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2025-08-31-accounts

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

Charity registration number 264078 (England and Wales) Company registration number 01049516

YOUTH WITH A MISSION LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustee & Director Henry Benwell Clarke Charles Lynn Green Yingli Gong Michael L Green Philip James Leage Edwin Ronald Fillies (Appointed on 6 January 2025) Giacomo Coghi Vargas Charity number (England and Wales) 264078 Company number 01049516 Principal address Highfield Oval Ambrose Lane Harpenden Herts AL5 4BX Registered office YOUTH WITH A MISSION LIMITED Highfield Oval Ambrose Lane Harpenden Herts AL5 4BX Website https://ywamltd.org/ Auditor SCB (Accountants) Ltd Chartered Accountants 31 Sackville Street Manchester M1 3LZ Bankers National Westminster Bank PLC 16The Boulevard Crawley West Sussex RH101XU Solicitors Neves Solicitors LLP LLP Tollgate House 69-71 High Street Harpenden Hertfordshire AL5 2SL

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

CONTENTS

Page
Trustees' report 1 - 6
Independent auditor's report 7 - 9
Statement of financial activities 10
Statement of financial position 11
Statement of cash flows 12
Notes to the financial statements 13 - 24

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statements and comply with the Charity's governing document, the Companies Act 2006 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 1st January 2019).

The Chairman's Statement

The work of YWAM and the impact and reach of the Mission’s activities continue to grow in order to meet the increasing practical and spiritual needs of an ever challenging and needy world.

The spectrum and potential for continued growth and development in the UK YWAM family of ministries presents a welcome challenge to which we are eager to respond as effectively as possible. This requires strong leadership, collaborative working, imaginative and effective resourcing, clarity of mission and a high level of commitment which are all hallmarks of the YWAM family.

YWAM Ltd blessed by the provision of its God-given portfolio of assets. As stewards of such resources, the trustees realise that the capacity and capabilities of these assets need to keep pace with the various changing demands of the YWAM ministries and the initiatives being pursued both now and in the years ahead. This inevitably leads to adjustments being necessary to the portfolio from time to time and the demand for funds with which to make improvements and, where appropriate, to make new acquisitions. This year a property not suitable for the current ministry requirements in York was sold and there is a search for an alternative property better suited for the needs of the YWAM ministry in that location.

The decentralisation process carried out in recent years has enabled greater empowerment to the various YWAM ministries. In turn this has brought about greater efficiencies in working arrangements backed up with robust agreements between the YWAM entities. We have embarked upon a series of quinquennial condition surveys for each of the properties and to ensure optimal efficiency and best practice, we have commenced an independent legal review of our working arrangements and agreements.

None of the above would be possible without the continued commitment, passion and freely given expertise of our trustees, members and supporting YWAM volunteers and staff who have together ensured the continued advancement of our work and the effective governance and good stewardship of the assets entrusted to us.

...................................................... Henry Clarke (Chairman) Date 27-05-2026

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Objectives, Strategies and Activities

Charitable Objects

YWAM Ltd’s primary charitable object is to advance the evangelical Christian faith worldwide by such means as the Company determines. This includes:

Main Activities and Strategies

Ownership and Stewardship of Assets

YWAM Ltd is responsible for the ownership, stewardship, and management of its property and other tangible and intangible assets, ensuring their use supports both UK-based and international YWAM ministries. A key strategy involves the licensing of the name "Youth With A Mission (YWAM)" to maintain shared values and purposes across all YWAM entities, ensuring consistency and unity within the global YWAM network.

Supporting Partner Charities*

The charity supports a network of Partner charities and ministries by granting permission for the use of its assets, including property and intellectual property, in alignment with its core mission and values. To safeguard these resources, Partner charities occupying YWAM Ltd’s properties must sign management agreements to ensure the properties are well-maintained, protected, and upgraded as necessary. This ongoing support helps partner charities in their mission work while ensuring effective governance and stewardship of shared assets.

* Partner Charities

Between 2015 and 2021, YWAM Ltd supported a legal restructuring that led several operational locations in England and Wales to become independent charities. These are referred to as “partner charities.” While relationally connected through shared purpose and values, they are legally and financially independent entities with their own governance structures.

