1
Swindon Youth for Christ ANNUAL REPORT 2022-23
Year End 31[st] March 2023
Charity Number: 274402
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
ORGANISATION DETAILS
| Council of Reference | The Council was suspended in 2017-18 |
|---|---|
| Church leaders are now being included as trustees and the | |
| Director, Chair and Trustees regularly interact with the church | |
| leaders who meet as Good News 4 Swindon | |
| Executive Committee: | David Ahern (Reappointed February 2019) |
| (Trustees) | Ruth Barrett (Appointed 21 June 2021) |
| David Howell (resigned as Trustee 31stMarch 2023) | |
| Elizabeth Martin (Appointed 19thJuly 2017) | |
| Jamie McNutt (Appointed 28thJuly 2022) | |
| James Parish (Appointed 20thApril 2020) | |
| Steve Robinson (Appointed 5thJan 2021; Chair from Feb 2021) | |
| Matthew Winbow (Appointed 19thMay 2020) | |
| Gavin Mapstone – Treasurer (Retired as Trustee Jan 2021) | |
| Full-Time Staff: | Dave Clarke – Director |
| Part-Time Staff: | Chris Davison – Finance Officer |
| Naomi Ackland – Office Co-ordinator | |
| Kirsten Davidson – Fundraiser | |
| Jen Hodgson – Events & Residentials Co-ordinator | |
| Interns: | Josh Bennett – YFC Intern |
| Tori Lord – YFC Intern | |
| Independent Auditor: | Chris Vaughan |
| Bankers: | Lloyds, CAF Bank & Co-operative |
| Office Address: | Postal Address: | Contacts |
|---|---|---|
| St. John’s Church, | PO Box 2352 | Tel. : 01793 977676 |
| Whitbourne Ave, | Swindon | Email:office@syfc.org.uk |
| Swindon, | Wiltshire | Website: |
| SN3 2LG | SN2 1WE | httsp://swindon.yfc.co.uk |
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
CONTENTS
Organisation Details Page 2 Objectives of the Organisation Page 3 Chair of Trustees Report Pages 4 to 6 Achievements and Performance Pages 7 to 8 Governance Pages 9 to 10 Financial Matters Pages 10 to 12
OBJECTIVES OF THE ORGANISATION:
From the Constitution of SWINDON YOUTH FOR CHRIST Adopted 15th October 2007
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To advance the Christian faith for the benefit of young people, in accordance with the statement of faith, throughout the world and in particular (but without prejudice to the generality of the foregoing) in Swindon and its environs;
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The advancement of the Christian faith mainly, but not exclusively by means of proclaiming Christian messages of an evangelistic and teaching nature throughout the world and in particular (but without prejudice to the generality of the foregoing) in Swindon and its environs;
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To demonstrate, promote and encourage Christian values, including dignity, empowerment and partnership to all young people throughout Swindon and its environs;
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The advancement of the education of children and young people through support and mentoring in schools, colleges and other educational establishments. Through lunchtime and after school clubs, street-based youth work and other youth provision to develop their physical, mental and spiritual capacities, that they may grow to full maturity as individuals, and that their condition of life may be improved;
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To relieve poverty and sickness thereby demonstrating the Christian faith by promoting overseas service, education, practical action and working with those affected, either directly or through relevant relief agencies.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
REPORT FROM THE CHAIR OF TRUSTEES
Each new year brings challenges to face and to overcome but also its opportunities to grow into.
Alongside the usual plans that come with each year, we have had to continue to consider how Swindon Youth for Christ (“SYFC”) responds to the unique circumstances in which we find ourselves following the Covid pandemic. There is greater freedom after almost two years of restrictions and I believe that God has invited us to be courageous and not to be fearful, to think big and not to be discouraged by setbacks or hardship, to live by faith not by sight.
Life never stands still and during the year SYFC has continued to respond to the varying needs of the young people in Swindon. We have tried new things and expanded our team to support our strategic objectives which were set in 2020, which we continue to believe to be relevant and appropriate to the needs we encounter.
The wider picture
SYFC is the longest running centre in the United Kingdom under the Youth For Christ “banner.” For over 70 years SYFC has engaged with young people across the town. During that time there have been many changes of approach but one constant – the desire, expressed through our work and example, to reach young people with the Good News of Jesus.
