Company registration number.. 02978406
Charity re8lStration nu mber.. 1044624
YMCA George Williams Company
IA com pany limited by guarantee)
Annual Report and Financial Statements
for the Year Endcd 31 March 2025
TC Group
10 Brid8e Street
Ch ristchurch
Dorset
BH23 IEF

YMCA George Williams Company
Contents (continued)
Tru5tees' Report
Itolo
Independent Auditors, Report
Ilto 13
Statement of Financial Activitie5
14
Balance Sheet
15
Statement of Cash Flows
16
Notes to the Financial Statements
171035

YMCA George Williams Company
Trustees, Report
The Board of Trustees, who are also Directors of the charity for the purposes ol the Companies Act 2006,
present the Ann ual Report and audited Financial Statemonts for the year Ènded 31 March 2025. The Annual
Report and Financial Statements are also prepared lo meet the requirements for a Directors, Report and
Accounts for Companies Act purposes.
YMCA George Williams College is an independent registered charity within the YMCA Federation of England &
Wales. The cu rrent organisation was formed following the merger in April 2022 which brought together the
Centre for Youth Impact with YMCA George Williams ColleEe, combining expertise in understanding and
improving quality and impact with the training and development of practitioners in youth and community
provision.
Page I

YMCA George Williams Company
Trustees, Report (continued)
Chair's Introductlon
YMCA George Williams ColleEe ends the 2024-25 fin3nciBI yeo r with trustees having made the difficu It decision
to close the charity, with operation5 predorninantly ceasing from 31 March 2Q25 This decision has not been
made li6htly and follows an extended period of careful consideration and evaluation.
Since the merger of the Centre for Youth Impact into YMCA George Williams College in April 2022, we have
worked diligently to define our role within both the youth sector and the wider YMCA movement. Our 3im wa5
to build on the rich legacies of both institutions whi le identifyinE new opportunities to support and empower
our partners across the youth sector. Despite these efforts, we have faced persistent challenges in
transitioning to a new environment. Over the past few years, the College has implemented a range of
measures Sntended to create a stable and sustainable future. Desplte the support of our partners, the
measures undertaken, and the Bood work completed, we have reoched the conclusion that we do not face a
Sustainable future.
The external environment remains challenging, and we are very conscious that we are not the only
infrastructure organisation in our sector to formally c105e our operation5. This context has contributed lo our
current position.
We are deeply than kful to our dedicated ènd ha rdworkin8 Staff and recognise the profound i mpact this will
have on them. We are committed to supporting them through this difficult transition, We are also so very
grateful for the dedlcatlon, hard work, friendship and commitment shown by our partner5, and stakeholders
over the years both for the Centre for Youth Impact and the College. We are pleased lo have been able lo
work alongside so many over the years, to help shape the basis ol youth work Ira ining, evJlualion aiid impact
measurement in our sector.
We pay tribute to the work of our peer orBa nisation5 in the sector, sorne of whom have significantly invested
in taking on moro of the impact and evaluation work In rccent years and we hope that thc Iniollectual le8acy
we leave behind will help to shape Ihat space,
While this marks the end of YMCA Geor8e WlllSams College, the impact of our collective work will continue to
re50nate in the lives of the young people and communities we have served, and we will work closely with our
funders and colleague5 at YMCA England & Wale5 to explore opporlunllies for some areas of ou r work to live
on.
Ma rtln Houghton-Brown, Chair
Page 2

YMCA George Williams Company
Trustees. Report (continuedl
Objectives and actlvltle5
Objectives, strotegles and activities
On 11 February 2025, the Board of Trustees of YMCA George Williams College met and resolved to formally
lose the operations of the cha rity. Staff were informed the following day. Following a redundancy process, the
majority of staff left the charity on 31 March 2025, with three remaining to complete outstanding project
delivery and lin the case of the Executive Director) oversoe the closure of the organisation,
In April 2025, the charity Secured a small grant from the Department lor Culture. Media and Sport IDCMSI to
draw tOBether the most significant outputs of the charity to form a logacy a rchivo. Upon closuro, all assets of
the charity will fall to YMCA En8land & Wales as per the charity's goveining documents.
The majority of the cha rity's day to day delivery ceased on 31 March, either due to project work reaching its
natural conclusion or through the charity's role being transferred formally lo a partner organisalion. One
contract Is being transferred f orma Ily to YMCA England & Wales to enable ongoing delivery, and one project
was transferred to a new delivery organisation followlnE a competitive process, at the request of the funder
(The National Lottery Community Fund).
Publlc benellt
The Trustees have had d Lje re8ord to the Charity Commission guidance on p ublic bo nefit. U nlil the point our
operations ceased, we continued to deliver 3 publlc benefit in linc with our charitable objects through..
the provision of traininE for adults and young people;
the advancement of research in respect of children or young people and the publication of useful results,. and
promotion of the efficiency, effectiveness and I mpact of charities working to support younE people and the
promotion of the voluntarv vovth sector through.. collaboration on ielevant issue5,' providing training,
conforonccs and seminars,. identifying noeds in the voluntary youth sector and establ ishi ng projects or policies
lo address them,. and raising awareness and advocating for the sector.
Details of the type of activities delivered in the public benefit can be found in the 'Achievement and
performance section of this report,
Grant moklng policies
Grants are given to orEanisatlons where thoy contribute towards tho successful completion of project5,
Page 3