Supporting Training, Evangelism and Mercy Ministries

The Charity partners with Youth With A Mission England CIO (YWAM England CIO) to support its partner charities and other associated charities to raise awareness of mission and training opportunities. This includes training young people and others for involvement in mission work and community development, both within the UK and overseas.

The Charity supports mercy ministries by partnering with local churches, global organisations, and communities to provide relief and development assistance to those in need.

Resource Mobilisation

The Charity collaborates with various organisations to support overseas work, including the provision of resources to lower socio-economic areas globally and facilitating international mission work.

By implementing these strategies, YWAM Ltd works towards fulfilling its charitable objectives, focusing on advancing the Christian faith through resources provided to promote mission, training, and mercy ministries.

Public Benefit

In shaping our objectives and planning activities, the trustees have considered the Charity Commission’s guidance on public benefit (including “Public Benefit: Running a Charity – PB2”). The trustees confirm compliance with section 4 of the Charities Act 2011 and that all planned activities contribute to the achievement of YWAM Ltd’s charitable purposes.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

YWAM Ltd supports community-focused charities across England, each independently managed yet aligned with YWAM’s common purpose, values, and beliefs. These ministries continue to address local needs effectively.

The Charity also supports YWAM’s global work by providing resources to international teams. It is part of a wider network—YWAM International—which recruits and trains volunteers for mission worldwide. Each entity in this network is autonomous and legally independent from YWAM Ltd.

YWAM charities in the UK currently support approximately 350 British volunteers serving overseas, providing advice economic and domestic welfare matters, along with briefing and debriefing services. YWAM Ltd has also continued to provide financial support to several YWAM locations internationally.

Fundraising Standards Information

All fundraising is done in house and not outsourced to any professional fundraisers or commercial participators. The Fundraising Regulator holds the Code of Fundraising Practice for the UK. We follow the Fundraising Regulator standards for charitable fundraising, ensuring that our fundraising is respectful, open, honest and accountable to the public. The Charity has not knowingly failed to comply with the standards of practice.

The Charity has not received any complaints regarding its fundraising efforts in the year ended 31st August 2025 or to the date of this report. In all our policies and practices, we have not actively sought additional data that is not already in the public domain. We only record data that people opt to provide to us. It is our policy not knowingly to contact persons over a certain age. Our communication programme focuses on less intrusive types of communication, for example, email. Our direct mail campaigns are minimal and targeted. All fundraising requests are passive as we do not run face to face or telephone campaigns.

In addition, with the introduction of GDPR from 25th May 2018, the Trustees keep under review and , where appropriate, revised policies and procedures, including data capture, complaints procedure, data transfer, and the implementation of the data subjects' preferences.

Investment Policy and Performance

The trustees have considered the most appropriate policy for investing funds and have found that deposit accounts meet their requirements to generate a reasonable return securing capital to provide ease of access to funds when required.

Strategic report

The description under the headings "Achievements and performance" and "Financial review" meet the company law requirements for the Trustees to present a strategic report.

Financial review

The Charity's income was £508,402 (2024: £1,468,096) and its operating expenditure was £605,678 (Restated 2024: £824,832), resulting in a Deficit on its operations of £97,465 (Restated 2024: Surplus £647,300).

Principal Sources of Income

The Charity's main sources of income are through voluntary donations of £373,977 which equates to 73% (2024: £647,288, 44%) of total income. Of these voluntary donations, £373,977 (2024: 647,288) is within designated funds. Another major income source is charitable activities income, which totalled £134,425 or 27% of total income (2024: £128,902, 8%), £445,896 (2024: £108,320) came from partner charities.

The total unrestricted income was £508,402 (2024: £1,468,096), £177,868 was designated to two main objectives 1) £119,535 to ministries and projects led by Youth With A Mission England CIO, and 2) £58,333 to the ongoing and future development of the Highfield Oval Harpenden site and two existing properties based in London. See note 18 for more details.

Expenditure

The main operating expenditure during the year was on missions, ministries, and community projects. The total amount was £415,530 or 69% of total charitable expenditures ( Restated 2024: £598,821 or 72%) See note 6.