Although SYFC operates as an independent organisation, we enjoy close links with Youth For Christ at national level who support our ministry. In July 2022, YFC National announced a period of reflection and discussion following concerns over their financial viability as donations have declined significantly since 2020.
In August 2022, YFC announced a reorganisation with some staff being made redundant. Support for local centres continues but the major impact on SYFC has been the changes to the interns programme. We were fortunate in having interns in place for the coming year but the provision of support for future years is now much more restricted and SYFC are looking to provide a local programme which will fill the gap.
Engaging in God’s Mission
Locally, COVID has impacted the life and witness of many local churches. A number of churches no longer have leaders for their youth work and activities have also ceased. This reflects the financial impact of the past two years together with pressure on voluntary resources within the local church post Covid. SYFC has considered ways in which we might extend our support for churches and schools, given the very real and identified needs.
Strategically we have been looking at enabling churches and other groups to minister to young people but have now made an intentional decision to deliver support directly to young people. Our HUB events, designed to support those working with young people, have been successful in building relationships. Our Synergy events have proved popular with young people from across the churches who have been encouraged to meet together for worship, teaching and social events. We have also designed a programme to support young people with mental health issues and hope to roll this out within the next year.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
Although there is no formal Churches Together grouping now functioning in Swindon, SYFC have attended meetings of the Good News for Swindon network and have participated in their activities as restrictions allowed.
Supporting our work
SYFC receives no funding from the national appeals. All our financial support is raised through the local office and we are thankful for everyone who has contributed in such a generous way to enable our work to continue through this year. We are especially thankful to those people who have given sacrificially at a time of significant financial pressure where there are many competing demands from worthy causes. We value your support in practical ways but are also so grateful for your encouragement, your prayers and your continued commitment to see the organisation flourish.
Jen has joined our office team to work alongside Dave the centre director and to take responsibility for organising activities like hub, synergy, and weekends away. Once again, the team - Naomi, Kirsten, Jen and Chris - have worked closely together under Dave's capable leadership as we have explored new avenues and continued to develop our existing work.
Once again Dave Clarke has brought inspiring and enthusiastic leadership to the work of the centre. Dave has juggled his work responsibilities alongside the demands of challenging family circumstances and ill health. Dave is a respected figure amongst the church community and has been tireless in promoting the organisation two local churches and other groups.
As ever the Trustees have given their time and shared their wisdom with the office team. In periods of Dave’s enforced absence, the Trustees have stepped up and provided support for the wider team. The trustees have a wide range of experience and with many of them being based in Swindon have a strong appreciation of the needs the organisation seeks to address.
Gavin Mapstone has responsibility for the oversight of SYFC’s finances. Gavin liaises with Chris to ensure that budgets are set and expenditure and income monitored. I'd like to express my thanks to Gavin as he has carried this role throughout a period of challenging financial circumstances for the charity. His contribution to our work is vital and we have all the financial information to hand to make informed decisions about our activities. This aspect of work is often hidden or overlooked but it is important to record our thanks for Gavin's work.
During the year our immediate past chair, David Howell indicated that he now wished to step down from Trusteeship after a number of years as Chair and many years of supporting the centre, including some years employment as Centre Director. We will miss David both for his wisdom and for his experience which have been invaluable in getting the centre to where it is today. We trust and pray that David will have a long and fruitful “redeployment” in God’s work following his move to Slough.
Jamie McNutt has joined us as a trustee. We welcome Jamie who with his recent experience as an intern will bring a more hands on perspective to our meetings.
We continue to reflect upon the makeup of our Trustee group and are actively looking for others to join us.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
Taking the next steps
God reminds us that he is always on our side. He also shows us the way forward and enables us to take the path he has prepared. This this is not only personal but a call on an organisational level to “live like we mean it”. This means being committed to developing a Christ like attitude which is centred on discipleship and which has is expression through sharing the good news with the young people of Swindon.
This is the real challenge for us but being so open to God so prepared to listen so ready to follow that we do not miss his blessings or the opportunities to make him known day by day. We have a gospel to proclaim, a mission field to reach and young people's lives to transform. With God's help and with God's guidance, along with your support, we look forward to what God will do over the coming year.
