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2022-08-31-accounts

Charity registration number 263446 (England and Wales)

Charity registration number SC039297 (Scotland) Company registration number 00988200 (England and Wales)

BRITISH YOUTH FOR CHRIST

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

BRITISH YOUTH FOR CHRIST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs A Adewunmi-Oakley
Mr M Bull
Mrs J A Fowler
Mrs S Godden (Chair)
Mrs P J Joyce
Mrs D Mitchell
Mr J Vardy (Treasurer)
Mr T Wills
Mr M Gregory (Appointed 26 January
2023)
Secretary Mrs S J Godden
Charity number (England and Wales) 263446
Charity number (Scotland) SC039297
Company number 00988200
Registered office Coombswood Way
Halesowen
West Midlands
B62 8BH
Auditor Dyke Yaxley Limited
1 Brassey Road
Old Potts Way
Shrewsbury
Shropshire
SY3 7FA
Bankers Santander UK PLC
Bridle Road
Bootle
Merseyside
G1R 0AA
Solicitors Keelys LLP
28 Dam St
Lichfield
WS13 6AA

BRITISH YOUTH FOR CHRIST

CONTENTS

Page
Trustees' report 1 - 10
Statement of trustees' responsibilities 11
Independent auditor's report 12 - 14
Statement of financial activities 15 - 16
Balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 35

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2022

The trustees present their annual report and financial statements for the year ended 31 August 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's memorandum and articles of association, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The object of the charity is to promote the Christian faith and to proclaim the gospel of Jesus Christ throughout the world by:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

We can report that Youth for Christ provides a public benefit to young people in Britain; the age range we work with is 7 – 25 years with the majority of the work taking place with 11 – 18 year olds.

The charity carries out its objects using touring teams, creating resources for youth work, writing accredited training programmes for young offenders, outdoor activity holidays and through supporting and equipping 61 Local Centres (who are separate charities) and local projects. The work is generally in schools, churches, youth prisons and youth clubs.

Fundraising standards information

Fundraising policy and practice:

Our approach is to be legal, open, honest and respectful in all our fundraising activities. We do not engage in fundraising that might involve unreasonable intrusion on a person’s privacy or is unreasonably persistent.

Funds raised for a particular activity are used for that activity and our accounting system is designed to provide for

this through a system of accounts for restricted funds.

British Youth for Christ (known as and referred to in this report as simply “Youth for Christ”) does not share its contact database with third parties and does not use freelance fundraisers.

Our data protection policy was reviewed and updated in 2018 to ensure compliance with the General Data Protection Regulation (GDPR). We aim to comply with the Code of Fundraising Practice issued by the Fundraising Regulator.

There have been no failures complying with the fundraising standards adopted by the charity and there have been no complaints received by the charity about its fundraising activity.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Achievements and performance

Youth for Christ educates young people in the Christian faith through events, clubs, activities, residential programmes, sports and dance activities and resources. Youth for Christ presents young people with the opportunity to become followers of Jesus Christ. Those that respond are encouraged to grow in the life of faith and step into positive activities that develop character and life skills. This leads to public benefit from our work. We also work with 61 Youth for Christ local centres and projects engaging young people in their geographical area and we provide experience-based volunteer placements which encourage personal development.

We seek to relieve poverty through supporting a number of our Centres that engage in food bank projects and homelessness among young people. Our life skills training is geared to help young people stand on their own two feet and find meaningful employment as well as live a balanced life.

We are committed to supporting both students and teachers with numerous educational resources which includes our online religious education website. Many of our Centres also provide support in the area of mental health and general wellbeing.

Youth for Christ works with young people in custody, those who are not in education, employment or training and those who have disengaged with society through our myLife training. Youth for Christ is involved in the education of young people directly and through the production of resources and the provision of teams that support those in formal, non-formal and informal settings.

Key performance indicators

Strategic Strand Key measurable 2021/22
Outturn		 2020/21 Outturn 2019/20 Outturn
Intentionality
of evangelism*
Total number of young people
contacted
1.72m		 1.7m 1.20m
Commitment
to
serve the Centres
Total number of Centre with full
charters renewed
61		 60 60
Develop a culture of
diversity
Total
number
of
young
offenders contacted
225		 1,840 3,237
Develop a culture
ofprayer
Targeted events and prayer
resources delivered
100%		 100% 100%
Commitment to financial
sustainability
Number of partners		 955 1,032 1,017

* numbers affected by change to cookie analytics.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Local Ministries

Throughout the 2021/22 financial year, we were able to continue to provide support, resources, encouragement and training to our local projects and Centres and this support continued throughout the next phase of the pandemic, requiring a hybrid approach to youth ministry support in line with government restrictions. During the year, 56 independent local Youth for Christ Centres and 5 affiliate projects operated throughout Great Britain under the umbrella governance of our National charity, and each of these independent projects responded to the needs of the young people in their communities and contexts. Each Centre and project continued to demonstrate God’s love (for example giving out gift bags in schools with content affirming young girls’ self-esteem, acting as chaplains providing a listening ear and constant presence for young people in need, running detached youth work projects in skate parks, and providing gaming-based youth groups via Discord servers); they declared who Jesus is (running face to face summer festivals with talks and seminars, providing pre-recorded assemblies and in person RE lessons in schools across the country); they gave young people the opportunity to make a decision to become a follower of Jesus (gathering young people for hybrid worship services, running smaller in person residential weekends or summer camps); and they continued to disciple young people in their faith (through one to one mentoring and Bible study, through in person youth groups). We were committed to embodying our “helpful” core value as our local centres and projects negotiated the frequently changing regulations. We officially launched 2 new Centres: Colwyn and York.