YMCA George Williams Company
Trustees, Report Icontinuedl
Achlevements and performance
Updating our Impact and Improvement Standards to creato a sell.assessmeni option, which offers
organisations a comprehensive framework throuEh which to vndersland and improve the impact of their
provision, and creatin8 a new micro-site to hold the Standa rds and all associated resources.
Facilitatln8 work with the Back Youth Alliance to support progress in shared measurement
Working with our Youth Voice Ambassadors to develop a new reflection Iramework for effective youth voice
practice and creating the framework for tlie next round of data gatherin8 through the youth voice observatory
Publishing in.depth research with young people and practitioners focused on eihical data gatherin8
Achieving re-certification as an NCFE Approved Centre with CPD accreditation for our training
Continulng to support the implementation of Vislon 2Q30 across the global movement and championing a n
innovation and lea rni ng culture acr05S the YMCA movement
Maintaining the Regional and National Impact Networks, i ncluding running a Series of local consultations on
shared mLasurement with network members
Working with the Youth Work Evidence Alliance to u ndertake 8 focused project on shared measurement, and
publishing a range of connected report5
Underla king resea rch Snto the drlvers of quality In new youth facilities
Financlal revlew
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and
Articles of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparlng their accounts In accordance with the Financial Reporting standards
applicable in the UK and Republic of Ireland IFRS 1021 issued in lanuary2022.
Income for the year reduced to £l.OOm12024.. £ 1,46ml, of whlch £0.51m12024,, £1.03ml related lo restricted
funds. Expenditure for the year including both d irect project costs and ovefheads was £1.36m12024,. £1.92ml
resulting in a net expenditure of £0.36m of which a deficit of £0.15m ar05e on restricted funds giving a deficit
of £0.2 Im on general funds beforo the additional pension provision12024'. resiflcted fund Surplus £0.08m and
general fund deflclt £0,54m giving a net deficit of £0.46m before actuarial 8ain51.
The College participated in a mu Iii-employer defined benefit pension plan for em ployees of YMCAS in England,
Scotland and Wales, which was closed to new members and accruals on 30April 2007. The College is required
to pay def i¢it contributions arising from service of past employees. Following the decision to close operations
The College was obliged to buy out of the YMCA Pension Plan al a total cost of EO.23m which 15 fully provided
in these accounts.
Pa8e 4

YMCA George Williams Company
Trustees. Report (continued)
Investment policy ond objectives
The charity holds its funds in a current account. The Boa rd of Tru51ees take the view that the charity's funds
need to be readily available and that cash balances are insufficiently high on an ongoing ba51S to warrant
additional investment measures.
Going concern
In February 2025 the Trustees decided to close the charity and transfer the remaining funds lafter payment of
all Ilabilitiesl to YMCA En8land and Wales. These accounts have therefore been prepa red on a closure bas1S,
Reference and Admlnistratlve Detalls
Charlty RegistratSon Numbei,.
1044624
Scottish charity num ber..
SC042186
Company Registration Number..
02978406
The charity is incorporated in Engla nd & Wales.
Re8lStered Office..
10.1 I Cha rterhouse Square
London
ECIM 6EH
Auditor..
TC Group
10 Bridge Street
Christch urch
Dorset
BH23 IEF
Solicitors.,
Veale Wasbrough Vizards LLP
24 King William Street
London
EC4R 9AT
Bankers..
Natwest
11 The Parade
Canterbury
Kont
CTI 2SQ
Nationwide
Nationwide House
Pipers Way
Swindon
SN38 INW
Page 5

