2022-03-31-accounts - Sutton Coldfield Young Mens Christian Association

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Legal and Adtninistrative Details	Legal and Adtninistrative Details
Report ofthc Trustees
Independent Auditor's	Report
Statement ofFinancial	Aclivities (lneorpont ting the income and Expenditure	Account)
Balaace Sheet
Statement ufCashBows
Notes to lhe Financial Statements

				Restricted	Restricted	Total	Total
			1!nrestrictcd	Fund	I'unrts	Funds	Funds
		Notes	Fuad	(Capital)	(Other)f	2022 f,	2(YSI f
							(1/etc 19)
Income from:
Donations, granm and legacies			51,563		101,313	152,786	278. I IO
Charitable activities:
Grants					306,299	306,299	427,699
Young people, youth and children's activities			IG0,486			IG0,486	131,419
Accoinn)odatlon			192,197			192,197	158,77
'I'otal income			404246		407,612	81],858	99G,003
gspcnditare on:
Costs oI'raising volunisry Charitable activities	funds		312,581	9,501	438,926	7G1,008	SSl.036
'I'otal Expenditure			312481	9,501	438,926	761,008	8843)3/s
Net income/(expenditure) for the year			91,665	(9.501)	(31,314)	50,850	I I 1.967
Transfer bciwccn funds		13.2	121		(121)
Other recognised gains and
losses
Gains! Iusses on revaluation	ol'		(97,487)			(97,487)
fixed axsets for charity's own
use
Net movmnents in fundS			(5,701)	(9,501)	(31,435)	(46,G37)	I 11,967
Reconciliation offunds
Total funds brought torward			764,012	6S5.735	1330,279	2.780,056	2,688.089
Total funds carried forward			758,341	676,234	1)298,844	2,733,419	2,668,089

LANCF SIIEET
. at 31 March 2022					Company	number:	02685808
		Notes		2022	2021
Fixed assets 'I'angiblc assets				2,820,862		2,922,2 i7
Carrent assets
Debtors		7	68912		37,167
Cash at bank and in	hand		171,763		263,602
			240,675		300,769
Creditors: amounts
falling due will[in onc		8	(113,98$)		(142.403)
ye[I I
Net current assets				126,6$7			158,366
Total assets less Current				2,947,549			3,080583
liabilities
Creditol's: Alnoultts f)lling due after more				(131,430)			{[83,572)
than one year
Nct assets excluding	pension	liability		2,816,119'			2.897.011
Detined benefit pension scheme liability			14	(8Z,700)			(116,955)
Net assets				2,733,419			2.780.506
Funds Llnrcstricted fund				75$,341			764,042
Restricted funds: Capital Other		12 12		676,234 1,298,$44			6$5,735 1,330,279
				2,733,419			2.780,056

				2022	2021
			Notes	8	f.
Nct cash provided by operating activities			15	(8,096)	221,571
Cash flows from invesiing	activities:
Purchase offixed assets				(17596)	(14,514)
Net cash used in Invmting	activities			(17,596)	(14,514)
Cash flows from financing	activities:
Repayment ofbonowin				(59,100)	(29.028)
Interest paid				(7,047)	(8,543)
Decrease in cash provided	by financing
activities				(66,147)	(37,481)
increase/(Decrease) in cash in the year				(91,839)	169,576
Recunciliation of net cash	liow to movement	in
funds for ihe year ended 31 March 2022
				2022	202I
				8
Increase/(Decrease) in cash	for the year			(91,839)	169,576
Net cash brought forward				263,602	94,026
Net cash carried forward			16	171,763	263,602

INCOME	INCOME
		Unrestricted	Restricted	Totiil I\I iids	I'otal I'ends
		Fund	fundsf	2027	2021 f
Donations Children in	and grants Need		17,46G	17,466	49.477
(.'omic Relief Government grants Other		21,356 30,207	83,847	83&487 )1,356 30,207	I 19,609 G7,305 41,719
		51,563	101,313	152,876	278,110
2021		109,024	I/)9,086	278.110

Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.	Included within government grants arc amounts amomiting to f6,077 (2021:f45,568) relating to the Cormiavirus Inb Retention Scheme and f.I5,279 (2021:f21,737)relating lo local govemnient discretionary grants for Covid-19 relief.
		Unrestricted		Restricted		Total funtls	Tutal funds
			Fuml		funtls f	2022	202]
Charitable activities
Donations and grants:
Lloyds Bank Foundation I'orv ard Carers (Upbeat/Release) Biimingham City Council —Short Erasmus Sport England AAA/Girls Move Grantham Yorke (AAA) Henry Smith (AAA) Euro Solidarity Corps Lcics YMCA-RCI(P Midlands Co-op Nationwide complex needs worker BFSSRelease	Breaks fund				98,728 46,5GS 5,382 5,000 42,150 27,730 29,941-	98,728 46,568 5,382 5,onn 42,150 27&730 29,941-	37595 104,970 46,568 291 101,366 42.100 16,176 23,913 4,720 50,000 5n,nno
Allchurchcs Release					7,600	7,601)
Baron Davenport-rc I.mls Lodge					2)000	2,000
Royal Sutton Coldfield 'fown Council Charles Hayward Foundation-AAA Douglas Turner Trust-Rolcnsc Edward Cadbury Sported Foundation					20,000 13)000 g,nno 5,000 200	zo,onn 13,000 3,000 5,Oon 200
					306,299	306,299
2021			12,595		415&104	427 699

EXPENDITURE	EXPENDITURE	EXPENDITURE	ON	CIIARITABLE ACTIVITES Accomniodation Young I'eople, Youth	CIIARITABLE ACTIVITES Accomniodation Young I'eople, Youth	CIIARITABLE ACTIVITES Accomniodation Young I'eople, Youth	CIIARITABLE ACTIVITES Accomniodation Young I'eople, Youth	CIIARITABLE ACTIVITES Accomniodation Young I'eople, Youth	Tote I 2022	Total 2021
							& Chihlren's
								Activities
Direct Costs: Stafl'costs Other direct costs I.stablishment costs Depreciation of tangible				lixed		78,846 1,262 65,482 6,593		301,783 46,030 30,()19 14,871	380,629 47,292 96,101 21,464	402.085 78,688 80,647 24,156
assets
						152,183		393,303	545,486	585,576
Allocation ol'Support			Costs			50,232		If&5,290	215,522	298,460
						202,415			761,008	884,036
2021						195,177		688,858	884,U36
Analysis	ofSupport Costs				and	Governance	Costs;
						Accom	mode	tiou	Young	Total	2021
								People,	Youth	2022
								dr Children' s
								Activities
Support Costs: Salaries Office Costs I.evies Bank charges Bank interest Sundry								33,274 3,750 983 595 7,047 950	127,354 14)352 3,762 2278 3,638	IGU,628 18,\ 02 4,745 2,873 7,047 4,588	253 176 12,522 4,338 3,049 8,453 4,328
									I51@84	197,983	285,866
Governance	costs
Auditors' remuneration Other professional charges								1,491 '2,142	5,7U9 8,197	7,200 10,339	7,500 5,094
								3,633	13,906	17,539	12,594
Total support	and	governance			costs			50,232	165,290	215,522	298,460

Staff costs were as	(allows:
		2022	2021
Salaries Social sccunty Pension		508,493 33,088 (374)	520)293 36,922 5S 23)6
Statf restructuring Volunteer expenses	costs	50	40,251 2,559
		541,257	655,261

	The average number ofemployees excluding directors, analysed	by function was.
		2022	202 I
		Vo	Nlo
	Administration	4	4
	Charily Work Cleaning	31 2	33 2
			39
4.	NFT INCOME FOR THE YEAR

NFT INCOME FOR THE YEAR
	2022	2021
This is stated after charging: Dcpreciuiicn Bank interest	21,464 7,047	24,156 8,453
Auditors' remuneration:
Audit fee	7&5(10	7,500

