥its•s by ¥¢tivity ty ActNities undertaken direcdy Support Total funds costs 2024 Totsl fund 2023 Direct charitable activities Govemance costs 186.153 186,153 1.680 163,906 1.470 1,680 186,153 1,680 187.833 165.376 Net galns on Invèstments Unrestri¢ted Endowment Total Funds Funds Funds 2024 Gainslllosses) on listed investments 4.415 4,415 12
National Young Life Campaign Trust Limited Company Limitsd by Guarantee Notes to the Financial Statements fconffnuod) Year ended 31 Decembor 2024 Not galns on Invastmonts (conlinuedj Unrestricted Endowment Total Funds Funds Funds 2023 Gainsl(lossesl on Ilsted investments {294} 5,486 5.192 Independent examinatSon fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 1,590 1,440 10. Staff costs The charity's holiday period runs in line with the academic year, 1 st September to 31$t August, meaning that employees are one third of the way into their holiday entitlement 31 st Dember and Ihe inclusion of an accrual for holiday5 not taken is deemed not material. The average head count of employees during the year was 2 12023.. 21. The average number of full-time equivalent employees during the year is analysed as follows.. 2024 2023 No. Number of staff - administration No employee received employee benefits of rn0 than £60,000 during the year (2023.. Nil). 11. Trustge remuneration and expen8e8 No remuneration or other benefits from employment with the charity or a related entity were re¢eived by the trustees 12. Investmènts Llsted Invgslments Cost or valuatlon At 1 January 2024 Additions Disposals Fair value movements Other nY)vements 347,228 {30,0001 12,3171 4.415 Al 31 Docember 2024 319.326 Impalmient At 1 January 2024 •nd 31 Do¢omber 2024 Carrylng amount At 31 Decomber 2024 319,326 347,228 At 31 December 2023 13
National Young Life Campaign Trust Limited Company Limited by Guarantee Note8 to the Financial Statements f¢oniinu•dJ Year ended 31 December 2024 12. Investments (contlnu8d) Abl investments shown above are held at valuation. Llsted Investments The aggregate market value of listed investments is £319,32612023.' £347,228). Flnanclal assets held •t falr valu• Fof all financial assets measured at fair value, year end share valuations have been provided by the investment companies with whom the fvnds are invested. 13. Credllors: amounts f•lllng duo wlthln on•y•ar 2024 2023 Accruals and deferred income Social security and other taxes 1,590 1,331 2,921 1,440 1,368 2.808 14. Anatysls of charllable funds Unrnstrl¢t•d funds Al Gains and 31 Decèmber losses 2024 At 1 January 2024 Income Expenditure General funds Fair value reseNe 309,015 18,477 327,492 165,679 1187,3331 4,415 13,7761 639 291.776 14.701 165,679 1187,3331 306,477 At Gains and 31 December losses 2023 Al 1 January 2023 Income Expenditure General funds Fair value reserve 330.262 143.923 {164,876} (294) 18,477 309.015 18,477 330,262 143.923 1164,8761 18,183 327,492 14
National Young Life Campaign Trust Limited Company Limited by Guarantee Notss to the Financial Statements (conHnu•dJ Year ended 31 December 2024 14. Anaty$is of charitablo funds (¢onllnu•d) R6stri¢ted funds At Gains and 31 Decombgr 10s5es At 1 January 2024 In¢ome Expenditur8 2024 F. & A. Wood Scholarship Fund YL Northern Ireland Fair value reserve 2,671 Isoo) 2,171 86,461 1,72S 90,357 86,461 1,660 65 4,331 86,461 15001 65 At Gains and 31 December losses 2023 At 1 January 2023 Income Expenditure F. & A. Wood Scholarship Fund YL Northem Ireland Fair value Teserve 3.171 1500) 2.671 1,415 245 1,660 4,586 15(10} 245 4,331 The F. & A Wi)od Scholarship Fund is held specifically for the support of the National Young Life Campaign members in full time Christian $ervi¢e trainlng. The YL Northem Ireland fund was created from the donated proceeds of a property sale, in order to serve the branch requirements of that area. Endowment funds At Gains and 31 December losses 2024 Al 1 January 2024 Income Expenditure Endowment Funds Fair value reserve 41,715 32,028 41.715 33,422 75,137 1,394 1,394 73.743 At Gains and 31 December losses 2023 At 1 January 2023 Income Expendrture Endowment Funds Fair value reserve 36,229 31,898 68,127 5,486 130 41,715 32,028 5,616 73,743 15
National Young Life Campaign Trust Limited Company Limitsd by Guarantee Notes to the Financial Statements {conffnu8d) Year ended 31 December 2024 1& Anatysls of net assets between fvnds Unrestrt¢ted Fund5 Restricted Endowmgnt Totsl Funds Funds Funds 2024 Investments Current assets Creditors less than 1 year Not assets 253,245 56,153 12,9211 306,477 2,968 87,389 63,113 12,024 319,326 155,566 12,921) 471,971 90,357 75,137 Unrestricted Funds Restricted Endowment Totsl Funds Fund$ Funds 2023 Investments Current assets Creditors less than 1 year Ngt assets 282.606 47,710 12,8241 327.492 2,903 1,428 61,719 12,024 347,228 61,162 12,824) 405,586 4,331 73,743 16. Financial instNments For financial instruments measured at fair value, the basis for determining fair value is the use of share valuations given on the stock exchange. 16
National Young Life Campaign Trust Limited Company Limited by Guarantee Management Infomiation Year ended 31 December 2024 Tho followlng pago8 do not fom) part of the financlal statements. 17
National Young Life Campaign Trust Limited Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 De¢omb•r 2024 2024 2023 Income and endowments Donalions and legacios Donations Gift aid tax reclaimed Sale of propefty Literature, Subscriptions & Sales Young Life Holiday Contributions Events, Training & Conferences S6,265 4,420 86,461 2,334 60,404 34,323 244,207 48,141 882 4,075 50,695 32,349 136,142 Investment incorno Income from listed investrnenls 7,933 7.781 Total Income 252.140 143,923 Expendtture Expenditure on charltsble a¢tlvltl Wages and salaries Olher establishment Other motorltravel costs Legal and professional fees other office costs Events, training & conferences Printing & other costs Young lrfe holiday costs Branch administration costs 43,736 3,688 8,282 1,680 4,810 46,063 3,550 58,273 17,751 187.833 42.402 2.541 5.945 1,470 3.054 46.212 901 45.254 17,597 165,376 Total expendlture 187.833 165,376 Net galns on Investments Gainslllossesl on listed investments 4N15 5,192 N•t IncomlexWnd1tuTe) 68,722 116,2611 18
National Young Life Campaign Trust Limited Company Limitsd by Guarante• Notes to the Detailed Statemont of Financial Actlvltles Year ended 31 December 2024 2024 2023 Exp•ndlture on ¢h8rltsble a¢tlvltles Dlrect charltable actlvftles A¢tlvltl•s undertaken dlrectly Personnel Costs Building, rent and insurance Other motorllravel costs Other office costs Events, Iraining and conferences Printing and other Costs Young lrfe holiday ¢osts Branch administration ¢o$ts 43.736 3.688 8.282 4.810 46,063 3.550 58.273 17.751 42,402 2,541 5,945 3,054 46,212 901 45.254 17,597 186.163 163.906 Governance costs Accountancy fees 1,680 1,470 Expendlture on charllable actlvltles 187.833 165,376 19