The Charity capitalised £750,726 (2024: £55,319) costs related to the operating sites development, including £750,726 (2024: £55,319) on assets under construction at the Highfield Oval Harpenden site See note 13 for more details on transfers.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue operating for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

Reserve Policy

The trustees have established a policy to keep a minimum level of unrestricted funds. These are funds not committed or invested in assets (i.e., the free reserves). This policy is in line with the spirit and ethos of the founding purposes of the Charity. At the year-end, the Charity holds, as shown in note 19 , free reserves totalled £1,343,970 (2024 restated: £2,131,923). As the Charity has designated funds for its charitable activities, the remaining significant expenditures are general management and admin costs, loan interests and depreciation. The total general management and admin expenses were £21,460 (2024: £29,602). Total loan interests and depreciation costs were £168,501(2024: £170,492). The free reserves amount is around times of these annual costs, which is considered sufficient by the trustees.

Structure, Governance and Management

Governing Document and Body

The Charity is registered as a charitable company limited by guarantee. It was established by a Memorandum of Association dated 14 March 1972, which was amended on 18 July 1998. The Charity’s objects and powers are set out in the Memorandum of Association, while its governance is governed by the Articles of Association. The governing body of the Charity is the Board of Trustees, whose members also serve as directors under the Companies Act.

Method of Appointment or Election of Trustees

Given the relational nature of the Charity, new trustees are typically identified through the networks of existing trustees and leadership, ensuring alignment with the Charity’s values and expertise needs. Each trustee receives an induction that includes a meeting with the Chair and time with the Board to ask questions and understand their role and familiarise themselves with the policies and procedures. Ongoing training is provided through sector updates and relevant seminars.

Under the Articles of Association, trustees may appoint suitable individuals to the Board, subject to the maximum number allowed. Appointed trustees must retire or stand for election at the next AGM at the end of their term. One-third of the trustees retire by rotation at each AGM and may be re-elected for further three-year terms.

The Board is aware of the of Charity Commission’s guidance on the appointment with term of service of trustees and the balance of nonexecutive trustees with particularly relevant experience together with national and international leaders to ensure that the ministry goal and values are maintained and that assets are properly stewarded to optimum effect.

Governance and Organisational Management

Youth With A Mission Limited (YWAM Ltd) is governed by a board of non-executive trustees who are responsible for the overall stewardship, strategic oversight, and governance of the charity. The organisation does not employ staff and does not engage in day-to-day ministry activities. Its primary role is to hold and manage property and intangible assets for the benefit of the wider YWAM movement in the UK and internationally.

The Board oversees the management of YWAM Ltd’s assets, ensuring they are used effectively and in alignment with YWAM’s mission and values. This includes property stewardship, the use and licensing of the “Youth With A Mission (YWAM)” name and trademarks, and support for national-level initiatives. The Board also formulates strategic plans and monitors financial matters to ensure the sustainability and integrity of the charity’s asset base.

The Board meets at least three times a year to review financial matters, asset use, and strategic plans. While ministry decisions are delegated to other operational YWAM bodies—primarily YWAM England CIO and partner charities—the Board ensures that all such decisions remain aligned with the broader YWAM vision. As a property-holding and management entity, YWAM Ltd has limited involvement in day-to-day decision-making. When decisions require collaboration between YWAM Ltd, YWAM England CIO, and/or partner charities, the Board forms sub-committees with specific terms of reference and delegated functions. Trustees representing the Board participate in these sub-committees to ensure accountability and alignment with the charity’s governance responsibilities.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The board may at its discretion delegate financial decision to the chair, member or members of the board.

Risk Management

Risk management is a standing item at each Board meeting, and the Charity’s risk register is maintained as a live document under regular review. Trustees receive a summary of any changes to the register at least quarterly—or sooner if a significant potential risk arises—and conduct a fuller review of the updated register at least twice a year.

An annual review of the types of risks the Charity faces is also carried out, identifying the likelihood and potential impact of each risk, along with appropriate mitigating actions.

The trustees continue to review and update relevant policies on risk and internal controls, aiming to minimise exposure to both strategic and operational risks. While the Board is satisfied that major risks have been mitigated as far as practicable, it recognises that internal systems can provide reasonable—but not absolute—assurance that all risks are effectively managed.

The Charity increased its engagement with its insurance provider to strengthen formal risk management processes and benefit from tailored training and advice.

Plans for the Future

It is the Board’s remit to ensure the ongoing integrity and effectiveness of the assets and resources under its charge. We will therefore continue to work closely and collaboratively in partnership with other YWAM ministries to make best use of our properties for the trust’s charitable purposes and to the achievement of the YWAM goals.