FIXFDASSETS
		Furniture
	Freehold Property	Fixtures & Fittings	Comp u(er Equipment	I&later Vehicles	Total 6
Cost 0&' valuat&o&t At I April 2021 Additions	2,862,487	170,91.3 9,762	44,665 '7,834	64,8?5	3,142.940 17.596
Disposals Revaluation	(97,487)				(97,487)
At 31 fvlarch 2022	2,765,000	i80,675	52,499	64 875	3 160 536
Depreciation A& I April 2021 Charge for the year		131,520 6,593	32,231 6,968	56,972 7,903	220,723 21.464
I:liminatcd on disposals
At 3 I March 2022		138,113	39,199	64.875	242,187
Nel book amounts AL 31 March 2022	2,765,000	42,562	13400		2,820,862
At 31 March 2021	2,8623187	39,393	12,434	7 903	7922217

EBTORS
	2022	2021
		f.
Trade debtors Value added tax recoverable Prepayments Accrued income Rent owed	41,523 9&060 ]7,058 2,219 (948)	21,179 5,362 5,030 5 596
	68,912	37 167

CREDITORS:	AMOUNTS	AMOUNTS	FALLING DUE 5YITHIN ONE YEAR
				2022	2021
Bank loans (secured)				59.tl99	66.056
Trade creditors				36,165	12,447
Social security	an&i	other taxes		7,999	6.653)
Accruals				10,554	-'15H99
Defened income					10,522
Other creditors				171	1,226
				113,988	142.403
				2022	2021
					X.
Resources del'erred		in thc period			10,522
CREDITORS:	AMOUNTS		FALLING DUE AFTER MORE TIHAN ONE YFAR
				2022	2021
					f
Sccurcd bank loans		-2-$ yems		131,430	183,572
Secured ba»k loans		—more thun 5 «rrars by instahncnts
				131,430	183,572

				Opening	Incolning	Outgning	Transfers	Transfers	)h	Closing
				balance	resources	iesoul'ces		other		balance
							rtcognlscd
							gains/	losses
									8
Unrestricted funds:
General				764,1)42	404,246	(312,581)	(97366)			75$.341
ltestrictcd Capital funds
Sutton Coldfield Charitable				666,910						666,e10
I I'ust
I.ottcry-minibus purchase				2,188		(2&188)
Morrisons-re minibus				5,667		(5,667)
I'ercy Bilton Trust-new		boiler		5,732		(860)				4,872
Screwfix Foundation-new			boiler	3,071		(461)				2,610
Bernard Sunley Trust-new			boiler	2, 167		(325)				1,84Z
Toll)I Restricted Ca	pills I			685,735		(9,501)				676,234
Funds
Restricted Other Funds
Property				l,t)$1,881						1,081,881
Grants fiom Birmin	hnm		City
Council				80,874	46,568	(46,56$)		(121)		80,753
Children in Need				7,095	17,466	()7,466)				7,095
Comic Relief				37,976	83,847	(83,847)				37,976
Sport England AAA/Girls			Move		5,382	(5,382)
I.oneida' AAA				n,non		(6,UOO)
Lloyds Bank Foundation				16,989		(16,9$9)
Furo Solidarity Corps					27,730	(27,730)
Cirantham Yorke (AAA)				6,5on	5,000	(6,500)				5,000
Henry Smith (AAA)				22,421	42,150	(42,150)				Z2,421
Votsvard Carcrs				8,323	98,7Z$	(9$,728)				$,323
(UpbeaURelease)
Midlands Co-op				4,720						4,7ZU
Nationwide complex	needs			50,0)no		(33)333)				16,667
worker fund
YMCA G)crmnny				7.500						7,500
BFSSRelease					29,941	(24,951))				4,9') I
Allchurches Release					7,600	(6.333)				)367
Royal Sutton Coldfield		Town			20,000	(5,000)				15,000
Council
Baron Uavenpoit (re Lutle					2,000	(500)				1,50(l
Lodge)
Charles Hayward Foundation-					13,onn	(13,1)00)
AAA
Douglas Turner 'I'rust-Release					3,000	(3,000)
Fdv. ard Cndbury-AAA					5)000	(I,Z50)				3,750
Spotted Foundation					200	(200)
Tntal Restricted Other		Funds		1,330,279	407,612	(438,926)		(121)		1,298,844
Total Rcstricte&l Funds				2,016,014	407)6IZ	(448)427)		(121)		1,975,1)78
Totill Funtlt				2,780,U56	811,858	(761,008)	(97,487)			2,733,419

