Charily reglstratlon jumbor 214078 IEn6laiid andWaI891 CtsMp4ny re9lsl¥ailon number01049516 YOUTH WITH A MISSION LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
YOUTH WITH A lsSIoN LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustee & DireGlor F*nry Benwell Clathe Chartes Lyan Green Johit htsllh&w BlWalte Yin5 Gor tdhthael LGr8en Pliilip James Leage Edvhn fftnald FIIUe5 Gl&omffla Cffjghi Vargas (Resignedon 18 FebFuary S)241 IApwnl8d an6JailU 20251 (lÉO on18 March 20241 CharSly numher (Englandond Walesl 2N078 Company number 01049516 P¥iNipal 4ddré8$ kfighfield Ambiose &e Harpeell Herts AL548X Reglgtered orrice YOUTHWttHA MISSION LIMITE[) Highf Ihal )br05e Le Haipenden Herts At5 4BX hllps..IlyBmRd.O1g[ Audllor SCS (Aceounlanlsl Ltd CharferedAc£ouniants 21 Sathllle Slreel A8n¢hesl M13LI 8ankers NaIla[WeS1METhsle[ Bink PLC 16Th¢ 800V2rd CiaYAey Weslsussv RH101XU
YOUTH WITH A MISSION LIMITED coKrENTS Page Trusteel report stste1O[T[1ee1 fy4JonslbilibÈs Independent811015 report 8-10 SLaLemenidrinandalacWeS StatÈmènlollnsndalwsith)n 12 9maThI of17 fi& 13 Notesto rsta[enl£ 14-27
YOUT14 V]IITH A MISSION LIMI fE TRUSTEF.'S RIPORT IINCLUDING DIREcfoRS' RIPORTI roR IIIE YEAR ENDED 31 AUGUST2Q24
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPORT IINCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Obleclive8, Slrateoles andA¢llvllle8 Chavltsblè ObjeGI8 IWAM Lld'8 primary Ghaillable 0.ed i% lo the Èvangthal Chilstian fa woildwld8 by such rnean5 as Ihk CoMk d618rmineg. TliI5 inrJudeÈ'. Estsbl1shlg 4 Rellgl¢)u$ Serv[¢¢ Organlsallon.. Piomuting the Go5pelo1ksusChri gEobglly. Supportlny Young Volunteers.. Offering seNce Ok¥)Ortunibes foryoung men aryj wom to dÈthtatÈ lhrgill5,1a1ell[s. and iesources toworld.wioe ml&Itsnwo. Encour2ging Ehlislillènt In Mlsslonary SeCe-. ReLwilkng vduTrleer5 tor nfjs4on woth In pth8rsh vriih YWAM 0er evangdaInrgBn1Sauong. InBreasing Ml551onary Glvlng and 5pport.. PmmolN)g mlssknnaiy wojects. khduéillg church bulldlng& 8th$, he3, snd orphanages. Buildiiig an InGlusive QroH4lstslioll.' Welcoming aiid eqwpping petsle from 811 b&kgrovnds 8ivJ walks of lile tr> prrAnol8 Ihe Gospd wessage through sere lo cammunibesin 11 nabontl and interTr81ionl context8. Pioperty Slewardshlp.. Acwiiing and n)an8gkng land, lIdin¥$, olhei 858eis ne¢e5saty for yo10n ol YWAII'S chartthle pJrp)se5. dlaih A¢iiwille$ Stralegl&s Ovmershlp and SlewArdshlp DfA$$ets YWAM is rts.'pollsiblc lor th8 tyNne15hip, slew2rdship, and Magement olits propty and olhei langlme and inlmgible assets. en5uI(ng Ihelruse supwrts bolh UK.based ènd InteEnaUontA YWAM mltistrles, Akeystratégy the In51n9 of the naMe'YouthWIthAMiÉs ¢AmI. lo¢nakntan shared values and puiposes aGiiJSS all YWAM 8nlltie8. conststency3nd vnltywlthln tho lobal YWMI [telrk. Stspportlng Daughler Charltle$' The chaTity 5UPPOrts a neiwork ol daughterChalIeS. and mlnialries by grantlng pethgsion for the u38 of assBts, i19 propty a InlÈlleGiuÉl pioperty, in alignment wilh ils core MiS$iOli ad ¥ae$. To safp4u8rd these resources, daughler¢haiilies' o¢tupyiig Lids pmperties niusl Ign man3gèm8nl agreements io ensuie the pioperties ale well.niau)18vied. wolecled. and upgr8ded 83 necessary. Ih ongoing support hèws daughlercharibes in lhélrmlDn workvthife Su{lng effectiveg0vefftan and stewardshlpof shared assels. 'D8wltser ChwRi& Slwwn 2015 and 2021, WALI Ltd wpptrled a hgtrl reslntdwing Ihsl fad6sverglopernlhnal lo¢81$ in England aipd Wes lo bgtoma iL¥l8pÉnd8nl cli81ities. England, Ihese inclde 9p.1]den Ill[g.li81d 1). IVune8101117ha Kutgs Lod1, LL)ndo4 Nolltsig FML Londo Efj CO1, Qmbiklg8, DeIby, cuckr1e (Hoknsled Al&ikwI, York. 71iesg we Rfeffed lo 'i¢aug1ty81 ¢Iriti&$.. w118 felalroDaty conneded Ihroughsh8redptsfpose vth, I1Y8r81sgty8fvl1648l1VtrndepÈosttI $Nlil#?swlhlheiroM govem&nc£ SlmGIu. Supportln9 Tralnlnu. Ev3nyillsm and Mercy Mtnistrfp5 The Chatliy partners wilh Youlh With A M55Yon Effj18lld CIO IIWAM England CIO) to sup[1 fts dau9htei th31iliÈs èTrd other aSSOGlaled thailllÈs lo raise awln$S of mission snd Ir8ining LVPDtiuNiies, Thls includè8 tra[n9 youllg peopl2 aTtd olhÈr8 Iijr Inv0Men1 mlssl( work and coMwniWdevdopMenL bolh withln UK Hiid OVEt5eas. The Charily gvpports mercy Mi$eS by patlnering wEth lotal churrhes. global ot9ani5ations, aiid tonimuTh1e$ Eo provkle rekel rtaveknpmeTrl agslstsnceto thosein need. RoUr¢é Mobi115at()n The Charlty collÈèor8tes viilh v8ttous olgasaIn5 io support overseas work. iring thÈ Prov0 LI¥8SreeS lo 1oweryxeCQnoM ar&8S 9lobèlfy and lacliiiatiTrg InleinaliDnal mlsslDTrlVOTk. Oy implementiivj the8e strale9& YWAM Ltd works towards fulfil9 ils t11atable ob]cttwes, on adv¢) Chiislan 181 tlwough MI891, Irainlng, and mercyrnlnlstrEs.
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUEDI FOR THE YEAR ENDED JI AUGUST2024 pu1( Benefit ITr shèp19 our object$ and pknnl)g adilieS. the trusiBe8 have con&ered Ihe Charily CoMmon'$ giirf1e on pubkc b8n8fi1 Inclding"PUblIC 8enefil.. RUnng a Ch8rfty- PB2'1. The Irsle8S tonfm c(uwlan¢e with SecOn 4 of thE Gh115 kl 20YI and ih8t all planned wJiMli8s conlrihule lo e achievement olYWAM Lld'5 Chatable purposes. YWAM LIO wpwrts 0jmmun1ty4oGt aL¥OSS Englaid, e8oh Independenuy m8iiaged yel ligned YWAM'scomon puipose, IJÈS, ld b¢ets. These MiniestOr1UQ io address local needs effectIve. C118rily 8ko supports YWAM'S g4obl wonk by providing iesource8 to inlÈinaknna les. 11 18 parf ol a wk1er 1k-YWAm Intern3On81-wthCIl re(nits and lransvduTrlee lormlsslon wolldwe. E3ch enllty in thls nalwoik 1$ outonomous IalY indepeJdÈnl IMM YWAM Ltd, YWAM UK (harf5 Cuirently5Pp0rt 8pwoxlm8lely350 Brillth wlurleers seng overse3Si ProvIng advice on tax, Insurwce, wehre mallers, along brieliiig and debTrIng se$. Tha Charity iEmans p8rticu18rty commilled io Éuppotbng rtfugee etfotis acioss EuropÈ and Ihe Mldthe Easl, indudino Syriaii rélugee aid. YWAM Lld has ai%a tthlinued lo prowde fin8llCi81 support lo sÈvÉf81 YWAM loc8n$ lerndOnal. Fundraislng Sland4rd$ Iiiformalion An fuTrdraising ig done Iii house fjGnd nol ouls0urd lo any prole8081 fiiiidiHi%ers 01 comeicEal parfklp8tw& The Fundtatsing Regvlal holds IhÈ Code tsf Fundraisin9 Piactice for the UK. We lollw ile Fundsing Reoulalor standa5 forch8rilable fundraslng, ensuiing Ui31 ourlunrfrskng isr8$, open, holle51d accoUrtiae io the w.The Chailtyhas rnl knowinglS11¢d to G(ryIyv1h the stand¥6sol prac1e. Tho Charity h85 nolreceb yCOtPIaES regaTdln9 llsfundr81sing efforts In Ihay8ar8n6ed 31slAugusl 2024 orlfj Ihe thte ot 'S repo In all ourpo11&S and piédlces, we have not &tively ugh1 addillonal daia that is nol alre In IliÈ publ domain. We only retord data Thal ople opt lo pr(N]dE io us. It Is otsr polw not knowi1lY io wi8¢1 pEisoTrs over a cer18in aoe. Our communicaloll prog[amE Iocus8s on less intrusive types of jMmUnIta1, IOF m9. ern3il. Ojr dirEd mail tp4j5 are rninimal largeléd. ljl lllrKlr•sg requèsts e passlva aswÈdond run lat0 fo01 1ekphon&cp8n$. In add11, wlih IhÈ Inlroduelion ol GDPR Iroffl 25th M8y 2018, the TtheS have. iemewed , where aFyioprial6, r8VIs poll¢l8s o¢edure$, ir%¢lud¥w dalawlu. cotnplaints procedwe, dala IraTrsler. the unklemenl8iion d thÈdala subjects, welerences. IDveslrneiil Policy and Performance The ItUske5 have coJisid8ied IIiB ThQ5t approprfaie wllcyfor Iwesliryj lunds aiid hava found thal depo a¢twrnls nK*i ihdi iequlremenL% lo geiieF&le 8re3s0nable reiuin willi s9ctyiily tapilal aiid easeof eSS.
