Company nwnber 026&5808 Ckgrity nwllber: 1008752 sirrTON COLDFIELD YOUNG MEN'S CHRISTIAN A&SOCIATION (A COMPANY LIMITED BY CUARANfEE) Fln*tseioJl stAtements Year e•ded 31 Mireh 2025 II¥DEX L441 and Adffjlnkntlve Deta Report ofthe TTWtas depcodent Audltorli R*port Sl4tement ofFIHaneknl AthItE¢s IIn¢orponth% tht loeome aqd E4x4dltur¢ Aeeout) io Statem¢Dt of eMIfflo Nolq• lo the Flft•nel•l Ststem•nts 13 YOUNG MEN?S CHRISTIAN A&SOCIATION (A COMPANY LIMITED B Y GUARANTEE) LEGAL AND ADMINISTRATIVE DETAILS TRUSTEES AND DIRECTORS David Daly (Resigned 13103.12025) Alfred David Owen (Resigned I211J￿24) Philip Scully Leon Siephen5 (Resigtsed 1211212024) Alex Yip Joanne Huxley Bev¢rl¢y R¢dgu8rd Reverend Becky Stephens (Re91￿¢d 1711012024) Danielle Williams Lorraine Worthingron-Allen (Appointed 17110r2024, T¢s1￿d 13103r2025) Abbie Mills (Appointed 13i03',?025) Ruvimbo Kazora (Appointed 19106Q025) Derck Sharples (Apwinted 1910612025} SECRETARY Joy S¢ott-Thompgon SENIOR MANAGEMENf TEAM Joy S￿￿-7710MP5oN CEO COMPANY NUMBER 02685808 REGISTERED CHARITY NUMBER IIX)8752 REGISTERED OFFICE Geor8¢ Willianu Hou Watson Cio SL Bernard's Ri)ad Sutton Coldfi¢ld West Midlands B72 ILE AUDITOR Fotrest¢r Boyd Rob8on Ltd 26 SLwth Saint Mary's Gato North Lincolnshire DN31 ILW Lloyds Bank PIC CAF BaDk Limited ELD YOUNG MER¥'S CHRISTIAN ASSOCIATION REPORT OF THE TRUSTEF.S FOR THE YEAR EI¥DED 31 MARCH 2025 The Trustees preseol th¢ir annual report with th¢ audited fmancial ststements for the year eDded 31 March 2025. The Trustees and Trustees, Repon ¢on5tiwte the Dir¢clors and Directors, Report for Companies A¢1 Purposes. The tenns 'Charity' and 'Association' refer to Sutton Coldfield YMCA. STA TUS Th¢ Association is a comptany limited by guarantee and is a registered charity. It does noi hav¢ a share capiial. The tiabiliiy of members is liniiied to £1. Its policies and op¢ratioiis governed by its Memordndum and Art7cles of Associaiion. TRUSTEES AND CHIEF EXECUTIVE The Trnsttts and Chi¢f Exetutiye who served during the year and to the date of this report were as follows: David Daly (Resigued 13103ll025) Alfred David Owen (Resigned IJ? 12r2024) Philip kully L¢on St¢phcns (Resigned 1211212024) Alex Yip Joanne Huxley Beverley Redguard Reverend Becky St¢phens (R¢St￿ed 17110r2024) Danielle Williams Lorraine Worthinwon-Allen (Appointed 17110r2024. resigned 13103Q025) Abbie Mills (Appoinied 13103,?025) Ruvimbo Kazora (Appoinred 19106,'?025) Derek sharpl￿ (Appoini¢d 19iO&QO?5) PRINCIPAL AcfiviTY -The Associarion's a¢iiviti¢s have, principally.. been the fulfilmeni of the aims of the Yowig Men's Chrislian Asso¢iatioD by the provision of facilities and developmeni of aciivities lo enable members to a¢hieYe a Christian environmeni. Spe¢iti¢ally. the Association provid¢s residLntial accomInodarion for Youn￿ low income. unemployd Working peopl¢ rakin8 up employment In the areas around Sunon Coldfield and young people in training, ￿ well as proyiding 5uppon (o satellite youth Clu￿ carers and people with disability Tn the area. Th¢ Trusiees consid¢r these activiiies ar¢ Clearly for Ihe public benefit. HOW THE ASSOCIATION IS GOVERNED Tbe Board of Trostees ("The Board") Th¢ Board is led by our Chairpetson. Beverlcy Redguard and is ¢vmprised otTrust¢es dppoinled by th¢irfellow lrnslee& all of whom must uphold th¢ Chrisiian foundation and prineiples of the YMCA as a whole. Th¢ Board is r¢spon5ible for all of the Trusi'5 aciivities and meets quart¢rly ¢0 receive rcp)rts, make decisions and determine strate8y, Among ils rnany responsibilities. the Board takes responsibility for idenlifJin8 and managing any risk to the Associarlon's assels and to the e￿l¢len[ and safe L￿dertaking of its responsibilities. including ensuring adequate safeguarding of all stakeholder5 and staff. If Board m*mb¢rs have personal. work vr health issues thai are affectin8 their 8bility to p¢rforni th¢irthJti¢& they have the oplion to take a sabbatiral of a period of up lo Iwelve moTJths UNG MEN'S CItRISTIAN ASSOCtATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 with tb¢ agreernenl of the Cbair. Board members serve a terni of three years, up to a m￿lM￿rn of thrce tettns. Board m¢mbers must then have a 12 month break before they can be considered for re-elecrion. Trustee Induction & Tralning All new trusiees undergo a thorough Wdining plan: including provision of a B08rd pack d¢t2iling all the relevanl roles and responsibilities as per Charyty Commission guidauce. Each year. Ejoard membets art required w allettd a Board Away Day where Stratrgic pla[￿l￿g and training are th¢ main agendas. coMTr￿nEEs OF THE BOARD Fundr8fsing Th¢ Board has dtlegaied certain tssks lo sub-committe¢s which meet during the year to cary out their work and report ro the fvll board &t each meetin8 ofthe Trnstees Durin8 th¢yearth¢ following Tn￿e¢S were nembers ofthe FuDdraising CommTt¢oe.' Joanne ￿￿KleY Alex Yip In 4nendanc¢ are the CEO and Fundraising ManaEer This Committee is scheduled lo meel quart¢rly. Flnan¢4 Audlt and R¢munerAtion During the yw the following Trustees were members of the Finan¢¢. Audit and RemunerntioD CommirEee.' David Daly David Owen L¢on Stephens (Commitree Chair & Treasurer ¢0 Dec 2024) Bev¢rl¢y Redguard (from Mar¢h 2025) John Farrdr (Honorary Treasurer froTh March 2025) In attendattce ai and reportin8 lo the Commilt¢e: Emma Freake (FIDance Managcr) Joy Scoll-Thomp50n (Acti118 CEO) The Fintm¢e Committee aTrn lo meei 4 quanerty b￿1$ and hayc responsibilit), for the nianagerneni of the Trust's r￿anCial asKty long-tern) fiuLds and scrutiny of its operating fimds. Tevenues and ¢xp¢nses. With regards to the pay of the A550cialion's key management