3. An	alvsis of nel ass	ets between	funds
2022			iinrcstrictcd	fund	Rcstrictcd funds	Total funds
Fixed assets			981,994		1,838,868	2,820,862
Clliselit	assets				240,675	240,675
Current	liabilities		(52,685)		(61303)	(113,988)
Long term liabilities			(88,268)		(43,162)	(131,430)
Defined	benefit pension	scheme	(82,700)			(82,700)
liabilit,
			758,341		1,975,078	2,733,419
2021			Linrestricted	fund	Restricted funds	Tuial funds
					f.
Fixed assers			1.073,727		1.848,490	2,922.217
Current	assets				300,769	300,7fip
Current	liabilities		(76,347)		(66,056)	(142,403)
Long term liabilities			(116,383)		(67,189)	(183,572)
Dcfincd	benefit pension	scheme	(116,955)			(116.955)
Iiabili(y
			764,042		2,016,014	2,780,056

15.	RECONCILIATION	RECONCILIATION	Ol' NET MOVEMENT	Ol' NET MOVEMENT	Ol' NET MOVEMENT	liN FUNDS TO NET CASH	liN FUNDS TO NET CASH	liN FUNDS TO NET CASH	FLOW FROIVI	OPERATLVO
	ACTIVITIES
									2022	2021
										f.
	Net movement in 1'unds								(46,637)	111,967
	Depreciation charge								21,464	24. I56
	Bank interest paid								7,047	8,453
	Decrease / (increase) in debtors								(31,745)	36 138
	Increase/ (Decrease)	in	creditois excluding		bank	loans			(21,457)	26.2!4
	Increase/ (Decrease)	in	defined	benefit pension		schcmc			(34,255)	)4,623
	(Gains)/ Losses on revaluation			offixed assam					97,487
	Net cash provided	by	operating activities						(8,096)	221,571
6.	AiVALYSIS OF NET FUVDS
						At I	April 2021	Financing cash flo)vs	Other non casll	At 31 March 2022I
									changes
Cash	at bank and in hand					263,602			(91,839)	171.76)3
Debt	due within one year					(66,057)			(6,958)	{59,099)
Debt	due at)er more than	one year				(183,572)		52,142		(1.)1!1.)0)
Net debt						13,973		52,142	(84,881)	18,766

Futur	e minimum rentals payable	under non-cans cllable operating	leases as at 31 March are as folio	)vs:
			2022	2020
			8
Within	one year		7,968	2,507
After	one year but not morc than	live yeais	21362
Morc	than five years
			5,330	2,507

19. STATFMENT OF FINANCIAL ACTIVITIES FOR THE	19. STATFMENT OF FINANCIAL ACTIVITIES FOR THE	19. STATFMENT OF FINANCIAL ACTIVITIES FOR THE	YEAR ENDFD 31 MAIKCH 2021	YEAR ENDFD 31 MAIKCH 2021
			Restricted	Restricted	Total
		Unrestricted Fund	Fund	funds	Funds
			(Capital)	(Other)	2021
	Notes
income from: Donations, grants and legacies		189.024		169,806	278,110
(:heritable activities: Giunla		12,595		415,104	427,699
Young people, youth and		131419			131,419
cln!drcn's activities Acconnnodation		158,77(			158,775
Total income		411,813		584,190	996,003
F,xpcnditure un:
Coals ofraising voluntary (:hsritab!e acnvitics	timds	330.559	15,997	517,480	884&036
Total Expenditure		350„(59	15)997	517&480	884,036
Nel incomcf(expenditure) for thc year		G1,254	(15,997)	6G,71ll	111,9C)i
'I ransrer between funds	13.2	121		(121)
Net movcmcltts in funds		6I/75	(15,997)	G6,589	111,967
Reconcilistiun of furuls Total fun&is hrought forward		702.667	70 i.737	),263,()90	2,668,089
Total funds carried fomvard		764,042	685,735	1330,279	2,ii!0,tl(6