CHARITY REGISTRATION NUMBER: 504262 Youth for Christ North East Unaudited Financial Statements 31 July 2025 STEPHENSON COATES LIMITED Accountants West 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD
Youth for Christ North East Financial Statements Year ended 31 July 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
Youth for Christ North East Trustees, Annual Report Year ended 31 July 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 July 2025. Reference and administrative details Registered charity name Youth for Christ North East Charlty reglstration number 504262 Principal office Wesl 2, Asama Court Newcasle Business Park Newcasle upon Tyne NE4 7YD The trustees Pastor J Clarke Pastor M Duff J Barwick S Riley E W Kirby R Loosemoore (Resigned 1 July 20251 (Resigned 4 December 20241 (Resigned 7 January 2025} (Appolnled 10 March 20251 (Appointed 1 February 20251 (Served from 7 January 2025 to 1 May 20251 (Appointed 4 December 20241 (Appointed 2 February 20261 J P Ferguson Rev. N Weaver Kvcook Independent examiner Peter Alexander Bsc Stephenson Coales Limited Accounlanls Wesl 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD
Youth for Christ North East Trustees, Annual Report (conttnued) Year ended 31 July 2025 Structure, governance and management Structure Youth for Christ North East IYFCNEI is a registered charity Ino. 5042621 registered on 1 June 1967 and govemed by a constitution dated 12 November 2002. The address of the principal office is Youth for Christ North East, West 2, Asama Court, Newcastle Business Park, Newcastle upon Tyne, NE4 7YD. The names and addresses of the charity's bankers and accountants are slated on page 1 YFCNE is an affiliate member of British Youth for Christ IBYFCI and must comply with the chartering regulations adopted by B YFC. Goveman¢e and management The Executive Committee during the year comprised, Pastor Michael Duff, Pastor Nathan Weaver, Elijah Kirby. Pastor Rick Loosemore. Pastor Jonny FergLJson and Julian Clark. New Members of the Committee are apFX)inled by unanimous agreement of the current members. The Executive Committee meets quarterly with the management lo review policy, review performance against current goals and consider future plans. Management regarding current projects and activities makes day lo day decisions bul more strategic decisions relating lo new projects and areas of major expenditure are taken lo the Executive Committee by the Director. Michael Duff and Jonny Ferguson resigned during this accounting year. New Trustees wlll be appointed shortly. The Trustees in carrying out their respective duties have at all times paid due regard to the Charity Commission guidance on Public Benefit Requirement as laid down out in section 4 of the Charities Act 2006. Staffing Al the end of the year131 st July 20251.. Centre Director Iplll Mr Julian Clark Volunteers Iplll Mr Joel Hawksworth,. Mr Joshua Kevin-lsrael
Youth for Christ North East Trustees, Annual Report(contlnu¢d) Year ended 31 July 2025 Oblectives and activities Related Parties YFCNE exists as part of British Youth for Christ IBYFC} however is totally independent with its own identity and separate strategy and stands financially detached from BYFC and is a registered charity in its own right. Charitable Aims.. Our Mission Statement is "Taking the Good News relevantly lo every young person in the North East of England" We do this by creating and taking opportunities in the local area lo embody the gospel of Jesus Christ. with and on behalf of the local church of our region, In ways that speak lo and effectively engage local young people of this gene110 within the 8-25 age group Iwilh a core focus on ages 11-181 By North East we priorilise the area immediately around Newcastle, Gateshead, Tyneside and Northumberland. Achievements and performance To enable us lo embrace our mission. the key strategic aims and objectives for the year were as follows.. We are committed to seeing young people live out their God-given identity and purpose We are doing this in dislincl ways.. ID Youth Events We have commilled to host 5 ID youth events throughout 2025 across the region, engaging young people with the Gospel and making space for God lo move in their lives. Our hope is lo see 1000 young people allend this events and lo see 100 first time decision5 to follow Jesus. We work closety with Churches to make this a collaborative work, which includes the use of their buildings, involvement of young people, worship teams. and leaders speaking at and helping lo lead tho events. Youth Leader Hubs This are regular opportunitie5 for youth 18aders and their lea lo gather together. We lake time to share good news stories, hear about what is happening across the region, engage in some training and discussion and pray for one another. As we build relationships, the hope is to see 8 more collaborative effort in equipping young people to live out their God-given identity and purpose, and think about what youth work should look like in the coming months and years.