personneL pay is reviewed annually by Ihe FiTtrance, Audit and Ren)un¢Ta¢ion Cathrnitt¢< Trking into account local levels of pay, pay rates of compardble YMCAS. and Ihe RPI, with reeommeTthrlons subrnitted to the Board for approval. In November 2016 we achieved the Charity Commission endorsed YMCA tNSYNC Standard for Governartce, FinAncial control, and work with young people. We are working iow8rds Trusted ¢huity 51atus, REVIEW OF ACTI￿ri£s At YMCASC, we ar¢ committed to delivering eY¢eptional servi¢e5 a¢ross all our 51t¢s. We ue fnientional in ¢r¢ating safe, nurturin8 environm¢nts where every young per8on has the opportwiil), lo thrive. Our experienced and dedlcatcd staff play a vithl role iti safeguarding and pr(xnoting the welfar¢ of the children and young p￿pIt we support Their unwav¢ring commitsnent ensures that our servic¢5 Tcmatn resp005iv¢, illclusiv¢, and safe. We have buil( strong relaiionships with famili¢s, carers, and professionals lo assess nceds. co-develop plans, and provide ¢onsisteni ¥upport. Our parther5hips wiih. extern81 agencie5, menial healih service5, ￿0ndary sLhools. and the local community strengthens our ability to meei young people's evolving needs. Our clubs are yibranL inclusive spaces where young p¢ople are ai the heart of everything we do. Over the past year: we have witnessed a ri5¢ in mental health challenges affecting young people. In TCSPOD5q our scrvice5 have offered 8uidam¢e. and holistlc SUPPOrt for botb physical attd emoiional wellbeing. We Continue to encourage learning by offering exciting opporlunities that h¢lp young p¢ople discover their potential and sbape their fvttwes with confidence. SUTTON COLDFIELD YOUNG14fEN'S CHIUSTIAN ASSOCIA TION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Our youtkn-led podcast Why Teens sparked powerful conversations aroulld mental lealth. education. attd social medi& It has become a plarfonn for young people b> young people otTering real and relevant conversarion. Supporting Independence and Trdnsitirms Our indcpendLnl acconimodlltion remains a lifeline for vulnerable young people. Includi￿ Ihosc estranged from their families and care-expericnced individuals. li is a proud momeni when young people transiiion inio independeni living. equipped with the life skills ro manag¥ their own honies. Many have gone on lo thrive ai university. a lestsmeni 10 their resilience and our support. (￿r Young Aduli Carets Service provides tailored guidancc a5 Joun8 peuple navigate the transition from sehool to college, universily. or employment. We offer prdciical. cmotional, and social support thai rellecL8 everyone'5 unlque joumey. The Steppin8 Up projcci continues to celebraie attd empower disabled yotsng people and adults. It is a joyful space for learning, laughter. and connc¢iion where frieiidships flourish and confid¢nce grows. New funding pxrtnershlps have enabled us to dellver exceptional work with youn8 peoplo Thanks to smart financial pl(Inning by our Finanee Officer, we have successfully nttvigattd rising costs, Our ￿u$ remaitis on long-tcrni Susthinabilty. ensurin8 Ih81 we grow with purpose and inlegrily. Through our n¢twork of Iwal organisa¢ion$. we remain deeply connected io Servi￿ ¢hampion positive outcomes o matter wha¢ ¢halkn8es li¢ ahead. Our stalyconsislently show up For young people, driven by the belief in their POTenrial. Thej witness the Iransfornialive iEnp&ci of their work every dav. as young people grow in confldence and st¢p boldly inio Lheir fiJNres with hope and self-b¢lief. This year h&8 been one of challenges, new opportunities and posilive S*ps For our youttg people. ANNUAL REPORT The A.sso¢iaiion pwdu¢e5 annually a comprehensive revtew of its activities. reporting and adrninistraiive details IJKI copies are available from th¢ Chief Execulive. Ii is intend¢d to publish the reporr for 2024r25 du¢ ¢ours¢. PUBLIC BENEFIT STATEMEi¥T The Trus¢ees consider they have complied with the duty im Section 17 of the Chariti¢s A¢t 201 have due regard ro public benefit guidanc¢ Published by the Charity Commission FINANCIAL REPORT OtlT 51atement of Financial Artivilies for the year shows a net surplus of £ IQO.429 (2024.. J32.794F this has been reduced due to the triennial property valuation which reduced the value of properties held bi, £85,000. Grdnt income his increased by £130,192. a large proporEion of ivhich is funding for capiial works-there is a corresponding increase r¢venue cosis associaled with Ihese improvements. Thm. have included a large-scale refyrbishmenl of the Lod8¢ buildirF¥. funded by Comi¢ Relief: improving the Youth & Sen50ry rooms, and creating a n¢w space (The Pod) for producRng podcasts and glaming. In addiiiL)n, various necessary improvemcnls were made lo maui site 10 provide a ¢omfonable, safe. and secLtre experience for residcnce. including updaiTng fwe door5. bathroom5 and CCTV and 5e¢urity sysiems. Rent income has remained t"airly cooslant. wirh an incr¢asg of around S % representing the agreed annual increment. Costs hav¢ increased by £1?3.71 l. mosily due io an increase of £107,813 in salary costs which were reduced in 2023124 due 10 a £27,056 adjusiment to reduce Ihe overall YMCA pension liability. Stsffmg hours have incrne and H'L coniinue lo pay all staff the Real Living Wage- we anticipate that salary costs will continue to incr¢ase in 20251?6 due to changes io F.mploycr Naiional Insurance rates. The Man4¢yemeni team hav¢ 8gaiii Proved resourceful in a year where the economic ¢litnal¢ has dicthtcd 8 general decline in ehaFilable 8rnnts and donations. WV therefore consider the Net tneon)e to be in Iioe with previous years and future expectations. FIELD