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPQRT (INCLUDING DIRECTORS, REPORTI IcowfiNUEDI FOR THE YEAR ENDED 31 AUGUST 2024 The Charity's income wasEI.468,og6 (2023.. t472,5131 and Its opwaling expendltvrÈ was £824,83212023.. £519,145). resultsng im a Surpl£ 0Tr11s operalnS0f£643,264l2023.. DeficilE46,6321, Prlii¢ipal Sourc8s of Income ThÈ Charity's sources ol Income ate fvoush voljnlary dwaikns of £647,288 equ21es lo B3%12023,. E324,049, 74%> ol btsl Incoine. 01 Iliese volunlaiydonÈlions, £647,288 or71%12Q23.. 250,0 0169Y.l Es wuiin Q&sign8ied ld8. Another malorlncomÈ source Is Charitae aclitrilles ir6ime, whlch lolad £128,902 17% 01 tolal Inc612023., £113,436, 26%), £108,3?O Po.. £108,334) cam8 from The Irrtl unieslftcled Income was El,468,09612023.. £222,597). £1,48E,24O was des1gnaip.d to mah objec8 11 É1,283.724 10 illlnls1iS arid projecis leo by Youth A Misn Eiigland CIO, and 21 £182,524 to Ihe ongoing and fulure d2veloptnenl of Ihe Highfjeld Ov81 HaipeFwJen sile and iw0axi5lg wop2rties based iii SÈe nole 18 (Ore del¥iL%.. Expenditure The main operallng éxpendituto during the year w8$ on misslons, mlni51rie5, and convnunity prqeds. The lot81 amounl was £584,466 or 75%ollold chatttablo txpÈndliurts P023.. £282,925,65%1. £Nllwas £penl Irrll IhÈ restrici IMds12023.. £249,297) See nDle 6. aharily ¢apitsllsed £55,31912023.. t158,5931 costs rdd lo the operatlng site5 d8wlopmenl. hcluding t,39 IW2J.. £149,76310 assets Uer ¢onbiruc'.ion dl Highfield Oval H8ipeiiéeii siie, £NA12023.' C9.8301 on iwo Loiidon pioperties ren(WaonS See note 20 moredeLals on Iranslers. Golng concern A118r Maklnfj appropriale eNulrfes, Ihe Imstees have a wsonable expecldon Ih81 the company h33 adeqvote resources to cothlnue operating lor Ihe foTseeable luiure. For r63$¢n. théy Goryllnue lo 4dopl Ihe going concern bast9 iu weporing the financial statemenls. Futtheidel8ls reg&rfng the otlhegoin9concem basiscan bptound in theA(GoMtiw Polxi RegeNe Pollcy rhe trusiees Iiave eslthished 3 Fo1Y lo keep a minimum ol uniesbicled lunds. Tliese ar6 lunds nol mnn¥lled or lTrvesled ID a5sels 11.e., Ihe free iesetvesl. This pollcy is Iii lin& wilh I4 spirit Ind elhos ol Ihe knulldlng PUTrKse5 of th8 Ch8rity. Al th8 year-end, thè Charity hdds, as showii In no18 20 , freè rèse4WÈS tolalled £2.118,36812023.. £324.4161. As Cliaiity has de5ignaied lunds for ils chartlabl8 88. the reMTrIng 8wnlrntexpendilU1es are gen¢ivJ managemenl admin costs, loaN interésts depièclalion, The lokl general n13Trag21nenl and adrniii exwses vJ2re £2g,601 23., £8,802>. Total b211 Inieresls aiid depreciation cosis were E170,4QI 12023,, £188.3251. Thp. freereseps ainounlis imund Éle lifftÈs ollliese annualcosts, whlcli I$81dered Èuffi¢ienlby Ihe Iwslee5.
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 StfUGlur2, Governaiice and Managemeiil Goveinlng Docwmenl and Body The Chaiity is reglsiered as a charilaE company limlied byguaianlee. Ilwas eslBblished by a Mernorandum olAssociall dald 14 mch 1972, whh was amended 18 July 1998. 'fhe Ch8rity's objetts and powors 3rE sel out in Ihe Meinorandum of AssDc1ain, Whi IL8 govemai¢e15 gtyefflEd ty IhE Amtcles OIAssooaliDn. The p¥erning body of the Charity is the Board ol Tm51ees, Ythe 4$0 serv& as direclors under the CompaniesAot. Aleihod Qf App¢liilmnt or Ele¢tlon Of Trvslees Given the tan81 nalwe tsf lh& Chariw. Itues we lYpIRY kleniified IhrDugh IhÈ nehvoiks of Byisling Irvsle.eJ Ipsdp.rship, ènsuilng allgnnienl I1 the Charfty's valves and expert15e needs. Each truslee rettives M Indli0n that IIKILtdes a ffleEling th8 Ch2ir and Ilme with In8 Board to ask qUlnS and undèrstsnd the le, Ongoing trainlng is p¥ovi6ed Iliiough seclor updal8s th rdevanl Under Mides olAS80cialn, Iruslees may ap¥11 suitaNè indMdu01s lo the 8od. sub]'e¢llolhe Maxi1 Nmber alkWd. Appttled iw8lees fflu51 Tel¥e oistand fordecuon at the nexlAGM. 04hIrd ol th Irustees reiire byiotsllffi HI eath AGM gr¥J maybe iele(ted for luMhÈrlhe-YÉ6ItemS. Governanee and 0rganlsal1oal Man8geiKenl Youth Wlh A Wissbn LlmllÈd frwAM Lldl * govetneLI by a board olllon-exeGUtwe tfusLees who 2re resp(S7b1e loi th& overall st¢wardship, 51ialegl- Ovegl, and goVnanCe ol the tharily. The oroanSsaliDn does nol e0Y slaff and does not engage in dry-tolay minlslry aaibili8s. Ils ro hohl and manage propety 8Trd inl8ngib18 as881s lor th8 benèfit the wlderYWAM movÈmÈnl th the UK inietnabonalty. Board ovm$ man48menlofYWAM .$ assets, ensuring they ate u8ed etfecbvely and h IrMertttYWAs mlon d Volues. Ilils Includes prcpwty stewardshlp, thè us& and kcÈnlno ol ihÈ Youlh With A MissiDn IYWMMI. Dame and Iradematks. and support lor nationaH&vel iniliabves. The Boaid lso fotmulale5 slralegic kqans 8nd monilois fin8n¢ial mthrs lo Énsure ihe su5181nabilty and lllle91ity ol IhÈithariVs asselbase, The Board fneets al least Ihiep Ihnes a year ID i9eW finanLYal mattEts. as1 use. &nd strgtegk Whle mlnlsty deil$kn5 delegèled lo olhei operalb)1181 YWAIJ bodies-prmarfy IWAM CIO and daughlet cliallbes-lhe Board eii8ure8 Ihal 811 SUGh deClOnS reiiiain Irgn2d wilh IliebrorYWAM &01]. As apropety-hokfing and magen)lI etibiy, YWAM Lld has limllÈd InvoWm2nlln day-tolay d&lsion-makuig. dedsions requirt colla[all)ll been TrWAM Lld, YWAM Engl8nd CIO. andloi daughter ch8ritie$, IhE 80)Id forms sub-Gommlttee5 with spe11f ierms of reference and egai&d fJntdons. Trusle2s Trwesentin9 Ihe Boaid patiKipale in these b4)Jmmillee5 to en5Ute accouniabilily4j dvJnrnentwilh the Chly'S govefflance resPObIlities. Rlsk Management Risk managemenl Is a standiTh3 iioin al each 808tO meeling, the Cliwity's regisier Is mainln& a5 a Il¥e dotrumenl under wular reviEW. Trustees recel¥e 8 summary ol any chiwes to Ihe reglsfer at 0$1 Irterry-Or SODir If a Sigifan[ Wenli81 risk aiistt¥-and COUG1 a luller r¥thewof the iipjaled reglslera1aSI ty1¥aYe. An annual r6vM of ty$ dl Asks ¢he Cliarly fa¢es 1$ al%0 r.airip.d out, Ideniifytn9 Ihe likelihood and potenU Irnp8cI ol eacli rtsk, alon9 ilh apwopriale mlligaling acfions. The Ilusiees continue to iew¢w 3n& wdale ieleyanl policS on risk Ilen81 t1r0[s, èimln910 MI[1$ exrN)wre io tlh51[ate operalTha1 ii..ks.Whilelhe BDaid Is sa151EJ Ihal m4or Fi5ks havebeen Thil31ed as l¥[ as praclrable. ilrecognises knieifial syslem$ C2n provide reasollabwèul nol 2bsokntc--assuranco rL%ks aro Èffectivdy managed. Th8 Chaity Increased11s engagemÈnl I1h Its inSw8nGeJFd lo SI[EIhen loimal dsk Maement wLKe5ses and benefit frofti lailLY Iiwning ynd ddt&