As further pandemic restrictions lifted, we were able to provide site visits to many of our local projects, ensuring good local governance and supporting local financial sustainability. We assisted local Centres with residentials and provided support to the Youth for Christ presence at summer festivals and Spring Harvest. We delivered leadership and management training to more junior local managers, as well as running a number of online sessions focused on the safeguarding of young people.

In June 2022, Lauren Fox stepped down from her role as Director of Local Ministries after 6 years in post.

Scotland

Over the year we continued our ministry to young people across Scotland. There were 5 Youth for Christ local projects based in Scotland, who spent the year delivering online sessions for local schools, working on a detached basis with young people in their communities, and supporting their local churches in youth ministry. Although pandemic restrictions lifted, a significant amount of support took place online during the year, not least weekly clusters. Significant support, supervision and training was delivered most notably a youth leaders retreat and a hybrid delivery of ‘Sometimes it hurts’ equipping and training youth leaders in mental health awareness.

Schools Resources

During 2021/22, Youth for Christ continued to offer high quality resources to support the delivery of Religious Education. Our online RE resources RE:Quest continued as a vital resource accessed by teachers to support their delivery of Christian RE in classrooms across Britain as well as by students. The schools work team also provided regular online training and networking for Youth for Christ staff across the country and hosted its first in person Schools work conference in September 2021. The team also delivered online and in person training for trainee teachers of RE throughout the year. Once again as pandemic restrictions lifted visits were made to Centres that provided bespoke consultation and support.

Church Resources

Our termly resources continue to be used throughout Britain by local youth leaders and Youth for Christ Centres. At the end of August 2022 we had 826 groups accessing our range of material. The new Church Resources website is well underway. Following a fortnight of consultation with 57 of our subscribers, we submitted a new specification that will allow users to build and save sessions more effectively, manage their team members and payment processes and gives users more effective search functionality of our extensive back catalogue. We are consolidating our resources from 4 streams to 3 so that they represent Kids, Youth Evangelism and Youth Discipleship. It is expected that the new website will launch in January 2023.

The team have been delighted to be involved again in festivals and events over the course of this year. Opportunities taken through Spring Harvest, LPO and Home for Good saw the team communicating the message of Jesus with over 1,000 children and young people. We also had a team presence at The Church Resources Exhibition in October and the National Youth Ministry Weekend in November, where we were able to share the work of Youth for Christ and officially launch the Good News Bible, Family Edition in partnership with the Bible Society.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

The Church Resources team has changed significantly this year with the news that Louise Woolcock would be moving on from Youth for Christ. We’re grateful to Louise for her hard work in bringing together the team who produced the Good News Bible, Family Edition. Thomas Spicer also announced that he would be moving on from Youth for Christ. Tom’s contribution to Youth for Christ goes back some 14 years in various roles and areas of responsibility. Most recently he was instrumental in the creation and delivery of our Go resource and Yeti.

Looking ahead to the next ministry year we are anticipating further change as a result of the 40 days of prayer and fasting that was carried out in June and July. The team are working hard to continue to produce termly resources and await further instruction and clarity as the overall direction of the organisation is discovered and solidified in the coming months.

Evangelism

The evangelism team has continued its engagement online through our YouTube channel IntroOutro. We have also increased our presence with our two new digital channels FIERCE which is aimed at girls, and UNDER_GROUND which is our new urban channel with freestyles and interviews with Christian hip-hop and gospel artists with our desire to take the gospel in a relevant way to young people. These channels had over 211,000 views across this last year and saw our subscribers increase to just under 9,000.

The team spent the last year delivering training in and material about evangelism. We have continued with our work delivering and training youth workers and young people in peer-to-peer evangelism, mainly through online delivery, providing training for 1,846 leaders and young people.

The missions and evangelism teams presented at 17 one-off events up and down the country, reaching 1,178 young people. Together with speaking at festivals and residentials the total number of young people reached was around 4,000 young people.

Restorative Ministry

Our prisons ministry has focussed upon work within HMYOI Werrington where we have continued our work engaging with young offenders through our Bible Studies, Chapels, and one to ones 2,267 times with 225 young people.

The MyLife course has new been relaunched with a new website and brand-new courses in order to open its access to a wider audience. The course is being successfully used by groups and organisations nationally, to help marginalised young people develop life skills and character traits. We have continued to provide support and training for those working with young people in both preventative and resettlement contexts and have amended our materials and training to be accessible online.