Youth for Christ North East Trustees, Annual Report (continued) Year ended 31 July 2025 Financlal revlew We have continued to stream line our finances and have seen significant improvement in this area. With schools engagement, a new Church project, and the continued support from many partners with regular donations and Church donors, we have had managed through the year. A matched funding campaign with The Vardy Foundation raised £30.000 in gifts or annual pledges. We are working and monitoring our new budgeting system to help with cash flow moving forward. Plans for future perlods The organisation continues lo go Ihiough significant change with a nèw team now in place, each of whom are going in confidence in their roles and desire lo work together and learn more about engaging meaningfijlly with young people in the region. The trustees. annual report was approved on 21 May 2026 and signed on behalf of the board of trustees by.. Rev. N Weaver Trustee
Youth for Christ North East Independent Examiner's Report to the Trustees of Youth for Christ North East Year ended 31 July 2025 I report lo the trustees on my examination of the financial statements of Youth for Christ North East I'the charity'l for the year ended 31 July 2025. Responslbilitie$ and basls of report As the Iruslees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 I'the Act'i. I report In respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying DUI my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confimi 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 charity as required by Section 130 of the Act., or the financial statents do not accord with those records". or the financial statements do not comply with the applicable requirements concerning the form and conlenl of accounts set out in the Charities IAccounls and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair, view whieh 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 acc nts to be reached. Peter Alexander Bsc Independent Examiner West 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD 21 May 2026
Youth for Christ North East Statement of Financial Activities Year ended 31 July 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowrnents Donations and legacies Other trading activities Total income 32,084 6,472 32,084 11,764 50,236 35,214 5,292 5,292 38,556 43,848 85,450 Expendlture Expenditure on ch8rit8ble aclThtilies Total expenditure 41.183 41,163 77.325 41,163 41.163 77,325 Net income 12,6071 5,292 2,685 8,125 Transfers beeen funds 5.292 15,2921 Net movement in funds 2,685 2.685 8,125 Reconclllation of funds Total funds brought forward Total funds carrigd forward {26,1431 (23,458) 126,1431 123,458) 134.2681 126,1431 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. Th* n•tO8 on pages 8 to 15 fomi part of th¢¥e linancial statements.
Youth for Christ North East Statement of Financial Position 31 July 2025 2025 2024 Note Fixed asset$ Tangible fixed assets 13 103 Current assets Debtors Cash al bank and in hand 14 310 15,548 1,665 1,665 15,858 Creditors: amounts falling due within one year Net current liabilities 15 6,013 19,169 4,348 3.311 13,2081 Total assets less current Ilabllltles 14,3481 Credltors: amounts falling due after more than one year Net liabilities 16 19,110 22.935 123,4581 126,1431 Funds of the charity Unreslricled funds 123,4581 23,4581 {26,143) 126,1431 Total charlty funds 18 These financial statements were approved by the board of trustees and authorised for issue on 21 May 2026, and are signed on behalf of the board by.. Rev. N Weaver Trustee The not•$ on pages 8 to 1 S fom) part of th•s• financial statements.
Youth for Christ North East Notes to the Financial Statements Year ended 31 July 2025 General information The charity is a public benefit enlily and a registered charity in England and Wales and is unincorporated. The address of the principal office is West 2, Asama Coul, Newcastle Bu$ines8 Park, Newcastle upon Tyne, NE4 7YD. Statement of compllance These financial slalemenls have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Slalement 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 1021 (Charities SORP IFRS 102}} and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements ale prepared in sterling, which is the functional currency of the entity. Going concern There are no material unGertainlies about the charity's ability to continue. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to reslriclions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.
Youth for Christ North East Notes to the Financial Statements (¢¢)ntintsed) Year ended 31 July 2025 Accounting policies {con¢inued) Incoming resources All incoming resources a included in the statement of financial aclivlties when entitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following speciflc policies are applied lo particular categories of income.. income from donats.ons or grants is re¢Lnised when there is evidence of enlillement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when receNed If the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised wrth the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il lo be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities lo which il relates.. expenditure on raising funds includes the costs of all fundraising activities, events. non- charitable Ir8ding activities, and the sale of donated goods. expenditure on Charitab activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising fvnds for the charity nor part of ils expenditure on charitable activities. All costs are allocated to expenditure categories refCting the use of the resource. Direct costs allributable lo a single activity are allocatèd directly to that activity. Shared costs are apportioned betNeen the activities they contribute to on a reasonable. justifiable and consistent basis. Tangible assets Tangible assets are initially recorded al cost, and subsequently staled at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded al the fair value al the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses.