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Plans loiThe Fulura 11 Is IhÈ Boards retnit lo eDsuie the ongoing inlegriiy and el(eclivenes8 al the 8ssels and ieswrces under Ils Charge. We wll Iherefore conlinue lo wotk Clo$È aiid ctsllabotab¥ely in parlnèrslup with other YWAM minisbies io make best Use il oui piopertie5 for Ihe trust ch8ri18b puiposes to the aeMl0[ IheYWAM gols. Inevilthty In meebng Ihe er lll¢tÈasliig prac1[ and sriiitul nd8 laced by boih tlie. nation th6 world more gÈnEraNy, each ol the YWAM ministries will requlte greater 8nd Mole. effe¢lth iesources lo support bDlh establislitd and luluie pioneer# wotk. Thi5 will w8a18r Inve$lMenl In both exisbn9 and giw nEW propertle5, min9 IhÈ YWAKI Minis8$ rmre able to lulfl ch3fitable p0$e$ whlle ha%ryng Ihe capaclly, c8p8bllity and flex1lIty lo m&elboth CUTrenl Jnd lul4r6 ne8d Wp ore to ¢olab018bvely expkniig new Srd partnpring mÈlhods io achth Ywmls lalh uokn whelhu ihmu funLtraising inllknilves. piopeilyreslrucluiing, as5elpufc118ses and 58les, tIldIng improv8mlS allurd4b1enarncIng stu¢lttrÈs. We wlll conllnue lo loslet exclent reldioiishrps wthin the YWAM ol min151fiÈs 3nd prixnote k81 praGlioa in IhÉ stew8rd8hp ol cw properiles. We also ensure th%1 the tx) tskes lull 8Ctounl c4 the revlew olwuking &rangemenis and agreeinenis when Ihts work Is cluded. We wlll alÈo M8inlain a reuuibng styglegy loi Iruslee5 that lakes I1 accounl ol e areas of eXperse eded lo en%ure th8 wellbeing ol wra88elpfjrtoko ks iÈlav8nce tr) the ¢hary9lng need$ of theYWAM nlnis*ri£
YOUTH WITH A MISSION LIMITED TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR EAIDED 31AUGUSY 2024 Slaiomontol TTU51oo'¥ 1¢. Ih8 Ttusloo'$. Yhio also Iho difW,ittr$ ol YOIIIH WITII A IAISSION IIMfTED purwgg DI rA)mp¢Yly Iw. IDI piopaiing iho Tru9S fiBP]Il &nd Vi¥ nalI¢j3[ sl¥lonionl& in WdJI 111 ¥plc¥tl# lJ U118 Kiiiudoiii AcmJnlinO,4lld& IL)Iiltsd Kli19dn ei¥iidrallykn¥lilotShcnI1nYPFl¢tsQ0). l.w r&FiiJliiik riuleI h pFeyr slalRm011Lglor Y011 fwhhth ge and l#ii vlth DI lh8 51810 ol aflalis I lh9 Llinrity al DI Iii(www iipplicalithi ieswuJ4 Ili¥ knttoii',B Trlrendluig. ol Uio thaTr13blrcoiiipany l¢x th1lyow. lil w8pwno UIuEvfinan&al $18témBTils. Ih8T(Iiqeo$ iffjiiNed lo.. - $de¢l 91ilableoUnU0 thon apWyllm(uIsI¥nly'. i>hsoi¥• thB 9ndp91•S1r[1lItsc171i1SSoRP,- m9 judq¢inBnls 8nd rlIMat?$1hl Eto[eal8biO and wudonl., . sl$l• th8th81 èppircé UKknuiillng S19ndS hw¢ b¥en folkNed. Io 8ny ni[17 #rid Fn . PIOPlt1oIO f11&)1)n1SQIi IlDNcOncvrnhgUn[ossII IBlnitvrok¥ldo thal Ihgchardy tonlnw Inoporagofft. Ilio Tru$ieos ale i$sffxm&lllè ki keeriw 011J tho1 rfisdosg yAlh ieagJnth9 al dm8 ttie Itwlal s11iDD ol and ¢n8W8 enuKfS Ih21 fin lieVjfiIS c(¥npty Compantes Aol 2. Thoy ale ¥V resb[0 lor safegu8rd0 owls Chatsty and hETrl¥ for lea5fjnab slw>5t(x IhD 8nd dole¢&oTr ol Iraud end Tho $le£S aio lor TrnIOnl¢S and Mil ol Lho coipoièlè and fin.iTrdAI on Ihg r.h8filablo c¢Mpy,S wsbsilfi. LIV>110 Iii Ihè Unilad Kingdvm tyjvoii1i IhB propar11n and dl&sgnlDaUon al 8081 EJEmeIS niay liff8r From Iegldob In StstsMpn¢)$ttsthodl8¢loJuro DI InlDmiUontoAudllor8 So l•r #s Tfvl£$s Jt&4Wgre, thèie Ig Iio Iiilorrnafjon Iho klitois uBiinwwg In097 T$180 h4518ken Hll Ihn %18psih81 Iheyoutyil to haye lak8n & a fiu$18011? Ihorn mFyof any rek¥2111l InftsiaIIOn wd10 98bsh Ihal iha chafilahle 2udilor60fe Jwwpol IhalinloitTi2buii, IdlioTJ A 1ew1uLI w,11 b& ond 31 Ilie QgnBtel Nlieeiiiw lh 8CD (Acc(rtinlan161 Lid t13ppolnied Bs wditLYS ol Iho ehalily1 ihg Enw1Doyg0r. Tho r8Wrt ol Iho diiorAors hes booii y8pa19d lakliio a4[0 ol Ilie umpanlvs, Èxompllon ol s8cln 41frfc4 Iho Tho TlustoosyppV1dlh8[Ew on anil doidoii Ih6ir th4bI t2f- Charfos Lynp Grtsen tTru&ttyl q_Og-2025-
YOUTH WITH A MISSION LIMITED INDEPENDENT AUDITOR'S REPORT TOTHE TRUSTEE'S OFYOUTH WITH A MISSION LIMITED Wtt have adIed the fin8n(#a statemenis ol YOUTH MTH A MISSION LINIITEO (tlie'Ch1abI& companll for Ihe yesr eed 31 hu9usI 2024 whlch coinprls& lh8 Slatemenl ol Actsvili85, B8nCe sIet, Gh flow siaemenl aRd noles lo the flnanclèl statements, including H summary of Significant a¢¢ou.Iliig lI¢l&s. The final11 reportlig Irarnework th31 has been appld Iii Ihelr rKep8ratson is appb'Eabk law 8nd VnilExI Kln9doin Accotinting Standard5. In¢ludlng Flnandal Reporting Slandard 102 Th8 FiTran6ial R8poJ'ng St8iHlafd $ppM.8b18 th Ilie UKandRgpubfic or118(unlted K9d¢ GeneiallyAccepledAttouTrling Pracllcel. a true oThd18irvwY ollhe s*81e ol ihe ch3[ilab 8ttairs & $131 Augu$l 2024 Lllis in¢omity resources and appliralion oltesoufcesncdIllg ils inwm¢ wd exwllditute, loilhe year Ih¢n ended,. have been wopÈrfy wepatad In fjGCOrdafit1} Unlled ldorn Gee[aIArtÈpi Accounthg Pia¢il¢e,' and have been piep8red In aG¢Qrdan¢eth the requ1MeLs01the compan1e$AGt2Q(. Ba$1$ ltsroplnio We conducla our 8udll in accordance viilh Inleinatton8151andatds on AdI1}ng IUKI IISAS OJKII and appllt£b18 law. Our re5wnsl1[tles re1 those s&nd¥rds are further d%ciibed in Ihe AutIOrS lesporn5lskJrllP8 a11 olljie fiTranGialslatem8nts 5ecllon ol our reporl. We ére Independent ol Ilie charilable coitvdnls &kniis accotdanG¢ wlth Ihe elhical [equieIS th81 are relevanl ID our audilollhe financi slalemenls in Uie UK, Including Ihe FRC'S Elhlc$l Sland8rd. and we luyilled oui 01[ ethica1 &polI$1bl1lles In accordano wlth ihese requirement& WÈ baLe thalihe audit evklencewe haveibtained Is sUfflCnt and appfopriale lo widea baskfoiourwlnlon. Ctsn¢luslos ifylallngto golng concern audlbng the finartlal st8Lemenis, we hwe wncluded th81 th8 Tiu$lee% use of the gng NCe ba51% of accNnllng in IhÈ yoparauon ol Based on the wort( w¢ have perfoffted, we hawB not Id8niitied nwierid un¢ertaIleS rekong io events or conditions that, IndivkSua1ty or ¢ollecbvety, may caslslgn1fiI1Oub1tsTh Ihe Charity's ¥l)ilttylo cantiiue as o golry cijncem for a peri of allèaslwwe nnthS Ihg financ1al Blalemen15 aro authorised forissue. Ir8spoNslblllU8s irKS Ihe p&illbe30f the t(UStee wllh rped10901Trg (cern arede8cllbed in Ihe relaSeIn$ of thL8repwt. Other Inforffl&tlon The vlhar In1MatioN ¢omprlses the Inloimthon w62d in Ihe Truslee$' wnutl iepoti, oMpiihHn ihe fiTrancl31 slalemenl$ arvj Ixw 8udiloV3 repori Ih2reon. Th& Iiuslees are responsible for the olher Inlormalon conlalned wllhin the annual report, Ovr opinion on Ihe financlal siaiemÈnl$ does nolG)verlhe otherlnfomation and, Except lo theexlenlcih&Nlse explwAIty Slot ID our18POrt,we donolÈxprÈ88anylorni ol agsurance conGlusbJi tIren. OUrteswlIlty Is lo rea ihe olherinlormallon and. so, eonsideiwhelhei iheotherlnfoTmabon15 MalerllY inconsislenl with IhÈ finaN•al slalerneil5 Dr our knowled98 oblained in Ihdcouise ol Ihe audit or olhewi5e appP.1 lo bE IleallY misslalpd. 51 we idenlfy siich maLeii31 IncDn$istenEiES ci appaiwl rnaierial mi13¢2menls. we are requiwed lo dule5mln8 whÈlherlliis 9lves rfse to a nialeri31 mitslaleinent in Ihe fjnant181 slaleinenis themselves. 11. btted or4 the ik we performed, we tonclude VialUiÈre is t Misstalement Ih&s other In1mlO,we are required to r8pori Ihai laGI. We hwenothirwJ lortkn thlsregth. Oplnlons on hr m211eis pre$Dribèd by Ihe CoMpaii12s Act 2006 Inouiopiiuon, basÈdon Ihework undetiakeo In IhÈ¢ourseof our audk.. the inlom121h)n gDien in the TiusleÈs' Reportlorlheyeai dIlig 31 Augusi2024 forthe 11n8nci3ly[fQrWhIch thè financial slalemenisaiepieparÉd i%cor+sisienlwiih IheflllÈnda sl8iemenlS'. an the Trusle65' Report tor the year endirng 31 Augusl 2024 hès bÈ&n pr6pated kn accordan vAth 8pplk8N6 legal tefj#ipineThl&.