Residentials

Throughout the summer of 2022 we were privileged to be able to reengage with festivals led by our partners across the country and had opportunity to share in various ways with over 9,000 young people. This ranged from detached work and engaging with those who would not ordinarily engage with us, through hosting café venues and seminar streams.

It has been a real delight to be back out on the road and seeing young people in an environment that releases them from their usual situations and allows them to be open to the transformation that only Jesus brings.

Touring Teams

Our touring band ‘The Sense’ has continued visiting High Schools, youth projects and events all over Britain.

Our emphasis with The Sense team continues to be working alongside students through RE, music and PE sessions, often being able to bring the teams own faith and belief in God into the lessons via time to share testimonies as to why the Team would do what they are doing.

The team is extremely proficient and young people benefit through the high level of professionalism of assemblies, lunchtime events and the way the team creatively shares their faith. After school events have always provided a platform for sharing the Christian faith, at the end of each booking an opportunity is always given for young people to discover more about Jesus.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

The touring team was in high demand throughout the year and engaged with over 4,000 young people in schools, and were also a key factor in several of our major events and festivals, leading worship and playing their own songs. It is with sadness though that at the end of August 2022 our touring team leaders believed it was the right time for them to step back from leading the band, and so for the time being we have now disbanded the touring team and will take this coming year to develop a new strategy.

National Volunteer Scheme – The Year Out

The Year Out scheme continues to be strong, developing and training those on the Year Out as disciples who are rooted in their faith and passionate about sharing the Gospel. There is a real emphasis being around ‘seeing young people’s lives changed by Jesus’. Our streams include ‘Prayer & Prophetic’ in which a Year Out volunteer is based in our national office helping us to push deeper into prayer, whilst also helping us facilitate prayer nationally. They are also plugged into The Year Out training programme and the community of the Year Out, joining with the others on the year at monthly HUBs and retreats. This has been a great place to share experiences and to build that sense of mission and community. Our other streams include Youth Evangelism, HomeGrown, Touring and Digital Media. The number of Year Out volunteers was 17.

Urban Mission

The Urban Mission Department commenced on the 15[th ] March 2021, with the formation of a matrix management system. The team to date consists of three urban mission pioneers who are integrated and work closely with members of the Local Ministries team to achieve the localised urban mission strategy of three cities: Glasgow, Birmingham, and London. The Interim Urban Mission Director also functions within the matrix management system supporting and leading the urban mission pioneers, the national urban strategy and localised urban mission strategies. Furthermore, they work collaboratively on the development and delivery of two projects which function within the Evangelism and Missions department: MyLife and Underground.

There have been successes and challenges as we have moved into implementing the urban strategy alongside culture renovation within the organisation. We continue to be challenged in many areas and will keep pushing into relevant areas as we seek to be more inclusive to achieve diversity and reach more young people from diverse groups with the good news of Jesus.

During the 5 months of the year we have:

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Financial review

Overview

Youth for Christ continues to fund and develop all our ministry activities. Our overall incoming resources this year were £1,614,196 (2021: £1,847,533). Expenditure was £1,893,397 (2021: £1,732,713) with an overall deficit of £279,201 (2021: surplus of £114,820).

We came out of the pandemic with a strong balance sheet. Following the pandemic, there was however a need to rebuild activity and re-establish our presence. This meant increasing expenditure. However, as the year progressed we began to see income fall and this fall in income, especially from Grants, led to the deficit for the year. We are always grateful for the efforts our staff make in raising personal support and their family and friends who give so generously. This remains our major source of income.

Reserves Policy

The General Fund comprises unrestricted funds arising from past operating results. The Designated Fund comprises those unrestricted funds set aside by the Board for specific activities or projects. The total unrestricted funds of the charity is the sum of the two funds and this represents the reserves of the charity. Due to the nature of the charity, the Trustees believe that for the coming financial year the total of unrestricted funds of £93,946 is sufficient for anticipated expenditure. Close monitoring and control of income and expenditure is being exercised. The charity aims to have reserves covering three months of payroll costs. After allowing for personal support income, and those posts funded from restricted funds, this equates to approximately £170,000. A plan is being developed to rebuild the reserves to meet the policy. This policy is reviewed annually. Within Designated Funds we are holding £686,564 which represents the net book value of the building and other fixed assets.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the Trustees see fit in accordance with the charity’s objectives. In view of the nature of the work of Youth for Christ, where monies received are used soon after receipt, no long term investments have been either planned or implemented.

Restructure

Shortly after the year end the trustees took the decision to restructure in order to make the charity more financially robust. This decision was influenced by the unprecedented current financial situation and the need to reduce expenditure to a level which is more sustainable long term. The trustees are focussed on increasing the free reserves, as mentioned in the reserve policy, to a level which will allow the charity, trustees and staff to focus on the objects of the charity.

The significant reduction in expenditure is from reducing the staff levels and approaching all expenditure with a more streamlined approach. With the information on the current levels of expenditure the trustees remodelled the forecasts until May 2024, taking into account the reduced expenditure and income stream (based on current levels of general income and confirmed larger donations), and building the free reserves to a more sustainable level; therefore the trustees still consider the charity has adequate resources to continue in operational existence for the foreseeable future.