YOUNG MEN'S CHRISTIAN ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 RISK iklANAGEMENT The rnain risks that we see facing us arE ￿ follows.. Safety And safe8uarding of our scTrice users. staff members and volunteers," Loss of senior management and staff: RecNitm¢DL retaining and training of Board membe Payrnents to the PeD$ion fund as higblighted in the accounts. and Donations, graDts and incorne geDeration. The managernenl and Board ar¢ very aware of the ¢onsequences of the risks higblighted above and therefore continue to manage aco)rdingly through approved su&grc4w. policies and monitoring, The Tn￿Lee5 consider that the mitigation of the risks faced by the Associ*ton is achieved by: ensuring adequate controls exist over key fthancial 5JStem$' regulaT consideration of the operRtional and b￿lnesS risks faced by thc Association. a prompt and timely response ro maDagemeDt chao8es experienced during the ￿T{0d the provision and examination of 3 regularly updated risk reglster the dppoiTr￿ent to the Board of Tn]siees of a range of professionally qualified indiYldLLals able to advis¢ oo poteniial risks and the steps required to mttigate those risks" And consideration by staff of best practice fron7 information Provided by the YMCA Ex8land & Wales RESERVES POLICY During the fiTtancial year, the Finance Committee has prepared and presented io the Board a FinancL Policy thai has been approved and implemenied. This poll¢y cov¢rs all aspe¢is of asset protection and procedure. The Reserves Policy has therefore been included wiihin This docwnent requiring ih¢ Charii). 10 aini for a minimum level of reserves 10 be held lo the vttlue of Ihree iiionilis. Ivorth of cash flow. We are curr¢ntly meeting thi5 ambition and iniend 10 moinrain rhis position. Unrcstrl￿ed reserves at I l March 20?5 amounted to £ 1.111,573. Fre¢ reserves available lo spend in thc fuiure. e.xcluding fixed as%eis. are £422,049 {?024.. £215.761}. Thi5 includes £20.880 re the YMCA pension li(kbility whicb will be paid from future income. When this element is renioved this leav¢s a surplus of £442.9?9 (2024.. £306.664). STATEMENf OF TRUSTEES. RESPONSIBtLITIES The Trustees ￿ responsible f<)r preparing th¢ annual re￿rt and ftntm¢ial siatements in accordance with the Companies Act 2006 and for being satisfied Ih41 the financial Slatcments give a inte artd foir view. The Tn￿leeS are responsible for preparing the f￿ancial statements in accordaDce with the United Kingdom QeAerally Accep(ed A¢¢ounting Prdctice (Unit¢d Kingdthn AccountTll8 Standards ond applicabl¢ law). Company law requires Tn￿reeS to prepar¢ financial statements for each fmancial year whi¢h give a tru¢ and f8ir view of the A550¢iation's stsie of affairs and of the ineoming regources and applicaiions of resour¢esfortheyear. In preparing those fujancial sfatements lh¢ TrJ5tees are r¥quir¢d to select 5Uitabl¢ accounting policies and apply them con5islently,' observe the methods and principks in the Charities SORP: Slate whether applicable aCCOLtnting stanéar& have beell followel subjeet to aoy maierial departures diKlosed in the f￿anCial ststemenis: make judgements and estimatex arc r¢asonable and pr*￿ellt. and prepar¢ the f￿ancial s￿leMentS on a going concern b&sis unless it Is inapproprmte to presume that the Association will conlinuc to busines5. The Trustees are responsible for keeping proper accountiiig records whlch disclos¢ with rea50nabl¢ a¢curdCy al any lime the fmancial pjsition of the As.sociaiion and to enable them to en5ur¢ that the financial sratmenls compl). with th¢ Compaoies Act 2006. They are alqo responsible for Safeguarding the assets of the Association and he￿¢ for raking reasonable steps for the prevention and deteciion of fraud and ther ]r￿gU￿antic5. STATEMENT AS TO DLSCLOSURE OF INFORMATION TO THE AIIDITOR As f&r us rh¢ director5 ￿e aw￿.¢. they have iaken all n¢¢¢ssary sicp5 to make the atulitor oware Oran￿ r¢lev8nt audit infonM21ioa and io establish Ihai rhcy ar¢ dwarc of that informalion. Eber¢ is no rele%'ani audii ii)fomaiioD of which thr company's au¢Jilor is unawarc. AuD￿oR The auditors. Forrester Boyd RobsoD Limi*d. were appDinred durtDg Ibe yw alld havc expre&quJ their willin8lless to continuL in nifice. ThL direciors have prepared this rep)rt in acLwrd4DCC with the speci81 provisions of Part15 of thc CompaDia Act 21x16 relatillg lo snthll companies. The S￿￿tE81C Report and Trust¢es Rcport approv¢d by the trustees of the ¢baTity on 9th Octtlbv 2025 and si￿d on th¢ir ￿h81[ by: Beverley Red Tr4'S CHRISTIAN ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SUTTON COLDFIELD YOUNG MEN'S ASSOCIATION Oplolon We hav¢ audit¢d the financial sta*ments of SUI￿n ColdfRld Young Men's Chrisiian A&sociation (the'charilable eompany.) for the year ended 31 March 2025 which compri8¢ the statement of Financial A¢fivity, the Balance SheeL the Cash flow STatement and notes to the financial statement4 including a summary of si¥nifie4Dt ac¢ollnting policies. The flnancial rqx)rting hmewoTk that has Eeen applied in the1rpreparntiC￿ is applicable law and united Kingdom Accounting Standards, comprising Cbariries SORP- FRS 102 "The Financial Reporting Standard applicable in rie UK and Republic of Ireland,: and applicable law (United Kingdom Generally Accepted Accounting Practic¢). In our opini(yo, the f￿ancial stateTnents: give a true fair view of th¢ state of the charity's affairs as at )1 March 2025 and of its incomin8 resouTCCS and application of resources, including its income and expenditure for the year then erAled: have been properly prepa￿d fft aecordance with United Kin8dom Generally Accepted AccounSinE IJTacti¢¢' and have