2022-03-31-accounts

Trustees			J Oakley, Chair 0 Balogun, Trustee	J Oakley, Chair 0 Balogun, Trustee
			G England, Trustee
			M Fussell, Trustee (appointed			17November 2021)
			R Hill, Trustee (retired 25 March 2022)
			J Rowe, Trustee (appointed		17November 2021)
			J Sargeant, Trustee (appointed			7 June 2022)
			M Shenton, Trustee (appointed			17November 2021)
			G Stonyer, Trustee
			P Tomlinson, Trustee
			P Walker, Trustee
			A Walsh, Trustee
			J Welsby, Trustee
Company	registered
number			03012233
Charity registered
number			1043739
Registered		office	YMCA, Tramway	Drive
			Wolverhampton
			West Midlands
			WV2 1BJ
Company	secretary		Stephen Clay
Chief executive officer			Stephen Clay
Independent		auditors	WR Partners
			Chartered Accountants
			Statutory Auditors
			Belmont House
			Shrewsbury Business Park
			Shrews bury
			Shropshire
			SY26LG
Bankers			Unity Trust Bank Pic
			Four Brindley Place
			Birmingham
			B12JB
Internal	auditor		TIAA Limited
			Artillery House
			Fort Fareham
			Newgate Lane
			Fareham
			PO14 1AH

REFERENCE AND ADMINISTRATIVE DETAILS OF	REFERENCE AND ADMINISTRATIVE DETAILS OF	REFERENCE AND ADMINISTRATIVE DETAILS OF	THE CHARITY, ITSTRUSTEES AND ADVISERS
	(CONTINUED)
	FOR THE YEAR ENDED 31 MARCH 2022
Chief officer team	Stephen Clay- Chief Executive Officer
	Jill Law - Chief Corporate	Officer
	Sally Cowen - Chief Operations Officer (Places)
	Jo Goldie - Chief Operations		Officer (Progammes)
Solicitors	Irwin Mitchell
	31Temple Street
	Birmingham
	B25DB
	Wright Hassall
	Olympus Avenue
	Leamington Spa
	CV34 6BF
	MFG Solcitors
	Padmore House
	Hall Court
	Hall Park Way
	Overdale
	Telford
	TF34LX

Pro rammes for	Pro rammes for	Pro rammes for	Peo le	Peo le
Our development			programmes covered a range ofservice areas including learning and skills, health 8		wellbeing,
family work and support				and advice programmes. Three nursery settings received Ofsted inspections	during the
year, at	Greets Green,			Sandwell, Carters Green, Sandwell and Smail Street, Walsall. Each received		GOOD
grading,	with	areas ofOUTSTANDING practise.
=Community Outreaii ~.			— --'-':, =,:,=."-,:=„~
Wolverhampton-				The Adult Learning Contract has continued to be delivered at City
Wide				Gateway focussing on Literacy, numeracy and essential digital skills. The
				team oftutors have delivered over 60sessions and supported 22
				individuals to access learning opportunities.
				Throughout 2021/2022 YMCA has operated as a gateway for Kickstart
				placements, both in our own settings and also facilitating placernents
				with two ofour partner organisations. This programme focusses on
				providing young people aged 16-24with supported job placements of25
				hours per week. We have delivered 12successful placements for young
				people in a variety ofdepartments including, administration, customer
				services, facilitates, nurseries and retail.
Staffordshire				The RAF Airplay contract began in January 2022. This has seen the
Borders				youth work teams from RAF Cosford (Wolverhampton) and RAF
				Shawbury (Shrewsbury) being transferred to YMCA Black Country Group
				and the delivery ofthe youth work services for these bases being added
				to our youth work portfolio. The contract is in its infancy with a
				transitional period being expected. That being said, delivery at RAF
				Cosford is very structured and regular with very good attendance. RAF
				Shawbury is a smaller base and will take some more time for the
				changes to be embedded.