YOUTH WITH A NISSION LIMITED INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE TRUSTEE'S OF YOiITH WITH A MISSION LIMITED Mailers oil 11¢11 we arè requircd to report by Èx¢eplloii In the Irghl OL Ih8knIÉdOÉ and vnderst&dlng ollhe Chaft wd its enthronmenl obtaknEd in cou188 ol audl, we hwe nolid8111rf1 MailaIm1ss1a1cmls IhellrÈ¢tl, IncIA IlieTwstee'$ rep. Ws have lo reptht In tÈspeclol lollowlng rnatleN8Sn relallon b)whKh the CutnwlÈSAc126 requlrè us to report loy il, kn our nlffi.. adeqvaie 18cords W nol been kEpL orteiums 3dequaè forour aiithl have not re1Ve Ir LYanche$ ndiv4ilerlbyus'. or I1 financi21 ststeihents wemol In 8gieemenlwllh Ihtt acrwiillng iecords: dls¢105uRsoltrusiees'iEMuiieIal speGified by kware nolmde,'oi we hae nol re¢eiwJ al thÈ hlorm3lion andexplanaionswe requwe lorouraudil. Ihe Twslees were nolenlilled to prepare Ihofinanual slaiements in a¢¢otdancewith the 5mll Coffles regime and lak¢ 8&48nlaJe ol th4 small conipanles, exempuons In prwaring the frusie8'S lErt and liom the tEqUiFernelll to wepwe a stralegcieporf. Rtsponsl1itleg oITru¥tee'¥ As expEslnedmoie lullyin lh2 Itustees. responlbllilks stalem8111 SPI out on p8ge 8, Ilie $1$s, Iwho ate also the dirtttors ol the ch8ri18b coinp4ny loi the purposes ol cumpany kwl are r&gpon$ible lor rhe prcpamtion ol the finCial sldE&fflenls lorbeing &absf that Ihey gfve a true lyir Mew, and lor such Inleroal control as Ihe Iw%lee.s' delermlnu Is necessary Lo eae wep8iatiLW of finantl statennIS Ihat?re Iree Ifom nialeal mlssiaL8meN, whelheidu8 lo Iraud a[ror. In Pre[9 ihe financi 51alÈmMts, the Iru51ees' are re5ponsibk for g$SsEn Ihe charil8t46 companls ability to conknue as a Ing contem, d15closingr as ipplicable, maLlers lated 10 90iiig eoiiorn and usiny th6 gng conGern ba3ls ol ¥teth)uniin9 unk55 the Irstste4s' eilherlnlend to Irquidaiethe tl2rf1ab COrnPMyDr io cease0pei&ti$, 01 h4vÈllo realislic alietnative bullo do su. Our aectiVeS are lo oblaiitr 18asona assufante about wheiher th& sl8temenls as a WI16 tre free fr Malerfal mlsslaletwnl, vthher due io Ifaud 01 Brtor, anl to issue 411 Il110[,8 report Ihal iiicludes our opinth. Re3sOnab a3sur8ftce Is s hlgh Ve1 of gssuTrnte, bul is not a guaranioo that an audll In accorlance wilh ISAS IUKI will a¥y8 deletl a fflalerial mi851alÈnient when il es[S. Mi54ialements can adse from fraud or er end are cOnsere ntell£ll1, Indkrydually or in the aggie4ate. Uld rÈasoNabty bE èxp2cled to InftuencÉ Iheoconomlcdetisions oluser$ lak 011 the baslsollliese finCk91Sttenients. Irregu18rities, including 118ud, are inslances of n0n-conllA1a¥ with law5 regulatn$. We design proceduiès In Ihe 7th responslblilies, ouuined ab. lo delecl tnaleiial mlislatemenls In iespocl ol iiiegulaiibe5. includlng frwjd. The exlenl lo piocedures are trapa oldeleciing iiregulalil5, incluLlng liaud Is detailed beknw.. Our was as ID!hws'. we0blaiO unders11 olthe and regulalorylramÈwoik5 thalare apF1able UTrÈeDIty. We comw,unicat8d ilenulled laws and regUlonS and poleniial liaud risks lo all engement aIn members remalned a¢rt Jny IndlGdliDll5 of Iiaud or DoNompliÈnce wilh law$ and w9ufaUons roughoUt IhE avdil. W8 e1Thed Attd dlscussed wl m2n8yem&nlanyknuwn orsiispected insi8rtt5 of Iraud orMn-comFlbThw iylh laws and rÈgulalions. We a5se55ed the risksotmaleiid Inisstaemenlin spe Df as folknis.. The wdil leaii discussed whellErlhere were anyare3s thalwere susc8pbbl& io mlssiaiemenl part011hr1[aLyj di&srt. In 3ddressing Ihe risk olmanagÈmÈtbt QVBiiide olcontsol$, we iesled ihe approprfklÈne$5 djouin81 entrleswlth a lows on large UIIUSU81 baiisaclions based on cri18rla delemined using kMvAedge of Ihe ganIsatTh and industy, W6 ako challpii9ed aUlptIcS Bnd judgemenis nde. WÈinmuialed eenIO[UrIpred1(tabl1lty in the seleclhn of Ihe t9 al extent 0fraudi1 pirtedwes. Be on Ihe r8yJlls 010rI15 assessmeiil W&dè&gId Oursli1p10cedugltt tilY and to 2thié% tnaLeilal mlsstalemBntsin telatioTrlofraul. IrKIL¥Jiny bribEryand complance. misslatemenl in Ilie finaiiGial 51alefflents or IlIp118TrCe reoul8ln. Thls risk increases the mre Ilial Mirpllanca wllh a law or regulTh Is temoved Ifom lic evènls Ir8nsaclions ¢neGicd in ihe fin£iKld $lèlÈmwils, 3s we VAII be IESS likely lo becoma awaie of ins13nfjes ol non<omKdi3nce. The ri8k is 4L%o Jro8ler fegarding irt4ulaTilies occurr¥ig io Iraud ialher 1118n s(tor. as fiwd irsvob Inlenttoiial Concealm1, lugery, tollusron,offlission or mlsieweseniallon.
YOUTH WITH A MISSION LIMITED INDEPENDENT AUDITOR'S REPORT ICONTINUED TO THE TRUSTEE'S OFYOUTH WITHA MISSION LIMITED A rU1erdeseption of our rew1Trsibililies the Hudl dlhe nnancial slatemeiits Is Iwled on the Financ1 R4Y)n0 Councl¥websiie Èl www.frc,oo.ukl8udllor5re5PQnslbillies.Th15 dEsciyIFoD lorms parto1owaJEloi'S part. Use of our reporf Thi% report is made s)1Y lo the ch8gilable companys m8mbers, as a dy, in Cthffjier3 01 Part18 ol the Companies Acl 2006. Oui 811(fil vdork has been undpJigkeTr so lha* we mlohl slate to the ¢liarilable wnptThy's meinbers ihose maliÈrs we ar8 relre l( Slate lo Ihern 2n 8udilor's iepotl and for no olhei piirwse.To the li1.st Èxlenl permitied by14w,we dD no18cceplor855titne ieswsibility 10 80yonc other than the Ghxrilable CoMpY and Ihe MpanY'S M8[5 a5 a body. loi our audllwotk, lorthis re4)ort. orfor opiiiK>Jiswe havefuimEd. J¢ffery Bor FCA ISen5or StBtuloryAudilorl for8nd on behallol SCM IAc¢ountanlsl Ltd Charter2dAvo4vtanls StaluloryAudltor Oate.. 9 31 Sad(vine Streel mCheS[er M13LZ 10.