In the service of Christ
Peace and blessings
The Revd Steve Robinson
Chair of Trustees, Swindon Youth for Christ
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
1. REPORT ON ACTIVITY
Achievements and performance 1[st] April 2022 – 31[st] March 2023
It is difficult if not impossible to measur0e the success or otherwise of SYFC, in terms of numbers alone. Our mission and vision requires us to share the good news of Jesus Christ and arguably any circumstance where SYFC is involved in the lives of young people meets this goal.
With the increasing flexibility offered by the removal of COVID based restrictions SYFC's activities have expanded during the year. A range of activities have been delivered and new initiatives are planned for the future. The organisation has continued to follow its strategic decision to offer support and enable activity for work with young people in local churches.
Alongside this, the HUB meetings have continued: this is an informal gathering on a regular basis to designed to support all those who work with young people in our churches. Informal gatherings for young people (SYNERGY) have been held throughout the year. These include opportunities to meet, worship, learn and enjoy activities together.
To develop our activity on larger scale events SYFC have employed and events and residentials coordinator. Jen Hodgson has worked alongside the Centre Director to design and deliver these programmes.
Events 2022 to 2023
Residential gatherings
11[th] -13[th] March 2022 24[th] - 26[th] March 2023
HUB (Youth Workers)
20[th] June 2022 19[th] September 20221 17[th] October 2022 21[st] November 2022 12[th] December 2022 20[th] February 2022 20[th] March 2023
SYNERGY (Young people’s gatherings)
2[nd] July 2022 Synergy Event 3[rd] February 2023 Synergy Serve 10[th] March 2023 Synergy The Event
Other
2[nd] June 2022 Fundraiser
2[nd] July 2022 Resource Fare
3[rd] December 2022 Christmas Wrap Up
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
Fundraising Activity
SYFC now employ a dedicated fundraiser Kirsten Davidson. Kirsten has contacted a range of organisations detailing our activities across Swindon with the aim of obtaining supportive funding. Kirsten is also in contact with all of the churches across Swindon and we're pleased to report that support from this source is holding up well
Organisational Activity
Our social media presence is being maintained through email communication; weekly prayer blogs, activities, resources and spiritual content. Whilst we received some good feedback, this is largely unquantifiable data of how many people engaged with it.
The HUB: Youth and children’s workers gatherings had been encouraging attendance with youth and children’s workers attending regularly for mutual support, prayer and resource sharing. This proved very helpful to those who attended as it gave opportunity to empower churches in reaching their young people.
In March 2021, the Trustees agreed that Swindon Youth for Christ would review its working pattern. An operations framework that was more scalable in line with resources was envisaged – this was developed with the help of the churches in Swindon and continued through the current financial year with a review planned for mid-2023.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
2. STRUCTURE, GOVERNANCE, LEADERSHIP AND MANAGEMENT
Swindon Youth for Christ is a charitable organisation established in 1950. The charity is organised and governed under its constitution dated 15[th] October 2007 which sets out the objects and powers of the charity. Members (partners) support the aims of the organisation and are invited to the Annual General Meeting. Members elect the Trustees, these individuals making up the Executive Committee who direct the overall strategy and policies of SYFC and oversee the day-to-day activity in conjunction with the Centre Director.
3. RECRUITMENT AND APPOINTMENT OF TRUSTEES
The trustees give their time freely and receive no remuneration or other financial benefits. The trustees seek to ensure that the needs of the work are appropriately reflected through the diversity of the trustee body and seek to identify potential new trustees through the work they are doing.
4. INDUCTION AND TRAINING OF TRUSTEES
Potential new trustees meet with the Chair of Trustees. An overview of the charity’s work and the rights and responsibilities of being a trustee are provided at this meeting. The potential trustee is then invited to attend three Trustees’ meetings as an observer. After this the existing trustees formally vote on the suitability of each candidate as a trustee and once accepted can thereafter function on the committee as co-opted members. At the first Annual General Meeting following this, the members of the charity vote on whether to accept the co-opted as full trustees.
5. RISK MANAGEMENT
The trustees regularly oversee and review the major risks to which the charity is exposed. At the end of the year in question the trustees have assessed the charity’s main risk as the implications of government sanctions on the general public and organisations in the light of the Covid-19 global pandemic. The key risks are re-assessed monthly.
