1
Swindon Youth for Christ ANNUAL REPORT 2023-24
Year End 31[st] March 2024
Charity Number: 274402
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
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 | |
| Executve Commitee: | David Ahern (Reappointed February 2019) |
| (Trustees) | Ruth Barret (Appointed 21 June 2021) |
| David Howell (resigned as Trustee 31stMarch 2023) | |
| Elizabeth Martn (Appointed 19thJuly 2017) | |
| Steve Robinson (Appointed 5thJan 2021; Chair from Feb 2021) | |
| Gavin Mapstone (Appointed 21stFebruary 2024; Treasurer) | |
| Full-Time Staf: | Post of Centre Director - vacant |
| Part-Time Staf: | Chris Davison – Finance Ofcer |
| Naomi Ackland – Ofce Co-ordinator | |
| Interns: | Kirsty Damiral |
| Independent Auditor: | Chris Vaughan |
| Bankers: | Lloyds, CAF Bank & Co-operatve |
| Ofce Address: | Postal Address: | Contacts |
|---|---|---|
| St. John’s Church, | PO Box 2352 | Tel: 01793 977676 |
| Whitbourne Ave, | Swindon | Email:ofce@syfc.org.uk |
| Swindon, | Wiltshire | Website: |
| SN3 2LG | SN2 1WE | htsp://swindon.yfc.co.uk |
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
CONTENTS
| Organisaton Details | Page 2 |
|---|---|
| Objectves of the Organisaton | Page 3 |
| Chair of Trustees Report | Pages 4 to 6 |
| Achievements and Performance | Page 7 |
| Governance | Page 8 to 9 |
| Financial Maters | Pages 9 to 10 |
OBJECTIVES OF THE ORGANISATION:
From the Constitution of SWINDON YOUTH FOR CHRIST Adopted 15th October 2007
- 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;
- 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 2023 -24
REPORT FROM THE CHAIR OF TRUSTEES
I believe in Christianity as I believe that the sun has risen: not only because I see it, but because by it I see everything else.
C S Lewis (author of the “Narnia” books) composed these words soon after he had come to a living faith in Christ. Once, as a high-flying academic at Oxford University, he had rejected the claims of Jesus as preposterous: now he was ready to recognise that his new found faith meant that the whole of existence had to be seen in a different light.
Faith by its very nature, cannot be static. It demands ongoing reflection - to see where we are and ask what God wants of us. Faith also requires constant and consistent application to realise the full spiritual benefits from our relationship with God. This partnership - to build His God’s Kingdom - is reflected in our partnership with others in the local community and beyond.
It is this God centred relationship which is the beating heart of SYFC’s activities and which drives our daily work to realise God’s Vision for our work amongst children and young people in Swindon.
The wider picture
SYFC is the longest established 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. We have also begun to build on closer links, including shared resourcing, with other local centres in Wiltshire and Gloucester.
Engaging in God’s Mission
In my last annual report, I noted the ongoing impact of the COVID epidemic on church life. It is fair to say the churches have yet to recover something of their former vibrancy following lockdown, with many churches being challenged both by falling numbers and pressure on finances.
We continue to explore new and relevant ways of expressing God's love to the young people in our town. It is a developing and growing area with many young families and children. The impact of COVID on young people has been recognised through national initiatives and we have been able to consider how we might support existing work and curate new work to provide a framework for young people as they look to the future.
This meant that we had to give careful consideration to the kind of work we would undertake given their own financial constraints. There remain many opportunities to work with children and young people and I am pleased to report that having focused on mental
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
health issues an individual mentoring, that we have been able to support many people in both a one-to-one setting and through joint events.
We continue to run events for youth workers and for Christian young people across all of Swindon churches. We have also run fundraisers and a residential weekend away for young people, where many were encouraged and supported in their faith journeys.
With the pressure on local churches, we have been able to come alongside existing work by providing additional help and advice where needed. We continue to develop partnerships with local groups and churches and Kirsten from the SYFC team has continued to reach out to churches and others to update them about our work and to seek funding for new initiatives.
Centre Director
During the year, SYFC has faced significant challenges, not least in the area of local leadership. Dave Clarke our long serving and much loved Centre Director stood down in 2023 to care for his very ill daughter. Space does not permit me to list all that Dave has done in the service of Christ through his work at SYFC –and it is right I record our thanks to him for his commitment, vision and insight, all of which have been so valuable to Trustees and which underpin his personal ministry.
