## **Trustees' Annual Report for the period** 

Period start date Period end date Day Month Year Day Month Year **From** 01 April 2023 **To** 31 March 2024 

## Section A                        Reference and administration details 

**Charity name** 

**YMCA Central and Anglia Trust Fund** 

**Other names charity is known by** 

|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year **|**Name of person (or body) entitled**<br>**to appoint trustee (ifany)**|
|---|---|---|---|
|James David Jenkinson|Chair|||
|Peter Frederick Posner||||
|Oliver Charles||||
|Paul Bryan Kerridge||||
|Eric Stanley Moore||||
|Richard Pennington||||
|Wendy Williamson||||
|||||
|9||||
|10||||
|11||||
|12||||
|13||||
|14||||
|15||||
|16||||
|17||||
|18||||
|19||||
|20<br>~~ae~~|~~ae~~|~~ae~~|~~ae~~|



## **Names of the charity trustees who manage the charity** 

**Names of the trustees for the charity, if any, (for example, any custodian trustees)** 

**Name Dates acted if not for whole year** 

**TAR** 

1 



## **Names and addresses of advisers (Optional information)** 

|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**<br>**Name**<br>**Address**|||
|**Independent**<br>**Chartered Accountant**|Cound & Co LLP|1 Princes Court<br>Royal Way<br>Loughborough<br>Leics LE11 5XR|
|**Independent**<br>**Financial Advisors**|Angell Mallinder Ltd|6 High Street, Barrow-upon-Soar, Leicestershire,<br>LE12 8PY|
||||
||||



## **Name of chief executive or names of senior staff members (Optional information)** 

N/A 

## **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Trust Deed Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Appointment by member YMCAs Trustee selection methods 

(eg. appointed by, elected by) 

## **Additional governance issues (Optional information)** 

You **may choose** to include additional information, where relevant, about: 

All Trustees are appointed from within the wider YMCA Movement in Central England and East Anglia. 

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them. 

**TAR** 

2 



**Section C                    Objectives and activities** 

The Trustees of the YMCA Central and Anglia Trust Fund consider applications to the Fund for grants for charitable work carried out by **Summary of the objects of the** individuals connected to any local YMCA in the Central Region of YMCAs **charity set out in its** or the Regional Committee of the Central Region of YMCAs, which **governing document** includes YMCAs in East Anglia. 

The fund provides assistance to young people connected with a YMCA in the YMCA Central and Anglia regions, and usually under the age of 30, **Summary of the main** to enable them to take part in one or more of the following activities that **activities undertaken for the** they otherwise would not be able to afford: **public benefit in relation to these objects (include within** • Training in skills or knowledge directly related to their academic or **this section the statutory** life-skills needs, including governance, leadership, adventure **declaration that trustees have** training or camp experiences • **had regard to the guidance** In furtherance of a Christian spiritual experience **issued by the Charity** • An international experience **Commission on public benefit)** These activities are expected to help develop the young person in body, mind and spirit so that they can make a more positive contribution to their own development and their local communities. 

- Training in skills or knowledge directly related to their academic or life-skills needs, including governance, leadership, adventure training or camp experiences 

## **Additional details of objectives and activities (Optional information)** 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

These grants will usually cover up to a maximum of 90% of the cost of the activity, with the balance to be raised either by the individual and/or their supporting YMCA. 

- policy programme related investment; 

- contribution made by volunteers. 

## Section D                      Achievements and performance 

**Summary of the main achievements of the charity during the year** 

The charity aims to grant up to approximately £13,000 per year in grant bursaries, usually in amounts of up to £1,000 per bursary.  This has been increasingly difficult as many member YMCAs consider the administration needed for a grant of up to £1,000 unnecessarily burdensome. As a consequence of obtaining this feedback through consultation with the member YMCAs the trustees have created a significant project to support all YMCAs within the area of benefit, and to create a template for the wider YMCA Movement in England & Wales to adopt. This will recruit and train young people to become active participants as trustees on the Boards of their YMCAs. There are currently 3% out of 151 trustees who are under 30 years old in the sample area and the trustees expect that their project will make a significant impact on this demographic. In the year ended 31/3/2023 the trustees have defined the project and begun the process of working with One YMCA to act as the delivery partner. 