The next most significant risk is a reduction in funding from all sources and a strategic plan has been put into place to deal with this issue. All other risks are reviewed regularly, and policies and procedures put in place to mitigate the risk to the charity. In addition to the above all prospective employees and volunteers undertake a Disclosure Barring Service check as per our Safer Recruitment Safeguarding Policies.
6. ORGANISATIONAL STRUCTURE
The trustees met together regularly and are responsible for the strategic direction of SYFC and the activities undertaken by the charity. The trustees call special meetings if required. The dayto-day management of SYFC is the responsibility of the Director, who ensures that the team continue to develop skills and working practices in line with ‘best practice’. This is monitored through regular supervision meetings and annual appraisals which are carried out for staff at every level in the organisation.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
The organisation will be considering the appointment of a Council of Reference of local church leaders from whom the Director and Trustees will seek advice on vision and strategy and any exceptional day to day matters.
Swindon Youth for Christ consists of a vast array of people who are involved in many contrasting ways. We are almost completely dependent on our many partners and partner churches for funding and prayer support. Many volunteers and associates work with our dedicated staff to organise some fantastic youth events, and to maintain a high level of input into many of the local secondary schools. Others work tirelessly in administration and resourcing the team.
We are very thankful to everyone who has contributed time, prayers and money to the work of SYFC over the past year; in doing so you have enabled many thousands of young people to become more aware of the Good News of Jesus Christ and the power it can have in their lives.
7. STATEMENT OF BENEFIT TO THE COMMUNITY
As a registered charity, and in line with the requirements of Section 4 of the Charities Act 2006, the staff and trustees of Swindon Youth for Christ acknowledge that:
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Our work does have an identifiable benefit to those we work with.
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These benefits are related to our aims.
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These benefits are clear.
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These benefits are not the cause of any detriment or harm.
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The aims are appropriate to the beneficiaries and vice-versa.
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The opportunity to benefit from our work is not unreasonably restricted to geographical restrictions, or by the ability to pay any fees charged.
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People in poverty are not excluded from benefiting from our work.
8. FINANCIAL REVIEW
The charity operates a simple business model with income from donations and grants used to fund a small team focussed on youth ministry and the administration costs of the organisation. Trustees review forecasts for the current and future financial year bi-monthly. This providing sufficient lead-time to implement any decisions required to adjust its cost base in line with income predictions.
In recent years it has become increasingly difficult to obtain grant income, especially if you’re a faith-based charity and no grant income was received in 2022-23. At the same time donations from churches have reduced since pre-pandemic levels. We remain tremendously grateful for the support provided by local churches without which we would struggle to operate and acknowledge their generosity at a time when they face their own financial challenges.
The charity ended the financial year with total funds of £27,873 (2021 - 2022 £46,159).
In line with charity commission guidance, Trustees aim to maintain reserves of at least £30,000: this is deemed sufficient to cover three months’ running costs plus any costs required to close the charity. Whilst the year-end balance was slightly below this; the charity is owed £5,000 Gift
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
Aid from HMRC in respect of donations made during 2022-23 and had this been received the reserves policy would have been met.
During the year the charity reported a loss of £18,984, compared to a small gain of £698 in 2021-22. This was in line with budgeted expectations, Trustees choosing to reduce reserves in order to sustain activity supporting churches and youth work.
Total expenditure was £91,807 (2021-22 £76,371). All of this was used to pay wages, social security payments and staff expenses (including pension contributions) supporting charitable activities. £5,188 was spent on fund-raising, enabling volunteers to raise money through a skydive and abseiling down the Spinnaker Tower. These events both delivered a surplus and helped promote the charity within the local area.
Total income was £72,823 (2021-22 £77,069). The charity continues to benefit from a diversified income stream being sustained by donations from churches and individuals. It aims to supplement this through grant applications, though as noted earlier this is increasingly difficult. During the year, support from churches was £16,922; an increase from the £15,156 received in 2021-22. The increase due to a one-off donation from Churches Together. The continued generosity of individuals saw donations of £43,380 (2021-22 £41,287) and fundraising income of £9,171.
We are grateful to every supporter and church who gave regularly or via a one-off gift towards the ministry in the past year and are always amazed by the faithful provision for our work.
9. PRINCIPAL FUNDING SOURCES
Our main source of funding for general charitable purposes is receipt of donations from individuals and churches. We also receive grants for specific projects and this money is held in restricted funds.