YMCA George Williams Company
Trustees, Report (continued)
Trustees and officers
The trustees and officers serving during the yeor and since the year end were as follow5..
Trustees:
M Houghton-Brown
D M Hatton
N A SherrinEham
K Franks
Y Ogundele
D M Paul Iresi8ned 30 April 20241
Chlef Executlve Officer
Bethia McNeil lon secondment from January to December 20241
Interlm Executive Officer
Geethika Jayatilaka ljanuary to December 20241
structure, governance and management
Nt7ture of governlnq document
The charity is controlled by its governin8 document, a deed of trust, a nd constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Charlty constltutlon
The YMCA George Willia ms Collese is a charltJble company lim ited by euarantee which obta Ined ils charita ble
status in March 1995. The company was establSshed under a mernorandum of association which established
the objects and powers of the charitable company and is governed under its Article5 01 Association. In the
ovent of the company being wound up each member of the Board Is required to contribute an amount not
exceeding £1. The Charitable Company's (College's) Governing 8ody was established under the Further and
Hlgher Education Act 1992 for the purpose of leading YMCA George Williams College, Following the
development of the Col lege's work i n Scotland, registration was secured in 2011 with the Ollice of the S¢olt15h
Charity Re8ulator IOSCRI registration nu mber SC042186.
Page 6

YMCA George Willlams Company
Trustees, Report (continued)
The Board of Governors
The governa nce of the Charity is underlaken by its Board of Trustees, which meets quarterly and is responsible
for overseei ng the strategic direction and policy of the cha rity, The Trustees, as set out in Section 5, are also
the Directors of the com pany for the purposes of cha rity law, and, under the company's Articles, a re known
collectively as the Board of Trustee5.
Prospective Trustees are recruited and interviewed, and under the requirements of the Memorandum and
Articles of Association, elected by a simple majority of the Board of Trustees. Trustee5 serve for a period of
three years, after which they may be elected for two further three-year terms. At this point Trusiees must
stand down from the 8oard for at least one year, after which they may be re-elected.
The Trustees are greatly val ued for the experience and expertise they bring lo the orga nisalion, and for the
time they voluntarily dedicate to supporting its success. The Boa rd ol Trustee5 underta ke regular reviews of
their 8overnance, composition and skllls in fulfillin8 their duties. They recognise the importance ol this in
ensurlng quality governance of the College's operatlons and kcy risks. In addition to a full induction, training is
also provided in response to these reviews,
The aoard of Trustees had five members and met five time5 to support the dovelopment of the College's
strategy, monitor the delivery of busine55 plans, oversee financial a nd risk ma nagement, and measure progres5
in staff recruitment and developmenf. At each meetin8 they received update5 from the CEO and other
relevant Staff on pro6re55 of the work,
The Board of Trustees has two subcommittees for Finance, Audit and Risk a nd for Nomi nation5. The Finance,
Audit and Risk sub-committee met quarterly to review management accounts and audit preparations, and the
Nominations committee meet when necessary to review trustee a ppointments. The Trustees are responslble
for developlnE and overseeing the strategic direction of the charity and ensuri ng that be518overnance pratlice
is in place. The Trustees dele8ate the charity's operational management 10 tho Chief Executive and Senior
leadership team.
Staffing
Ouring the year the staff team reduced from 18 full-time equivalent POS15 in March 2024 to 11 in March 2025.
At the point of closure of operations, there were six redundancles, and one staff member left at the end of a
fixed term contract, One staff member remains on secondment with their employment hosted at YMCA
En8land & Wales until the end of the secondment period, Three Staff rnernbers, ernploymenl was tra nsferred
to YMCA England & Wales under Transfer of Undertaking (Protection of Employmenil legislation in July 2025,
The CEO went on secondment as from May 2024 and a n i nlerim Executive Director (Geelhika Jayatila kal wos
appointed from January 2024, departing Docember 2024, at which point the former CEO returned Irom
secondment.
Page 7

YMCA George Williams Company
Trustee5' Report (continued)
Key management remuneration
Decisions relating to pay were made in accordance with the organisalions, pay policy which is designed to
attract, retain, reward and motivate all employees. It provided a competitive compensation package that
reflects market value, sustained individual performance, job responsibilities a nd the Charity's performance
against service delivery target5 as well as financial objectives.
The rationale for pay decisions was guided by the following principles..
To allow the charity to recruit the best people,.
To allow the charity to reta in high.performing staff members,.
To not cause increases to the Charity's expenditu re that could threaten its SU51ainabilily,'
Fairness; a nd
Transparency.
Salaries are regularly benchmarked with the mDSt recent benchmarking exercise un dertaken December 2022
by an HR consultant. Thls established a number of pay bands and a competency and responsibilitie5 matrix
which sets out clear criteria with in which posts are expected to operate.
The 8oard will serve as remuneration committee for SLT and the Chief Executlve.
Employee5 must be In post at least three months and have completed their probationary period to be eligible
for an increase in line with increased scope and/or responslbllity. and em ployees who a re already at the top ol
their salary band wou Id not be ell8ible.
SLT serve as remuneration commlttee for the remainder of the staff team.
The remuneration committee will have discretion as to the size of the increase within the $21ary bands,
Page 8

