## ## ## |Contents||||Page No| |---|---|---|---|---| |Legal and Administrative
Details||||| |Board Report||||2 —14| |Statement of|Corporate|Governance|and Internal Controls|15| |Independent|Auditor's|Report||16- 18| |Statement of|Comprehensive
Income||and Retained Earnings|19| |Statement of|Financial|Position||2II| |Statement of|Cash Flows|||21| |Notes to the Financial||Statements||22-31| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |In Communi|In Communi|Service|Service||Positive|Outcomes||||| |---|---|---|---|---|---|---|---|---|---|---| |Inde|ndent|Livin|Service|||||||| |Families and||Coinmunity||Work|Our Families and Communities||Work|has been facilitated|through|several| ||||||different|delivery services throughout||the pandemic||| ||||||~|26 food parcels weekly for 6weeks||||| ||||||~|52 half tenn packages||||| ||||||~|100hot water bottles||||| ||||||~|Christmas
hampers||||| ||||||~|52 food vouchers||||| ||||||~|52 toy deliveries||||| ||||||~|18nappies and baby milk||||| ||||||~|42 houses easter eggs||||| ## |Housing
and Support|Housing
and Support|Housing
and Support|Housing
and Support|Number|of|Number of|Positive Outcomes|Positive Outcomes||| |---|---|---|---|---|---|---|---|---|---|---| |Scrvicc||||Scrvicc|Users|Service Users||||| |||||that moved in,||that moved out||||| |||||in the last||in the last||||| |||||annum||annum||||| |Gresty Road: Generic||||76||84|79%moved out in a positive and planned|||way| |and Foyer|Service||||||37%moved into their own accoinmodation,|||either into private or| ||||||||social housing
on a secure tenancy.|||| ||||||||~|7 residents|going into volunteering|| ||||||||~|2l residents|went into employment|| ||||||||~|9residents|went into formal education|| |Emergency||||19||20|95%moved out in a||positive way|| |Acconimodation|||for|||||||| |t6/t7-year-olds,||HRS||||||||| |16+scrvice||||||||||| |commissioned||by||||||||| |Children's|Social||Care|||||||| ## ## ## ## ## ## ## ## ## ## ## ||||YMCA Crewe||||YMCA St Helens| |---|---|---|---|---|---|---|---| ||||2019-20|2020-2021||2021-22|2020-2021| ||||Actual|Tar et|Actual|Tsr et|| |Re-!nvcstinent|||0,1%|0,0%|I 2%|P.P%|2.4%| |Ncw Supply delivered|- social housing||P.P%|P.P%|0.0%|2.9%|0.0%| |Nmv Supply delivered|-non-social|housing|0.0%|0,0%|P P%|P,P%|0.0%| |Gearing|||-11.2%|-125%|-11.7%|-16.3%|11.2%| |EBITDA-MRI Interest|Cover||3,105,3%|276.0%|2,030.2%|I 468.2%|1866.7%| |Headline
social housing|cost per unit||$13,363|88,701|89,065|88,701|810,522| |Operating
margin (social housing||units)|15.5%|8.3%|14.7%|146%|12.9%| |Operating
margin (overall)|||I I 6%|-2.8%|6.9%|4.5%|9.2%| |Rctum ofcapital employed (ROCE)|||4.3%|-0.6%|1.9%|1,2%|2,0%| ## ## |||0
ratin
Su|lus||||f|112 167| |---|---|---|---|---|---|---|---|---| |||Share of0 cretin||Su|lus in Joint Ventures ofAssociates|||| |Dlaided|by|||||||| |||Total Assets|Less|Current||Liabilities|J|5,933,823| |||RPCE %|||||19%|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|2021|2020| |---|---|---|---|---|---|---| |Turnover|||||1,623,872|2,191,6&3| |Operating|expenditure|||||~I9
I| |Operating|surplus||||112,167|254,032| |Interest payable
and financing|||costs||8
35|~94| |Total surplus for||the year and total comprchcnsivc|||103,732|244,378| |income||||||| |Rctaincd earnings||at the start ofthe year|||869896|62255 8| |Rctaincd|earnings|at the end|ofthe year|||| ||||||2021|2020| |---|---|---|---|---|---|---| ||||||g|| |Net
cash
generated
from
operating|||activities|(see||| |note below)|||||184&756|297,829| |Cash flow I'rom investing|activities|||||| |Purchase oftangible