Risk management

The trustees have a risk management strategy, which comprises:

The main risks and risk management strategies that the trustees have identified are:

Through the risk management processes established, the trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

Complaints

During 2021/22 we received no complaints.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Plans for future periods

In January 2021 we had committed to developing a new strategy around ‘confidence in sharing the Gospel’ with a real emphasis on helping Christian communities to understand their own role within the process. In June and July 2022, after a 40 day period of corporate prayer it was felt the current strategy did not go far enough in its reach, a far more robust refinement process to the strategy is now underway.

The working brief of the project is to implement an organisational restructure of all activities that will allow British Youth for Christ to ‘effectively serve local Centres and Christian communities across Britain to share Jesus with unchurched young people, through a team of Youth for Christ staff who passionately love God and the mission, who are using reliable structures to support the end goal of ‘seeing young peoples lives changed by Jesus.’ In other words to mobilise as many Christian communities to effective, relevant and holistic mission.

A project management team has been established with numerous subgroups tasked with research, shaping and implementation. The team is working towards a detailed Gantt chart, critical path analysis, clear terms of reference with a defined stake holder analysis evaluation. September-December 22 has been set aside for research and consultation (internally, locally and nationally). December to January 23 a proposed organisational ministry and structure change to meet the aims of the brief. February – August 23 will see a piloting and organisational restructure. The project team with its various sub groups consults through the project lead with the Leadership Team on a monthly basis, while answering to a steering group on a bi weekly basis. The steering committee consists of executive management and Board members.

The ultimate aim of the project is to ensure strategy, structure and resources are aligned to effectively provide as many young people across Britain with an opportunity to consider faith while meeting their holistic needs. Our focus is to restructure in such a way that British Youth for Christ is mobilising numerous networks across the nation through churches and local likeminded charities to effectively resource mission. By September 2023 we hope to move from piloting to organisational and missional implementation.

Structure, governance and management

British Youth for Christ is governed by its Memorandum and Articles of Association dated 15th July 1994. The Memorandum of Association was amended on 26th April 2000, 15th March 2006, 21st November 2007 and 30th March 2022 and the Articles of Association were amended on 12th March 2003 and 30th March 2022. The company is a charity registered with the Charity Commission, Registration number 263446 and the Scottish Charity Register number SC039297.

On the 29 March 2023 Mr K Wright retired as director/trustee and chair. Mrs S Godden replaced him as the chair.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs A Adewunmi-Oakley Mr M Bull Mrs J A Fowler Mrs S Godden (Chair) Mrs P J Joyce Mr R Kaul (Resigned 18 November 2021) Mrs D Mitchell Rev D Stillman (Deceased 10 January 2023) Mr J Vardy (Treasurer) Mr T Wills Mr K Wright (Chair) (Retired 29 March 2023) Mr M Gregory (Appointed 26 January 2023)

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Appointment of the Board of Trustees

The Board of Trustees of the company (hereafter called the Board) consists totally of the trustees of the charity.

As set out in the Articles of Association both the Chairman and the Treasurer of the Association are elected at the Annual General Meeting by the members to serve for a period of three years and on expiry of this period they may be eligible for reappointment. Similarly, a maximum of twelve and a minimum of three other persons are elected to serve on the Board at the Annual General Meeting and on expiry of this period they may be eligible for reappointment.

There are currently a total of nine members of the Board.

There are a number of trustees that have been in place for more than 9 years. We are constantly looking for new trustees however given the purpose and mission of the charity there is a limited market, making new trustees difficult to find.

Trustees are subject to review and re-election every 3 years. Board performance is periodically reviewed and we ensure that the feedback is used to improve board performance and objectivity.

Organisation

The Board administers the charity and meets at least three times per year. In addition, there is an Operations SubGroup that meets between these meetings at least three times per year to consider the operational requirements of the charity, including finances. This group consists normally of the Chair, Treasurer and at least one other nominated Board member. All Board members are notified of the meeting dates and invited to attend if they wish.

The Board appoints a National Director to run the charity on a day-to-day basis. The Leadership Team currently consists of:

· National Director Neil O’Boyle
· Operations Director Lesley Taberer
· Local Ministries Director John Hawksworth (Interim)
· National Ministries &
Church Resources Director Laura Hancock
· Communications Director Pete Hopper
· Evangelism & Missions Director Bob Goody
· Urban Missions Director Jas Aulkh (Interim)

The Leadership Team may attend the full Board meetings and the National Director and Operations Director attend the Operations Sub-Group meetings.

There is a list of delegated responsibilities specified to the Leadership Team and staff from the Board.

The Board periodically review and compare Youth for Christ pay levels against a range of other organisations and charities of a similar size and settle on a middle ground (i.e. neither aiming for the top quartile nor the bottom quartile, but landing somewhere appropriate in the middle).

Trustee induction and training

There is an induction process for all new trustees, including a job description, a list of key responsibilities and a Trustee Eligibility Declaration. In addition, it is a requirement that all trustees have an enhanced Disclosure and Barring Service check.

Auditor

In accordance with the company's articles, a resolution proposing that Dyke Yaxley Limited be reappointed as auditor of the company will be put at a General Meeting.