YMCA George Williams Company
Trustees, Report (continued)
Rlsk management
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appiopriate controls are in place to provide reasonable assurance against fraud and error. The Trustee5 believe
that the system of internal controls has been adequate to provide assura nce agai nst material m isgtalement or
loss.
Policies and procedures are in place to manage the charity's risks. Risks are reEularly reviewed by the CEO,
Senior Leadership Team, the Finance and Risk Committee, and are reported bi-monthly to the Board of
Trustees.
The key risks and mitigating actions were.,
Depletion of reserves ari5in8 from continuing operational deficits - miligalin8 actions include restructurlng of
the staff team, Improved f inancial reporting, identification of new funding opportu nitie5 and closure of the
charity. This has led to the Trustees decid ing to close the ch3 rity.
Capacity to deliver com plex strategic projects - mitigating actions included recruiting a new Head of Research
and Evaluation and training of stspport team to develop their skills,
Staff wellbeing arSslng from workloads
organisation
mitigating actions included addressing supporl capacity wilhln the
Statement of trustees, responsibilitles
The trustees (who are also the directors of YMCA George Williams Company for the purposes of company lawl
are responsible for preparing the tru51ees' report and the financial statements in accordance with applicable
law and United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accounting Practice),
Includi ng FRS 102 'The Fina ncial Reporting Standard a pplicable in the UK and Republic of I reland"
Company law require5 the truslees to prepare financial statements for each financial year, Under company law
the trustees must not approve the financial statements unless they are satisf led that they give a true and fair
view of the state of affairs of the charitable company and of the incoming resource5 and application of
resources, including its income and expenditure, of the cha ritable company for that period. In preparing these
financial statements, the trustees are required to;
select su itable accou nting policies and apply them consi5tentlv,'
observe the methods and prlnclples In the Cha ritie5 SORP.,
ma ke judBement5 and e51imate5 that are reasonable and prudenl,.
state whether applicable accountin8 Standards, comprisinE FRS 102 have been followed, subject to anv
material depa rtu res disclosed and explained in the financial 5tatements,' and
prepare the financial stJtements on the goin8 concern ba515 unless it Is inappropriate lo presume that the
charitable company will conti nue in business.
The Irugtees are responsible for keepine proper accountin8 records that can disclose with reasDnable accuracy
at any lime the financial position of the charitable company and enable them to ensuro that the financial
statements comply with the Companies Act 2006. They are also responsible for safegua rding the 3sse15 01 the
charita ble compa ny and hence for taki ng reasonable steps for the prevention and detection of fraud and other
irregvlaritie5.
PEge 9

YM C.A GL'¢)I"IYL' Willi4iliiS Conii)¢Trri y
Triistcc.s' Iloi)OTI Icoi)tiiiiJodl
isc1osiifQ ol iiiforniiilior) lu auditor
F/)/? i,,, :,,;,,.

YMCA George Williams Company
Independent Auditor's Report to the Members of YMCA George Williams Company
Opinion
We have audited the f inancial statemenl5 of YMCA George Williams Company Iihe 'charity'l for the year ended
31 Ma rch 2025, wh ich comprise the Statement of Financia l Activities, Balance Sheet, 51atemenl of Cash Flows,
and Notes to the Fina ncial Statements, including a Summa ry of significa ni accounting policie5. The financial
reporting framework that has been applied in their preparation is United Kingdom Accounting Standards,
comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and applica ble law Iunited Kingdom Generally Accepted Accountin8 Practice).
In our opinion the fi nancial statements,.
give a true and fair view of the State of the charity's affairs as at 31 March 2025 ar)d ol its incoming
resources and application of resources, includ ing its income and expen ditu re, for the year then ended,
have been properly prepared In accordance with United Kin8dom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requ irement5 of the Companies Act 2006.
Basis for oplnion
We conducted our audit in accordance with International Standards onAudilin8lUKI IISAS IUKII and applicablo
law, Our responsibilities under those standard5 are further described in ihe auditor re5pon5ibililies for the
audit of the f ina ncial statements sectlon of our report. We a re independent of the charity in accordance with
the ethical requlrements that ore rolevant to our audit of the flnancial slatemcnls in the UK, including the
FRC'S Etliical Standard, and we have fulfilled our other ethical responsibililie5 in accordance with these
requirements, We believe that the audit evidence we have obtained is sulliclent and appropriate lo provide a
basis for our opinion.
Emphasls of matter Financlal statements prepared on a basls other than going concern
We draw attention to the trustees, report 'Chair's Introductlon" and 'Objeclives, strategies and acllvillos
section5 of the financial statements.
The board of trustees of YMCA George Williams Company made the decision on the 11 February 2025 to begin
the process of windlng up the charity. Employees were informed on the lollowlng day and the majority of
employees were made redundant at the end of the financial year. On conclusion of the final contracts being
completed, the remaining assets will be transferred once long term liabilities Bnd leases have been settled to
YMCA England & Wales. This will be completed on concluslon of the 31 March 2025 financial audit and for that
reason a basi5 Other than the going concern basis in those financial statemernts has been considorcd
a ppropriate,
Our report is not mod ified.
Other Information
The trustees are responsible for the other information. The other inlormation cornprises the information
included in the annual report, other than the financial statements and our auditor's report thereon. Our
opi nion on the financial 5tatement5 does not cover the other information and, except lo the extent otherwise
explicitly stated in our report, we do not express any form of assurance Conclusion theroon.
Page 11

