Carlisle Diocesan Youth Centre Registratlon number: 520363 Annual Report and Financial Statements 31 December 2024
Carlisle Dlocesan Youth Centre Contents Reference and Adminislrats've Details Trustees. report Trustees. responsibilities Independent examinerfs report Statement of finanoal activities Balance sheet Notes to the financial Statements
Carllsle Diocesan Youth Centre Reference and Adminislrative Details Charlty namo Cartisle Diocesan Youth Centre Charlty reglstratlon numbor 520363 Prlnclpal offic St Johns-in-the-vale Keswick CA12 4UB Ro9lstèrnd offl¢• St Johns-in-thevvalé Keswick CA12 4UB Trust••8 Rèv C H Hope (Appointed 1 Dècember 2024) C E Tudway Ven S J Fyfé Dr S S Wijod IResi9ned 7 July 20251 (Resigned 7 July 20251 S C Hughes Indopgnd•nt•x*mSn•r JWA Cruickshank & Co Inglewood Wreay Syke W8Y CARLISLE CA4 8JR Page 1
Carfisle Diocesan Youth Centre Trustees. Report for the Year Ended 31 December 2024 The financial $talements have been prepa in acrdanCe with the accounting poliues sel out in notes lo the accounts and comply with the charity's goveming document, the Charities Act 2011 as amended by the Charities Act 2022 and Accounting and Repo.n9 by Charities.. Stslement of Recommended PTa¢ti¢e appli¢able to charities prepanng their a¢unIS in accordanc£ with the Financial Reporbng Standard applicable in the UK and Republic of Ireland. Con•tllullon. ObJ•¢ts and Pollcles The Charitable Trusl is constiluteo by Trust Deed, and its objects are to:. In the Di0Se of Carlisbe and beyond educate young people through their leisure time ath'vities so as to develop their physical. menlal and spiritual capabilities that they may grow to full maturity as individuals and members of society and that their conditions of life may be improved. The Charity operates leases the Carlisle Di0san Board of Financ£ and St John's-in-the-vale Parochial Church Council on the Youth Centre Main Building and Annexe until 2030. The properties are hired out to organisations working th young people for resKlential ac1ivrts. The Charity operates a lettings policy to ensure Ihat the objects of the Charity are met. The Chanty operates an equal opportunit5 policy. The Charity has at present three Trustees. The Trustees are members of the Management Committee which also has represenlalives trom the Diocesan Board of Finance, DiocEsan Board of Education and St John's-ln-tha-vale PCC. The Management Committee oversees the management of the Charity. The day lo day management of the centre is undertaken by the Centre Manager, Mrs Lisa Farron. Publlc Bonoflt- P•rforni•n¢• In planning our activitses for the year V•P kept in mind the Charity Commission's guidance on public benefit al our trustee meetings. Th& Centre provides a context for gfOUPS of young people from schools, colleges, uniformed organisalions and churches as well as family groups to enjoy the benefits of outdoor activities and a time away from their normal setting. 11 provides selfulenng accommodation accessible to poople of all ages and backgrounds. and has wheelchair access to the School House faCil'e$. Fln•n¢l•l rnvl•w Sl Johns in the Vale Centre's total Income from bookings in 2024 was £96,435. With £10.301 from dividends and bank interest and other income of £69, the total Income of £106,805 Is an increase on the 2023 fi9ur8s. Booking income in the prior year was seriously affected by a total water system failure in Jun8 2023 iusl as high season was getting underway, representing £9.814 in losses in 2023. Free reserves at the year end excluding investments stood al £36,987 and including investments £386.174. The total 8xpendrtU of £117.657 is slightly higher than the 2023 figures, and along wrth gains on investments of £7,215, there was a deficit in the year of £3.637 compared to a surplus In th& prior year of £28.383. Plan8 for futur• Following the cenlre's quinquennial inspection in November 2024. a number of repair and improvement works have been identified as necessary to maintain the condition and safety of the building. These works will be carried out during the course of 2025, and repair expendrture is therefo expected to increase in the 2025 financial year. Rlsk M•n•g•mont The Mana9emenl Committee regularly reviews the risks. ReseNes of more than one yeals operating costs are held to cover liabilities in case of adverse conditions. Reserves are held to ¢over capital expenditure for future development or in case of unforeseen major expendrture, replacement or repair of equipment. Reserves Pollcy 11 is the policy of Ihe chanty to maintsin unrestncted funds at a level vthich equate to approximalety 12 months unrestricted expendrture. This prowdes suffiuent funds to cover management and administration and support ¢o$ts. Page 2