YOUTH WITH A MISSION LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 UKreslrfoled funLIs 2024 Restrkd fr1d$ Unre¥lrlclcd fund5 2023 Tolal funds 2023 2024 2024 2023 Note8 lrncomeand endowmÈiil$ fmtn.. Dtrnatlons and129acS CharitsMÈ *livities Qlherincome 647,288 I28.2 691.906 647,2e8 128,902 651.906 74,853 250,096 324,949 113,436 34.128 34.128 Total Income f,468,096 222,597 249,916 472.513 ExpendlluiE Dn.. RdlSkn9 lunds charit8b1e4dlvitS 535 824.%7 535 824,297 251,987 266.647 518,&34 Total e%penth'knie 824,? 824.032 352,347 266.79S Nel in¢omel(èxpendlturel 643,264 3,264 pg,7YJI 116.882) 146ffi321 TrSe[s beiween funds 127,84S 11?7,8461 Otherre¢ognl$ed g•lns and105ses'. (Xhergalllsllbssesl 12 4.036 4,036 Nel mvemenl in fund8 775.146 If27,84el S47,300 146,8231 ReGonclliatfon of tsitds.. Fund baances al 1 Sepleinber2023 S,2.1 127,846 5,4f7,897 5.320,002 144,728 r 4G4,730 Fund balances a131 August 2124 6.065,197 6,065,197 5,290,051 127,846 J,417,897 The it41..mHlli pf finanuol a¢tiMS Inc($ dl gans bsses fecogni8e6 in lh¢ ye¥. Al Income expendiLure deiwe conUl actbills.
YOUTH WITH AMISSION LIMITED STATEMENT or FINANCIAI. POSITIQN ASATJIAUGUST 21124 1024 2D2J FIMdo$EQ Ti8ilo 7iiJ ulliw rèc¥W¥hles ¢Jsti al b•k diidln IithMJ IqSK13 2,203,31J ?.57.411 278,891 ?,2?.2,71 534, 82,N CUnI11IlII NBILui1II4Ss1Is d52,?112 -I,gX),374 6,840,6yr NonuN¢lltllabllltt•s 17 11,Q6jl.1771 Nel assets 4W,197 5,417,897 ThB lund£ ol Iho Chartty lunds 127,846 S,29)51 Uni¢striclgdlunds 19 6,(X35,191 6,a65,197 5.417.89-1 Tl Tiuslo8s MYèp1èp L11$117 lIh st%11 311fjlttCMrfl758$Ad 2( and 1j8011l5&ChÈrigsAl>1I. T1 dir8Glus o(n(thwJge i( respw4LHllbÈ$ IDI compl[ thivi Ilib fèqiil1eiI11y ol Iltg Comp0&A¢1 Iyjs vrilll legV8QI ir) a7111¥j r8coFdsRnd pipp311)rj olfnanda slatornuTrls. fill81saI 1015 hiwe beon PlOFAvod Ill accord8I)co with thD Pt<lAlI$ awjfablo ¢0111$b¢l lolliu Nall c1p]S 7lID Trryun¢luTSl8lonri1 opwov(hl bythoTiu¥loti¥oi.......... Charli$ Lynii Grigh ITNsiwI 0810 q_DC-202f C¢iRipaMyii'iYFi0n wn)101041SElwl1il WJloBI Chariiy 261076 12-
YOUTH WITH A MISSION LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2D29 Note$ Cash t¢ows Ironi 0perallDgzGIIIleS Cash gen8r8ied Iiom Operaln8 25 830,339 87.640 tnvesting aclivlllÈs Puichasoof propety, aTrI and equlpmenl Proceedslrorn disposal01ptty,plI7ld 155,31gi 1159,5931 1,204,883 60,0( Ilettaih èÈnerated IromllusÈd INI lfjvèsilng 1.149,644 199,5g31 RepayNtelll0lbk 154,4651 152,5451 Nèl cash us8d In Ilbdncing aclivlles 154,465) 152,5451 Netln¢rè05*ldeGreasel In cash andtask Èqulvalents 1,925,418 164.4961 Cash aNIc05h Eq1ValentS albeglrffling of year 275,897 341.395 Ca$h cash equlvolenls al end Dlye4r 2.202,315 276,897 13-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accountkng pondes YOUTH WITH A MISSY)N LIMITED is a privale company Imked by guaiaiilee inctyporgted iii and Wal@8. The rrfister oll¢e is HighlIe AMbFose Lane, HaendeD, AL54BX.. In the ev1 uf CpInY be]1 wound the118bJity h IÉsp8¢101 the9Lra1eel5 Imltsd loE1 P81 membei ollhÈ ¢ow)arty. 1.1 A¢Gounllng conventlon The fln211dal sl8leMents h h8en prepared in axordw¢é wSth Accounting al Reporttng byCharils'. SlatemenltdRecornmEiided Prac appli12 lo charlts&s prepaiin9 Iheli CDunls kn accord8nce willi ttle Flnindal Repo[n5 Standard 8ppIK8Ue In the UK aid Republic of Ireland (FR8 1021- Ichorit9 SORP IFRS 1021. ihe FIDanclal Report9 Stand3rd applcable ID the UK and RepuL.lic or Itdand IFRS 10¥ leffeclWÈ 1 Janvary 20191 and IhaCornpsnle$Ac12I06. Cln¢t$1h8 delinitionofa wbirt bènefilentityurhjer FR811. Th8 finandal sla1Èmts ale prep3Fed in 51e¥linu, whith is the furKlonal curroncy ol the ChEdty. Moneiw amwnls In thesè stalem8Dts 2r8 rnded lolhe neaie$lE, The finan184 slal£menis have been prep uThler Ihe slon¢1 cost Convent. A3séts and abile5 re¢ognlsed al hlstoiical costorltansactionvalue urless 015le5 Slao& in th8 ielevanl aG¢ounllno p0CY. 12 Golng ¢on¢er The Charfvs Finandal StmenLs shDW a Su141£647,joO lor the yeJand free iÉ$eNes otE1,425,4 Th8 TN51Èes hav8 8sse&88d wheiher the use ol ihe conterfi b2s1s Is appr4)rtate and have conthered Poss16 events condlInSIbi8lM1gl1lcaslnirThnld0utston the thilityol Ihe charityto Gonlknue as ègoirq contstn. TKustees conunue lo moiiilor Bnd enwre that spending is in Ine wilh ifiGome in order to mantain SEDS al or above the rninin'.um Iwel of unresiocied expendllure as per ré$eNt liCY. The review ol lor¢casl ShI[0W loi IhE12 mDnUis (rom the d8te ol approval of the fln3nd81 slatemls, ConSere Ihe rdev3nl 3Ssp1nS Ih81 undern the ltrec8St, pipel¥ ¢1 and the sleps thatcould belaken to iaduce expendilwe ShOd thls be eSSery. 8Èsed on Ilp iiilotmation above. TiJstees have 8 aSOnable expeclaUoTh Ihal £hatlty has adequate resowtes lo coniinue In operatTr the loreseeablE Ivlwo and will remain In 5urpkns in lure perfods. Thuelore, the Iiuslees hwtr adopted Iho n0 concEm bas18ill Pteparillg Ih¢88 accounis. 1.3 Chafit¥blefunds Goneral funds are uniÈsliitled lunds whlth 310 avallable tor use at the dIScr6Tr of ihe TruslttÉs In JrlhetJnte of I1 gener81 oblÈtbves ((ttE¢ompany aiid thith ha nolbeen ¢ksbJnaied lorother purwses Oesign31ed funds are those ntIed fut$ h3ve tEen Yiny-fented, foi speclfic puiwse8 e.g. lor tninisldÈs yojects esselll&il 5pondÉ or for the on-golrta developm1 of IhÈ propertks owned ly the Charity. The Priyeity A$$el fund èn unreslrittled lund ¢[rentlY idenliblng the nel asset vakne ol prOrtY owned by YWAM Ud olher assels Ihal do not fil in th¢ talttgory ol Iree-hLI opereS. Re.51[ed lullds ate lur,ds which cgn be eXrfed li 3¢Gcwdance 1h ÈpedfjG resInG0S Imposed by éongts or wNch have Len iaised by the charity lor specilic puiposes. Tlie (osls of r81s19 adiDini8L21ing suth funds arts thbrued againsl the specNiG lutKI.ThÈ g¥M use oleacli restricted Iwd is Sel oulin Ihe ntskslodi£ f¥Yal sl8ternenls 14-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGusf 2024 Accounllhu poficies Iconllnuedl All itKom2 ks tecogni58d once U% company h8s ertleMen1 lo InwmB. 11 Is w8b1È Ihat the Incomo wll reCed the amount of inc¢Ane ie¢ewablec• bp tneasuted rel1y. For legades, Ènlluemenl is laken 2$ the ea111 of IhÈ dale on whl¢h either.. Ihe ¢ornpany is 8W8fÈ that pbate has been granied. ihE eslalÈ has beBn linallsÈd lKilifiIn ha5 been made by Ihe execulor(81 lo the TFUSI Ihal 8 dislrtbknbon wli bè made, or wh8n a dislribulwn 1$ received Irum Ilie eslale. R&celpl 918 legxy, in tholÈ orin part, onEy consideied Pfob3Ne when Ihe 8mounlcan fflea8ur8d rÈli2bty and the cdmpany ha5 be nle ol the exe.culis Int11 to make a dislribulion. Where legacles have been notified lo Ihecompany, nrlhecomp8nyls aware ollhe grantiw 0[pate, and lh&¢dtel lorln(om& recognilion hève notb8en Inet, then ]egY1$ trealÈd as a cOnn9entss$Ql and disclosed ifm8lÈdal. DDTraled seNk25 or111c$ a re9lled Ihe compatyhag rnntrol oveilhe iLem, anywdrfvjns a9£ad+ thEdond em hav8 b8Èn mol, the rec8lpl ol ÈGonomic knefil from use Lrf the ttrnpany ol Ihe item is prob261È and Ihal ecoTriYnic bènefrl be rne8sured 1811abfy. In S¢¢d?11¢ vrilh Ch&ili8s SORP (FRS Y021. gÈnetal vdunleer IlmÈ ol the Friends is not Jesed al relerto theTIu51eel teport l(more hltsimallon 8boul thEirconknbulloll. On recelpl, dDnated prolessional sewces and doDated lac1118 are re¢ogn15Bd on the b381s ol vaP of Ilie. gift lo rh8 ¢ompa whi¢h is the amunl Il compaiiywould hwe be williiig lo pay to oblaiii seNices or lacililies ol equwdlBTrl eGoDomlc benefil on lh8 opon maikel., a correspondln9 3n3oiinlis Ihen ff¢ogn4sed iii expEiidkure In theperiod olretelpL IDCOMe tax tecuverable h rolaon lod0nalnS rÈtÈW underCiftAkl ordeeds (Kf covenant iq iÈ¢tynlsed Dlthedonalh) InvesimenllTrcoMels h¢kJded when recdvabk. 