Our thanks go to: all those churches and individuals who donated to support our work this year without which Swindon Youth for Christ wouldn't exist.
10. INVESTMENT POLICY
The charity has no long-term investments. All our money including any reserves is kept in current bank accounts, which includes a higher interest charity deposit account.
11. RESERVES POLICY
The charity has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be equal to or greater than three months running costs plus any costs required to close the charity.
12. PLANS FOR FUTURE PERIODS
The charity plans to continue the activities outlined in this document in the forthcoming years subject to satisfactory funding arrangements. The Trustees intend to continue focussing on developing additional sources of funding and maintaining the charity’s links with its partners and major grant donors, ensuring that the charity’s standard of service is maintained and improved to meet its beneficiaries and its donor’s requirements.
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Swindon Youth for Christ ANNUAL REPORT 2022 -23
13. FINANCIAL STATEMENTS
These are contained in the document Financial Statements for the year ended 31 March 2023.
THIS DOCUMENT was approved by the members at the Annual General Meeting held on Wednesday 13[th] December 2023.
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REGISTERED CHARITY NUMBER: 274402
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Swindon Youth for Christ
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Swindon Youth for Christ
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 | to | 10 |
Swindon Youth for Christ
for the Year Ended 31 March 2023
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
274402
Principal address
St Johns Church Whitbourne Avenue Swindon Wiltshire SN3 2LG
Trustees
Independent Examiner
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Approved by order of the board of trustees on 13 December 2023 and signed on its behalf by:
Steve Robinson
Chair of Trustees
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Independent Examiner's Report to the Trustees of Swindon Youth for Christ
Independent examiner's report to the trustees of Swindon Youth for Christ
I report to the charity trustees on my examination of the accounts of Swindon Youth for Christ (the Trust) for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Vaughan Institute of Chartered Accountants in England and Wales Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
4 October 2023
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Swindon Youth for Christ
Statement of Financial Activities for the Year Ended 31 March 2023
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 58,550 | 66,086 | |
| Other trading activities | 2 | 9,171 | 361 |
| Investment income | 3 | 143 | 16 |
| Other income | 4,959 | 10,606 | |
| Total | 72,823 | 77,069 | |
| EXPENDITURE ON | |||
| Raising funds | 5,188 | - | |
| Charitable activities | |||
| Gospel Propagation | 86,619 | 76,371 | |
| Total | 91,807 | 76,371 | |
| NET INCOME/(EXPENDITURE) | (18,984) | 698 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 46,857 | 46,159 | |
| TOTAL FUNDS CARRIED FORWARD | 27,873 | 46,857 |
The notes form part of these financial statements
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Swindon Youth for Christ
Balance Sheet
31 March 2023
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 27,873 | 46,857 | |
| NET CURRENT ASSETS | 27,873 | 46,857 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 27,873 | 46,857 | |
| NET ASSETS | 27,873 | 46,857 | |
| FUNDS | 7 | ||
| Unrestricted funds | 27,873 | 46,857 | |
| TOTAL FUNDS | 27,873 | 46,857 |
The financial statements were approved by the Board of Trustees and authorised for issue on 4 October 2023 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
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Swindon Youth for Christ
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Fundraising events | 9,171 | 361 |
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continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
3. INVESTMENT INCOME
Deposit account interest
----- Start of picture text -----
31.3.23 31.3.22
£ £
143 16
----- End of picture text -----
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| Church work Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 66,086 Other trading activities 361 Investment income 16 Other income 10,606 Total 77,069 EXPENDITURE ON Charitable activities Gospel Propagation 76,371 NET INCOME 698 RECONCILIATION OF FUNDS Total funds brought forward 46,159 TOTAL FUNDS CARRIED FORWARD 46,857 |
31.3.23 2 1 3 Restricted funds £ - - - - - - - - - |
31.3.22 2 1 3 Total funds £ 66,086 361 16 10,606 77,069 76,371 698 46,159 46,857 |
31.3.22 2 1 3 Total funds £ 66,086 361 16 10,606 77,069 76,371 698 46,159 46,857 |
|---|---|---|---|
| 77,069 | |||
| 76,371 | |||
| 698 46,159 |
|||
| 46,857 |
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continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.4.22 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,488 | (18,984) | 17,504 |
| Reserve | 10,369 | - | 10,369 |
| 46,857 | (18,984) | 27,873 | |
| TOTAL FUNDS | 46,857 | (18,984) | 27,873 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 72,823 | (91,807) | (18,984) |
| TOTAL FUNDS | 72,823 | (91,807) | (18,984) |
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.4.21 | in funds | 31.3.22 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 35,790 |
698 | 36,488 |
| Reserve 10,369 |
- | 10,369 |
| 46,159 | 698 | 46,857 |
| TOTAL FUNDS 46,159 |
698 | 46,857 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 77,069 |
(76,371) | 698 |
| TOTAL FUNDS 77,069 |
(76,371) | 698 |
continued...