been prep4T¢d in ar¢oTdance wtih the r¢quirem¢ots of the Companies Acl 2CXI6. Basb for opinion We conducted our audit in ac¢ord£nce with In¢ernational Stalldards on Auditin8 (UK) (ISA5 (UK)) and Jpplirable law. Our responsibTlitie5 ullder tbose standards are Iltrther described in the Audlior's resp)nsibiliiies for the tudii of the fJnan¢ial statemcnis sectioo of our reporL We are indep¢ndtnt of thc rharitable COTapany in acwrdancc with the ethical requirements that are relevant to our audit of th¢ financial s*t¢mettis in the UK, including the FRC'S Ethial Stsndard and we have fulfilled ourotherethical responsibiiiiies in accordance wilh these requirements. We believe that the audTI evidence we have obtained is sufficienl and appropriate Io PTOVTde a basis foT our opiiiion. Concluslofts r¢la¢lng io going ¢ODeern tn audirin8 the finaDcial slalcments, we hav¢ concluded thal the Etwte¢s' ￿ of the goin8 eoncern basis of accounting in th¢ preparation of the f￿ancial slatementg is appropriate. Based on the work we have perfomi¢d we have DOE identified any material wi¢¢rtainlie3 relating to ev¢D15 or conditions Ibai individuall> or collectively, may cast Significant doubt on the group's ability to coniillue &$ a going Concern ftr pcrrod of ai least twelve months froth when the original fEnancial statements were authorised for issue. Our responsibilities and the responsibilliieg of the tswstees with respect lo going concern are described in the relevant stttion5 of this report. Other Inform•tknn The trustees are responsible foi the other infonnalion. The other inform*ion compris¢s the inforniatioo inclFJded in the annu￿ re￿rt, oiher than th¢ fU￿n¢1*1 statements attd our auditor's report thereon. opinion oo the financial 5￿ternents does niA cover the other inforniAtion and, exc¢pi to the exteot othmvise ¢xplicAiIy Stated in OUT repo￿ we do not exwevJ any form of assuraDcc conclusioft thereon. In ¢onn¢¢¢ion wlth our audit of the finanelal stat¢m¢nts, our responsibilty ts to read the other information and. in doin8 SQ, consider whether the other infomiation is ma¢erialty inconsistent with lh¢ financiai staiemeDrs or our kllowkdge obtsined in the audit or otherwise appe￿¢0 be materially misstsled. If we idenllfy sucb ma￿1•1 in￿051sten¢IeS or apparent material misstatcments, we are required to detcrnine whetherth¢re is a material misstsrem¢DI in the finan¢ial statementsor a material mi5sraiem¢nt of the other infomkalion. If, b&sed on the WOTk wc have ￿rfQnned, w¢ con¢lude that there ig a marerial missLit¢ment of thiy other iDfoTrnalioll, we are requirrd to rep)rt thal fact. We hav¢ nothing lo report io this regard. Oplnions OD olber matters prucrlbed by ¢h¢ CornpaDies A¢t 21x16 In OUT opinion, based on the work und¢rtaken in the course of th¢ audit". the inforn)ation given in Ihe TTUStces' ReFQrt which includ￿ the Dttector"s Re￿￿$ prepared for the Purposes of company law, for the financial statements are prepared is consistent wilh the f￿ancial s(atements' and the Dirertor$' Report included within the Trusiecs. Repon ha5 b¢en prepaT¢d in accordance with applicabl¢ legal rcquirements. su￿0￿ COLDFIELD YOUNG MEN'S CHIUSTIAN ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SUTTON COLDFIELD YOUNG MEN'S ASSOCIATION Matters on whlch we ire rtqulrcd to report by exceptlon In lighi of the knowledge and WiLler5tanding of the cbaritable compally and its environmenl obtained in ihe course of the Audi¢ we have not identiti¢d matsrial rnlsstat¢rnents in the Directors, Report includeAI within the T￿te¢s, ReporL We have nothing io report in respect of the following maner5 in relation to which the Conpanies Act 2006 r¢quires us to repon to you if. in our opinion: ad¢quate and proper accounting records have not been kepL or returns ad¢quat¢ forour audit have not been received from branchcs not visit¢d by us: OT th¢ financial ststements are not in a8reemeDt with the accounting records and rctums, or certain disclosures of tru5tee5' remuneration specifiL by law are Dot tnade. or we hav¢ not received all the infonnalion and explanations we wuire for our audil. the trustees were nor entitled lo prepue the financial statements in accordance with the ￿all companics. regirne and tAke odvantage Of the small companies. exempiions in preparin8 the Drectors. Repon and from the requir¢m¢nt 10 prepar¢ a Strategic Report. RespoDslbllllles ol Truit¢¢s As explained more fully in the trustees, r¢spon5ibilltTes statement set our on page 5, th¢ truste¢$ (who are also the dlreetors of the charitable company for the purpos¢$ of ¢ompny law) are responsible for the preparation of the finaDCitI *aiem¢DIs and for being satisfied that they give a true and fair view. and for such internol ￿ntrol as the trnstees d¢t¢rn)in¢ Is necessary to ¢nabl¢ the prep&rntion of financial slatements that are free from material tnisslalem¢nl. whether due io fraud or error. In preparing rhe fmancial sratemenls. the In￿lee5 are respons1￿1¢ for &ssessing the charitablt company's ability to coniinue as a goiDg concern, disclosin8, L5 applicable, matters relaied to goiDg concern and usi￿8 the goitig concern bosis of attounting unless the tru51e¢s either intend to liquidaie th¢ cbarity or to cease operdtions. or bave no rtrdlistic alternative but to do so. Audltor's responslbilitlts for the audie of (he Jlnancial s¢*temeots Our objeetives are to obtsio reasonable assurnnce about whether the financial statements AS 8 whole arn free from nlarerlal misstatemen¢ whether due io fraud or error. and lo issue an auditor's repoTt that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guaraniee thai an audit ¢ondu¢ted IJJ accordance with ISAS (UK) will always dfflect material mi5siat¢rnent when it ¢xisr5. Mis5ts1ements can arise from fraud or error and are considered malerial if, individuully or in the aggregate. thty could reasonably be eXp￿ted to influence the economic decision5 of users tsken on the basis of these fujancial siatemeni& IrregularitTes, including fi7ud. ar¢ instsnces of non-compliance with laws and regulaiions. We desi￿ proceduTes in lin¢ Ivilli oiw responsibilities, outlined above to detect material misslatemeJJts in r¢sperf of irregularities. including frnud. The exreni to which our procedLLrcs are capable of detecting irregulbrities, including ￿ud is detailed bclow: Discussions with rnanagemeni including eonsideralions of knowD or suspected instanees of non-compliAnce held. Challenging ￿sUMptiOnS andiudgements made within significrni accounting estin]ates and judgem¢nts such as depreciation. Identifieation of key laiss and regulaiions central to (he tharity's operations and review of compli&nce with such laws including a r¢view ofchariii¢s Commission website. Testing of journals eniiies and pot¢ntial override of systeffjs. MIS￿8te￿ in the financial s1atcmLIts (T n￿￿1p[l8￿￿ witb This risk inuEases the mixr ttk* LxxnpliwKe with a law (T regulats'(n is rLThovLYI firxn the events and ret]thd Ni the faJan¢ial as w¢ ￿11 likefy EO aw•Jp of infa￿￿￿1 ¢(￿Ceabna1L foryy, ¢ollll8i(K i%nissi¢m armisryw￿IC￿. SUTfoN COLDFIELD YOUNG I¥￿'s CHRTSTIAN ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SUTTON COLipFIELD YOUNG MEN7S ASSOCIATION A fivther deKriptioo of our rESP)nsibilitI￿ for the audit of the financial sthtements ig lo¢aled on the FiDfflcial Rcporting Councll's website al '.IrL'.orir ￿L￿udi11II%r. , *>ii%ibiliiiL.%. This d¢scription fornis pan of our auditor's rporL Use ofthe Audit report This repon is made solely to the charitable company's membus as a body in accordance with Chapter 3 of Pan 16 ofthe Companies Aci 2006. Our audii work h&$ been Under￿k¢Tr so tliat ￿¢ might Slare io the charitable company's members those maners we are required io.%taie to rhem in an auditor's r¢port and for no other purpose. To the lulle￿ exteni perniiiied by laiv, we do noi accepl or a55ume rcsponsibiliry io anyone other than Ihe charirable compaoy and the charitable company's ￿eM￿rS &$ a body for our audit work, for this repoll, or for the opinions we hav¢ foThncd. fc¥rL.) ILJ Carrie Anne Jensen AC (Senior Sialutory Auditor) For and un b¢hdlf of ForresIer Boyd Robson LimiiL>d. Statutory Auditor 26 South Saint Mary's Gate Grimsby North East Lin¢olnshir¢ DN31 ILW 9 October 2023 STATEMENT OF FINANCIAL ACTIvrrIEs (￿CORPORATING THE INCOME AND EXPEIYDITURE ACCOUNT) For the year ended 31 Mareh 2025 To¢•1 Fo•ds 2025 Unrestriel¢d Fkn•d (C*pltsl) (Otb¢r) 2024 lllcome from: Donation& grants and lega¢ies 19,989 693 100.882 Chirltable aelivitles: yO￿g people, youth and ¢hildren's activilies A￿On￿￿Oda1loft 33.100 371.778 274A6 196,795 19302 471 177 471￿77 449,165 l•vestyieDI ltteorne Bank inte￿t received 3218 3318 2226 Totsl incom¢ 68&776 33.100 378071 I,l••J47 I,¢Y23.754 Expondttur• ou: Costs of rnising voluntsry fi￿dS Ctwitable aGtivitic5 4604 912J14 120 791,086 53S265 21246 355oa3 Totsl ExpeDdlthr* 537*9 21346 355103 914.918 791J06 Nt¢ Imcom&lexpeDditure) ror th• year 15&9V7 11,854 18S429 232J48 T[w￿rer belweeft fvnds 12 121 9.112 (9J33) Other Yecrymned PiDs aDd caln￿ losses on rev9luatio￿S11e of flxed lssets for clwlty's own (840110) (wool Net m•)venbeDts li ftAAds 2ffj966 13,435 232,794 R¢eoncilladoll of f•lldJ Total fimds broughi fon¥ard 1245,545 694,982 1208.795 3.149,322 2916,528 Total f•nds earrl¢d fornrd iaii473 71S948 3349.751 3,149J22 The SWem¢Dt of fllwicial artivkAes Includes a118ains and losse5 reco8nlYd in the year. All iucome and eKpMditsw¢ derives from ¢ontinuing activities. 10 Notsg 2t125 2024 Fixed Tangible &ssets 1767.742 2.827.157 Deb￿[s Cash at bank a￿1 in h8Th1 68,144 493254 92.060 384.407 561J98 476,467 Crnlitors: amountJ falling du¢ within one year (SW9) (116.520) Nrt eurrent ai 2089 3J9.947 Total aJ8ets less Currrnt liabilitks 3270031 3.187:IIH Credilors.. Amonnt$ f4111nz due ¥fter more ¢h*n year (6.879) Net wets ￿thdIllg peDSiOn liabllltw D¢fifj¢d benefit pefjsknn xbeme tsabllity Net 3270AI1 3.18fi.22J 14 (201￿} I30,￿3) 3249.751 3.149.322 Fuods U￿￿T¢l¢d fu￿1 J2 lJllJ73 1.245.545 Restticted fut¥ls.' Capital Othcr 12 12 715948 1222330 694.982 1308,795 3349.751 3,149,322 Thes¢ fuwn¢iaA siatern¢nts IwN'e been p￿p￿( d in accordai￿e with t1￿ stKLial PA)i".isior6 relaiing lo ¢omwues subj¢ 10 th¢ 5NKill Loni￿nIc5 rcginic ii'illiin Part l.f of the Compl￿t¢s Aa 21x16 in a¢¢ordancc witli the FIna￿la1 Reporting Skil￿rd l(12 (effcctii'c Ckiober 2011)). Tr r1tH￿la1 SL*cments wcre app￿Ved by Ilr Board of Trn51￿$ on yh 2025 aThl s18￿d on its bcbajf by.. Beverley Redguard Alex SUTTON COLDFIELD YOUNG MEN'S CHRISTIAN ASSOCIATION STATEMFNTOF CASH FLOWS For the year ended 31 Mareh 2025 No 2￿24 Net provlded by operating aelfviti 15 Cash nows from iov¢5tlng aetfvilks: pUrch￿C of r￿ed &8seES Proceeds from sale of fixed 209,828 191,932 (44672) (21,520) Net e•sh ID InvestthR aetlvlties Cash flows from Ixnanelug actAvhkK' Repayment of borroivin&' Interest Poid (45,672) 121274) (51,989) (3J20) (61,929) {8,182) Decrea$e An ￿•h provlded by flniD¢th8 activlties l•erwel(Do¢re•¥t) l• eash lo the y￿r (54309) (70,111) 108,847 IQO,547 Reconciliatlou of net llow th wovemellt kn funds lor the year ended 31 Mar¢& 21124 Inrrease/(Decr¢ase) In cash for the year Net brouzht fornrd 2025 2024 IOU47 l(i)J47 eash e4rrkd for￿rd 384,407 283.860 493254 16 384,407 12 YOUNG MEN'S CIIRISTLAN ASSOCIATIO1¥ NOTES TO THE FINANCIAL STATEMENTS