2022-03-31-accounts

			Page
Report ofthc Trustees		I	to	9
Report ofthe Independent	Auditors	10	to	12
Statement ofFinancial Activities			13
Balance Sheet			14
Notes to the Financial Statements		15	to	23

			f	or the Per	iod I Aug	ust 2021 to 31 M	arch 2022
								Period
								1.8.21
								to	Year Ended
								31.3.22	31.7.21
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	flllliis
					Notes
INCOME	AND LrNDOWMENTS			FROM
Donations	and legacies								12,906
Charitable	activities
Acadeniic	services					21,396		21,396	127,642
Investmcnt	income					408		408	612
Other income						5,125	5,085	10,210	107,536
Total						27,028	5,085	32,113	248,696
EXPENDITURE		ON
Charitable	activities
Academic	departments					32,345	2,393	34,738	98,836
Support services						19,541		19,541	156,642
Premises						1,885		1,885	227,003
Governance						15,986		15,986	13,045
Total						69,757	2,393	72,150	495,526
NET INCOME/(EXPENDITURE)						(42,729)	2,692	(40,037)	(246,830)
Othn recognised		gains/(losses)
Actuarial	gains/(losses)		on defined	benefit
schemes						62,049		62,049	(164,168)
Net movenient in		funds				19,320	2,692	22,012	(410,998)
RECONCILIATION			OF FUNDS
Total funds brought			fotnvard			772,367		772,367	1,183,365
TOTAL FUNDS		CARRIED FORWARD				791,687	2,692	794,379	772,367

					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
CURRENT ASSETS
Debtors		9	7,886		7,886	13,131
Cash at baal&			1,245,683	2,692	1,248,375	1,362,914
			1,253,569	2,692	1,256,261	1,376,045
CREDI'fORS
Amounts falling due within	one year	10	(91,536)		(91,536)	(101,517)
NET CURRENT ASSETS			1,162,033	2,692	1,164,725	1,274,528
TOTAL ASSETS LESSCURRENT
LIABILITIES			1,162,033	2,692	1,164,725	1,274,528
CREDITORS
Amounts falling due after more than one year		11	(370,346)		(370,346)	(502,161)
NET ASSETS			791,687	2,692	794,379	772,367
FUNDS		12
Unrestricted funds					791,687	772,367
Restricted funds					2,692
TOTAL FUNDS					794,379	772,367

INVKSTMKNT INCOME
		Period
		1.8,21
		to	Year Ended
		31.3.22	31.7.21
			f.
Deposit account interest		408	612
CHARITABLE ACTIVITIKS COSTS
	Direct	Support
	Costs	costs	Totals
Academic departments	34,738		34,738
Support services	19,541		19,541
Preniises	1,885		1,885
Governance		15,986	15,986i
	56,164	15,986	72,150

		Period
		1.8.21
		to	Year Ended
		31.3.22	31.7.21
			f,
Audit fees		4,800	2,560
Accountancy	fees	11,186	10,485

STAF	F COSTS
		Period
		1.8.2I
		to	Year Ended
		31.3.22	31.7.21
Wages	and salaries	59,263	192,402
Social	security costs	2,154	12,813
Other	pension costs	11,294	19,816
		72,711	225,031

	Period
	1.8.21
	to	Year Ended
	31.3.22	31.7.21
Academic		3
Administration		8
Supervisors		1
		12

The num	ber ofemployees whose employee benefits	(excluding employer pension costs) exceede	d f60,000wa
		Period
		l.8.21
		to	Year Ended
		31.3.22	31.7.21
860,001	—870,000		I

Within the staff costs f18,665 (2021;fnil) is redundancy	Within the staff costs f18,665 (2021;fnil) is redundancy	costs.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			funds	fuli its	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies			12,906		12,906
Charitable activities
Academic services			127,642		127,642
Investment income			612		612
Other income			107,536		107,536
Total			248,696		248,696
EXPENDITURE ON
Charitable activities
Academic departments			98,836		98,836
Support services			156,642		156,642
Premises			227,003		227,003
Governance			2,654	10,391	13,045
Total			485,135	10,391	495,526
NET INCOME/(EXPENDITURE)			(236,439)	(10,391)	(246,830)
Transfers between funds			21,871	(21,871)
Other recognised gains/(losses)
Actuarial gains/(losses)	on defined benefit
schemes			(164,168)		(164,168)
Net movement in funds			(378,736)	(32,262)	(410,998)
RECONCILIATION	OF FUNDS
Total funds brought	fomvard		1,158,900	24,465	1,183,365
TOTAL FUNDS CARRIED FORWARD			780,164	(7,797)	772,367