fixed|assets|||||~2| ||||||(141,798)|(37,242)| |Cash flow from flnancing|activities|||||| |Interest paid
Repayment ofborrowings|||||(3,125)
~322|(3,882)
~5619| ||||||(9,447)|(9,501)| |Net change
in cash and cash equivalents|||||33)511|251,086| |Cash and cash equivalents|at beginning||oftbe year||~688798|4~37712| |Cash and cash equivalents|at end oftbe year|||||| |Cash flow from operating|activities||||2021|2020| ||||||8|8| |Surplus for the year
Adjustments
for non-cash|items:||||103,732|244,378| |Depreciation
ofhousing
properties
Depreciation ofother fixed assets
Amortisation
ofGovernment
grants
(Increase) in trade and other debtors
Increase
in trade and other creditors
Adjustment
for Investing or flnanclng||activities:|||161,969
4530$ (139,664)
23,813
(18,787)|155,620
34,983
(139,664)
(12,231)
5,0&9| |Interest payable||||||~64| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|||2020||| |---|---|---|---|---|---|---|---|---|---|---| |Turnover
and|Notes|||Turnover|Operating
Expenditure|Surplus/
(Deficit)f|Turnover|Operating
Expenditure||Surplus/
(Deficit)
8| |expenditure
from lettlngs||||||||||| |Special needs
accommodation||3||1,026,341|(875,635)|150,706|1,650,070|(1,393,774)||256,296| |Other turnover
and||||||||||| |expenditure||||||||||| |CIRS Income
Other incoine||||54,781
~750
~3872|(69,977)
~5660
~05|(15,196)
L22)
)32J62|~53
~2|543 87
~||~254| |3.
Turnover
from|Icttlngs|||||||||| ||||||||2021||2020|| |Rents receivable
net ofvoids
Amortisation
ofgovernment
grants
Supporting
People Contract Income||||||1,026,341
139,664||1,154,622
139,664
~355 78||| |||||||||~165||7| |Rent losses from|voids||||||3 55|||522| |4.
Interest payable|and similar||charges|||||||| ||||||||2021|||2020| |On bank loans payable
ivholly|||or|||||||| |partly
in morc than five years|||by|||||||| |instalments
Umvinding
ofYMCA pension|||||||3,125||3,882|| |liability
discount|||||||5 310||5 772|| ## |5,|Stafl'||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| |||||||||Number|Number| ||The average number of||persons employed||during|the year|||| ||including
the Chief|Executive Officer expressed||||in lbll time|||| ||equivalents
was (based||on a40 hour week):||||||| |||||||||2021|2020| ||Staff costs for thc above||||||||| ||Wages and salaries|||||||697,802|1,046,991| ||Social security costs|||||||54,900|84,497| ||Other pension costs|||||||14537|21 083| |||||||||67239|| ||No full time equivalent||staff were|paid remuneration|||ofover X60,000.||| |6.|Directors' emoluments|and key management|||personnel||||| |||||||||2021|2020| ||Total key management||personnel|remuneration||||f.|| ||Einoluments|||||||57,346|53,447| ||Employer's
pension|contributions||||||1,504|1,403| ||Employers
national|insurance
contributions||||||~507|5 264| ||||||||||60 135| ||The emoluments
paid to||the highest|paid Director||(Chief|||| ||Ex«cutive)||||||||| ||(excluding pension
contributions)|||||||%336|~53| ## |No emoluments
were p|aid|during
the year to any member ofthe B|during
the year to any member ofthe B|oard ofTrus|tees (2020:XNi|l).| |---|---|---|---|---|---|---| |The Board ofTrustees|did|not receive any expenses to reimburse||for travelling|costs incurred|on behalf of| |thc Association (2020:|KNII).|||||| |Surplus
on ordinary
activities||||||| |Surplus
on ordinaty
activities||is|stated ager charging/(crediting):|||| ||||||2021|2020| |||||||g| |Auditors
remuneration|(excluding VAT)||||8,600|6,200| |Operating
