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 nUrn￿r
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 a￿0$ {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•m￿r 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 D￿ember 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 a￿1vIll&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 z￿rn.
We were able to run our holiday weeks as planned, and these were very well received.
other activities such a$ schools work and St￿et 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 ¢i￿UmstanceS 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 financ￿1 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 I￿S ¢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 appIl￿ble to
cowni•8 Sub￿￿t0 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 expendi￿re 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
ExPendI￿re 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 De￿mber 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 Incom￿lexWnd1tuTe)
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