					2022	2021
					f	f
	Trade debtors				5,000
	Other debtors				548
	VAT				846
	Prepayments and accrued income				1,492	13,131
					7,886	13,131
10.	CREDITORS: AMOUNTS FALI ING	DUE WITHIN ONE	YEAR
					2022	2021
	Trade creditors				7,229	8,013
	Other creditors				6,074	2,845
	Pension obligations				59,639	68,245
	Accruals and deferred income				18,594	22,414
					91,536	101,517
11.	CREDITORS: AMOUNTS FALLING	DUK AFTER MORE	THAN ONE		YEAR
					2022	2021
					f.
	Pensions obligations				370,346	502,161
12.	MOVEMENT IN I UNDS
				Net	Transfers
			movement		behvcen	At
		At 1.8.21	in	funds	funds	31.3.22
						f,
	Unrestricted funds
	General fund	1,342,773	(75,943)		(45,158)	1,221,672
	Pension Reserve	(570,406)	95,263		45,158	(429,985)
		772,367	19,320			791,687
	Restricted funds
	Essex Boys and Girls Club/Erasmus			2,692		2,692
	TOTAI. FUNDS	772,367	22,012			794,379

			h)con)lng	Resources	Gains and	Movemcnt
			resources	expended	losses	in funds
					f.	8
Unrestricted		funds
General	fund		27,028	(102,971)		(75,943)
Pension	Reserve			33,214	62,049	95,263
			27,028	(69,757)	62,049	19,320
Restricted		funds
Essex Boys		and Girls Club/Erasmus	5,085	(2,393)		2,692
TOTAL	FUNDS		32,113	(72,150)	62,049	22,012

Comparatives fo	r movement in funds
			Nel.	Transfers
			movement	bet)veen	At
		At 1.8.20	in funds	funds	31.7.21
				f
Unrestricted funds
General fund		1,621,205	(269,529)	(8,903)	1,342,773
William Serendipity		23,331		(23,331)
Anita Yvonne Ames Legacy			12,152	(12,152)
Pension Reserve		(485,636)	(151,027)	66,257	(570,406)
		1,158,900	(408,404)	21,871	772,367
Restricted funds
John Lyons Charity		16,372	(15,090)	(1,282)
Joseph Rank Bursa)y Fund		1,000		(1,000)
Youth Volunteer	training (StJohns
Ambulance)		5,116	12,496	(17,612)
Essex Boys and Girls Club/Erasmus		62		(62)
Change Agents -	Global Leadership
evaluation (World YMCA)		1,915		(1,915)
		24,465	(2,594)	(21,871)
TOTAL FUNDS		1,183,365	(410,998)		772,367

Comparative net	movement	in funds, included	in the above are as follows:	in the above are as follows:
			Inconllllg	Resources	Gains and	Movement
			resources f	expended	losses	in funds
Unrestricted fumls
General fund			228,747	(498,276)		(269,529)
Anita Yvonne Ames Legacy			12,152			12,152
Pension Reserve				13,141	(164,168)	(151,027)
			240,899	(485,135)	(164,168)	(408,404)
Restricted funds
John Lyons Charity			(14,490)	(600)		(15,090)
Youth Volunteer	training (StJofms
Ambulance)			14,744	(2,248)		12,496
HMRC Furlough	grant		7,543	(7,543)
			7,797	(10,391)		(2,594)
TOTAL FUNDS			248,696	(495,526)	(164,168)	(410,998)

During the year the College had the following	During the year the College had the following	During the year the College had the following	transactions:
				2022	2021
With YMCA En land	and Wales
Affiliation fee				1,658	3,004
Payroll costs				149	1,710
With the YMCA Grou	Life Assurance	Scheme
Group Life Assurance	Scheme premiums/(credits)			(465)	(1,407)
With the YMCA Pension and Assurance		Plan
Pension scheme deficit	payments			45,158	66,257
Pension scheme expenses				10,687	14,773