Inevitably in meeting the ever increasing practical and spiritual needs faced by both the nation and the world more generally, each of the YWAM ministries will require greater and more effective resources to support both established and future pioneering work. This will include greater investment in both existing and any new properties, making the YWAM ministries more able to fulfil their charitable purposes while having the capacity, capability and flexibility to meet both current and future needs.

We are committed to collaboratively exploring new opportunities and partnering methods to achieve YWAM’s faith goals whether through fundraising initiatives, property restructuring, asset purchases and sales, building improvements and affordable financing structures.

We will continue to foster excellent relationships within the YWAM family of ministries and promote best practice in the stewardship of our properties. We will also ensure that the board takes full account of the review of working arrangements and agreements when this work is concluded. We will also maintain a recruiting strategy for trustees that takes full account of the areas of expertise needed to ensure the wellbeing of our asset portfolio and its relevance to the changing needs of the YWAM ministries.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Statement of Trustees' responsibilities

The Trustees, who are also the directors of YOUTH WITH A MISSION LIMITED 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 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. 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.

The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement as to the disclosure of information to Auditors

So far as the Trustees are aware, there is no relevant information of which the charitable company’s auditors are unaware and each Trustee has taken all the steps that they ought to have taken as a Trustee to make them aware of any relevant audit information and to establish that the charitable company’s auditors are aware of that information.

Auditors

A resolution will be proposed and agreed at the Annual General Meeting that SCB (Accountants) Ltd be reappointed as auditors of the Charity for the ensuing year.

The report of the directors has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006

The Trustees approved the report on and signed on their behalf by

Charles Lynn Green (Trustee)

Date: 28-05-2026

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YOUTH WITH A MISSION LIMITED

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF YOUTH WITH A MISSION LIMITED

Opinion

We have audited the financial statements of YOUTH WITH A MISSION LIMITED (the ‘charitable company’) for the year ended 31 August 2024 which comprise the Statement of Financial Activities, Balance Sheet, Cash flow statement and notes to the financial statements, including a summary of 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 charitable company's affairs 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 trustee 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 Trustees’ 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.

Opinions on other matters prescribed by the Companies Act 2006

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

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YOUTH WITH A MISSION LIMITED

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUTH WITH A MISSION LIMITED

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 strategic report or 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 require us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the trustees’ responsibilities statement set out on page 6, the trustees’ (who are also the directors of the charitable company for the purposes 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 charitable company’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 responsibilities for the audit of the financial statements

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.

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:

Our approach was as follows:

We assessed the risks of material misstatement in respect of fraud as follows:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF YOUTH WITH A MISSION LIMITED

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at 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. Our audit work has been undertaken so that we might state to the charitable company’s members 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 and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Jeffery Bor FCA (Senior Statutory Auditor) for and on behalf of SCB (Accountants) Ltd Chartered Accountants Statutory Auditor Date : 28/05/2026

31 Sackville Street Manchester M1 3LZ

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted
funds
Notes
£
Income and endowments from:
Donations and legacies
2
373,977
Charitable activities
3
134,425
Other income
4
-
Total income
508,402
Expenditure on:
Raising funds
5
187
Charitable activities
6
605,491
Total expenditure
605,678
Net income/(expenditure)
(97,276)
Other recognised gains and losses:
Other gains/(losses)
12
(189)
Net movement in funds
(97,465)
Reconciliation of funds:
As originally reported
6,078,752
Prior year adjustment
-
Fund balances at 1 September 2024
6,078,752
Fund balances at 31 August 2025
5,981,287		 Total
(As
2025
£
373,977
134,425
-
508,402
187
605,491
605,678
(97,276)
(189)
(97,465)
6,078,752
-
6,078,752
5,981,287		 Total
Restated)
2024
£
647,288
128,902
691,906
1,468,096
535
824,297
824,832
643,264
4,036
647,300
5,417,897
13,555
5,431,452
6,078,752

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

Notes
Fixed assets
Property, plant and equipment
13
Current assets
Debtors falling due after one year
14
Other debtors
14
Cash at bank and in hand
Current liabilities
16
Net current assets
Total assets less current liabilities
Non-current liabilities
17
Net assets
The funds of the Charity
Unrestricted funds
19		 2025
£
£
6,443,991
10,000
7,645
1,409,207
1,426,852
82,882
1,343,970
7,787,961
(1,806,674)
5,981,287
5,981,287
5,981,287		 2024
As Restated
£
£
5,812,006
-
10,166
2,202,315
2,212,481
80,558
2,131,923
7,943,929
(1,865,177)
6,078,752
6,078,752
6,078,752