Carlisle Diocesan Youth Centre Trustees. Report for the Year Ended 31 December 2024 Unre$lricted funds are maintained at least at this level throughout the year, however fvnds a also held to account for planned capital expenditure. Approved by the Truslees on 7 July 2025 and spned on their tehalf by.. Ven S J Fyfe Truslee Page 3
Carlisle Diocesan Youth Centre Trustees. Responsibilities in relation to the Flnancial Statements The trustees are responsible for prepanng the Trustees, Report and th8 financial statements in aOrdance with applicable law and United Kingdom Accounting Standards. The law applicable lo charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial stalemenls, the trustees are required to.. select surtable accounting policies and then apply them consistently", obseNe the methods and principles in the Charities SORP", make judgement5 and estimates that are reasonable and prudenl., stste whether applicable a¢¢ounting standards have been followed, subjecl to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on the going concem basis unless il is inappropnate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of thè charity and enable them lo ensure that the financia1 statement5 comply with the Charities Act 2011 as amended by the Charities Act 2022, the Charity IAccounts and Reports) Regulations and the provisions ol the trust deed. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for th8 prevention and detection of fraud and other irregularities. Page 4
Indopendent Examln•r'• Report to tho Tru$t•e$ of Carllsle Dlocesan Youth Centrn I report on the a¢xounts of the chafity for Ihe yèar ended 31 Dg¢ember 2024, which are 8et osjt on p8ges 6 to 15. Your attention 1$ to dravln lo the fact that the Ch8rity has prepared tho fi'nancial statements in accordance wrth Accounling and Roporting by Charitie5 preparing their accounts in accordance with tho Financial Rgporting standard applicable in the UK and Republi¢ of Ireland IFRS 102) in preference to the A¢count'ng and Reporting by Chariti'es.. Stalement of Recommended PraCts. Issued on 1 April 2Q05 which Ss relerred to in the extant regulations but has since ien withdrawn. We understand thal this has been done in order for the arUnts lo provide a true and fair wew in accofd8nGe with tho Generally Accepted Accounting Practice effective for reporting peric4Js beginning on or after l J¥nu8ry 2019. Rospectlvo v•spon•lbllltlu ol tru•ts•• and •x•mlTr•r The CttariV$ tru$tee3 are resp31b18 for tho proparats'on of the 8ccounts. The tru$tees consider that an audit is not requirod for this year under section 14412} of the Chafiks Act 20118$ amgnded by th• Charities A¢% 2022 (the Act) and th81 an iNlepend8nl examin8tion 1$ neoded. 11 is my responsibility to.. examine accounts under so¢tion 145 of the Act,. follow the prLxdur6$ laid down in the General Directions given by the Charity Commission undor section 145151 {bl of the Ac( and stale whethor particular matters have come to my attention. Ba•1• of lThd•p•nd•nt •Mmln•f• rnport My examinatson was carried oul in aordance with the General Directions given by the Charty Commission. An 8xaminal.on include$ a rev of the accounting records kept by the charity and a comparison of the accounts presented vrith those records. It also includes conslderation of any unusual rtems or disdosures In the accounts. and seèking explanations from you as ITUStees wnceming any such matt8rs. Th& procédures urmlertaken do not provide 811 the evlaence that would be required in an audll and