There are so many young people who have been touched through Dave’s work and example. Dave maintained a hands-on approach to the work of the centre as well as seeking God's will for the strategic growth of SYFC's work in the town. Many ministers have been challenged and supported by Dave and through his willingness to engage with churches across the theological spectrum.
Dave’s departure led to a period of reflection within the Trustee body who met on a monthly basis through the latter months of 2023. It was decided to seek a replacement with a specific brief to build on the work that Dave had begun. The post was advertised both locally and through national contacts including YFC National.
Two candidates were interviewed after the financial year end but neither was appointed and we have invited Naomi Acland to take on the role of temporary Centre Director from summer 2024 pending further reflections on the way forward.
Staf and Trustee Maters
We were unable to fully realise our plans to recruit a team of interns from the local area. Kirsty Damiral joined the team as our only intern in 2023/24, balancing her work with SYFC alongside a placement in two local churches. It is pleasing to note that on completion of her work with us, Kirsty intends to move into full time Christian work
Jen Hodgson left us at Christmas 2023 on the expiration of her contract. Jen worked hard to publicise our work and to organise the various activities that SYFC run across the churches of the town. Jen leaves us with our very best wishes as she explores her ministry for the future.
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
Chris Davison our Finance Officer retired at the end of the Financial year (March 2023). Chris has served SYFC so faithfully for many years, bringing wise counsel and practical advice. to the work we do. We were able to express our thanks and best wishes to Chris at a special social event held at St John’s Church in the Parks.
Chris Priddy, a former Director, of SYFC has stepped into Chris’ role.
During the year James Parrish, Matt Winbow and Jamie McNutt stood down as trustees. In in their very different ways, they brought a wealth of wisdom and spiritual oversight to the work of the trustee board. They will be difficult to replace but we are continuing to look for new trustees who will bring fresh insights and direction to our work.
Supportng 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 throughout 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.
Taking the next steps
Once again, I'd like to express my thanks to my fellow trustees who have given sacrificially of their time, talents and prayer to support the work of the organisation. They have all offered their gifts freely, supporting staff and helping with administrative tasks when required. It is indeed a privilege to serve with you all.
As we look to the future, we can look forward with confidence as we believe that God has called us to work with him and with local churches the better to better the lives of the young people in this town. We have a message of hope that even in the darkest of days shines through and which continues to offer the reality of a new relationship with God whatever our immediate circumstances might be.
All of us on the trustee board can testify to the transformation that faith in God can bring. We are committed to doing what we can to ensure that all can hear in a relevant and clear way that they are precious to God and that with him their life can have meaning and
direction. We trust add hope that with the plans we are looking to put into place for the next year will continue to realise the vision of SYFC that has been built on the solid foundations are they lifetimes ministry in the town.
In the service of Christ Peace and blessings
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
The Revd Steve Robinson
Chair of Trustees, Swindon Youth for Christ
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1. REPORT ON ACTIVITY
As we reflect on the past year, it’s impossible not to feel a sense of pride and gratitude for the incredible journey we’ve undertaken together. We were fortunate to welcome Intern Kirsty Damiral into our fold this school year. With her vibrant spirit and dedication, Kirsty became an integral part of our mission, working closely with two wonderful churches: Pattern Church and St Mary’s Church Purton. Throughout the week, she organised youth clubs that buzzed with energy, and on Sundays, she connected with young people during both morning and evening services, nurturing their faith and friendships.
One of our standout initiatives this year was the three Synergy ‘The Event’ gatherings. These townwide themed events became a beacon of hope and joy for young people, drawing them together to worship, play games, forge lasting friendships, and engage with talks designed for their age group. The enthusiasm surrounding these events was palpable as participants from various churches came together, creating a sense of community that smaller congregations often struggle to provide. The smiles and energy at these events truly illustrated the need for such gatherings.
In February, we embarked on a transformative weekend residential, welcoming forty-seven young people, including thirty-three who had never previously engaged in church. This retreat was much more than just a getaway; it served as a sacred space for these young people to explore the gospel, deepen their faith, and foster a personal connection with God. Through a mix of engaging activities and heartfelt discussions, we witnessed remarkable spiritual growth, creating memories and bonds that will last a lifetime.