YMCA George Williams Company
Independent Auditor's Report to the Members of YMCA George Williams Company
(continued)
In connection with our audit of the financial statements, our responsibility is to read the other information
and, in doing so, consider whether the other information 15 materially incon5islenl with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially mi55tated. If we
identify such material incon515tencies or apparent material misstatements, we are required lo determine
whether there is a material misstatement in the fina ncial statements or a material mi55tatement of the other
information. If, based on the work we have performed, we conclude that there is a material misstatement of
th is other information, we are required to report that fact.
We have nothlng to report in this re8ard.
Opinion on other matter prescrlbed by the Companle5 Act 2006
In our opSnlon, based on the work undertaken in the Course of the audit..
the informatlon given in the Trustees, Report for the financial year for which the financial statements are
prepared is consistent with the financial statements,, and
the Trustees, Report has been prepared In accorda nce with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the charity and itsenvironment obtained in the course of
the audit, we have not identified material mis5taternent5 In the Tru5tee5' Report,
We have nolhSn8 to report in respect of the following matter5 where the Cgrnpa nies Act 2006 req uires us to
report to you if, in ou r opinlon..
adequate accounting record5 have not been kept, or returns adeq uale for our audit have not been received
from branches not visited by us; or
the financial statements are not in aÉreement with the a ccounlin8 record5 and returns,. or
cert3 in dlsclosures of trustees remuneration specSfied by law are noi made,. or
we hJve not received all the information and explanations we require for our audit.
Responslbllities of trustees
As explained more fully in the Statement of trustee5' responsibilities (set out on page 9 and IDI, the tiustees
are responsible for the preparation of the financial Statements and for bel ng satisfied that they give a true and
fail view, and for such internal control as the trustees determine is necessary to Ènable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In prep2ri ng the financSal statements, the trustee5 are responsible for assessing the charity's abil ity to continue
a5 a going concern, disclosin8, as appllcable, matters relatcd to golng concern and usinE the Eoin£ concern
basis of accou ntin2 unless the trustees either intend to liquidate the charity or to cease oporations, or have no
realistic alternative but to do so.
Auditor responsibilities for the z udit of the financial statements
Our objectives are to obtai n reasonable assura nce about whether the financial 5tatement5 2s a whole a re free
from material misstatement, whether due lo fraud or error, and to Issue an auditor's report that includes our
opinion. Reasonable assurance 15 a high level of assurance, bvt is not a guarantee that 3n audit corlducled in
accordance with ISAS IU Kl will always detect a material misstatement wh en it exists. Misstatements can arise
from fraud or error and are considered materi31 if, individually or in the aggregate, they could reasonably be
expected to influence the econom ic decisions of user5 taken on the basis of these fina ncial statements.
Page 12

YMCA George Williams Company
Independent Auditor's Report to the Members of YMCA George Williams Company
Icontinued)
The extent to which our procedures are capable of detectin8 irre8ulaflties, including frauLI 15 detailed below..
We obtained an understandln8 ol the leu¢il rind regulatory frameworks applicable ro ihe company and the
sector in which they operate. We determined that the following laws 80(4 fegulations were most siRnilic8nl'.
the Companies Act 2006, the UK Corporate Gc>vernance Code and UK colporale laxatlon law5.
We obtained an understanding of how the company are complying with those leEal and re8ulatory
frameworks by makin8 inquires lo the mana8ement. We corroborated our Inquiiies throu8h our review of
board rninute5.
We assessed the susceptibility of the company's finallcial stalemenis to material misstaiemenl, including
h()w fraud mi8ht r)ccur. Au(Jil procedures perlr)rmed by the Audit en6(Jge.mp.nt tP.8m incl udpd..
Identifying and assessin8 the design effectiveness of controls management has in place to prevent and
delect fraud,.
U nderstandlng how those charged wlth Bovernance consldered and addressed the potential for overrlde of
iontro15 or
other inappropriate influence over the financial reportin8 process,.
Challenging assumptions and judBemonls made by mano6ement in ils siÉnilic¥nt accounting estirnales,,
Identifyin8 and i¢:slin8 journal entries, in particular dny ji?urnal enirips pu5ted with uriusudl account
combinations,, and
Assessing the oxtent of compliance with the relevant law a nd regulations.
Use of our report
This report Is made solel¥ 10 the charitablo company's trustecis, as a body, in accordance with ChaplL>r 3 of Parl
16 of ihe Companies Act 2006. Our audit work has been undertaken so that we might siale to Ihc charily'5
Irustoos those matter5 we arc required 10 siaic lo them in an auditor's report and lor no other purpose. To
the fullest extent permilted by law, we do not accopt or assume re5ponsibllily 10 anyone other than the
charitable company and it trustee5 as a body, for our a udil work, for this report, or lor the opinions we have
formed.
IM Rodd L15c FCA FCCA (Senior Statutory Audiiorl
For ond on behalf ol rc G roup, Statutory Auditor
10 Brid6e Street
Chrisichurch
DorsÈl
BH23 IEF
Oate..
11 Decomber 2025
Page 13

