CHRISTIAN YOUTH FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2024
CHRISTIAN YOUTH FOUNDATION
Financial Statement
For the year ended 31 March 2024
Contents:
1 Report of the directors 2 Income and expenditure account 3 Balance Sheet 4 Notes 5 Examiners report
Company Information:
Directors: Mr P Cunningham Mr D Tuakli Mrs S Head
Registered Office: Bonsall Holiday Camp, Uppertown, Bonsall DE4 2AW
Company registered number: 2259455
Charity registration: 326203
CHRISTIAN YOUTH FOUNDATION Director - Trustees report For the year ended 31 March 2024
The annual report and accounts for the year ended 31st March 2024 are set out on pages 2 to 4.
Principal Activity - the principal activity is to proclaim the Gospel of the Lord Jesus Christ among children and young people
Director-trustee-members - the company is limited by guarantee and the liability of each director-trustee is one hundred pounds
The charity is experiencing a season of popularity, with the camp being booked most weekend. The raising cost of our utilities have reduced our profit margin we are reluctant to increase our prices so we can accommodate churches and group who have limited resources
Peter Cunningham __________
Date
CHRISTIAN YOUTH FOUNDATION
Income and expenditure account For the year ended 31 March 2024
| Income Gifs Bookings Refunds Rent - bungalow Interest I R Refund Expenditure Premises Cost - utlites & insurance Repairs and renewals Bungalow Maint/Equipment etc Food Ofce Salary, Casual Wages and Expenses Finance costs - interest & charges General admin & professional fees Depreciaton on tangible fxed assets Surplus/defcit for the fnancial year |
2024 1,465 32,661 113 10,200 528 12,919 1,755 9,346 3 6,080 12 5,004 |
44,967 30,115 35,119 £ 9,848 |
2023 1,530 17,825 10,200 364 6,056 270 17,671 200 6,520 24 541 4,849 |
29,919 31,282 36,131 |
|---|---|---|---|---|
-£ 6,212 |
CHRISTIAN YOUTH FOUNDATION Balance Sheet
For the year ended 31 March 2024
| Fixed Assets Land and building -Cost Revaluaton Depreciaton At 1st April 2023 Charge for the year At 31st March 2024 Net book value Plant and equipment Depreciaton At 1st April 2023 Charge for the year At 31st March 2024 Net book value Current Assets Investments Cash at bank and on hand Creditors -Amounts falling due within one year Other creditors Loan Net Current Assets Creditors- -Amounts falling due within one year Loan Net Assets Reserves Revaluaton reserve Revenue Reserves |
2024 163,362 168,800 |
202,171 3,427 205,598 42,262 247,860 247,860 168,800 79,060 247,860 |
2023 163,362 168,800 |
|---|---|---|---|
332,162 126,202 3,789 |
332,162 122,524 3,678 |
||
129,991 36,457 |
126,202 36,457 |
||
31,815 1,215 |
30,644 1,171 |
||
33,030 |
31,815 |
||
42,791 |
27,939 |
||
42,791 529 529 |
27,939 529 529 |
||
For the year ending 31st March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The menbers have …..................................... company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prerpared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved 8 December 2020 Signed Mr P Cunningham - Director
205,960
4,642 210,602
27,410 238,012
238,012
168,800 69,212 238,012
CHRISTIAN YOUTH FOUNDATION Notes to the financial statements For the year ended 31 March 2024
1 Accounting policies - the accounts have been prepared under the historic cost convention and in accordance with applicable accounting standards. Tangible fixed assets and depreciation - depreciation is provided at the following rates to write off each asset over estimated useful life:
Building - 2% pa on cost Equipment - 10% reducing balance
CHRISTIAN YOUTH FOUNDATION Examiner's Report For the year ended 31 March 2024
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts.
The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Chasrities Act, and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general direction given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and conssequently no opinion is given as to whether the accounts present a " true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act: and
to prepare accounts which accord with the accounting records and comply accounting requirements of the Charities Act.
have not been met or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be achieved.
David Quinn ______ Annex, Rehoboth, Uppertown Bonsall, Matlock Derbyshire DE4 2AW
8th August 2024
Christian Youth Foundation
1st April 2023 to 31st Mar 2024
Brought Forward from 1st April 2023
| Green Pastures Investments Current Acc 10,943.89 Main Acc 130.66 FOB Yorkshire 5,777.24 FOB Natwest 10,370.72 Petty Cash 716.63 Bookings 32,660.75 Rents 10,200.00 Gifts 1,465.00 Refunds/Loans 113.07 Gift Aid 221.28 Friend of Bonsalll Interest 307.01 |
27,939.14 44,967.11 |
|---|---|
| Mortgage Repayment | |||
|---|---|---|---|
| Equipment |
2,190.26 | ||
| Maintenance |
6,987.54 | ||
| Laundry | |||
| 27,939.14 | Mower purchase repairs and fuel |
167.76 | |
| Bungalow Maintenance |
1,755.43 | ||
| Postage |
3.49 | ||
| Refuse Bins | |||
| Utilities |
9,969.91 | ||
| Water | |||
| 44,967.11 | |||
| Services Legal & Ins |
2,949.00 | ||
| Bank Charges |
12.00 | ||
| Travel |
80.00 | ||
| Salary |
3,600.00 | ||
| Casual Wages |
1,200.00 | ||
| Expenses |
1,200.00 | 30115.39 | |
| Cash on Hand 31st March 2024 | |||
| Business Account | 27,307.01 | ||
| Current Acc | 8,652.45 | ||
| Main Acc | |||
| FOB Yorkshire | 6732.24 | ||
| FOB Natwest | 80.72 | ||
| Petty Cash | 18.44 | 42,790.86 | |
| 72,906.25 | Total | 72,906.25 |
Total