However, this year was not without its bittersweet moments. We bid farewell to our adored Centre Director, Dave Clarke, in October. His leadership and passion were irreplaceable, and his departure left a void in our hearts. In January, we also said goodbye to Jen Hodgson and Chris Davison, who enriched our team in countless ways. Their contributions will forever be cherished, and their absence will be felt deeply.
In a move that underscores our commitment to the well-being of young people, we proudly launched the Healthy Minds Project in January. This initiative embraces a holistic, three-tiered approach to support mental health in schools. Our work began at Nova Hreod, where we introduced a thirtyminute one-on-one listening service for students navigating the challenges of adolescent life. Each week, we have been able to connect with ten young individuals, providing them with a safe space to share their struggles. The positive impact on their school attendance has been encouraging, highlighting the importance of mental health support in fostering a thriving educational environment.
Looking back on this year, we are filled with hope and determination. Together, we have created a nurturing community that uplifts our young people, helping them to grow in faith, friendship, and resilience. The journey continues, and we are excited for what lies ahead.
Every blessing
Naomi Ackland
Interim Director for Swindon Youth for Christ
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Swindon Youth for Christ ANNUAL REPORT 2023 -24
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 day-to-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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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 of the organisation.
We remain tremendously grateful for the support provided by local churches and individuals without which we would struggle to operate and acknowledge their generosity at a time when they face their own financial challenges.
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 line with charity commission guidance, Trustees aim to maintain
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reserves deemed sufficient to cover three months’ running costs plus any costs required to close the charity.
The charity ended the financial year with total funds of £25,155 (2022-23 £27,873). Sufficient to meet its reserves policy.
During the year the charity reported a small loss of £2,717 (2021-22, loss of £18,984). This was better than the budget (which was based on a £9k loss) and arose due to a combination of vacancies and non-pay costs being lower than budgeted.
Total expenditure was £74,425 (2022-23, £91,807). The majority of this was used to pay wages, social security payments and staff expenses (including pension contributions) supporting charitable activities. Total salary costs were £53,011 (2022-23 £61,242). The reduction in cost arising due to the resignation of the Centre Director during the year. Repair and replacement costs for the SYFC van and IT were also lower than for the previous year.
Total income was £71,707 (2022-23 £72,823). The charity continues to benefit from a diversified income stream being sustained by donations from churches and individuals which provided £56,365 (2022-23 £58,550). It aims to supplement this through grant applications though it has been challenging to access this funding post-Covid and there was no grant income in 2023-24 (2022-23 nil).
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
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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.
13. FINANCIAL STATEMENTS
These are contained in the document Financial Statements for the year ended 31 March 2024.
THIS DOCUMENT was approved by the Trustees at the Annual General Meeting held on Wednesday 28[th] November 2024.
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REGISTERED CHARITY NUMBER: 274402
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
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 2024
| 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 2024
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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
The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 and were signed on its behalf by:
Trustee
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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 2024.