consequantly no opinion is given Ss lo wh6thèr the a¢¢ounts pre6ont a Iruo 8nd fair and tho report is limited to thoso matters sot out in the statement bgl¢yw. Ind•p•nd•nt •xamln•rf8 8tat•m•ftt In connection with my examination, no matter ha$ ¢c¥no to my ottention.. (11 which glvo9 me Trasonabb cau8e to beheve that in any material respd the requirnments.. to keep accounting records In a¢¢ordance wth section 130 of Ch8riles A¢t 2011 as amended by tho Ch8rtts¢s Act 2022.. and to prepare accounts which accord with the orxounting records, comply wrth the a¢counting rnquirements of the Act have not been met.. or (21 to which. in my opinion. attèntion should be dravm In order to enable a propor understanding ol the accounts to be re8ched. Inghwood Wreay Wreay CARLISLE CA4 8JR JWA CruiGI(shank FCA CTA JWA Cruickshank & Co 7 July 2025 Page 5
Carlisle Diocesan Youth Centre Statement of Financlal Actlvlties for the Year Ended 31 December 2024 Unrestrictgd Restricted Total Funds Totsl Funds Funds Funds 2024 2023 Note Incomg and endovmients from: Donations and legacies Investment income Charitable activities Other income Total income 100 9,863 77,076 14,830 101,869 10,301 96,435 69 106.805 10,301 96,435 69 106,805 Expenditure on: Charitable actimties Total expenditure 117,657 117,657 117.657 117,657 103,795 103,795 Nel outgoing resour¢es before other recognised gains and losses Other Tecognlsed 9ainsnosses Gains on investment assets {10,852) {10.852) (1,9261 7.215 7.215 30,309 Net movements in funds {3.637) {3,637) 28.383 Rèeonclllatlon of funds Total funds brought fomard Total funds carried foward 446,573 442.936 1,384 1.384 447,957 444.320 419,574 447,957 The notes on pages 8 to 15 form an integral part of these financial statements. Page 6
Carlisle Diocesan Youth Centre Balance Sheet as at 31 December 2024 2024 2023 Note Flxod a$$ets Tangible assels Investments 56,762 349.187 405,949 69,377 357.479 426.856 12 Current assots Debtors Cash at bank and in hand 13 3,416 66.961 70,377 31,691 41,657 Creditors: Amounts falllng duo wlthln one year 14 (32,0(6) (20,556) Net current assets 38,371 21,101 Net assets 444.320 447,957 The funds of the charity: Rostricted funds 1.384 1,384 Unrestrictgd funds Unrestricted income funds 442,936 446,573 Total charity funds The financial statements have been prepared in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 444.320 447,957 Approved by the Board on 7 Juty 2025 and signed on its behalf by: Ven S J Fyfe Trustee The notes on pages 8 to 15 form an integral part of these financial statements. Page 7
Carlisle Diocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 Accounting polic1¢8 Statement of compllan¢o The accounts lfinanaal statements) have been pPared under the historical cost convention with items recognised at cost or transaction value unless otherwise ststed in the relevant notels} to these accounts. The financial statements have been prepared in accordan wtlh the second edrtion of the Charities Statement of Recommended Practice issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102) and the Chanties Act 2011 as amended by the Charities Act 2022. The accounts (financial statements) have been prepared to give a ttrue and fair, view and have departed from the Charrties (Accounts and Reports} Regulab'ons 2008 only to the exient required to provide 8 'true and fair view.. This departu has involved following Accounb'ng and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) rather than the Accounting and Reporting by Charities'.Statement of Recommended Practi effective from 1 April 2005 which has since been wrthdrawn. Basis of preparallon The charity meets the definition of a public benefft entsty under FRS 102. Assets and liabilib'es are initially cognised at historical cost or transaction value unless otherwise ststed in the relevant accounting policy notes. Going concern These financial statements have been prepared on a going concem basis. Fund accounting pollcy un$1Cted income fijnds are general fvnds that are available for use at the trustees, discretion in furtherance of the obj'ectives of the chanty. Restricted funds are