For Iht year ended 31 Mareb 2025 Accou￿[NG POLlCtES Ststus of Assoctatioo The Associaiion is a chariTr and a Lompan).. ineorporat¢d in England ihat is limiied by ouardnl¢¢ and does not have a share capital. In the evcni of the compan!. being wound up. die liabiliEy of members is limiod io £1. The DTrreciot5 of ihe As%ociation pre the Trustees named in the "Legal and A(tministraiive De￿lIS"' Summary of $lgnificAo¢ a¢toun¢ing policles and key a¢eountin8 estimates "the principal accounting polices applied in Ihe pr¢parniion of these f￿ancial Malerncnrs #Te sd oul below. Th¢se policies have been consistently applied io ttll the year5 presenie(L UDles5 Othenyise st*d. StaiemeDt of eompjlanoe Th¢ fuwicial siatcments are prepared in aceordance wlth Accouniing and Reporting by Charities: Statement of Recommended Prdcllce Jppli¢able lo cllarities preparing thcir accounts in accordance H'ith the Fii)ancial Reporttn8 Standard applicable ii) Ihe UK and Republic of irtland IFRS102) (eff¢aive October ￿19) - (Charities SORP (I-RS 102)).. the Financial R¢porting Sfandard applicabl¢ in the United Kingdotn and R¢publi¢ of Irelond (FRS1021. They also comply with the Companies .4ci 2(K)6 and Charities Act 2011. Bgsts of preparatlon Sutton Coldfield YouTh8 Men's Christldn Associa(ion meets the dtfiniiion of a public benefit entity under FRS 102. AsseLS and liabilitle5 are initially reeognised at historical cost or tran&*tion value unless otherwise slated in the relevant accountin8 poliry no￿$. The f￿￿7¢181 statements pn presented in sterting and round¢d to the nearest ￿)￿d. GolDg concern The financial staiements have been prepared on a goiDg concern basis which assumes that lh¢ Sutton Coldlield YMCA will contitiU¢ ID opcfdtion and exisi¢nce for the foreseeable future. The Board have considered a period of least 12 monihs frorn Ihe dale ot approv81 of Ihese fmanci&l sraiemenls and have raised no Si￿lfi￿￿t cooccrns. On this basis the board consider it appropriate thai the accoun15 are prep¢wed on a going ¢ODC¢rn basis. 14eome rttognlilon All in¢om¢ is reeo8nised ODce the Association ha5 eDtiilement to the income. it is probable that the income will be received and the amount of income receivable can be tn¢asured rellably. DonaiioAFS ar¢ recognTsed when thc ¢h3rity has been notifi¥d in ivritiIig of buth the amount and setElemeni date. I the event ihat a donalioii is subject lo condiiions that require a level of performance by the chttrity before Ihe charit), is entiiled to the funds. Ihe inLome is deferred and not recognised unlil either those condliions are fvlly met, or the fulfilmenl of those conditions is wholty within Ilie control of the charity. and il is probable that these onditlODS will be fulftlled in the reponing peri(41. Gr4nts arc re¢oumised when th¢ charily has an entitlement 10 the funds and conditions linked 10 the grants have been mei. Where perfotrnance conditions are aiiached ro the grant and are yet 10 be meL the income is recognised as a liability and included on the balance sheet as defcrred income lo be released. Rents are Included in the period to which they relato Income from m¢mbership activities 15 accouoted for on th¢ basis of the amounts, re¢¢ivabl¢ for the year. Interest arising on cash balances is Included when receivabk and the amow caD b¢ rneasured relitibly by the Association. This is nomally upon notifJ¢ation of the interest paid or payable by the bank. Lkgacy gill8 are r¢¢ognised (bn a rase-by-casc basis following the granting of probaie when the adrn inistraiorl¢xecuior for Lhe estat¢ has communicated tn ivriiing both Ihe amount and 5Liltlement dare. It the gift is in the fonn of an a55¢t other than ￿3h or a fjnancial dsseL trad¢d on a r¢¢obmi5ed siock t¥chang¢. rvcognition is subject to the value of the gift being reliably n)easutable with a degre¢ of ￿aSOnable accuTacy and the tvtle lo the asset having been trdnsferred lo the ASs￿latio￿. Expenditure rteognition All cxpendiiure is recognTsed once th¢r¢ 18 a legal or wn5trt￿t1ve obligation to that ex￿ndI￿r4 it is probable seftlemeni is required and the amount can be measured reliably. All c08ts are allocaied To th¢ v4pplicable expenditure h¢ading that aggregarc similar C05ES to Ibat calegon,. Where Losts cannoi be dir¢¢ily attribtjtod to particular h¢adings. thev hai'L been allocated on a basis ¢onsisl¢nl ivith the us& of resources and with ¢¢ntral staff cosls allocated on rbe basis of tim¢ sp¢nt. 13 LDFIELD YOUNG MEN'S CHRISTIAN ASSOCIATION NOTES TO THE FINANCIAL STATEMF.NTS For theyear ¢oded 31 March 2025 The chariiable compan), is registered for VAT and its income and experLditUTe are shown net of VAT. io Ibe cxlent it is r￿0verable. Costs of rnising funds are incurred in attracting voluntary ineome. Expendin￿¢ on Charirable a¢tivilies comprises those costs incurred by Ihc charity in the delivery of its activities and services for its beneficiari¢s. li includes both costs that Can be all(￿￿ted direcily to such aciivities and those Costs of an indirea nature necessary 10 5UPPOrt them. Support Costs include central funcliolls and have been allocated to aetivtty cost categories on a basis consistent with the use of resowces. foT exampk, on time spent by staff utilisation of resources. Governance Costs include the costs attrtbutable to the Charity'$ eomplianee wiib ¢onslituiional and sralurory reqUi￿M¢nts, including Audil, strategic Inanagemeni 4uid Trusree5 m¢etii)gs and reimlxtrsed exp¢D$es. Fixed assets Ind depreclatlo Freehold propery is included in th¢ f￿anCIal stateTnents ai valuation in ?010 and subsequent additions at ¢ost. No depreciaiion has been provided on treehold buildings on th¢ grounds