The Trustees have prepared accounts in accordance with Section 398 of the Companies Act 2006 and Section 138 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 26 May 2026 and signed on their behalf by

Charles Lynn Green (Trustee) Date 28-05-2026

Company registration number 01049516 (England and Wales)

Charity registration number 264078

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2025

Notes
Cash flows from operating activities
Cash generated from operations
24
Investing activities
Purchase of property, plant and equipment
Proceeds from disposal of property, plant and
equipment
Net cash (used in)/generated from investing
activities
Financing activities
Repayment of bank loans
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		 2025
£
(750,726)
-
(56,466)		 £
14,084
(750,726)
(56,466)
(793,108)
2,202,315
1,409,207		 2024
£
(55,319)
1,204,863
(54,465)		 £
830,339
1,149,544
(54,465)
1,925,418
276,897
2,202,315

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

YOUTH WITH A MISSION LIMITED is a private company limited by guarantee incorporated in England and Wales. The registered office is Highfield Oval, Ambrose Lane, Harpenden, AL5 4BX. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

1.1 Accounting convention

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Companies Act 2006.

The Charity meets the definition of a public benefit entity under 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. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Going concern

The Charity’s Financial Statements show a net deficit £97,465 for the year and free reserves of £1,343,970.

The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern.

Trustees will continue to monitor and ensure that spending is in line with income in order to maintain reserves at or above the minimum level of unrestricted expenditure as per reserve policy. The review of forecast cash flow for the12 months from the date of approval of the financial statements, considered the relevant assumptions that underpin the forecast, the pipeline of new income and the steps that could be taken to reduce expenditure should this be necessary.

Based on the information above, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future and will remain in surplus in future periods. Therefore, the trustees have adopted the going concern basis in preparing these accounts.

1.3 Charitable funds

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes

Designated funds are those unrestricted funds have been 'ring-fenced' for specific purposes e.g. for ministries and projects essential spends or for the on-going development of the properties owned by the Charity. The Property Asset fund is an unrestricted fund currently identifying the net asset value of property owned by YWAM Ltd and other assets that do not fit in the category of free-hold properties.

Restricted funds are funds which can only be expended in accordance with specific restrictions imposed by donors or which have been raised by the charity for specific purposes. The costs 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

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.4 Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the company has been notified of the executor's intention to make a distribution. Where legacies have been notified to the company, or the company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Investment income is included when receivable.

1.5 Expenditure recognition and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central full-time volunteers costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the ' 'asset's use.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Irrecoverable VAT is included within the expenditure incurred for charitable activities.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.6 Property, plant and equipment

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities incorporating income and expenditure account. Assets Costing over £10,000 are capitalised at cost.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases.

Freehold Properties 2% on Cost
Other Fixed Assets 20% on cost
Fixtures and Fittings 20% on Cost
Motor Vehicles 25% on Cost
Land and Assets Under Construction 0% on Cost

1.7 Cash and cash equivalents

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.8 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.9 Taxation

The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

1.10 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank

1.11 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.12 Creditors and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.13 Critical Judgement in applying the charitable company’s accounting policy

In the application of the charity's accounting policies, the directors are required to make judgments, estimates, and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2 Donations and legacies

Unrestricted Total Unrestricted
funds funds
2025 2025 2024
£ £ £
Donations and Gift Aid 373,977 373,977 647,288
Income from charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Full time volunteer contribution - 2,010
Contribution from other YWAM charities 113,642 108,320
Bank interest & admin fees 20,783 18,572
134,425 128,902