BRITISH YOUTH FOR CHRIST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

.............................. .............................. Mrs S Godden (Chair) Mr J Vardy (Treasurer)

Date: .............................................

BRITISH YOUTH FOR CHRIST

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 AUGUST 2022

The trustees, who are also the directors of British Youth for Christ for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

BRITISH YOUTH FOR CHRIST

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRITISH YOUTH FOR CHRIST

Opinion

We have audited the financial statements of British Youth for Christ (the ‘charity’) for the year ended 31 August 2022 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

BRITISH YOUTH FOR CHRIST

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BRITISH YOUTH FOR CHRIST

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

BRITISH YOUTH FOR CHRIST

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BRITISH YOUTH FOR CHRIST

Irregularities, including fraud, are instances of non-compliance with laws and regulations

We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the charity and the industry in which it operates, and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud.

We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

We focussed on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Charities Act 2011, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management.

There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.

We did not identify any key audit matters relating to irregularities, including fraud.

As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the trustees that represented a risk of material misstatement due to fraud.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and to the regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body,and the charitable company’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Ian Walsh Senior Statutory Auditor for and on behalf of Dyke Yaxley Limited

.........................31 May 2023

Chartered Accountants Statutory Auditor

1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA

BRITISH YOUTH FOR CHRIST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022

Current financial year
Unrestricted Unrestricted
Restricted
funds
funds
funds
general
designated
2022
2022
2022
Notes
£
£
£
Income from:
Donations and legacies
2
717,006
76,762
712,887
Charitable activities
3
106,613
-
-
Interest income
4
928
-
-
Total income
824,547
76,762
712,887
Expenditure on:
Raising funds
5
104,438
9,259
52,464
Charitable activities
6
929,380
121,771
676,085
Loss on disposal of tangible fixed
assets
-
-
-
Total expenditure
1,033,818
131,030
728,549
Net (outgoing)/incoming resources before
transfers
(209,271)
(54,268)
(15,662)
Gross transfers between funds
(3,204)
20,264
(17,060)
Net (expenditure)/income for the year/
Net movement in funds
(212,475)
(34,004)
(32,722)
Fund balances at 1 September 2021
306,421
766,549
378,643
Fund balances at 31 August 2022
93,946
732,545
345,921		 Total
2022
£
1,506,655
106,613
928
1,614,196
166,161
1,727,236
-
1,893,397
(279,201)
-
(279,201)
1,451,613
1,172,412		 Total
2021
£
1,765,590
80,896
1,047
1,847,533
124,494
1,608,168
51
1,732,713
114,820
-
114,820
1,336,793
1,451,613

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BRITISH YOUTH FOR CHRIST

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022

Prior financial year
Unrestricted Unrestricted
Restricted
funds
funds
funds
general
designated
2021
2021
2021
Notes
£
£
£
Income from:
Donations and legacies
2
907,603
112,587
745,400
Charitable activities
3
80,896
-
-
Interest income
4
1,047
-
-
Total income
989,546
112,587
745,400
Expenditure on:
Raising funds
5
119,790
-
4,704
Charitable activities
6
820,280
171,631
616,257
Loss on disposal of tangible fixed assets
-
51
-
Total expenditure
940,070
171,682
620,961
Net (outgoing)/incoming resources before transfers
49,476
(59,095)
124,439
Gross transfers between funds
(7,791)
40,140
(32,349)
Net (expenditure)/income for the year/
Net movement in funds
41,685
(18,955)
92,090
Fund balances at 1 September 2020
264,737
785,503
286,553
Fund balances at 31 August 2021
306,422
766,548
378,643		 Total
2021
£
1,765,590
80,896
1,047
1,847,533
124,494
1,608,168
51
1,732,713
114,820
-
114,820
1,336,793
1,451,613

BRITISH YOUTH FOR CHRIST

BALANCE SHEET

AS AT 31 AUGUST 2022

Notes
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Income funds
Restricted
17
Unrestricted funds
Designated funds:
Designated - Non cash
Other designated funds
18
General unrestricted funds		 2022
£
£
686,564
11,099
113,438
505,701
630,238
(144,390)
485,848
1,172,412
345,921
345,921
686,564
45,981
732,545
93,946
826,491
1,172,412		 2021
£
£
702,815
11,018
117,161
771,770
899,949
(151,151)
748,798
1,451,613
378,643
378,643
702,815
63,733
766,548
306,422
1,072,970
1,451,613		 2021
£
£
702,815
11,018
117,161
771,770
899,949
(151,151)
748,798
1,451,613
378,643
378,643
702,815
63,733
766,548
306,422
1,072,970
1,451,613
1,451,613
378,643
1,072,970
1,451,613

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on .........................