**TAR** 

3 



Section D                      Achievements and erformance p One YMCA have now delivered one year of the planned programme and the trust has made two stage payments, each of £30,000 for the work that has been completed. A review of the first year is now complete and the actions that are outcomes are being implemented before the second intake of young people takes place. 

## **Section E                    Financial review** 

The charity keeps sufficient cash funds to cover 12 months’ outgoings. **Brief statement of the** Funds in excess of this are invested in relatively low risk, near liquid **charity’s policy on reserves** investments under the guidance of an IFA. 

**Details of any funds materially** None **in deficit** 

## **Further financial review details (Optional information)** 

The principle source of funds is donations from YMCAs in the region. The Charity has very little overheads, usually only fees to our professional advisers.  Minor refreshment expenses are paid to cover its bi-annual meetings.  Trustees are able to claim travelling expenses but generally decline to do so. 

You **may choose** to include additional information, where relevant about: 

- the charity’s principal sources of funds (including any fundraising); 

The bursaries are paid from accrued income from investments. 

- how expenditure has supported the key objectives of the charity; 

- of the charity; Apart from a working cash balance held in a bank, the balance of the 

- • investment policy and Charity’s funds are invested in low risk medium term investments, as advised by an IFA as being suitable for a Charity. 

- objectives including any ethical investment policy adopted. 

## **Section F                     Other optional information** 

## **Section G                    Declaration** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s)** Jim Jenkinson 

**TAR** 

4 



**Full name(s)** James David Jenkinson **Position (eg Secretary, Chair,** Chair **etc)** 

**Date** 30th November 2024 

**TAR** 

5 



YMCA CENTRAL AND ANGLIA TRUST FUND 

## FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2024 

Charity Registered Number: 1021110 

Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE11 5XR Tel: 01509 214163 



-1- 

## TRUSTEES 

Eric Stanley Moore Retired 2 Orchard Way Great Barr Birmingham B43 6PN Peter Frederick Posner Retired 38 Hall Farm Road Duffield Belper Derby DES6 4FS James David Jenkinson Teacher The Mitre Repton School Mitre Drive Repton DE65 6FJ Wendy Williamson Teacher 16 Birchwood Road Lichfield Staffordshire WS14 9UW Paul Kerridge Company Director Walnut Tree Farm Beil Lane Barton Mills Bury St Edmunds Suffolk IP28 6AJ Oliver Charles Solicitor 534 Uppingham Road Leicester LES 2GG Richard William Pennington Retired 2 Saxon Way Dersingham Kings Lynn PE31 6LY 



2. 

## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

- I report on the accounts of the Trust for the year ended 3! March 2024 which are set out on pages 3 to 5. 

Respective responsibilities of trustees and examiner 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 

It is my responsibility to: 

- ¢ examine the accounts under section 145 of the Charities Act: 

- ° — to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act; and 

- ¢ to state whether particular matters have come to our attention. 

## Basis of independent examiner’s report 

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. 

## Independent examiner’s statement 

In connection with my examination, no matter has come to my attention; 

- 1) which gives me reasonable cause to believe that in any material respect the requirements 

   - e to keep accounting records in accordance with section 130 of the Charities Act; and 

   - — to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charites Act 

have not been met; or 

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

D R Gradon MA FCA 

Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE1]1 SXR 

2024 



-3- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## RECEIPTS & PAYMENTS ACCOUNT - FOR THE YEAR ENDED 31 MARCH 2024 