that it u'ould be immaierial. The Association has & policy ond practice of retsular m&inienance and repair such diat the ¢stiniaied r¢sidual Value of building is considered not less than valuallon. Due to th¢ extsnsiv¢ work undertaken ai the Sutton Coldfield site and subsequenl 5ignlfKant increase in value the Board of Trustee5 has agreed an accounting policy ¢oncemÉn8 ihe fr¢¢hold property 10 apply frt)m l April 2017. In order lo ensure that Ihe ¢&￿'1n£ amount does noi diff¢r maierially from the fatr value of the asset Ihe Bourd has agreed an annual revaluaiion policy whereby the 8SS¢I will be professionally r¢valued on a lri-Rnnual basis with the Board assessing the tarrytn8 value on an annu81 basis. Gains or losses on revaluation will bc r¢Co￿￿•sed in the Statement of FinAncial A¢rivities. Th¢ fre¢liold property at Geor8¢ Williams House was re-valued by Cbiv¢rs Commeirial, Property Consultan15. on l O March ?025 at oren market i'alue wilh vac&nl possession. Tlle freehold property 8t Si Pei¢rs Close was re-valued by C.hiveTS Cornmercial. Property Lonsulianis, on 10th March 2025 open markei value with vacani possession. The Board has assessed Ihe fair value of the freehold property at 31 March 2013 and ere satisfied this is noi less Ilian the carrying value in ihe financial staiemenis. Other fjxed assels are depreciated in order to writ¢ offthe cost ot lh¢ assets over their anlTcipaied us¢ful lives at the following iinnual raies.. Computer equipment Furniture, fixruRs and fittings Motor vehicle 33 1130/0 20t/*o Straight Line Straight Line Srtaight line TaxAtlon The Ch8rity is exempt from taxation on income and gains on investments. Trade debtors Trade debtors are amounis due from ¢￿toMerS for merchandise sold or servic¢s perforni¢d in the ordinary course of buslD¢SS. Trad¢ dcbtors are re¢ognise4J at the transaction price. less provision for impatrment. A provision for the imwdim)ent of trad¢ debtors is esiablished when there is objeciive ¢vid¢nce that tiie charity will not be able to collect all amounts due according to the original t¢m15 of the receivable5, Cash and c¥sh ¢quiv81¢nts Cash and ¢quivalents comprise of cash on hand and call deposits, and other shon-ierni highly liquid invcstm¢nts that readily convertible to a known amoun( of casb and are subjeci to an insignitrcanl Tisk of change in value. Trade creditors Tr4de creditors are obligations lo pay for£oods or services that have beeft acquired in the ordinary COUTse of business rroTn suppliers and are ￿cognised at Iransaclion price. 14 SUTTON COLDFIELD YOUNG MEN'S CHRISTIAN ASSOCIATION NOTES TO TKE FINANCIAL STATEMENTS For the year ended 31 Mareh 21llS Borrowingg Inter¢5t-bearin8 borrowings are initially recorded al fair value, nei of transaction cos￿. Interesl-bearing borroiYing5 are subsequcnily carried at amortised cosi, with the difference between the pro¢¢eds. nel of transactions cosis, &lLI the amount due on redempiion beiTFg recognised as a charge 10 the profil ond loss a¢cow?l over the period of the relevant borrowing. Illtere￿ expense is recognised on the b￿lS of the effe¢iivc interest method and is includcd in inter¢st pay'able and similar char8es. Borrowings are classified as current liabilities unless the wn]pany has an unconditional right lo defer settlcrn¢nl of the Itability for at least twelve months after the reporting date. Fund 8¢coundng Funds held by the A5soeiation aTe eithcr. Unrestricted gencral fijnds: these are fi￿d$ which can be used in aecordancc with the chJritable objects ai the discretion of tbe Trusiees. or Restricted funds: th¢5e are fi￿dS thal onty be used for panicular rE5tricled purposes within the objects of the Association. Rebtrictions arise when specified by the donor or when funds are rdised for particular Tesiricied purposes. P¢Dslon tontrlbutions Sutton Coldfield Young M¢n's Christian Associalion parricipale8 in a mulii-employer pension plan for employees of YMCAS in Englan& Scotland and Wales. which was c105ed to new m¢mb¢rs and accruals on 30 April 2(x)7. Th¢ plan's actuary has advised thai ii is noi possible to separately identify the Assets liabiliti¢s relating to the ASSOCiOlion. As described ID lloie 14 Sutton Coldfield Young Men's Christian A5so¢ialion has a conuactuaf obligation io make pension deficit payments of £10.02? per annum over ihe period to April ?027, acLordin¥5)' tbis is.slioivn as a liability in noie 14 10 these a¢counES. In addttion. Sullon Coldfield Young Men's Chrisrian As5ociaiion is required to onthbuie £3.136 per annum to the operaiing expenses ot ihe Pension Plan and Ihese cus15 are ihar8ed io the Siaieiii¢nt of Financial Activities as made. The As5o¢iation also mak¢s ¢ontributions under stakeholder p¢nsion arrangements for some members of staff. The defined contributions payable Lre charged ￿ the Ststement of Financial Activities In the period to whicb they relde. Fltt*n¢lal Instruments 'Ih¢ charity only has fmallcial wets and financial liabillties of a kind that qualify as basie fman¢ial instruments. Basic fmancial instruments are inilialty reco8nised at tratwtioD value and subsequently measur¢d at their fatr value. 