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

4 Other income

5
6		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Net gain on disposal of tangible fixed assets
-
691,906
Raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Communication & promotion
187
535
187
535
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2025
2024
£
£
Depreciation and impairment
118,741
118,731
Insurance
2,253
19,224
Legal & Professional fees
8,170
17,205
Bank charges
407
1,214
Fuel cost
110
2,027
Maintenance cost
-
1,062
Audit and Non audit fees
8,529
6,150
Ministry Mission & Gift Out
415,530
598,821
Office cost
1,991
8,102
Loan interest
49,760
51,761
605,491
824,297
Analysis by fund
Unrestricted funds
605,491
824,297		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Net gain on disposal of tangible fixed assets
-
691,906
Raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Communication & promotion
187
535
187
535
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2025
2024
£
£
Depreciation and impairment
118,741
118,731
Insurance
2,253
19,224
Legal & Professional fees
8,170
17,205
Bank charges
407
1,214
Fuel cost
110
2,027
Maintenance cost
-
1,062
Audit and Non audit fees
8,529
6,150
Ministry Mission & Gift Out
415,530
598,821
Office cost
1,991
8,102
Loan interest
49,760
51,761
605,491
824,297
Analysis by fund
Unrestricted funds
605,491
824,297
824,297
824,297

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

7
Governance costs comprise:
Auditor remuneration
Accountancy fees		 2025
£
5,160
3,369
8,529		 2024
£
3,750
2,400
6,150

8 Summary analysis of expenditure and related income for charitable activities Three Main charitable activities Ministry, Mission & Other Activities Total 2024 Community Project

Cost (415,530) (190,148) (605,678)
Income from Donation 373,977 - 373,977
Income from Other Income - 134,425 134,425
Net Cost Funded from Other Income (41,553) (55,723) (97,276)
Net Cost Funded from Other Income in 2024 (48,467) 128,902 80,435
9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation of owned property, plant and equipment 118,741 118,731
Loss/(profit) on disposal of property, plant and equipment - (691,906)

10 Analysis of full-time 'volunteers' costs, trustee remuneration and expenses, and the cost of key management personnel

The Charity relies entirely on the contributions of unpaid volunteers to carry out its activities but placing a monetary value on their contribution is impractical and cannot be measured reliably for accounting purposes. Therefore, this contribution is not included in the Charity’s accounts. The Charity has no employees.

The Charity trustees were not paid salary or received any other benefits for performing the duties. However the trustees are reimbursed for legitimate costs that the trustees have had to meet personally to carry out their duties.

Expenses were reimbursed to the trustees as follows:

Expenses Number
of Trustees		 Total
2025
£		 Number
of Trustee		 Total
2024
£
Travel 2 2,444 1 1,557
Telephone - - 1 226
Office cost 1 220 1 149
Total 2,664 1,932

No Income received from the trustees and their related parties during the year (2024 - £Nil).

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

11 Taxation

The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

12 Other gains and losses

Unrestricted Unrestricted
funds funds
2025 2024
Gains/(losses) upon: £ £
Foreign exchange 189 (4,036)

13 Tangible Fixed Assets

Freehold
Properties
Assets under
construction
Fixtures and
Fittings
Other Fixed
Assets
£
£
£
£
Cost
At 1 September 2024
5,089,314
755,023
83,411
1,735,835
Additions
-
750,726
-
-
At 31 August 2025
5,089,314
1,505,749
83,411
1,735,835
Depreciation and impairment
At 1 September 2024
1,594,663
-
42,319
214,595
Depreciation charged in the year
67,990
-
16,037
34,714
At 31 August 2025
1,662,653
-
58,356
249,309
Carrying amount
At 31 August 2025
3,426,661
1,505,749
25,055
1,486,526
At 31 August 2024
3,494,651
755,023
41,092
1,521,240		 Total
£
7,663,583
750,726
8,414,309
1,851,577
118,741
1,970,318
6,443,991
5,812,006

The Charity capitalised a total of £750,726 (2024: £55,319) of spending related to building projects at the end of the year as 'Assets Under Construction'. These projects relate to the development of the Highfield Oval site. This site is mainly occupied by YWAM Harpenden, an independent YWAM charity, while YWAM Ltd's administration office is also based here. Significant projects include the Kinahan Lodge.