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
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
20 November 2024
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Swindon Youth for Christ
Statement of Financial Activities for the Year Ended 31 March 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 56,365 | 58,550 | |
| Other trading activities | 2 | 10,585 | 9,171 |
| Investment income | 3 | 400 | 143 |
| Other income | 4,357 | 4,959 | |
| Total | 71,707 | 72,823 | |
| EXPENDITURE ON | |||
| Raising funds | 575 | 5,188 | |
| Charitable activities | |||
| Gospel Propagation | 73,850 | 86,619 | |
| Total | 74,425 | 91,807 | |
| NET INCOME/(EXPENDITURE) | (2,718) | (18,984) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 27,873 | 46,857 | |
| TOTAL FUNDS CARRIED FORWARD | 25,155 | 27,873 |
The notes form part of these financial statements
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Swindon Youth for Christ
Balance Sheet
31 March 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 25,155 | 27,873 | |
| NET CURRENT ASSETS | 25,155 | 27,873 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 25,155 | 27,873 | |
| NET ASSETS | 25,155 | 27,873 | |
| FUNDS | 7 | ||
| Unrestricted funds | 25,155 | 27,873 | |
| TOTAL FUNDS | 25,155 | 27,873 |
The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 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 2024
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 | ||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| Fundraising events | 10,585 | 9,171 |
5
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| Deposit account interest | 400 | 143 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
| Trustees' expenses STAFF COSTS The average monthly number of employees during the year was as follows: Church work Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment income Other income Total EXPENDITURE ON Raising funds Charitable activities Gospel Propagation Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward |
31.3.24 31.3.23 £ £ 56 - 31.3.24 31.3.23 2 2 1 1 3 3 Unrestricted funds £ 58,550 9,171 143 4,959 72,823 5,188 86,619 91,807 (18,984) 46,857 |
|---|---|
5. STAFF COSTS
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
6
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | |||
|---|---|---|---|
| funds | |||
| £ | |||
| TOTAL FUNDS CARRIED FORWARD | 27,873 | ||
| 7. | MOVEMENT IN FUNDS | ||
| Net | |||
| movement | At | ||
| At 1.4.23 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund 27,873 |
(2,718) | 25,155 | |
| TOTAL FUNDS 27,873 |
(2,718) | 25,155 | |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund 71,707 |
(74,425) | (2,718) | |
| TOTAL FUNDS 71,707 |
(74,425) | (2,718) | |
| Comparatives for 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 | |
| Comparative 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) |
continued...
7
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.22 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,488 | (21,702) | 14,786 |
| Reserve | 10,369 | - | 10,369 |
| 46,857 | (21,702) | 25,155 | |
| TOTAL FUNDS | 46,857 | (21,702) | 25,155 |
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 | 144,530 | (166,232) | (21,702) |
| TOTAL FUNDS | 144,530 | (166,232) | (21,702) |
8. RELATED PARTY DISCLOSURES
As the income of the charity does not exceed £250,000, and any such transactions are immaterial, it is not required to disclose related party transactions.
8
Swindon Youth for Christ
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2024 | ||
| 31.3.24 | 31.3.23 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 56,365 | 58,550 |
| Other trading activities | ||
| Fundraising events | 10,585 | 9,171 |
| Investment income | ||
| Deposit account interest | 400 | 143 |
| Other income | ||
| Other income | 4,357 | 3,489 |
| Commissioned schools work | - | 1,470 |
| 4,357 | 4,959 | |
| Total incoming resources | 71,707 | 72,823 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | 575 | 5,188 |
| Charitable activities | ||
| Wages | 48,237 | 54,104 |
| Social security | 976 | 2,400 |
| Pensions | 3,798 | 4,738 |
| Other operating leases | 3,744 | 3,744 |
| Sundries | 830 | 1,707 |
| Volunteer expenses | 1,102 | 1,432 |
| Support events | 35 | 157 |
| Schools work | 63 | 864 |
| Youth programmes | 6,234 | 6,033 |
| Motor expenses | 933 | 3,031 |
| Team building | 717 | 386 |
| 66,669 | 78,596 | |
| Support costs | ||
| Management | ||
| Insurance | 1,280 | - |
| Office costs | 4,204 | 4,193 |
| Professional fees | 565 | 354 |
| 6,049 | 4,547 | |
| Finance | ||
| Bank charges | 128 | 117 |
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 2024
| Detailed Statement of Financial Activities for the Year Ended 31 March 2024 |
||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| Finance | ||
| Information technology | ||
| Information technology | 948 | 3,359 |
| Governance costs | ||
| Trustees' expenses | 56 | - |
| Total resources expended | 74,425 | 91,807 |
| Net income | (2,718) | (18,984) |
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 2024
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 2024
| 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 2024
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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
The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 and were signed on its behalf by:
Trustee
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 2024.