YMCA George Williams Company
Statement of Financial Activities for the Year Ended 31 March 2025
(Includlng Income and Expenditure Account and Statement of Total Recognised Gains and
Losses)
Unrestricted
funds
Re5tiicted
f unds
Total
2025
Total
2024
£ (As restated)
Note
Income and Endowments from,,
Donations and legacies
Charitable activities
Investment income
114,473
129,935
9,543
240,769
376,214
132,535
490,687
262,470
9,543
240,769
850,216
551,607
15,175
43,379
Other Income
Total income
494,720
508,749
1,003,469
1,460,377
Expendlture on;
Raising fu nds
Charitable activitie5
11281
1703,2191
11281
11,363,856)
18,2 151
11,909,692)
1660,6371
Total expendlture
1703,3471
1660,6371
11,363,984)
11,917,907)
Nel expenditure
Transfers between funds
1208,6271
148,8481
1151,8881
48,848
1360,5 151
1457,5301
other recognlsed galns and
losses
Actua rial gains on defined
benefit pension schemes
1135,4121
1135,4 121
171,125
Nel movemont in fund5
(392,8871
1103,0401
1495,9271
1286,4051
Reconclllation of funds
Total funds brought forward
537,359
103,040
640,399
926,804
Total funds carried forwa rd
22
144,472
144,472
640,399
All of the cha rity'5 activities derive from continu ing operations during the above two periods.
The funds breakdown for 2024 15 shown in note 22.
The note5 on pages 17 to 35 form a n integra I parl of these financial statements.
Pa8e 14

YMCA Goorgo Williams Conipanv
IRogi5tration nuinber,, 02978406)
13alance Slieot a5 al 31 March 2025
2025
2024
Nolp
Rpsiricled
Ciirr•nl •ssvlS
570
CiotlllL%rs Ainoijiits 14111r)K di1¢4
within one ytrJr
1240. 5881
Net current a5sels
1311,lJ3 2
1?6 3n()
Tolol I5Sets loss ciirrenl
14,1.412
141> 2,)0
C redltors Anioiints lalline duo
.Iller n)oro ihan opeypaf
Nol asset5
1,14..112
&ilO. Jfjcj
Fund5 of tlie chavity..
R¢s(ricted In¢ome liind5
Unrestntled i Dcome funds
5.17 1,
Total lunds
1 St￿eTent5 r>n Iiar,i75 14 IL) IS ivi.i('

YMCA George Wi11Sams Company
Statement of Cash Flows for the Year Ended 31 March 2025
2025
2024
£ (As ie5tatedl
Note
Cash flows from operating actlvities
Net cash expend iture
1360,5151
1457,5301
Adjustments to cash flows from non-cash item5
Depreciation
Investment income
4,404
19,5431
4,973
115,1751
527
Loss on disposal of fixed assets held for the charity's own use
li
1365,6541
1467,2051
Working capltal adlustments
Decrea5ellincrea5el in debtors
Increase/ldecrea5el in creditors
17
181,668
82,OIG
1106,1721
1199,3661
19
Other cash flows from operatlng actlvltles
Ropayments of defined benefit penslon
150,3721
160,9711
Net cash flows from operating activities
1152,3421
1833,7141
Cash flows from Investlng activities
Interest receivable and simllar Sncome
Purchase of tangi ble fixed assets
9,543
15,175
15,2551
16
Net cash flows from investin8 activities
9,S43
9,920
Net decrease in cash a nd cash equSvalenls
1142,7991
1823,7941
Cash and cash equivalents at l April
735,570
1,559.364
Cash and cash equiva lents at 31 March
592,771
735,570
All of the cash flow5 are derived from continuing operation5 during the èbove two periods.
The notes on pages 17 to 35 form a n integra I part of these financial 51atement5.
Page 16