Youth for Christ North East Notes to the Financial Statements (continued) Year ended 31 July 2025 Accounting policies (oontinuedj Tangible assets (eontinuedj An increase in the carying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless il reverses a charge for impairment that has previously been recognised as expenditure within the slalement of financial activities A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses. except to which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreclation Depreeialion is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Equipment 250A straight line Impaimient of flxed asset$ A review for indicators of impairment is carried out at each reporting dale. with the recoverable amount being eslimaled where such indicators exist. lthere the carrying value exceeds the recoverable amount, the asset is impa[d accordingly. Prior impairments are also reviewed for possible reversal at each reporting dale. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an Individual asset, an estimate is made of the recoverable amount of the cash- generating unil lo which the asset belongs. The cash-generaling unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated lo each of the cash-generaling units that are expected lo benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a ffnancial liability is recognised only when the charity becomes a paty to the contractual provisions of the inslrumenl. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured al the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. Where Investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured al fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured al cost less impairment. 10
Youth for Christ North East Notes to the Financial Statements (¢ontinued} Year ended 31 July 2025 Accounting policie5 (¢¢)nllnuedl Financial instruments (continued) Other financial inslrumenls, including derivatives, are initially recognised al fair value, unless payment for an asset is deferred beyond normal business terms or financed al a rale of interest that is not a market rate, in which case the asset is measured al the present value of the future payments discounted al a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the stslemenl of financial activities, with the exception of hedging instruments in a design81ed hedging relationship. Financial assets that are measured al cost or amortised cost are reviewed for objective evidence of impairment al the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually signrficant, these are assessed individually for impairment. Other financial asset5 are either assessed individually or grouped on the basis of similar cr@dil risk Characterist$. Any reversals of impairment are recognised immediately, to the exlenl that the reversal does not result in a carrying amount ol the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contributlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset lo the extent that the prepayment will lead lo a reduction in future payments or a cash refund. When ¢ontributions are not expected lo be settled wholly within 12 months of the end of the reporting dale in which the employees render the related service, the liability is measured on discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which il arises. Donations and legacies Unrestricted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Donations Donations 25,981 25,981 40,652 40,652 Grants Grants receivable 6,103 6.103 9,584 50.236 9,584 32.084 32,084 50,236 11
Youth for Christ North East Notes to the Financial Statements (¢ontlnued) Year ended 31 July 2025 Other trading activities Unreslricled Funds Reslricled Total Funds Funds 2025 Fundraising events 6,472 5,292 11.764 Unreslricled Funds Reslricled Total Funds Funds 2024 Fundraising events 25,630 9,584 35,214 Expenditurg on charltable actlvltles by fund type Unreslricled Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Activity type 1 Support costs 4,844 36,319 4.844 36,319 41,163 4,125 73,200 4.125 73,200 41,163 77,325 77.325 Expenditure on charitable activities by activity type Aclivfties undertaken directly Support costs Total funds 2025 Total fund 2024 Activity type 1 Governance costs 4,844 35,082 1,237 39,926 1,237 76,365 960 4.844 36,319 41,183 77,325 Analysis of support costs Analysis of support costs activity 1 Total 2025 Tol812024 Staff costs General office Finance costs Governance costs 8,635 25,928 519 1.237 8.635 25,928 519 1,237 45,139 26,490 611 960 36,319 36,319 73,200 Net ineome Nel income is slated after chargingllcreditingl.. 2025 2024 Depreciation of tangible fixed assets 103 105 12
Youth for Christ North East Notes to the Financial Statements (continued) Year ended 31 July 2025 10. Independent examlnation fegs 2025 2024 Fees payable to the independent examiner foi." Independent examination of the financial statements 1,237 960 11. Staff costs The total staff Costs and ernployee benefrts for the reporting period are analysed as follow5". 2025 2024 Wages and salaries Social security costs Employer contributions lo pension plans 13,152 14.692) 175 38,953 4,870 1.316 8,635 45,139 The average head count of employees during the year was 412024.. 41. No employee received employee benefits of more than £60,000 during the year12024.' Nill. 12. Trustee remuneration and expenses No trustee received any remuneration or re-imbursement of expenses 13. Tangible lixed assets Equipmènt Cost At 1 August 2024 and 31 July 2025 Depreciation At 1 August 2024 Charge for the year At 31 July 2025 Carrying amount At 31 July 2025 At31 July2024 15.333 15,230 103 15.333 103 14. Debtors 2025 2024 Trade debtors 310 13
Youth for Christ North East Notes to the Financial Ststements (contAnu8dJ Year ended 31 July 2025 15. Credltors: amounts falling due within one year 2025 2024 Payments received on account Accruals and deferred income Social security and other taxes Other creditors 5,292 800 10,905 2,172 800 5,163 50 6,013 19,169 16. Creditors: amounts falling due after more than one year 2025 2024 Bank loans and overdrafts 19,110 22,935 17. Pgnsions and other post retlrement benerts Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £17512024. £1,316). 18. Analysis of charitable funds Unrestricted funds At 1 August 202 At Transfer$ 31 July 2025 Income Expenditure General funds {26,1431 38.556 141,1631 5,292 123,458} At 1 August 202 Al Transfers 31 July 2024 Income Expenditure General funds 134,2681 75,866 177.3251 9.584 126,1431 14
Youth for Christ North East Notes to the Financial Statements Icontlnuedj Year ended 31 July 2025 18. Analysis of charitablg funds (conlinued) Restricted funds Al 1 August 202 At Transfers 31 July 2025 Income Expenditure Street Games 5,292 15.2921 Al 1 August 202 At Transfers 31 July 2024 Income Expenditure Street Games 9.584 19,5841 19. Analysis of net assets between funds Unreslricled Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net Ilablllties 1,665 16,0131 119.1101 123,4581 1.6e5 16,013) 119.110} 123,4581 Unrestricted Total Fund$ Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net Ilabilities 103 15.858 119,1691 122,9351 126,143) 103 15,858 119,169} {22,9351 126,1431 15