|||2024|||2023||
|---|---|---|---|---|---|---|
|RECEIPTS|Total|General<br>Fund|Regional<br>Collaboration<br>Fund|Total<br>—|General <br>Fund<br>a|Regional<br> Collaboration<br>Fund<br>—|
|Regional Contributions<br>Bank Interest<br>Investments Income<br>Investment withdrawal<br>Legacy Received|-<br>71<br>1826<br>-<br>25789|-<br>7<br>1826<br>-<br>25789|-<br>-<br>-<br>-<br>-|857<br>67<br>1785<br>46260<br>-|-<br>67<br>1785<br>46260<br>-|857<br>-<br>-<br>-<br>-|
|Total Receipts|27684|27686|-|48969|48112|857|
||—|a|||||
|PAYMENTS|||~~||a|a|
|Direct Charitable Expenditure|||||||
|Legacy Project|60000|60000|-|-|-|-|
|Investments Income Reinvested<br>Grants|1826<br>-|1826<br>-|-<br>-|1785<br>36047|1785<br>1890|-<br>34157|
|Management& Administration Costs|||||||
|Accountancy Fees<br>BankCharges<br>Consultancy Fees<br>Fund transfer|582<br>60<br>-<br>-|582<br>60<br>-<br>-|-<br>-<br>-<br>-|564<br>82<br>4600<br>-|564<br>82<br>-<br>(48)|-<br>-<br>4600<br>48|
||62468|62486||43078|4273|38805|
|NETRECEIPTS/(PAYMENTS<br>OPENING BANKBALANCES|(34782)<br>47260|(34782)<br>47260|a<br>-|~ 5891<br>41369|43839<br>3421|(37948)<br>37948|
|CLOSINGBANKBALANCES|12478|12478|-|£47260|£47260|-|





-4- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## RECONCILIATION OF DESIGNATED FUNDS - FOR THE YEAR ENDED 31 MARCH 2024 

2024 

2023 


**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|General|Regional|Regional|
|Total|Collaboration|General|Collaboration|
|Fund|Fund|Total|Fund|Fund|
|As|at|||April 2023|£163662|£163662|-|219307|181359|37948|
|Movement|in|Receipts & Payments Account|(34782)|(34782)|-|589]|43839|(37948)|
|Increase/Decrease|in the Value of Investments|5322|$322|-|(63321)|(63321)|-|
|Investment|Income|Reinvested|1826|1826|-|1785|1785|-|
|Movement|in|Accruals|(6)|(6)|-|-|-|-|
|As At 31|March 2024|136022|136022|-|£163662|£163662|-|

**----- End of picture text -----**<br>


The Trustees administered the Regional Collaboration Fund on behalf of the Central Region as part of its development and support of YMCA activities in the region. 



-5- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024 

||2024||2023||
|---|---|---|---|---|
|INVESTMENTS|||||
|Novia General Investment Account|||||
|||124126||116978|
|||124126||116978|
|CURRENTASSETS|||||
|Bank Balances|12478||47260||
|CURRENT LIABILITIES|||||
|Accruals and Accountancy|582||576||
||||—_||
|NETCURRENTASSETS||11896||46684|
|NETASSETS||136022||163662|
|Represented by:|||||
|FUND BALANCES|||||
|General Fund<br>Regional Collaboration Fund||136022<br>-||163662<br>-|
|||136022||163662|





YMCA CENTRAL AND ANGLIA TRUST FUND 

## FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2024 

Charity Registered Number: 1021110 

Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE11 5XR Tel: 01509 214163 



-1- 

## TRUSTEES 

Eric Stanley Moore Retired 2 Orchard Way Great Barr Birmingham B43 6PN Peter Frederick Posner Retired 38 Hall Farm Road Duffield Belper Derby DES6 4FS James David Jenkinson Teacher The Mitre Repton School Mitre Drive Repton DE65 6FJ Wendy Williamson Teacher 16 Birchwood Road Lichfield Staffordshire WS14 9UW Paul Kerridge Company Director Walnut Tree Farm Beil Lane Barton Mills Bury St Edmunds Suffolk IP28 6AJ Oliver Charles Solicitor 534 Uppingham Road Leicester LES 2GG Richard William Pennington Retired 2 Saxon Way Dersingham Kings Lynn PE31 6LY 



2. 

## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

- I report on the accounts of the Trust for the year ended 3! March 2024 which are set out on pages 3 to 5. 

Respective responsibilities of trustees and examiner 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 

It is my responsibility to: 

- ¢ examine the accounts under section 145 of the Charities Act: 

- ° — to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act; and 

- ¢ to state whether particular matters have come to our attention. 