.............................. ..............................
Mrs S Godden (Chair) Mr J Vardy (Treasurer)
Trustee Trustee
Company registration number 00988200

BRITISH YOUTH FOR CHRIST

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2022

Notes
Cash flows from operating activities
Cash (absorbed by)/generated from
operations
23
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash used in investing activities
Net cash used in financing activities
Net (decrease)/increase in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2022
£
£
(244,692)
(22,305)
928
(21,377)
-
(266,069)
771,770
505,701		 2021
£
(40,139)
1,047		 £
165,417
(39,092)
-
126,325
645,445
771,770

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

1 Accounting policies

Charity information

British Youth for Christ is a private company limited by guarantee incorporated in England and Wales, company registration number 00988200. The charity is registered with the Charities Commission in England and Wales (registration number 263446) and with the Office of the Scottish Charity Regulator (registration number SC039297). In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office is Coombswood Way, Halesowen, West Midlands, B62 8BH.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

1 Accounting policies

(Continued)

The charity may receive government grants. Income from government and other grants is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Revenue grants are credited to restricted funds upon receipt and relevant expenditure is charged against these as incurred. Where grants are for capital expenditure, the capital items purchased are transferred into a designated fund, against which depreciation is charged over the expected useful life of the asset.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

1.5 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Fundraising costs are those incurred in seeking voluntary contributions.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 5% on buildings to an estimated residual value of £500,000 Fixtures and fittings 20% straight line Computer and other equipment 25% straight line Motor vehicles 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

Motor vehicles over 5 years old are written off in the year of purchase.

Land is not depreciated.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

1 Accounting policies

(Continued)

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13 Centres

The charity has a number of independently administered Centres, the accounts of which have not been combined with the accounts of British Youth for Christ as they are independently registered charities. Gifts from these centres are accounted for when received.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

2 Donations and legacies

Unrestricted Unrestricted
Restricted
funds
funds
funds
general
designated
2022
2022
2022
£
£
£
Donations and gifts
684,802
32,762
636,887
Legacies receivable
14,104
-
-
Grants
18,100
44,000
76,000
717,006
76,762
712,887
Grants receivable for core activities
CJRS Grants
-
-
-
Grants received from other charitable trusts
18,100
44,000
76,000
18,100
44,000
76,000		 Total
Unrestricted
Unrestricted
funds
funds
general
designated
2022
2021
2021
£
£
£
1,354,451
733,256
64,987
14,104
53,061
-
138,100
121,286
47,600
1,506,655
907,603
112,587
-
100,216
-
138,100
21,070
47,600
138,100
121,286
47,600		 Restricted
funds
2021
£
589,700
-
155,700
745,400
-
155,700
155,700		 Total
2021
£
1,387,943
53,061
324,586
1,765,590
100,216
224,370
324,586

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

3 Charitable activities

Events income
Subscriptions
Other income		 2022
£
32,771
53,293
20,549
106,613		 2021
£
10,984
50,823
19,089
80,896

4 Interest income

Unrestricted Unrestricted
funds funds
general general
2022 2021
£ £
Interest receivable 928 1,047

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

5 Raising funds

Unrestricted Unrestricted
Restricted
funds
funds
funds
general
designated
2022
2022
2022
£
£
£
Fundraising and publicity
Events & other costs
28,040
8,588
39,243
Communications
17,017
671
5,218
Staff costs
55,620
-
-
Fundraising and publicity
100,677
9,259
44,461
Trading costs
Merchandise costs
3,761
-
8,003
104,438
9,259
52,464		 Total
Unrestricted
Restricted
funds
funds
general
2022
2021
2021
£
£
£
75,871
16,360
4,704
22,906
29,007
-
55,620
69,606
-
154,397
114,973
4,704
11,764
4,817
-
166,161
119,790
4,704		 Total
2021
£
21,064
29,007
69,606
119,677
4,817
124,494

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

6 Charitable activities

Staff costs
Depreciation and impairment
Recruitment costs
Staff expenses
Material and research
Motor expenses
Property expenses
Computer costs
Office costs
Donations
Bank and other charges
Share of support costs (see note 7)
Share of governance costs (see note 7)
Analysis by fund
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
Support costs
Support
costs
Governance
costs
£
£
Legal & professional
22,556
-
Accountancy
2,773
-
Audit fees
-
9,381
25,329
9,381
Analysed between
Charitable activities
25,329
9,381		 2022
£
22,556
2,773
9,381
34,710
34,710		 2022
£
1,258,317
38,556
1,596
76,127
27,580
19,295
34,163
50,825
104,627
76,666
4,774
1,692,526
25,329
9,381
1,727,236
929,380
121,771
676,085
1,727,236
Support
costs
Governance
costs
£
£
21,286
-
2,773
-
-
9,433
24,059
9,433
24,059
9,433		 2021
£
1,203,425
43,569
3,328
30,921
5,882
9,034
32,673
48,881
102,544
88,922
5,497
1,574,676
24,059
9,433
1,608,168
820,280
171,631
616,257
1,608,168
2021
£
21,286
2,773
9,433
33,492
33,492

7 Support costs

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

8
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets
9
Auditor's remuneration
Fees payable to the charity's auditor and associates:
Audit of the charity's annual accounts		 2022
£
38,556
-
2022
£
9,381		 2021
£
43,569
51
2021
£
9,433

10 Trustees

None of the trustees (or any persons connected with them) received nor waived any remuneration or benefits from the charity during the year (2021: £Nil).