15 LD YOUNG MEN'S CHRIStIAN ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS For the year eoded 31 Marcb 2025 COME Unrejtrlcted FuDd R&strleted rund$ Tot#l funds 2025 Total funds 2024 Donations #nd irgnts C¢)mic Relief Other 6.693 6,693 19,989 83,674 17,208 19.989 19,989 6,693 26,682 I IKI.882 2024 17.208 83,674 100,882 Unrestrlcted Fund Restricted fuadg Total funds 2013 Total fuods 2024 Charltable aetlvltles Donalions and grants.. Forward Carers (UpbeaLIRelease) Birmingham City Council - Shon Breaks Euro Solidartty Corps BFSS Release Baron Davenport-re Youth Club BCC-Play trail Streel8ames-HAF funding. I'A WS- podL&si fundin8 Healih Exchang¢-Spon Eng Together Fund Lollery-Aivards for all LotteTr-Re&ching Communliles Surron Coldfield Cl)aritable TNst-re L(*e roof Age Concem-NNS drame group Turner Tnts(-Release Austin & Hope Pilkington Trust-HousiD¥ Saintbury Trust-drama Ow¢n Trust Royal Sutton Coldfield Town cO￿n¢11-drama group BAily Thomas-disability capital adjustments Cloihivorkers. Joy Scoii-Thompson, CEO of the Association. is a parther in ihe organisation Oliv¢ Blanch 2. LO w&5 owing its Olive Branch ? ai 31 March 20?5 (2024: £0). Othenvise. the TntsleL$ are not aware of any other related party transaciions requiring disclosure. 18 OUNG MEN'S CHRISTIAN ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS For Ihe year eoded 31 Mareh 21125 FIXED ASSETS Furnitu Fixture5 & FittlDgs Frttbold Property Computer Equlpment Motor I'ehicles Total Cost or v#l•ation At l April 2024 AdditioDS Disposals Revaluation 2.765.1]IKI 200.935 45,673 52,498 42,3S 3,060.823 45,673 185,(100) (85.000) At 31 hqarch 2025 2.680,iN)O 24&608 51498 42J90 3,021.496 Dopre¢thiioa Ai l April 2024 CbaT8¢ for the yeor Eliminated on disposa15 152,858 15,159 52,498 ?8,311 4,928 233.667 20.087 Al 31 March 202) 168,017 52,498 239 253,754 Nel book Amounts At 31 Marcb 2025 2,680,OIN) 78,591 9.151 1767,742 At31 m￿2024 2,765.OiXJ 48,077 14.079 2287,157 All tangible r￿ed assets are US￿ foT direct chaTitsble purposes. Tl)e fre¢hold propety ai George Williams House wa5 re-valued by Chivers comme￿Ial. Propeny Consultants. oa ioth March 2025 ai open marker value willi *acant possession. The freehold propertv at Si Pders Close was ￿-vaIlled by Chivers Commercial, Prnp¢rty Consults￿1$, l Ot1> March ?025. at open marker value witli vacanl possession. The histori¢ cost of the freebold property aud Det book amount a131 March 2025 is £1,455.006 (2024.. £1.455.6Q6). Tangible r￿ed ￿Sets with a book value of£2.450.1)0012024'. £2.450.￿)0)￿Sve been pledged as security for liabilities of the charity. DEBTORS 2025 2024 Trnde debtors Value added re¢ov¢rabl¢ Pr¢pa)ryn¢nls Accrued income Rent owed 62.724 4.051 18,072 6,101 IOJ93 10,656 7.213 6&144 92,060 19 YOUNG MEN'S CHRISTIAN ASSOCIATION NOTES TO THE FINANCIAL STA TEMENTS For tbe y￿r ended 3J Iklaroh 202S cRED￿oR5. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank loans (Secured) Trnde creditors Socittl security and other taxes Accruals Deferred incorn¢ Other creditors 16,819 13,409 9,987 11,845 6.101 61,929 8,055 6,890 15.991 23,358 297 58J09 116.520 2024 2024 R¢sour¢es deferred in the period 23,358 CREDITORS.. AMOUNTS FALLING DUF A￿ER MORE THAN ONE YEAR 2025 2024 Secured bank loan5- 2-5 y¢ws Secured bank loans - more than 5 ye8TS by instaiments 6,879 6.879 I O. SECURED DEBTS The iotal secured liabÉlities for the year were £16,819 {2024: £68,808). The bank loan is sKured by the way of a Firsr Legal Charge over tbe Association's freehold property, George Williams House. A Second Legal Ch8rge over the Association's frLehold propen>', Cieorge Williams House, togcther with a r￿ed charge over other assets, is held by lh¢ Sutton Coldfield Charitable TnLSt in r¢spect of a grant of £666,910 iowurds r¢furbishmeni and improvement ofthe premise5 ar George William5 House. The bank loans And Olher108n$ Are secured by way of a fix¢d and floatin8 charge over#ll property or undertaking both presenr and fuiure of thc ¢ornpafty. The interest is applied * a Tare of 5.th above base per annurn. 11. CONTINGENT LtABILITY In r￿pect of the grant ot'£666,910 received from the Suiion Coldfield C.hariiable TTUK f¢i¢rred to in notc 10. there is a contingent liability to r¢pay the ￿an1 or a propor(ion ol the grnnt if. withiii len YLI￿S. th¢ Assuciaiion disposes 4)f Ihc property or grants a lease of the whole or 5ubsianlially Ihe whole for A ienn ol five ve2rs or niore, or the property eeases io be us¢d by the Associaiion for cliaritable purpo￿$. Ai 31 Mareh ?025 the liabiliiy iyould be £0 (2024: £66.691 }. how'ever the trusiees have Indicated thal the Association no inieniion of ceasing to use the PTop¢rty in the foreseeable fuiure. 20 NG MEN'S CHRISTIAN ASSOCIA TIQN NOTES TO THE FINANCIAL STATEMENTS For tbe year ended 31 March 2025 12. FUNDS Openlog balanee Incomlng resotsrces Outgoing Trnosfers & Closing balance resources other rccognised iTrsI losses Unrestrieted fuDd$: General 1245J45 688,776 (n7,869) (84879) lJll,473 Restrieled CapilAI funds Sutton Coldfield Charitable Trust Percy Billon Th￿.neW kniler S¢t¢wfJx Foundation-new boiler Bernard Sunley Tn￿t-neW boiler Midlands Co-op-new flooring BCC-CW(i ouidoor equipt BCC-Pla}I rrajl Clothworkers Comic Relicf-Lodge relljrb 66l910 666,910 3J20 (1067) 2,000 19,949 99,193 9.519 2,000 I40(￿} 833 {2.1)￿} (15.795) (90.927) (4J￿} 4,969 10,0 io, {io.th)} (io,(wo) 400 IS(NJO &601 TolTdl Ratrfcted Other Funds 120&796 37&471 (355.803) 19223) 1222,231 Total R¢strkt¢d Funds ,903.778 411371 (377,049) (121) ,93&179 Total FuDds J149J23 I,IOOJ47 (914918) (8i,1110) 3J49,752 21 SUTTON COLDFIELD YOUNG MEN'S CHRISTIAN ASSOCIA TION NOTES TO THE FINANCIAL STATEMEJWTS For the year ended 31 Mar¢b 202S CApit81 fuDd The unexpired balance on the grant frDm the Suiion Coldfield Chari¢abl¢ Trust is a grant received by 31 m￿11 2016 towards the improven)eni and refurbisbment of premises at George Williams House wbich ha5 been capitslised as addilions lo freehold property. Other fund5 The propety filnds consist of. (i) A surplus ot£366,468 arising on the disposal of pr¢viously held frL'ehold propcrti¢s ai High Streei and Jockey Roa.034 1916.528 1245J45 694982 124795 3.149J22 25