1.5 Expenditure recdgnltlon and l¥recover•bleVAT Expenthlure is retogDised once liere is a leyal or coTr3lrUclp obllgallon lo trSr e¢4noThic benefil lo a third potty. il is piobable thal a Ifan5fer of economK beneliis Yill be required In selllemenl and the amDunl ol t1 obligallon bè m3sured teliably. Expondiiure Is Glasswied by act1. The costs ol each attmly are made up ol lolal of drecl costs Ènd shared costs. I1dIng support costs 111vDed In ndertaklg &8ch acuww. tlip.d casis allributable to a slngle aclvAly are aVo¢ated dlredly to Ihal zclrvity- arÉd cosls ¥thich conirfbut8 io more than or* aclmty suwort eo$is whlth ai8 nol alMbuiable to a single aclwlty ate aPPOtliDned on a bas congi81enlwith lh¢ use of resourtes. Cenlral fi£ll.tiMe Volun1e costs are 8llo¢ated ba&s of tirne spenL and depreciabon Gh¥gES alocaid on Ihe prth ollhe as$el'$ use. Fundiaisiny costs arÈ those ncvtred in se&4 wlunw conlribulions and nol incl& Ilie c051s ol di%seiNiialiny inlornTratiM NI support ol lh8 th8rit8ble aclivlliÈs. Governance cosls ire those incurrd in ¢(neC110 with admlnlslralion of the ¢ompany 3 compllancewllh GOn$tu1187 and stslulory wuiremenls. Costs ol generallng lunds are co51s Incutred In allratlkno vilunl Intome, IhDse Irred In Ifadmg aC11S Ihal ialse funds. Charltsblt atl11eS Ggverngnte Cost are. costs incw(Éd on Ihe companls opera15, Includi1 support¢0515 costs relalkng io thegove!Iiaie ol Ihe Goillp8ny&ppoI)Thed lo tharilableaclMIS, ants pay8blo are chaTged in the YÉSen the offeris made except in Ihosecase$ where iheofferlscoholliunal, suth grgnls boino ieco9nised 8$ exptndllutywheTh Iliecoiidilitsns all4chiNg are Irilled. Granig offered siibjÈcl lo condiii)nswhich hove wlbeEn rnel al the yearend are noled as a commllmenl, bul nolacciuÈd as ndlUre, Irie.coVera VATIS Inthded wthin Ihe expthIre IoGuffed (orcha(iEabl8 aGiifflies, 15-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGYST 2024 Atcountlng pollcle5 1.6 Pmpertyi plant 8nd ¢qtslpin&iit A iewEW lor impaiifflenl ol a fLxed Set cètried oul il event5 or chgnges drcumgt4n¢es IndKa18 llwl Ihe crylng YUe of any rixed 8ssel Indy nul be recoverab. shortl15 betweeD IhÈ cairylw v81ue ol fLxed assels 8nd iheir recoviable amounts 2re recognised as hnpairmenls. Itnpalimenl Ios8es TclIE1ed In Slalemenl fanCIal xiivilies Inwrwraliiio intom8 and expendilulè accounLA5s2lsCosUng over£10,OW are capilalised a1¢051, Tsngible fixed assets rartl8d al cost, nÈl ol depteLiatsoTr and any prwsion IMprment. Depr&clailon is woyidcd al rai88 cEIted lo wrile off the cosl Ll fix¢d èss8ts, less théir ttumated ie5KJual value, over th[ expeded usèful (Ai the lolloNn9 b35eS, Fhd pMp8188 Boal Other FixedAsseLs Fhluies andliiiing$ MDlorvehlcles L3ndAndAs5eStwerC0ThrUcIJ YAon C051 S%on Cosl 20% on cost % on Co$1 Cwtson Cosl 1.7 Ca¥h and¢t5hequivbknt5 Cash al bank and iii hand indudes cash and shoritsrm Nghlyliquld inv2slmentsvrith aslKsrt MairIty 1hree mL)nihs orl&ss Ifom lh8 of wulsi1 oropering ol Ihe dEposIlorsik¢oUni. 1.8 Hnanclal In$ltumeiits The coinpany only has Ihandd fln31 kabililies ol a kknd qvafffy zs bask finanetal Instwrnents. 82$ flll8ncla1 Instrulnenls are inibalty recogni5ed 81 Ir8nsathon and sub4p.qu1IY rneasred al Ihelr $8iUemenl ¥abJe wllh lh8 ol bankloans whh* are subsoquenlly mea5Uted al amortisedcoslu5iny IhÈ 2Neciiwe interest Melhod. 1.9 Taxalio The Cliarftyls an exenv1¢hltyYthln Ihe meaning dl schedule 311 thoCh¥itiesAcl ind is conSered10 pass ilie lests setwl in P8ragr4)h I Sdiedvk 6 FlnanTr kn12DIO and lheieloIl meet8 Uie definlboD of a charilsble Gompany lor UK CO[atn tsx purp)se5. i.io knterest reeelvablÈ hlpiesl on funds heid on dep05il i5 incWÈd wlien iecelvaNe Ihe amounl oaii ba mea%wed IElably ty the company., Mis Is ntsrmd upon nolification oFthelnteTest paid or payablt bylhe B8nk .11 Pebtors Trade 8nd olhei d8blors gre recogni5Èd 81 the stlllÈfflenl amount after any Irade d01 offered. Prépwnenls ale wlued at the amounlptepaW nelof 8nylrdd8 dtscounis the. 16-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng policle8 Iconllnvod) f.l? Credllors and provision 2Ie cOgned when Ihete Is 8n ¢biallon at lh2 Balance shÉetdaie asa resthlol q p4sl evonl, IlJ5 Probable that #trgnsler of ewioinK er11 will bE required in 8&tt1emenl, and the amount of the sellleinenl r.ail be esiiniaied iéllabty. liabilikes recogiiised 81 rhe wnounl 11181 Ilie COMpY anll£ipales il will pay lo sellle IhÈ debl Or U18 8mounl11 h8$ reeÈwEd a5 adVd meii15forlhe go$9rse¢es Ilmusl provide. Proiry%iDns 4re meagurp.d al lh& best estytnèie ol th8 aMQUhisrequlrel to settle the oblvJalioii. Wheie the ell&tl ol Ihe. lune ol monèy IS Thdleri, iha provlsion 15 baseo on Ihe pres8nl vÉliie ol Ih05e 8nwunis, dko)ullied al Ihe pre-tsx diKounlraie Ihai reflods the iisks spe¢ilK to the liablllty. Thp un1ndj of the discoiiiil 15 ¢9ls withln ini8iÈst payable and l11charg8s. 1.13 Critical Judgement In apptylnuthe charltablecompany's acttouiffhg poll¢y the applitÈUon ollhe clTraity'5 accouiiling wlcres. th8 dliÉGtor5 are requirbj lo mqkeludgmÈThts, esbrndei lod &sumplion$ aboyi 8iiyn9 8Mounl ol assEl8 and Ihal ale nol readily appareTrl from other swrces. The e511maies and 3SSOCiated $umplion5 are based listoNcal experienc& 8nd 011[ laclois Ihal ale c0Trs8red la be relevant. Actual result8 may dimer Itotn Iheseesthnales. Th sstiMdte5 and undethlng 85sumplkM& e reviawÈd on an ongolng ba$. Revi$ to QunIng eslimales are tecogfj12o ITr the period in whith Ihe esbm8tÈ rwsed where the r&wsion alfectrs lYalp0O, 01 in the p6rfod ol Ihe revision and fulure peMds where ihelewsion 8lle¢bb)¢UrI lutur6 perl(xJ9. DtsJ)g1ions aijd lsgatles Ur¢rsslrltted funds Re51rlcted fund$ 2024 2024 2023 2023 2023 Dunalons gitts Le98CS rÈcÈpJANÈ 647,288 647.288 68,574 8,279 2,0 310,670 6.279 647,288 647}8S I4,3 250.096 ,124.Wg kncomÈ froincb8rflablt aelivilie5 Unrestricl*d funds 2024 Restrfcled UhfE51ricled funds 21J2Y Reslrlcted riinds 2023 2124 2024 2023 210 2,010 490 ConL'ibulin Im otheilWAIJ l(W.320 18,512 108,320 18,572 110,314 2,812 k teres1 &8thMll tees 11.9801 IOB,334 2,812 fj28,2 128,W2 1180) 113,Jl36 17-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STAfEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 OlhErinco lknro8lrl¢led funds 2U24 Uxroslrlcted funds 2023 Nelgain M disp ot iangiye fixed asl$ 691,9 34,128 RalÈlng (unds Unre8lrfcted Unrè$tvl¢ted funds funds Reslrfrled ld5 2024 2023 )23 2023 rai81 CDMinunicatioD & pronbjll 535 535 360 18-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICOMTINUEDI FOR THE YEAR ENDED 31 AUGUST2024 Ch•rllable actmIeS Chsrll8blè EKpendllure 2024 2023 DepredatloTr aiid knpaThl Tralnhi & evelll Renl &r4È& InsuranGe LegHI & Prolessbnal lee5 84nk charge5 Fuelcosl mainler.ance tosl Avdiland nlln-iud 79,1 2,035 12,Q66 497 17.1 2,701 19,224 17,205 