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
	Note	2022 K	2022 f	2022f	2021
Income from:
Donations and legacies			5,837	5,837	45,818
Charitable activities		29,527	2,583,065	2,612,592	2,087,520
Service charges for social welfare
income		154,476	99,599	254,075	193,203
Total income		184,003	2,688,501	2,872,504	2,326,541
Expenditure on:
Charitable activities	7,8	192,122	2,912,844	3,104,966	2,184,788
Total expenditure		192,122	2,912,844	3,104,966	2,184,788
Net (expenditure)/income		(8,119)	(224,343)	(232,452)	141,753
Transfers between funds	16	8,119	(8,119)
Net movement in funds			(232,462)	(232,462)	141,753
Reconciliation offunds:
Total funds brought forward			1,974,716	1,974,716	1,832,963
Net movement in funds			(232,462)	(232,462)	141,753
Total funds carried forward			1,?42,254	1,742,254	1,974,716

					2022	2021
				Note	E
Cash flows from operating	activities
Net cash used in operating	activities			18	1,048,080	(793,733)
Cash flows from investing	activities
Purchase oftangible fixed assets					(206,338)	(54,060)
Net cash used in investing	activities				(206,338)	(54,060)
Change in cash and cash	equivalents	in	the year		841,742	(847,793)
Cash and cash equivalents	at the beginning		ofthe year		1,144,168	1,991,961
Cash and cash equivalents	atthe end	of	the year	19	1,985,910	1,144,168
The notes on pages 23to 37form part ofthese financial statements

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
		F	E
Donations		5,837	5,837	500
Grants				45,318
Total 2022		5,837	5,837	45,818
Total 2021	4,500	41,318	45,818

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
			E	F	E
CGL (formerly		CRI)		70,756	70,756
Early Years				728,204	728,204	287,493
Other Grants				224	224	1,110
HB - Badger				527,958	527,958	528,046
Government	Grants		29,527	852,567	882,094	831,310
Wolverhampton		City Council		344,931	344,931	324,313
Inter-entity	rent			58,425	58,425	115,248
Total 2022			29,527	2,583,065	2,512,592	2,087,520
Total 2021				2,087,520	2,087,520

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2022	2022	2022	2021
		E
Service	charges for social welfare income	154,476	95,065	249,541	81,557
Furlough	income		4,534	4,534	111,646
Total 2022		154,476	99,599	254,075	193,203
Total 2021			193203	193203

Direct Costs
				Social
			Supported	Welfare		Total	Total
			Housing	Activities	Other	2022	2021
				R
People Related			21,135	39,055	185	60,375	19,163
Direct Activity Costs			28,753	70,247	48	99,048	132,473
Bad Debt			16,121	2,863		18,984	22,999
Depreciation			6,465	4,935	41,301	52,701	69,927
Travel Costs			940	1,758	1,651	4,349	1,165
Premises Costs			210,428	113,116	109,299	432,843	381,885
Outsourced Services			185,081	50,664	7,115	242,859	218,773
Wages and Salaries			167,869	1,224,276	14,355	1,406,499	975,513
National Insurance			10,937	62,355	777	74,069	51,164
Pension Cost			4,108	20,914		25,021	22,236
Funding 8 transaction		costs	1,600	3,842	150	5,592
Group Recharges			37,600	116,264		153,864
Once Costs			8,912	14,663	12,363	35,938
Other Operating	Overhead		13,449	100,347	14,889	128,685
			713,397	1,825,297	202,133	2,740,827	1,895,298
Total 2021			696,257	1,046,860	152,181	1,895,298

8.	Support Costs
				Social
			Supported	Welfare		Tota I	Total
			Housing	Activities F	Other	2022 f	2021 E
	Central Services and	Other Costs	110,074	254,065	-	364,139	289,490
	Total 2021		109,004	180,486	-	289,490
9.	Net income/{expenditure)
	This is stated after charging:
						2022	2021
						E
	Depreciation oftangible	fixed assets:
	-owned by the charity					52,701	69,927
	Auditors remuneration	- audit				5,550	5,300
	Auditors remuneration	- accounts				1,250	1,250
	Operating lease rentals					147,309	173,500
						206,810	249,977
10.	Staff costs
						2022f	2021
	Wages and salaries					1,406,499	975,513
	Social security costs					74,069	51,164
	Contribution to defined	contribution	pension schemes			25,021	22,236
						1,505,589	1,048,913