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Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.21 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 35,790 | (18,286) | 17,504 |
| Reserve | 10,369 | - | 10,369 |
| 46,159 | (18,286) | 27,873 | |
| TOTAL FUNDS | 46,159 | (18,286) | 27,873 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 149,892 | (168,178) | (18,286) |
| TOTAL FUNDS | 149,892 | (168,178) | (18,286) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
8
Swindon Youth for Christ
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2023 | ||
| 31.3.23 | 31.3.22 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 58,550 | 65,086 |
| Grants | - | 1,000 |
| 58,550 | 66,086 | |
| Other trading activities | ||
| Fundraising events | 9,171 | 361 |
| Investment income | ||
| Deposit account interest | 143 | 16 |
| Other income | ||
| Other income | 3,489 | 7,460 |
| Commissioned schools work | 1,470 | 3,146 |
| 4,959 | 10,606 | |
| Total incoming resources | 72,823 | 77,069 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | 5,188 | - |
| Charitable activities | ||
| Wages | 54,104 | 49,502 |
| Social security | 2,400 | 7,130 |
| Pensions | 6,445 | 838 |
| Other operating leases | 3,744 | 3,744 |
| Volunteer expenses | 1,432 | 2,342 |
| Support events | 157 | 28 |
| Schools work | 864 | 1,000 |
| Youth programmes | 6,033 | 2,379 |
| Motor expenses | 3,031 | 1,296 |
| Team building | 386 | 460 |
| 78,596 | 68,719 | |
| Support costs | ||
| Management | ||
| Insurance | - | 2,360 |
| Office costs | 4,193 | 3,564 |
| Professional fees | 354 | 360 |
| 4,547 | 6,284 |
This page does not form part of the statutory financial statements
9
Swindon Youth for Christ
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| Management | ||
| Finance | ||
| Bank charges | 117 | 143 |
| Information technology | ||
| Information technology | 3,359 | 1,225 |
| Total resources expended | 91,807 | 76,371 |
| Net income | (18,984) | 698 |
This page does not form part of the statutory financial statements
10
REGISTERED CHARITY NUMBER: 274402
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Swindon Youth for Christ
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Swindon Youth for Christ
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 | to | 10 |
Swindon Youth for Christ
for the Year Ended 31 March 2023
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
274402
Principal address
St Johns Church Whitbourne Avenue Swindon Wiltshire SN3 2LG
Trustees
Independent Examiner
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
Approved by order of the board of trustees on 13 December 2023 and signed on its behalf by:
Steve Robinson
Chair of Trustees
1
Independent Examiner's Report to the Trustees of Swindon Youth for Christ
Independent examiner's report to the trustees of Swindon Youth for Christ
I report to the charity trustees on my examination of the accounts of Swindon Youth for Christ (the Trust) for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Vaughan Institute of Chartered Accountants in England and Wales Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
4 October 2023
2
Swindon Youth for Christ
Statement of Financial Activities for the Year Ended 31 March 2023
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 58,550 | 66,086 | |
| Other trading activities | 2 | 9,171 | 361 |
| Investment income | 3 | 143 | 16 |
| Other income | 4,959 | 10,606 | |
| Total | 72,823 | 77,069 | |
| EXPENDITURE ON | |||
| Raising funds | 5,188 | - | |
| Charitable activities | |||
| Gospel Propagation | 86,619 | 76,371 | |
| Total | 91,807 | 76,371 | |
| NET INCOME/(EXPENDITURE) | (18,984) | 698 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 46,857 | 46,159 | |
| TOTAL FUNDS CARRIED FORWARD | 27,873 | 46,857 |
The notes form part of these financial statements
3
Swindon Youth for Christ
Balance Sheet
31 March 2023
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 27,873 | 46,857 | |
| NET CURRENT ASSETS | 27,873 | 46,857 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 27,873 | 46,857 | |