## Basis of independent examiner’s report 

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. 

## Independent examiner’s statement 

In connection with my examination, no matter has come to my attention; 

- 1) which gives me reasonable cause to believe that in any material respect the requirements 

   - e to keep accounting records in accordance with section 130 of the Charities Act; and 

   - — to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charites Act 

have not been met; or 

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

D R Gradon MA FCA 

Cound & Co LLP Chartered Accountants 1 Princes Court Royal Way Loughborough Leics LE1]1 SXR 

2024 



-3- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## RECEIPTS & PAYMENTS ACCOUNT - FOR THE YEAR ENDED 31 MARCH 2024 

|||2024|||2023||
|---|---|---|---|---|---|---|
|RECEIPTS|Total|General<br>Fund|Regional<br>Collaboration<br>Fund|Total<br>—|General <br>Fund<br>a|Regional<br> Collaboration<br>Fund<br>—|
|Regional Contributions<br>Bank Interest<br>Investments Income<br>Investment withdrawal<br>Legacy Received|-<br>71<br>1826<br>-<br>25789|-<br>7<br>1826<br>-<br>25789|-<br>-<br>-<br>-<br>-|857<br>67<br>1785<br>46260<br>-|-<br>67<br>1785<br>46260<br>-|857<br>-<br>-<br>-<br>-|
|Total Receipts|27684|27686|-|48969|48112|857|
||—|a|||||
|PAYMENTS|||~~||a|a|
|Direct Charitable Expenditure|||||||
|Legacy Project|60000|60000|-|-|-|-|
|Investments Income Reinvested<br>Grants|1826<br>-|1826<br>-|-<br>-|1785<br>36047|1785<br>1890|-<br>34157|
|Management& Administration Costs|||||||
|Accountancy Fees<br>BankCharges<br>Consultancy Fees<br>Fund transfer|582<br>60<br>-<br>-|582<br>60<br>-<br>-|-<br>-<br>-<br>-|564<br>82<br>4600<br>-|564<br>82<br>-<br>(48)|-<br>-<br>4600<br>48|
||62468|62486||43078|4273|38805|
|NETRECEIPTS/(PAYMENTS<br>OPENING BANKBALANCES|(34782)<br>47260|(34782)<br>47260|a<br>-|~ 5891<br>41369|43839<br>3421|(37948)<br>37948|
|CLOSINGBANKBALANCES|12478|12478|-|£47260|£47260|-|





-4- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## RECONCILIATION OF DESIGNATED FUNDS - FOR THE YEAR ENDED 31 MARCH 2024 

2024 

2023 


**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|General|Regional|Regional|
|Total|Collaboration|General|Collaboration|
|Fund|Fund|Total|Fund|Fund|
|As|at|||April 2023|£163662|£163662|-|219307|181359|37948|
|Movement|in|Receipts & Payments Account|(34782)|(34782)|-|589]|43839|(37948)|
|Increase/Decrease|in the Value of Investments|5322|$322|-|(63321)|(63321)|-|
|Investment|Income|Reinvested|1826|1826|-|1785|1785|-|
|Movement|in|Accruals|(6)|(6)|-|-|-|-|
|As At 31|March 2024|136022|136022|-|£163662|£163662|-|

**----- End of picture text -----**<br>


The Trustees administered the Regional Collaboration Fund on behalf of the Central Region as part of its development and support of YMCA activities in the region. 



-5- 

## YMCA CENTRAL AND ANGLIA TRUST FUND 

## STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024 

||2024||2023||
|---|---|---|---|---|
|INVESTMENTS|||||
|Novia General Investment Account|||||
|||124126||116978|
|||124126||116978|
|CURRENTASSETS|||||
|Bank Balances|12478||47260||
|CURRENT LIABILITIES|||||
|Accruals and Accountancy|582||576||
||||—_||
|NETCURRENTASSETS||11896||46684|
|NETASSETS||136022||163662|
|Represented by:|||||
|FUND BALANCES|||||
|General Fund<br>Regional Collaboration Fund||136022<br>-||163662<br>-|
|||136022||163662|