those donated for use in a pa"Cular area or for specific purposes, the use of which is restricted to that area or PUTPOSe. Further details of each fund are disdosed in note 17. Income and endowments Donations are re¢ognised where there 1$ entitlement, probabilty of rec£ipt and Ihe amount Can be measured with sufficient reliabilty. Income from Govemment and other grants, whether '¢apital' grants or 'venue. grants, is recognised when the charity has entitlement to the funds. any perfOMan conditions attached to the grants have been met, it is probable that the inrne will be received and the amount can be measured reliably and is not deferred. Investment income is recognised on a CeiVable basis. Inrne from charrtable actiwties indudes income recognised as eamed las the lated goods or services are provided) under contract. Expendlture Liabilities are recognised as soon a$ there 15 a kgal or constnjctive obligalion committing Ihe charity to the expenditure. All expenditure is accounted for on an a¢¢ruals basis and has been dassified under headings that aggregate all costs related to the calegory. Charitable expenditure comprises those Costs incurred by the charity in the delivery of its activities and services for rts beneficianes. It includes both costs th81 Can be allocated directly to such activib.es and those costs of an indirect nature necessary to support them. Page 8
Carlisle Diocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 . confr'nued Support ¢osts Support costs indude cenlral functions and have been allocated to ath.vity cost categories on a basis consistent with the use of resources. for example. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Flx¢d assets Individual fixed assets $ts.ng £1CQ or more are intlially recorded at cost. D•preclatlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuatson. less any estimated residual value. over their expected useftjl economic life as follows". Land and buildings Fixtures, fittings and equipment 25 years straight line basis 5- 20 years Straight line basis Caih and Cash Equlvalents Cash and cash equIVatS comprise cash on hand and call deposrts, and other short-term highly liquid investments that are readily converts'ble lo a known amount of cash and a subject to an insignificant risk of change in value. Investments Fixed asset investments are induded at market value at the balance sheet date. Realised gains and losses on investsnents are calculated as the difference bets*n sales proceeds and their market value at the start of the year. or their subsequent cost. and are charged or ¢drted to the statement of the financial activr(ies in the period of disposal. Unrealised gains and losses rePSent the movement in market values during the year and are credited or charged to the statement of financial ath.yrtS based on the mafket value at the year end. Ponslons The charity operates a defined ContribU"0n pension scheme. Contributs'ons are charged in the statement of financial activities as they become payable in accordance wth the rules of the scheme. Donations and legacies Unrestrlcted Restricted Total Funds Total Funds Funds Fund$ 2024 2023 Donatlons and legacies Appeals and donations 100 Page 9
Carlisle Dlocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 continued Investment In¢om8 Unr¢$trl¢tsd Restrlcted TOL91 Funds Total Funds Fund$ Funds 2024 2023 Income from listed investments Interest on cash deposits 9.493 808 9,493 808 9,6¢XI 263 10,301 10.301 9.863 Charltabl¢ a¢tlvitios Unrestricted Restrictod Totsl Funds T¢)tal Funds Funds Funds 2024 2023 Provlsion of accommodatlon Accommodation sales 96,435 96,435 77.076 Other Income Unre$trl¢ted Re•trlcted Total Funds Total Funds Funds Funds 2024 2023 Other Income Other inrne 69 69 14.830 Page 10