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charlty status
The charity is a private company limited by guarantee, incorporated in England & Wales, and consequently
does not have share capital. Each of the trustees is liable to contri bute an a mou nl not exceeding £1 towards
the a55et5 Of the charity in the evenl of liquidation.
The company is due to wind up within 12 months Df the balance sheet date. For more information please refer
to the Roi ng concern accounting poli¢v.
The addre$5 of its registered office is,.
10-1 I Charterhouse Square
London
ECIM 6EH
2 Accounting pollcles
Summary of slgnlflcant accounting policies and key accountin8 estimates
The pri ncipa l accounting policies appl led in the preparation of these lina ncial statemcnts are set out bolow.
These policies have beon con515tently applied to all the years presented, unless otherwise 51ated.
Statement of compllance
The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities..
Statement of Recommended Pracllce (applicable to charities prepa rl ng Iheir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10211 lissued in October 20191
Icharities SORP IFRS 10211, the Financi31 Reporting Standa rd a pplicable in the UK and Republic of Ireland IFRS
1021 and (he Cornpanies Act 2006.
Basls of preparatlon
YMCA George Williams Company meets the definition of a public benefit entity under FRS 102.
The cha rity is planning to cease operations following this financial year and therefore 211 a5SQts and liabilities
are now recognised on a break up basis, A55ets held are shown at fair value of the amount expected to be
obtained on disposal, or the amount expected to be recovered. Liabilities reflect any contractual obligations
created by the decision to cease operations.
Goln8 concern
The financial statements have been prepared on the break-up basis following a decision made by tho board of
trustees in February 2025 to begin the process of winding up the charity. Employees of the charity were
informed in February 2025 and the majority of staff were made redundant al the end of the financial year.
Somo staff were retained to complete existing contracts and 3 members of staff were transferred to YMCA
England & Wales at the end of June 2025. Upon completion of the 31 March 2025 financial year ond audit, the
remaining funds held by the charity will be donated lo YMCA England &Wales In accordance with the charities
a rticle5 of association and the bank accounts wil I be closed.
Page 17

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued
2 Accountlng policles Icont5nued}
Prlor period errors
A prior year adjustment has been com pleted due to an error made in the accounting treatment of the pension
reserve designated fund in the year ended 31 March 2024, To recogni5e the reduction of the commitment
from payments of £75,413 to the penslon scheme in the year, a credit entry was posted to the pension reserve
through the profit and loss, with the opp051te debit entry being made within the general fund in the profit and
loss, The treatment to recoEnise this through the profit and loss was incorrect and instead thi5 should have
occurred through a transfer of funds, A prior yea r adjustment has been completed to correct this. There is no
impact on the year end reserve balance5 as a result of th15 journbl.
Key sources of estlmation uncertainty
In ihe application of the company's accounting policies, the directors are required to make judgements,
estimates and assumptions about the carryinB amount of assets and liabilities that are not readily apparent
from other sources, The estimates and associated assumptions are based on historical experlence and other
factors that are considered to be relevant. Actual results may differ from these cstimales.
The estimates and underlying assumptions are reviewed on an ongoing b3sis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affecls only that
period, or in the period of the revision and future periods where the revision affects bolh current and future
periods. I n preparSng these financial statements, the key judgements and estimates have been made in respect
of the followlnE-.
Pension scheme obligations,. The critical underlying a55umptlons in relation ro the estimate of the pension
plèn obligations such as return on assets, increases in pensions in payment and mortality. Variation5 in these
assumptions have the ability to significantly influence the value ol the pension liability and the annual
contributions required. The eslSmate5 are relevant to the prior year accounting treatment of the pension
scheme however withln the 31 March 2025 year end the pension scherne has been confirmed for buy-out and
therefore the liability within the accounts is certain.
Income and endowments
All income is recoEnised once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be measu red reliably.
Gronts receivable
Grants are reco8nised when the charity has an entitlement to the fundsand anycondition5 linked to the grants
have been mel, Where performa nco condition5 are attached to the grant and are yet to be mot, the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Deferred Income
Where unconditional entitlement to grants receiva ble and fees paid in advance is dependent upon fulfilmenl
of conditions within the College's control, the incoming rosources are reco£nised when there 15 sufficient
evidence that conditions have been met. Where there is uncertainty as lo whether the College has met such
conditions, or the funder clearly states that the funding is for the next financial year, then the incoming
resource 15 deferred. Tuition fees are recognised over the duration of the course. fees received in advance 3re
accounted for in liabilities and ieleased over the period of the course.
Page 18