lease charges|||||14,475|52,824| |Depreciation
ofhousing|properties|||161,969||155,620| |Depreciation ofother fixed||assets||45,208||34,983| |Amortisation
ofgovernment|||grants|||| ## ## ## |||||||Hostel|||| |---|---|---|---|---|---|---|---|---|---| ||||Housing
Properties||Computer
Equipment|Fixtures
and Fittings|Motor
Vehicles|Gym
Equipment|Total
fixed
assets| ||Cost||||||||| ||At
1 April 2020
Additions||7,077,942
65 916||212,506
35 973|439,725
28 865|27,388
11044|43,824|7,801,385
141 798| ||At 31March 2021||||||||| ||Depreciation||||||||| ||At
1 April 2020||1,616,636||186,641|378,928|24,246|28,676|2,235,127| ||Charge for year|||161969|15459|22416|3 546|3.787|207 177| ||At 31 March 2021||||||||| ||Net book value||||||||| ||At 31 March 2021||||||||| ||At 31 March 2020||~~30||||||~62| ||Housing propeities|comprises:|||||||| ||Freehold
land and buildings||||||||| |10.|Debtors||||||||| |||||||||2021|2020| ||Rent arrears|||||||97,482|107,763| ||Provision for bad debts|||||||~37380|~49 197| ||Net rent arrears|||||||60,102|58,566| ||Prepayments
and accrued income|||||||12388|37737| |11.|Creditors:||||||||| ||Amounts
falling due within one year.||||||||| |||||||||2021|2020| ||Bank loan|||||||6,814|6,211| ||Trade creditors
Rents in advance
Social security and|other taxes||||||9,056
1,746
18,553|9,662
1,547
25,574| ||Accruals
and deferred income|||||||157,270|194,156| ||Pension agi'cement
plan (note 13)
Defeired capital grant (note 14)|||||||28,752
139664|27,581
139664| ## |Creditors:||||| |---|---|---|---|---| |Amounts
falling|due aRer more than one year:|||| |||2021||2020| |||||E| |Bank loan
Pension agreement
plan (note 13)
Deferred capital grant (note 14)||66.334
179,130
~471
731|i|73,259
149,414
~854 9| ## ## |Notes|to thc Financial Statements||| |---|---|---|---| |For the Year Ended 31 March 2021|||| |14.|Dcfcrrcd capital grant||| |||2021|7020| ||As at
I April
Released to income
in the year|4,994,059|5,133,723
9| ||As at 31 March|395|| |||2021|2020f| ||Due within
one year
Due within
two to five years
Due in over live years|139,664
558,656
4~65|139,664
558,656
~4295739| |15.|Reserves||| ## ## ## ||The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|The Association
holds oNce equipment
under non-cancellable
operating
Association
had commitments
oftotal future minimum
lease payments
as|leases. At the end ol' the year the
follows:-|leases. At the end ol' the year the
follows:-| |---|---|---|---|---|---|---|---|---|---| |||||||||2021f|2020| ||Expiring;||||||||| ||Not later than one year|||||||5,955|52,824| ||Later than one year and not later than|||five years||||~1500|| |18,|Units/Bedspaces||||||||| |||||||||2021|2020| |||||||||Number|Number| ||Under management|at cnd ofthc|year||||||| ||Supported
hostel accommodation||||||||| |19.|Grant and llnancial|assistance|||||||| ||Tho total accumulated|government|grant and financial||assistance received at 31 March:||||| |||||||||2021|2020| |||||||||f,|f.| ||Held as deferred grant
Recognised as income
Recognised
as Income|—housing
in Statement
in Statement|ofComprehensive
ofComprehensive||income —housing
Income —other|||4,854,395
1,240,164
~25
5|4,994,059
1,100,500
~561| |||||||||~6120|| ## |Analysis ofchanges|ln net debt|||||| |---|---|---|---|---|---|---| |||At I||Other||At 31| |||April|Cash|non-cash||March| |||2020|llows|changes|',|2021| |Cash at bank||688,798|33,511|||722,309| |Loans Due in One Year||(6,211)|(603)|||(6,814)| |LoansDueARerOne|Year|(73,259)|6,814|||(66,334)| |||609,328|256,705|||609,328|