The Kinahan Lodge project is a short-term accommodation and conference facility. The goal is to increase hospitality capacities for short-term residential courses, conferences, and seminars. £755,023 of costs, mainly related to the foundations, were carried forward from the previous financial year. In 2025, an additional £750,726 (2024: £55,319), mainly related to the building exterior, was capitalised. The property was not fully functional at the end of the financial year of 2025 and the work continues through to 2026.There was no depreciation recognised in the accounts of 2025.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

14 Trade and other receivables

Amounts falling due within one year:
Other receivables
Prepayments and accrued income
Amounts falling due after more than one year:
Loan from Partner Charities
Borrowings
Bank loans (including amount falling in one year)
Payable within one year
Payable after one year and within five year
Amounts included above which fall due after five years:
Creditors includes amounts not wholly repayable within 5 years as follow.
Payable by instalments
Other Loan		 2025
2024
£
£
As Restated
-
5,667
7,645
4,499
7,645
10,166
2025
2024
£
£
10,000
-
2025
2024
£
£
1,324,354
1,380,820
57,680
55,643
185,195
193,739
1,081,479
1,131,438
1,324,354
1,380,820
540,000
40,000		 2025
2024
£
£
As Restated
-
5,667
7,645
4,499
7,645
10,166
2025
2024
£
£
10,000
-
2025
2024
£
£
1,324,354
1,380,820
57,680
55,643
185,195
193,739
1,081,479
1,131,438
1,324,354
1,380,820
540,000
40,000
10,166
2024
£
-
2024
£
1,380,820
55,643
193,739
1,131,438
1,380,820
40,000

15 Borrowings

The Charity has raised a loan totaling £1,700,000 as at 31 August 2017 for the development of the site at Highfield Oval, Harpenden. The loan has been drawn down in instalments as required and is repayable over 25 years from the date of drawn down.The loan is secured on the Highfield Oval property and currently bears interest at a fixed rate for the first ten years until 2027.

The Charity raised an unsecured interest free loan of £40,000 on 15th August 2023 for Kinahan Lodge project.The said loan is repayable within next 3 years.

The Charity raised an unsecured interest free loan of £500,000 on 06 June 2024 for Kinahan Lodge project.The said loan is repayable within next 3 years.

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

16 Current liabilities

Notes
Bank loans
15
Trade payables
Other payables
Accruals and deferred income
Non-current liabilities
Notes
Bank loans
15
Other payables		 2025
2024
£
£
As Restated
57,680
55,643
4,391
4,494
12,039
13,491
8,772
6,930
82,882
80,558
2025
2024
£
£
1,266,674
1,325,177
540,000
540,000
1,806,674
1,865,177		 2025
2024
£
£
As Restated
57,680
55,643
4,391
4,494
12,039
13,491
8,772
6,930
82,882
80,558
2025
2024
£
£
1,266,674
1,325,177
540,000
540,000
1,806,674
1,865,177
80,558
2024
£
1,325,177
540,000
1,865,177

17 Non-current liabilities

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 September
2024
Incoming
resources
Resources
expended
(As Restated)
£
£
£
Designated Fund
Support Account
540
420
(8)
Ministries and Project
17,252
13,309
(17,450)
Operational Site Development
1,269,463
58,334
(1,454)
Property Asset Fund
3,535,742
-
(84,027)
Other Asset Fund
797,109
106,226
(84,474)
Africa Fund
96,697
200,805
(261,402)
International Chairman's Team
930
-
(930)
River Trust
24,141
-
(1,200)
Other Countries / Regional
account
30,663
100,751
(120,997)
Total Designated Fund
5,772,537
479,845
(571,942)
General Fund
306,215
28,557
(33,736)
Total Unrestricted Fund
6,078,752
508,402
(605,678)		 Transfers
Gains and
losses
At 31 August
2025
£
£
£
-
-
952
-
-
13,111
-
-
1,326,343
-
-
3,451,715
-
-
818,861
-
-
36,100
-
-
-
-
-
22,941
-
-
10,417
-
-
5,680,440
-
(189)
300,847
-
(189)
5,981,287		 Transfers
Gains and
losses
At 31 August
2025
£
£
£
-
-
952
-
-
13,111
-
-
1,326,343
-
-
3,451,715
-
-
818,861
-
-
36,100
-
-
-
-
-
22,941
-
-
10,417
-
-
5,680,440
-
(189)
300,847
-
(189)
5,981,287
5,680,440
300,847
5,981,287

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

18 Unrestricted funds

(Continued)