Carllsle Diocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 continued Exp•ndlture Provl8lon Total 2024 Totsl 2023 accommod• tlon Dlroct costs Wages and salaries Staff pensions Booking agent s8Nic8 f885 Light. heal and power Insurance Repairs and maintenancè Cleaning Bank charges 50,147 5,273 50,147 5,273 39,306 158 27,418 4.498 12,152 2.376 19,269 5,363 13,097 2,423 65 95,637 19.269 5,363 13,097 2,423 65 95.637 85.908 Support ¢08ts Telephone and lax Sundry expenses Travel and subsisten Ac¢ountanoy fees Independent examin8rfs fée Legal and professional fees Depreciation of frèehold property Depreciation of fixturés and fittings 1,561 998 249 1,002 400 2,945 13,264 1,601 22,020 1.561 998 249 1.002 400 2.945 13.264 1.601 22.020 1,286 1,936 276 13,264 1,125 17,887 117,657 117,657 103,795 Tru8t••8' r•mun•ratlon and •xpen$o8 During the year, expenses totalling £819 were reimbursed to 1 Trustee lor telephone costs, travel and printing, postage and stationery. Not outgolng r•8ourc•8 Net outgoing resources is slated after charging.. 2024 2023 Depreciation of owned assels 14,865 14,389 Page11
Carlisle Diocesan Youth Centre Notes to the Flnanclal Statements for the Year Ended 31 December 2024 continued EmployM•' r•mun•ratlon The aggregale payroll ¢ost$ of these persons were as follows.. 2024 2023 Wages and salaries Other pension costs 50,147 5.273 55.420 39,308 39,306 No employèe r8e8ived emoluments ofmore than £60,000 during the year12023- No. O). Page 12
Carllsle Dlocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 . continued 10 Taxatlon The registered charity is exempl from taxation on income and gains. 11 T•nglble flxed assets Freehold Interest In land and bulldlng8 Ilncludlng h•rltsgo a$$et•l Flxtur•8, flttlng8 and oqulpment Totsl Co•t As at 1 January 2024 Additions As at 31 December 2024 332.701 43,189 2,250 45,439 375.890 2,250 378.140 332.701 Dopr•clatSon A$ 811 January 2024 Charge for the year As at 31 December 2024 267,076 13.264 280.340 39,437 1,601 41,038 306.513 14,865 321,378 Not book value As at 31 December 2024 As at 31 Decembef 2023 52.361 65,625 4,401 3,752 56.762 69.377 12 Investments held a8 flxed a•¥ets Unllsted Investments Market value As al 1 January 2024 Revaluation Additions Disposals As at 31 December 2024 357,479 7.215 9,493 125,000) 349.187 Not book value AS at 31 December 2024 As at 31 December 2023 349,187 357,479 All invèstment assets wre held in the UK. Page 13
Carlisle Diocesan Youth Centre Notes to the Financial Slatements for th8 Year Ended 31 December 2024 continued 13 Debtorn 2024 2023 Other debtors Prepayments and accrued income 522 2,894 3,416 7,052 2,914 9,966 14 Cr•dltorn: Amounts falllng duo wlthln ono yoar 2024 2023 Trade creditors Other creditors 4,246 27,760 32,006 20,556 20.556 15 Pen•lon 8¢h•mo Deflnod conlrlbutlon ponslon schomo The charity operates a dèfined contribution pension scheme. The pènsion cost charge for the period rèpresents contributions payable by the charity to the scheme and amounted lo £5.27312023 - £nill. Contributions totalling £40612023 - £nill were payable to the scheme al the end of the penod and are includèd in cr8ditors. 16 Related p•rtlo• Controlllng enllty The charity is controlled by the trustees. 17 An4ly81• of fund• Othèr recognl8•d galn8llosse• At31 Decembor 2024 At 1 J•nuary 2024 Incomlng r••our¢èi Ro8ourco8 expended General Funds Unrestricted income fund 446,573 106,805 1117,657) 7,215 442.936 Reslrlcted Fund8 Reslricted income fund 1,384 1.384 447,957 106,805 1117,6571 7,215 444.320 Page 14
Carlisle Diocesan Youth Centre Notes to the Financial Statements for the Year Ended 31 December 2024 . continued Prlor perlod Other recognlsed gainsl(loss e$) January 2023 Incoming resour¢*$ Resources oxp8nded At31 December 2023 Gon•ral Funds Unrestricted income ftjnd 418,190 101,869 (103,795) 30,309 446.573 R?strl¢t•d Funds Memorial funds 1,384 419,574 1,384 447.957 101,869 {103,795) 30,309 18 Not assets by fund Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Tangible assels Investments Current assets Creditors." Amounts falling due within one year Net assets 56.762 349.187 68.993 56,762 349,187 70,377 69.377 357,479 41,657 1.384 {32,006) 442.936 132,006} 444,320 {20,556) 447,957 1,384 Prior period Unrestrl¢ted Funds R¢$trl¢tod Funds Total Funds 2023 Totsl Funds 2022 Tangible assets Current assets Creditors.. Amounts falling due wrthin one year Nel assets 69,377 357,479 19,717 69,377 357,479 83,766 317,570 18.238 1,384 21,101 446.573 1.384 447.957 419.574 Page 15