None of the trustees had any expenses reimbursed during the year (2021: £Nil).

11 Employees

The average headcount monthly number of employees during the year was:

Fundraising
National Ministries
Centres development/support
Church resources
Young offenders
Education
Support and administration
National director
Prayer
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2022
Number
2
9
7
7
5
3
13
2
1
49
2022
£
1,124,196
94,067
95,674
1,313,937		 2021
Number
2
9
7
8
3
4
14
1
1
49
2021
£
1,095,056
86,221
91,754
1,273,031

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

11 Employees

(Continued)

There were no employees whose annual remuneration was more than £60,000.

12 Tangible fixed assets

Freehold land
and buildings
Fixtures and
fittings
Computer and
other
equipment
Motor vehicles
£
£
£
£
Cost
At 1 September 2021
775,548
39,851
168,722
25,872
Additions
-
1,413
20,892
-
Disposals
-
-
(2,631)
-
At 31 August 2022
775,548
41,264
186,983
25,872
Depreciation and impairment
At 1 September 2021
144,730
34,242
103,491
24,715
Depreciation charged in the year
10,272
2,340
25,380
564
Eliminated in respect of disposals
-
-
(2,631)
-
At 31 August 2022
155,002
36,582
126,240
25,279
Carrying amount
At 31 August 2022
620,546
4,682
60,743
593
At 31 August 2021
630,818
5,609
65,231
1,157		 Total
£
1,009,993
22,305
(2,631)
1,029,667
307,178
38,556
(2,631)
343,103
686,564
702,815

All fixed assets are for charity use. The land is held on a 999 year lease at a peppercorn rent. The lease has 984 years to run.

13 Stocks

13
Stocks
Finished goods and goods for resale
14
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2022
£
11,099
2022
£
17,904
7,460
88,074
113,438		 2021
£
11,018
2021
£
1,072
38,124
77,965
117,161

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

15 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 2022
£
27,796
54,356
40,590
21,648
144,390		 2021
£
23,811
61,523
47,689
18,128
151,151

16 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £95,674 (2021 - £91,754).

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

17 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Balance at
1 September
2020
r
£
Operation Gideon Bursary
-
Local Ministries Development
47,784
Outreach
154
Church Resource Projects
3,972
Schools Work
23,387
Young Offenders
32,932
National Director Projects
21,888
Personal Support
-
Evangelism
40,389
YEC Conference
3,150
Communications
34,779
Scotland
27,989
Families Worker
15,518
International and National
34,611
286,553		 Movement in funds
Incoming
esources
Resources
expended
£
£
1,895
-
30,021
(26,596)
213,500
(12,700)
142
-
13,393
(25,822)
7,964
(25,550)
2,538
(7,409)
417,121
(417,121)
22,495
(22,278)
-
-
8,500
(359)
-
(12,643)
63
(8,104)
27,768
(62,379)
745,400
(620,961)		 Transfers
Balance at
1 September
2021
r
£
£
-
1,895
(6,490)
44,719
-
200,954
-
4,114
-
10,958
-
15,346
-
17,017
-
-
(22,636)
17,970
-
3,150
(3,223)
39,697
-
15,346
-
7,477
-
-
(32,349)
378,643		 Movement in funds
Incoming
esources
Resources
expended
£
£
8,351
-
27,242
(36,718)
148,000
(80,228)
1,328
(1,250)
12,840
(21,916)
27,979
(33,472)
2,114
(13,839)
422,756
(422,756)
10,759
(14,113)
-
(3,150)
-
(28,617)
-
(13,495)
-
(7,477)
51,518
(51,518)
712,887
(728,549)		 Transfers
Balance at
31 August
2022
£
£
-
10,246
-
35,243
(12,450)
256,276
-
4,192
-
1,882
-
9,853
-
5,292
-
-
(1,661)
12,955
-
-
(2,949)
8,131
-
1,851
-
-
-
-
(17,060)
345,921		 Transfers
Balance at
31 August
2022
£
£
-
10,246
-
35,243
(12,450)
256,276
-
4,192
-
1,882
-
9,853
-
5,292
-
-
(1,661)
12,955
-
-
(2,949)
8,131
-
1,851
-
-
-
-
(17,060)
345,921
345,921

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

17 Restricted funds

(Continued)

There are sufficient resources available to ensure that the balances on each fund can be applied in accordance with the restrictions imposed.

Operation Gideon - funds to help young people who struggle to raise support for their year out with the charity.

Local Ministries Development – this incorporates donations given to support the Charity's activities in various locations in the UK.

Outreach - to increase our reach in cities specifically in relation to young people experiencing the effects of deprivation.

Church Resources - this incorporates various donations for specific elements of our Church Resource department including Impact Holidays and redevelopment of our 11-14 resources.

Schools Work - monies received in order to support our resources website RE:Quest.

Young Offenders - incorporates various elements of funding to fulfil our MyLife projects.

National Director Projects - funds raised to be used towards the National Director’s work.

Personal support - money raised by staff from family and friends towards their salary costs.

Evangelism – donations received for the Evangelism activity.