Previous Year - As restated

At 1 September
2023
Incoming
resources
Resources
expended
£
£
£
Designated Fund
Ministries and Projects
45,253
14,914
(48,869)
Operational Sites Development
-
934,131
(121,306)
Property Asset Fund
4,132,713
-
(84,014)
Other Asset Fund
655,217
-
(34,717)
Africa Fund
-
403,219
(332,370)
International Chairman's Team
-
2,500
(38,656)
River Trust
-
-
(2,100)
Other Countries / Regions
accounts
-
138,032
(131,777)
Centre For Justice
-
-
(13,355)
Support Account
-
960
(1,330)
Total Designated Fund
4,833,183
1,493,756
(808,494)
General Fund
456,868
(25,660)
(2,783)
Total Unrestricted Fund
5,290,051
1,519,416
(811,277)		 Transfers
Gains and
losses
At 31 August
2024
(As Restated)
£
£
£
1,854
4,100
17,252
456,638
-
1,269,463
(512,957)
-
3,535,742
176,609
-
797,109
25,848
-
96,697
37,086
-
930
26,241
-
24,141
24,408
-
30,663
13,355
-
-
910
540
249,992
4,100
5,772,537
(122,146)
(64)
306,215
372,138
4,036
6,078,752		 Transfers
Gains and
losses
At 31 August
2024
(As Restated)
£
£
£
1,854
4,100
17,252
456,638
-
1,269,463
(512,957)
-
3,535,742
176,609
-
797,109
25,848
-
96,697
37,086
-
930
26,241
-
24,141
24,408
-
30,663
13,355
-
-
910
540
249,992
4,100
5,772,537
(122,146)
(64)
306,215
372,138
4,036
6,078,752
5,772,537
306,215
6,078,752

The General fund is an unrestricted fund which can be used for another charitable purpose and general management/admin.

Description, nature & purpose of designated funds:

The Property Asset fund is identifying the net asset value of fixed asset incl. free-hold properties owned by the Charity and other assets that do not fit in the category of free-hold properties.

The Other Asset fund is merged into Property Asset fund.

The Ministries and Projects fund is for charitable activities based at other locations. It has included funds for the national office supporting activities.

The Operational Sites Development is for on-going improvement or development of the properties owned by the Charity. These properties are occupied by various associated partner charities for their operations.

The Support Account fund is miscellaneous passthrough gifts and donations.

The Other countries / Regions accounts fund is channeled to aiding projects in their respective locations as requested.

The River Trust fund is to further the training of YWAM leaders in the UK.

The African fund

The International Chairman's Team

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

19 Analysis of net assets between funds

Analysis of net assets between funds
Total Total
2025 2024
£ £
(As Restated)
Fund balances at 31 August 2025 are represented by:
Property, plant and equipment 6,443,991 5,812,006
Current assets/(liabilities) 1,343,970 2,131,923
Long term liabilities (1,806,674) (1,865,177)
5,981,287 6,078,752

20 Share Capital

The company is limited by guarantee and does not have a share capital divided by shares.

21 Related party transactions

No Income received from the trustees and their related parties during the year (2024 - £0).

22 Ultimate Controlling Party

For the whole of the year, the charity was under the control of the Directors and Trustees as shown under legal and administrative information page.

23 Analysis of changes in net funds

At 1 September Cash flows At 31 August
2024 2025
£ £ £
Cash at bank and in hand 2,202,315 (793,108) 1,409,207
Loans falling due within one year (55,643) (2,037) (57,680)
Loans falling due after more than one year (1,325,177) 58,503 (1,266,674)
821,495 (736,642) 84,853

Docusign Envelope ID: EA3896E8-065C-80E4-83A0-39725431BBBF

YOUTH WITH A MISSION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

24 Cash generated from operations 2025 2024
£ £
(As restated)
(Deficit)/surplus for the year (97,276) 643,264
Adjustments for:
Foreign exchange differences (189) 4,036
Gain on disposal of property, plant and equipment - (691,906)
Depreciation and impairment of property, plant and equipment 118,741 118,731
Movements in working capital:
(Increase)/decrease in trade and other receivables (7,479) 247,245
Increase in trade and other payables 287 495,414
Cash generated from operations 14,084 816,784
25 Prior period adjustment
Changes to the statement of financial position
At 31 August 2024
As previously Adjustment As restated
reported
£ £ £
Current assets
Debtors due within one year 19,903 (9,737) 10,166
Creditors due within one year
Other payables (48,207) 23,292 (24,915)
Net assets 6,065,197 13,555 6,078,752
Capital funds
Income funds
Unrestricted funds 6,065,197 13,555 6,078,752
Total equity 6,065,197 13,555 6,078,752