			2022	2021
			No.	No.
Management	8	admin	5	5
Other			92	67
Housing			15	15
			112	87

				Fixtures			Other
			Leasehold	and	Office	Computer	fixed
			improvements	fittings	equipment	equipment	assets	Total
					F
	Cost or valuation
	At 1 April 2021		541,297	399,748	2,800	52,272	49,964	1,046,081
	Additions		9,363	27,409		3,271	166,295	206,338
	Disposals		(485,228)	(366,605)	(2,800)	(52,272)	44,055	(862,850)
	At 31 March 2022		65„432	60,552		3,271	260,314	389,569
	Depreciation
	At 1 April 2021		490,995	342,840	2,800	51,856		888,491
	Charge for the	year	43,161	8,904		636		52,701
	On disposals		(488,850)	(321,605)	(2,800)	(51,856)	2,261	(862,850)
	At 31 March 2022		45,306	30,139		636	2,261	78,342
	Net book value
	At 31 March 2022		20,126	30,413		2,635	258,053	311,227
	At 31March 2021		50,302	56,908		416	49,964	157,590
13.	Stocks
							2022	2021
	Raw materials	and	consumables				238	238

		2022	2021
		E
Due within one year
Trade debtors		65,813	67,535
Amounts owed by group undertakings			666,953
Other debtors		13,097
Prepayments	and accrued income	44,145	39,814
		123,055	774,302

		2022	2021
		F
Trade creditors		44,254	29,692
Amounts owed to group undertakings		454,457
Other taxation and social security		24,440	3,802
Other creditors		13,708	5,712
Accruals and deferred	income	141,317	62,376
		678,176	101,582

Statement offunds	- current	year
						Balance at
		Balance at 1			Transfers	31 March
		April 2021	Income	Expenditure	inlout	2022
		E	F	f.		F
Unrestricted funds
Designated funds
Childcare Assets		904,967			(158,754)	746,213
General funds
General Funds - all	funds	1,069,749	2,688,501	(2,912,844)	150,635	996,041
Total Unrestricted	funds	1,974,716	2,688,501	(2,912,844)	(8,119)	1,742,254
Restricted funds
Restricted Funds -	all funds		184,003	(192,122)	8,119
Total offunds		1,974,716	2,872,504	(3,104,966)		1,742,254

Statement offunds	(continued)
Statement offunds	- prior year
							Balance at
		Balance at				Transfers	31March
		1April 2020		Income	Expenditure	inlout	2021
Unrestricted funds
Designated funds
Designated Funds -	all funds		5,000			(5,000)
Childcare Assets						904,967	904,967
			5,000			899,967	904,967
General funds
General Funds - all	funds	1,827,963		2,322,041	(2,180,288)	(899,967)	1,069,749
Total Unrestricted	funds	1,832,963		2,322,04'I	(2,180,288)		1,974,716
Restricted funds
Sandwell Mentors				4,500	(4,500)
Total offunds		1,832,963		2,326,541	(2,184,788)		1,974,716

					Unrestricted	Total
					funds	funds
					2022	2022
Tangible	fixed	assets			311,227	311,227
Current	assets				2,109,203	2,109,203
Creditors	due	within	one	year	(678,176)	(678,176)
Total					1,742,254	1,742,254

Analysis	ofn	et asse	ts	between funds -prior year
					Unrestricted	Total
					funds	funds
					2021	2021
Tangible	fixed	assets			157,590	157,590
Current	assets				1,918,708	1,918,708
Creditors	due	within	one	year	(101,582)	(101,582)
Total					1,974, 7'/6	1,974,716

											2022	2021
Net income/expenditure		for	the	year	(as		per	Statement	of	Financial
Activities)											(232,462)	141,753
Adjustments for:
Depreciation charges											52,701	69,927
Decrease/(increase)	in	debtors									651,247	(535,287)
Increase/(decrease)	in	creditors									576,594	(470,126)
Net cash provided	by/(used		in)	operating		activities					1,048,080	(793,733)

			2022	2021
			E
Not later than		1 year	66,400	192,400
Later than	1 year and not later than 5years		117,433	94,391
Later than	5years		303,413	148,500
			487,246	435,291