2.027 1,331 1289 6,150 584,458 8,103 51,761 7.20 282.925 lthnlslrymisslon & G¥tOLd oiric&{SI Lo8n inleresl S5,637 824,297 518,634 824,297 $1fj,fj34 Analy51s by fund Uniesilicted tunds Resknr.ied funds 824,297 251.987 266.547 2024 2023 GoY8rn¥nee CDsIs tompi15e'. AuditOri7vneIatiOn Accoun1cY[ets 3.750 2,4 4000 2,400 6,150 Suinmary analysi5 of expÈndlluie aTrd relaled Income Threè Maln charftsble aGllv*lles Minlslry,All$slon & Traliilng & EvÈnt OlherA¢Kv4lles Tqtal 2024 Community Prole¢l 1584,4681 647,288 Cosl Income Irom Donal Income from Othw IKoMe 1237.6641 1824.831 647,288 821045 8242MS Net Cost Funded fmm OlheTlncome 62,820 1170fl 587,181 847JL¥) Nel Cosl Fundtd from Otherlncoinè 2023 B,541 12,0351 153,SJg1 146,8331 19-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS (COlNuED1 FOR THE YEAR ENDED 31 AUGUST 2024 NBI movèthentln tunds 2124 2023 The neIr[weDnI knnds is staled 8lterchargkn(trEd1I}.' Oepreclalion ofownEd PIQPEty, an181 ewipfftenl Ptolilon disposal plant2nd equipment 124.642 134.1281 1691,9061 10 Analysls ollull-tlmu ol¥nle¢rs' costs,truslÈe Iemunerallon and expÈnsÈ$, and Ilie¢osl of ÈymanauenNI personth Th8 Charity telles enlirely Dn the contribulwJn5 01 v4luiiieeis lo cury oth its ac111¢$ bul pk9cing a Mne1 vdue on the contsibulton Is Impr8¢1 and cannot be mÈasufed ielilbty lor accounting pwpo&os. fhetelot&, thi5 conldbullon i% not ied In the Chailys accounts. Tlie Cliarityhas no eM0Yee8. The Chaity Iiustees yre not pabj salwi ty rec8lv@d any 01[ benefits ftt perfom¥ig ihe ties. Mowthr the trustees aiÈ ¥eiinbuised fDrlegibmale costs ihal the Inlee$ have had lo mEel psona lotl0eldulI&S. Expenseswwe reThburnÈd lo The truslees asltows'. mber ofTN¥teE$ Total Niiinber Tolal 2024 olTru5tees 2&23 £000 f 000 1.557 1 5.323 1,00 80 Trav expenses Telone otficecosis 149 l 132 6,408 No Income recewÈd Irom the trusieos thrlted path8 dufing theyearl202J-toi. lrf Taxa0 The Chexityis an exempltharltywilhiii the anIng of schedule 3ol1hecharilSA¢1 2011 is considered lo pass Ihe t8sis sel out In P8ragiaph I Schedule 6 Finance Acl 201Q ther&fe il meets IhÈ dEfiiilUon of a GharitéblÈ tomp]y lor UK cotpoiath)n lax putwses. 12 Olhergalns andlosge¥ UmrÈslrlttlèd fund5 2123 lunds 2024 Gn$11[0$SesI upoN.' FDielgn exthange 14,0381
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 13 TanglNe Fk¥ed Asst$t Frtrghold Asselg FlxlurÈ5 and Other Flxe PropBrtlas can81rCtion A6sa19 Yolal C¢st Al I Sepltsmber 2023 Addlbans ispos &S91,081 699.704 55,319 137,801 1,715, 8,264,121 55,319 1656,1571 1601,7671 154,3901 A131 AwJusl 2024 5,089,314 755,023 83,411 1,135,835 T,83 DÈprettsllon and Impalmllt Al1 Seplember 20 DepCIatiO¢harged ITh theye ElnIal Inrespecl ofdlsposa 1,647.042 67J77 1120,3581 49,126 16,037 122,8441 179,878 34,717 1,876.046 118.73J 1143.2 Al 31 August 2024 1.5W,& 42,319 2f4595 1,851,577 Carrylng Anvmnt A131 Augusi2024 3,494,651 755,023 41.092 121.?40 5,8fj2,6 At31 AuSt2023 4,044,038 699,704 88,675 1555.957 S,W,375 The Chadty G8plWed a ioLal dl £55,31912021. £149,7fi31 of SFenth'iig rd2ted lo bvildinu prolecis al the end olthè ar as'As8ets Uler Conslru¢lion'. The ploiL8 relalts lo the de¥eknpmeal of the kfighfield Ova slle. This ske is Main occupied by YWAU HwpeRd8n, an wdependÉnlYWAM charity, wlillpTrWAM Lld's 8drn1nistratTr office ig a180 b&ed here. &gnificanlpEojoels I1le the Klllahan Lod£È and Uie Ring M2ins. Th& Kknth2ll L(Klge woject k a shorf-iE¥m aw0mmol1on and con[prenraty. The go41$ lo knctease hospitlity capaoli&s lor short-18rm 18sidenlial wurses, coDlerence4 semln8rs. £78.WQ of cosis. Maln re141ed to th& foundalloDs, wp.te carlied lowar& fro Ihe prewous Iiidncl31 year. In 2024, addilional £55,319 12Q23.. E147.7271, relaied io Ihe bulldin9 exlerior, was capiliÈed, ThÈ property W8s ¥.ol lJlty lunctioii& 81 Ihe Ènd ol the liiant8al ye3r d 24, gnd tha vJtyk ¢onlinues through lo 2025. Therew8s no depreualion recofjNsed ih thÈ ac¢ounls012024. The R0 pr4Ècl is about n*w subslalNJns io iNxease eleciricity supply capaGity on sile. Thls new system will EThh8no Ihe leed lor the ¢urrenl supply and w0ve Ènough e[e.¢bIty lof olhef wqects Uktt Kuidlidll Lodge and Ihe Facllty, and beyond.1158 aar3de In aUrec sy51eTh. In 2024. lh8 kn1a1£4ylIstd 8mounlwa% £n11123., £7,036). Ov8r80% ollhe st i4 relaied Ihe iwsUL'S1IIonS.TheprtcIW1sC1rfelwj althee of IhefinBnu8lyearo12Q?.3,fiislyedep131ill 3rn0unlwas Eg,635. ThE Clwrly cwilah'sed a tolal ol£NIL(2023.. E9,8301 s19 iel8ledlo Frethotd pioperiieson 4g 8ÈwcharnpFload Blng. 14 Trade and Othèr¢?1¥418s 2024 202? 015 lalli119 due within ¢no yÈar OlherrÉc&1¥8LItts Preptyihenls. and ac¢nd inc(K 5,667 14,236 255,641 f,77Q I9,3 251,411 Aul)I received 2024 21
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 15 Borrowngs 2024 2023 Bk10SS 11KdIdOunt1a1g in oneye 1,380,82Q 1,435,285 55,fj43 243,698 1,081,479 52.545 251.302 1,131,438 Payable8lieroneyear8nd wilh1nfEr OL&nts1n¢ludÈd abov8 which falldueaftÈrrw&ys.' Credknts GUIde$ Ou1$ nolwholly tepayablBwÈ 5 years as loyow. PayaNe by InStats 1,380,820 1,435,285 herLoan 540,IH)D 4QWD The Ch*lw has ras8d a klHlllng £1,7m.000 as a 31 August 2017 lor Ihedevekipmenlollhe SI al Higlifield O¥al, H8rpenden. The loan has been IA Insl8knents a$ requlred and Is payable ov25 yoais Irom ihe dale ofdiawn down. The loanls securedon the Hi9hfiÈfd Oval pr(yerty th turienlty bews intere5141 aflxed raie olvkoverbaso 181e. Ch8rtyrBkEed en w$8red Interesl I loan of 4000 151h August 2023 hr knnahan Lodge wCl. Thesa ban is repayablevllhiN neX13ar5. The Ch781$#d an uTrsecwed ittteieslfre8103n 01500,000 on 08JLne 2024 for Kinahan Lodge woje¢t.Ih& $8hl108n iq r8p8y8b w17 nex13yeais. 2024 2D2J Ntstes ank Trad& payables (Mher payable5 A¢GruaL4aiid delerred Sn¢0 15 5&643 4,494 36.783 6.930 52.545 13,350 2,491 3,660 103,850 2,046 17 2124 2023 Nolts 15 lJ2&177 540,0 1,382,740 40,Otx> oth pable8 1,865,177 1,422,740 22_
YOUTH WITH A MISSION LIMITED NOTES TO 7HE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 18 Reslilcled IndS Thp restrKted fuiids ol the Lthaiity coniptiS2 the un&xpended baC&S of donalv)n5 gmls held on trust sul¥'ecl lo speul conditions bydonots as lo how they May used. At 18eptem*er 2023 lTrcomlng rè$owrces Resour¢È8 expended Transler8 At 31 ADgusl 2024 AfiKa Funcl lefflalion81 ch81rE'STeaM R¥weiTiusl Ceiitre IwJusllGe OlhercounldeslRegn5lrnI5 Supportwunl 25,848 37.OB6 36,241 13,355 24,408 910 (25,8481 P7,08GI P4.4061 (9101 127,846 1127,8461 PvIOUsyt8r. At I SeptembÈr 2022 Incomlng source8 ResourcÉ& expended Tran8f8r8 2Q23 AIDc3 Fund Internalknfial ChaImn'ST RerTIvsl Centre torJuslice Ixlier coun1rf8sI RÈgKKs£cwJnts Supportattounl 32,225 54,434 25,241 16,875 11,738 4,?15 160.105 48 37.006 26.24f 13.355 24.406 910 I17,8) 11,5001 115201 150,79EI 63,46 23.145 144,728 24g,916 1266,7981 127046 Descrlpllon, natre & purw5e of resliicled fund5. The SuppDrtaccounlfthd isinoneygwenlN $peCificrnini5les knd kndiwduals, Tha IlwerTiust lund15 to lurlherlhe Ir3kning olYWAJA aderS1 UK. The SthOuSe lund L4 lo help YWAM b2sÈs aiovnd the WO who are in lificl81 diffEfjuIty and 8tE tesbicted loi use I dlsaslarlémÈroent4È5 wllhin YWAM. ThÈ(XhÈrtovnl(ie51RegkMs &¢om15 lund is t118rtnelled lo aithng projects in lhetriespectD I0¢aln5 as r8wÈstÉd. -23.