YEC Conference – hosting of conferences which train young evangelists.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

17 Restricted funds

(Continued)

Communications – The aim of this fund is to increase the sustainability of Youth for Christ’s ministry through greater engagement with current and new financial and prayer partners. We will seek to increase our relationship with current partners to increase their engagement and commitment to the ministry as well as strategically engage in new communications and promotional events in order to recruit the next generation of those who will partner with us.

Scotland – this funding was given towards growing the breadth and depth of our presence and ministry to young people in Scotland. This will involve engagement with our partner base; more mission weeks with the touring teams in schools and planting new local presence through centres.

Families Worker – the Families Worker role is an innovative venture into engaging with whole family units through the young people who we see engage and respond at Youth for Christ events. The aim is to be able to equip the young person to be able to articulate and explore their new found faith in a way that their whole family can engage with as they discover God’s plans for them as a family.

International and National – these are funds that have been received by British Youth For Christ to support mission and associated Youth For Christ charities internationally and nationally.

The transfer of funds relates to the purchase of fixed assets and previously capitalised assets to the appropriate designated fund.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

18 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at
1 September
2020
r
£
Million Club
49,464
Designated Mission
-
Various
29,743
Fixed Assets - Non cash
706,296
The Discipleship Centre
-
785,503		 Movement in funds
Incoming
esources
Resources
expended
£
£
77,737
(96,611)
-
-
47,600
(44,200)
-
(43,621)
-
-
125,337
(184,432)		 Transfers
Balance at
1 September
2021
r
£
£
-
30,590
-
-
-
33,143
40,140
702,815
-
-
40,140
766,548		 Movement in funds
Incoming
esources
Resources
expended
£
£
2,150
(31,740)
57,600
(53,527)
2,400
(7,208)
-
(38,554)
14,612
-
76,762
(131,029)		 Transfers
Balance at
31 August
2022
£
£
-
1,000
(2,039)
2,034
-
28,335
22,303
686,564
-
14,612
20,264
732,545		 Transfers
Balance at
31 August
2022
£
£
-
1,000
(2,039)
2,034
-
28,335
22,303
686,564
-
14,612
20,264
732,545
732,545

Million Club - money donated to help us reach a million young people.

Designated mission - these are used in the development of mission, particularly in areas which would otherwise struggle to get funding.

Various - this is money for various small designated projects and for the development of evangelism resources.

Fixed assets – these are funds transferred from restricted and general funds once purchase of assets has occurred to allow for the depreciation of the various assets. The Discipleship Centre - these funds are to be used to support the discipling of young people.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

19
Analysis of net assets between funds
Unrestricted
funds
Designated
funds
Restricted
funds
2022
2022
2022
£
£
£
Fund balances at 31 August 2022 are represented
by:
Tangible assets
-
686,564
-
Current assets/(liabilities)
93,946
45,981
345,921
93,946
732,545
345,921		 Total
Unrestricted
funds
Designated
funds
2022
2021
2021
£
£
£
686,564
-
702,815
485,848
306,422
63,733
1,172,412
306,422
766,548		 Restricted
funds
2021
£
-
378,643
378,643		 Total
2021
£
702,815
748,798
1,451,613

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

20 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2022
£
7,166
7,100
14,266		 2021
£
2,529
4,219
6,748

21 Events after the reporting date

Restructure

Shortly after the year end the trustees took the decision to restructure in order to make the charity more financially robust. This decision was influenced by the unprecedented current financial situation and the need to reduce expenditure to a level which is more sustainable long term. The trustees are focussed on increasing the free reserves, as mentioned in the reserve policy, to a level which will allow the charity, trustees and staff to focus on the objects of the charity.

The significant reduction in expenditure is from reducing the staff levels and approaching all expenditure with a more streamlined approach. With the information on the current levels of expenditure the trustees remodelled the forecasts until May 2024, taking into account the reduced expenditure and income stream (based on current levels of general income and confirmed larger donations), and building the free reserves to a more sustainable level; therefore the trustees still consider the charity has adequate resources to continue in operational existence for the foreseeable future.

22 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2022 2021
£ £
Aggregate compensation 348,019 325,597

The charity considers its key management personnel comprise the National Director, and the Directors of Operations, Church Resources, Missions & Evangelism, Diversity, National Ministries, Local Ministries and Communications.

BRITISH YOUTH FOR CHRIST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2022

22 Related party transactions (Continued)

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

2022
£
Donations made by trustees
42,090
42,090
23
Cash generated from operations
2022
£
(Deficit)/surpus for the year
(279,201)
Adjustments for:
Investment income recognised in statement of financial activities
(928)
(Gain)/loss on disposal of tangible fixed assets
-
Depreciation and impairment of tangible fixed assets
38,556
Movements in working capital:
(Increase)/decrease in stocks
(81)
Decrease/(increase) in debtors
3,723
(Decrease)/increase in creditors
(6,761)
Cash (absorbed by)/generated from operations
(244,692)		 2021
£
27,569
27,569
2021
£
114,820
(1,047)
51
43,569
973
(42,519)
49,570
165,417

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