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
Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA
20 November 2024
2
Swindon Youth for Christ
Statement of Financial Activities for the Year Ended 31 March 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 56,365 | 58,550 | |
| Other trading activities | 2 | 10,585 | 9,171 |
| Investment income | 3 | 400 | 143 |
| Other income | 4,357 | 4,959 | |
| Total | 71,707 | 72,823 | |
| EXPENDITURE ON | |||
| Raising funds | 575 | 5,188 | |
| Charitable activities | |||
| Gospel Propagation | 73,850 | 86,619 | |
| Total | 74,425 | 91,807 | |
| NET INCOME/(EXPENDITURE) | (2,718) | (18,984) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 27,873 | 46,857 | |
| TOTAL FUNDS CARRIED FORWARD | 25,155 | 27,873 |
The notes form part of these financial statements
3
Swindon Youth for Christ
Balance Sheet
31 March 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 25,155 | 27,873 | |
| NET CURRENT ASSETS | 25,155 | 27,873 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 25,155 | 27,873 | |
| NET ASSETS | 25,155 | 27,873 | |
| FUNDS | 7 | ||
| Unrestricted funds | 25,155 | 27,873 | |
| TOTAL FUNDS | 25,155 | 27,873 |
The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 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 2024
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 | ||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| Fundraising events | 10,585 | 9,171 |
5
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| Deposit account interest | 400 | 143 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
| Trustees' expenses STAFF COSTS The average monthly number of employees during the year was as follows: Church work Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment income Other income Total EXPENDITURE ON Raising funds Charitable activities Gospel Propagation Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward |
31.3.24 31.3.23 £ £ 56 - 31.3.24 31.3.23 2 2 1 1 3 3 Unrestricted funds £ 58,550 9,171 143 4,959 72,823 5,188 86,619 91,807 (18,984) 46,857 |
|---|---|
5. STAFF COSTS
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
6
continued...
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | |||
|---|---|---|---|
| funds | |||
| £ | |||
| TOTAL FUNDS CARRIED FORWARD | 27,873 | ||
| 7. | MOVEMENT IN FUNDS | ||
| Net | |||
| movement | At | ||
| At 1.4.23 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund 27,873 |
(2,718) | 25,155 | |
| TOTAL FUNDS 27,873 |
(2,718) | 25,155 | |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund 71,707 |
(74,425) | (2,718) | |
| TOTAL FUNDS 71,707 |
(74,425) | (2,718) | |
| Comparatives for 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 | |
| Comparative 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) |
continued...
7
Swindon Youth for Christ
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.22 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,488 | (21,702) | 14,786 |
| Reserve | 10,369 | - | 10,369 |
| 46,857 | (21,702) | 25,155 | |
| TOTAL FUNDS | 46,857 | (21,702) | 25,155 |
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 | 144,530 | (166,232) | (21,702) |
| TOTAL FUNDS | 144,530 | (166,232) | (21,702) |
8. RELATED PARTY DISCLOSURES
As the income of the charity does not exceed £250,000, and any such transactions are immaterial, it is not required to disclose related party transactions.
8
Swindon Youth for Christ
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2024 | ||
| 31.3.24 | 31.3.23 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 56,365 | 58,550 |
| Other trading activities | ||
| Fundraising events | 10,585 | 9,171 |
| Investment income | ||
| Deposit account interest | 400 | 143 |
| Other income | ||
| Other income | 4,357 | 3,489 |
| Commissioned schools work | - | 1,470 |
| 4,357 | 4,959 | |
| Total incoming resources | 71,707 | 72,823 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | 575 | 5,188 |
| Charitable activities | ||
| Wages | 48,237 | 54,104 |
| Social security | 976 | 2,400 |
| Pensions | 3,798 | 4,738 |
| Other operating leases | 3,744 | 3,744 |
| Sundries | 830 | 1,707 |
| Volunteer expenses | 1,102 | 1,432 |
| Support events | 35 | 157 |
| Schools work | 63 | 864 |
| Youth programmes | 6,234 | 6,033 |
| Motor expenses | 933 | 3,031 |
| Team building | 717 | 386 |
| 66,669 | 78,596 | |
| Support costs | ||
| Management | ||
| Insurance | 1,280 | - |
| Office costs | 4,204 | 4,193 |
| Professional fees | 565 | 354 |
| 6,049 | 4,547 | |
| Finance | ||
| Bank charges | 128 | 117 |
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 2024
| Detailed Statement of Financial Activities for the Year Ended 31 March 2024 |
||
|---|---|---|
| 31.3.24 | 31.3.23 | |
| Total | Total | |
| funds | funds | |
| £ | £ | |
| Finance | ||
| Information technology | ||
| Information technology | 948 | 3,359 |
| Governance costs | ||
| Trustees' expenses | 56 | - |
| Total resources expended | 74,425 | 91,807 |
| Net income | (2,718) | (18,984) |
This page does not form part of the statutory financial statements
10