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 19 Unr¢$iii¢ted lunds The unreslricled fundsolllie Ch8ritycompre unexpeRdEd balan¢e$ oldon8tions and 918 which èle Iiol $uleci io spedfic condillonsby dOnS gr8niors 85 lo howlhÈy MaybÈ used. Tse kncbjdedes31ed whlch have been setaside oulol unre8liECted IuT¥Js by Ihe Irusleesftsi gpÈcinc purposes. At I SèpiÈmber 2023 InciNnliiy MS0rEe5 Resources eXPEnd2d Tran$lers Galns ahd Al 31 Augusl 10552S 2024 Desigiiated Fuiid 45.253 148,8691 1.&54 1121.3061 456,638 lJ4.0141 1512.9571 134,7171 176,6 (332,3701 2S,848 138,fj5SI 37,186 12.1(U] 26,241 4,1 17252 1,269,463 3.535,742 787.109 96.697 930 Operalionalsile DevÈlDwnl Property asset Fund Other aet Fulld Afik&lulld hle.EnatiunalChariman'818 RerTN$t OtheT countr1ps1RÉgkll èccount C¢nlfe torJUSe SlJpportAc*I ,la1 4,132.713 6SS,217 403,219 2,500 1&8.032 1131,77n 24.408 13,355 910 30,663 11,3301 Tolal t5)naled Fwid 4,8.185 1.493.755 1808,4941 244g92 5,772,537 Goneral Fund 45&868 125,6601 116.3381 I1,146) 292.fj6Q Total Unrestri¢led Fund s,290.1 1,468,096 1824,8Yk) 127,846 6,OE35,197 The G8nera lund ts unreslrKl¢d Ivndwhh cali beused foranol1wr¢harilabpUrpose and gen4ral managemar{wJmr, D6scilplloJ. naiure & purpose of designated fu1$., The PFaP2rtyAs$elfund is enti[y1[j Ihe ne18s8elvalue ol fixed assel itte]. lffje-hdd w0peti1 owned by ihe c¢v2nd01her ssolslhal do nol fil in Ihe ¢aWory of [[ee-Id wopertie5. The Olhef kns&llund is merged Prop8rtyA8seIlu. The Ministries aiid Proletis 18 fundls foith¥iiable actie8 b88ed at0Er¢#IknnS. Ilha8 withdedfunds foriho naLwnl ofiKe sUppong acbvAies. The Oppraknonal Siles DevElOpinliS foron-gng impl0venI Dr devt1owMnlol Ihe propErtlesowned by the Cligrity. The prop8rt18s4re occupled byvarious associated daughiBicharitiesfor Ilieiiopeialions. The Support &counl lund is rnoneygiven for$p8tif minisbies and Indiwduals. The Rlv8rTr¥stfundf5 lofurtherthe tra1nliig olYWAM lee[s ln Ihè UK. ThÈ Olhercounlis IRegiMs accounts lfftd is ebanft8ld io a10 prole¢is In ihÈlrrespecfjve ILan0585 teqve¥ted. 24-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 19 Unrè¥lii¢ted funds PYevlou5 Ye8r At I Septernler 2022 Inccmln9 1è50uKe$ Resourc¢g ÉxpÈ#dÈd Ti'4ll$fer¥ Galns ar¢d At 31 Augu51 loyses 2023 De51gnaled Fund 46,757 T4,823 4,222.810 594,870 4,115 ,878 15,649) 12321101 IW.9271 134,716) 45,253 0yrallori Slle DEvdtymEnl Propety3ssel CthÉrasse.l Fund 2.109 19,8301 5,0631 4,132,713 65&217 Told Deoated 4,939,260 160,073 13n.1021 lo7,2 4.833,183 Genera Fund 380742 fj2,574 1120,Y54 1107, pm) 4k,868 Total Unrè$trfttÈdFund S,Y20.002 222,597 1252,3471 5.2W,051 lhéG?nW lund Is an upre5trkied fun6whlGh Gan b8 used lor anclherch8ritsLle puwse and general nIanagen1M1Q. DesGrlpllon. n8lure & PUIPDSÉ of deslgnated fviids.. The PropetyAs$611und Ig Idenlifyiny the nelassÈtvalu& rlftxed selltI. ltte.ldd propertle5 Owll bylhe charftyd other assets tlaldo notril In cft1e9rryo1f-h0kI properU88. Ths OlherAwl Ls ed lito PropetyAssel ld. The Ministrles arid Pml8clsls Idnd15 1charabl8 atttivllles based at otherkncatknns. Ilh8s kncknded luntslor naiona ofiKe supporbng aclvilles. The OpSrab0ft Sls Develownl Is Ipionioirng l¢nprovell%nlordeveknwenlol ihe propetbes ovmedbythÈ Chaiity. ThÈ5e propertles are 0PIed bywartous asso¢i?ied d8uglilercharfllR5foi ileirwabons. Analy31É oln812$sols betweén fumds UnstrICted fund9 2024 Re$triLt¢d f*nds Tolal 2024 2024 Fund balafjses Rt 31 Avgu512024 are repi'ttsentEd hy: Properly, plan1811d ery'Jlpmw)I S,812,& 2.118,368 5.812,006 2,118,368 11,865,t771 Long Ilabilib-es .15,197 -25-
YOUTH WITH A MISSION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2Q24 AnHIys1s of nela55ets between fuds (Contliiuedl Unreslrfcled Restrltled funds 2023 Total 2023 2023 Fund balpncÈ$ al 31 Augusl 2Q23 are rÈprèsènted by.. Propetyi pltand e4ulpmert cur[ as8eisllli3lil1eSI 6.308,375 324.416 11,422,74101 6,38B,375 452,262 11.422,7401 127,846 5,2go,051 127,846 5,417.897 21 S118fE pItal The ¢Ipa>Y L% limiied by 9uarlee and does nothave a5h2tè ¢4)HaldNthd byshaies. 22 Related p3riylransactlons rio tecel¥ed fir Ihe tru51ees lhr1 pthiesduting iheyearl2023- £01. 23 Ultlmale Ceitrolllng Party For the whole ol the y82r, the challty wa5 under th8 conlrol ol Ihe Diredors and Tn551ees 45 Sho uiid¥ legal and Bdndni8lralv8 l0rm8UoD pag&. 24 Anatysls olthanges In Melfu511dEbtj Al 1 8eptalDbar 2023 Cash flows At 3% August 2024 C8sh * b3nk and In hand 276,897 1.925118 2.202,315 152.5451 11 J82,7401 p,8) 57.563 155,6431 11,325,177> iJ)a)s lalllng due 3fierffjore than one SE&[ 1,979,883 821,4 -26-
YOUTH WITH A MISSION LIMITED NOTES TOTHE FINANCIAL STATEMENTS ICONTINUEOI FOR THE YEAR ENDED 31 AUGUST 2024 25 Catsh gÈtheraledfr¢m opeTalloDs 2024 2023 S1sdllj lorllEyear 643,264 146.6321 Foieign exchange 14&te$ Gah disp0$81 ulpropety, p]1 equitmnenl Depre¢i8Uon and Impwmehlofwtspeily, planldnd Èquipjneiil 12011 134.1281 134,643 I691,6) MNemenls inwofking capilal.. Decrease in Ira18 2nd olherr8¢elvab18S Increa8e Tri Iiade & olherp8yabks 237.8 518,706 2,226 31.732 Cashgenerated operatlons 830,329 G7,640 27-