| NET ASSETS | 27,873 | 46,857 | |
| FUNDS | 7 | ||
| Unrestricted funds | 27,873 | 46,857 | |
| TOTAL FUNDS | 27,873 | 46,857 |
The financial statements were approved by the Board of Trustees and authorised for issue on 4 October 2023 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
4
Swindon Youth for Christ
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Fundraising events | 9,171 | 361 |
5
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
3. INVESTMENT INCOME
Deposit account interest
----- Start of picture text -----
31.3.23 31.3.22
£ £
143 16
----- End of picture text -----
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| Church work Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 66,086 Other trading activities 361 Investment income 16 Other income 10,606 Total 77,069 EXPENDITURE ON Charitable activities Gospel Propagation 76,371 NET INCOME 698 RECONCILIATION OF FUNDS Total funds brought forward 46,159 TOTAL FUNDS CARRIED FORWARD 46,857 |
31.3.23 2 1 3 Restricted funds £ - - - - - - - - - |
31.3.22 2 1 3 Total funds £ 66,086 361 16 10,606 77,069 76,371 698 46,159 46,857 |
31.3.22 2 1 3 Total funds £ 66,086 361 16 10,606 77,069 76,371 698 46,159 46,857 |
|---|---|---|---|
| 77,069 | |||
| 76,371 | |||
| 698 46,159 |
|||
| 46,857 |
6
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.4.22 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,488 | (18,984) | 17,504 |
| Reserve | 10,369 | - | 10,369 |
| 46,857 | (18,984) | 27,873 | |
| TOTAL FUNDS | 46,857 | (18,984) | 27,873 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 72,823 | (91,807) | (18,984) |
| TOTAL FUNDS | 72,823 | (91,807) | (18,984) |
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.4.21 | in funds | 31.3.22 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 35,790 |
698 | 36,488 |
| Reserve 10,369 |
- | 10,369 |
| 46,159 | 698 | 46,857 |
| TOTAL FUNDS 46,159 |
698 | 46,857 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 77,069 |
(76,371) | 698 |
| TOTAL FUNDS 77,069 |
(76,371) | 698 |
continued...
7
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.21 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 35,790 | (18,286) | 17,504 |
| Reserve | 10,369 | - | 10,369 |
| 46,159 | (18,286) | 27,873 | |
| TOTAL FUNDS | 46,159 | (18,286) | 27,873 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 149,892 | (168,178) | (18,286) |
| TOTAL FUNDS | 149,892 | (168,178) | (18,286) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
8
Swindon Youth for Christ
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2023 | ||
| 31.3.23 | 31.3.22 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 58,550 | 65,086 |
| Grants | - | 1,000 |
| 58,550 | 66,086 | |
| Other trading activities | ||
| Fundraising events | 9,171 | 361 |
| Investment income | ||
| Deposit account interest | 143 | 16 |
| Other income | ||
| Other income | 3,489 | 7,460 |
| Commissioned schools work | 1,470 | 3,146 |
| 4,959 | 10,606 | |
| Total incoming resources | 72,823 | 77,069 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | 5,188 | - |
| Charitable activities | ||
| Wages | 54,104 | 49,502 |
| Social security | 2,400 | 7,130 |
| Pensions | 6,445 | 838 |
| Other operating leases | 3,744 | 3,744 |
| Volunteer expenses | 1,432 | 2,342 |
| Support events | 157 | 28 |
| Schools work | 864 | 1,000 |
| Youth programmes | 6,033 | 2,379 |
| Motor expenses | 3,031 | 1,296 |
| Team building | 386 | 460 |
| 78,596 | 68,719 | |
| Support costs | ||
| Management | ||
| Insurance | - | 2,360 |
| Office costs | 4,193 | 3,564 |
| Professional fees | 354 | 360 |
| 4,547 | 6,284 |
This page does not form part of the statutory financial statements
9
Swindon Youth for Christ
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| Management | ||
| Finance | ||
| Bank charges | 117 | 143 |
| Information technology | ||
| Information technology | 3,359 | 1,225 |
| Total resources expended | 91,807 | 76,371 |
| Net income | (18,984) | 698 |
This page does not form part of the statutory financial statements
10