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
2 Accountlng policies Icontlnuedl
Investment income
Dividends are recognised once the dividend has been declared and notification has been receivod of the
dividend due.
Expendlture
All oxpenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement 55 required and the amount can be measured reliably, All costs are allocated to the applicable
expenditu re heading that aggregate si mila r cost5 to that category. Where costs cannot be directly hltribu led to
particular headin85 they have been allocated ori a ba515 consistent with the use of resource5, With central staff
Costs allocated on the basis of time spent, and depreciation charges a Ilocated on the portion of the a55et's use.
Other support costs are allocated based on the spread of Staff costs.
Chorltuble octlvltles
Charitable expendSture comprlse5 those costs incurred by the charity in the dclivery of its activities and
serviees for it5 beneficlarSes. It includes both costs that can bc allochled dlreclly lo such activities and thosc
costs of an indirect nature necessary to support them,
Redundancies
Redundancies are paid to employees in the period in which they were let go by the entity and recognlsed
when there is a legal or constructive l ia bility arising to the charitv.
Taxatlon
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 20JO and
therefore il meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is polenlially exempt from taxbtion in respcct ol income oi capital galn5 received within catpgories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or 8ains are 3pplied exclusively lo charita ble purpose5.
Tangible fi¥ed assets
Individual fixed assets C05ting £500 or mole are initially recorded at CDSt, less any subsequent accumulated
depreciation a nd su bsequent accumulated impairment losses,
Depreciation and arnortlsatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows..
A55et class
Fittings and education equipment
Computer equipment
Depreciation method and rote
4 10 10 years straight line
3 yearsstrai8ht sine
Fixed assets have been impaired to the amount expected to be recovered on disposol where considered
necessary.
Page 19

YMCA George Williams Companv
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
2 Accounti ng pollcles Icontlnuedl
Trade debtors
Trade and other clebtors have been assessed to show the amou nt expected to be recoverable as at the year
end.
Cash and cash equlvalents
Cash and cash equivalcnt5 comprSse cash on hand and call deposi15, and other short-term highly liquid
investments that are readily converti ble to 3 known omount of cash and are subject to a n i nsignilicant risk ol
change in value.
Trade credltors
Trade creditors are obligatlon5 to pay for Eoods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable ale classified a5 current liabllilies if the charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the roporting date, If there is an unconditlonal right lo defer setiloment for at least twelve
months after the reporting date, they are presented as non-cvrrent liabilities.
Trade cred itor5 a re recognised initially al the transaction prlce and subsequently measured al a mortised cost
using the effective interest melhod.
Fund structure
Unrestiicted income fund5 are general funds that are ava ilable for use al the trustees discretion in furtherance
of the objectivos of the charity.
Restricted income funds are those donated lor use in a particular area or for specific purposes, the usc of
which is restricted to that area or purpose.
Penslons and other post retirement obll8atlons
YMCA George Williams Com pany participated in a multi.employer defined benefit pension plan for employees
of YMCAS in England, Scotland and Wale5, which was closed to new mem bers and accruals on 30 Aprll 2007.
Due to insufficient information, the plan's actua ry has advised that it is not possl ble to separately identify tho
assets and liabilities relating to YMCA George Willia ms Company.
YMCA George Willia ms Compa ny is required to contribute to the operating expenses of the Pension Plan and
these costs are charged to the Statement of Fina ncial Activities as made. In addition, YMCA Georee Williams
Company is also required lo make contri butions to tho Pension Pla n.
YMCA George Williams Company has a contractual obllgation to repay the agreed buy-out liability. as
documented within note 21.
Page 20

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued
3 Income from donatlons and legacios
Total
2025
Total
2024
Grants, including capital grants,.
Grants from other charities
490,687
850,216
490,687
850,216
Grants, included in the above, wero rcccivcd from the following,,
2025
2024
Esmee Fairburn Foundatlon
Paul Ham lyn Foundatlon
Youth Futures Foundatlon
12,150
55,000
6,105
292,595
87,500
123,266
54,IS4
298,939
41,667
16,667
88,065
75,000
64,958
DIEltal, Culture, Media and Sport
Co-op Foundation
Dulverton trust
National Lottery Community Fund
Pears Foundation
Fidelity U K Foundatlon
Oata Ecosystem
E4P
40,420
37,761
46,656
490,687
850,216
Page 21

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
4 Income from charitable activities
Total
2025
Total
2024
Lea rning & Education
Research & Evaluation
18,731
532,876
262,470
262,470
551,607
2025
2024
Access The Foundation for SocSal Investment
Peer Power
126,724
3,531
15,000
71,513
1,500
loo
Young People's Foundation Trust
CEI Global UK Limited
Social Investment Busines5 Ltd
Youth Endowment Fund
19,154
Young Manchester
National Lottery Community Fund
World YMCA
Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust
200
49,065
60,750
3,566
50,003
132,535
268,571
Page 22

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
5 Investment Income
Total
2025
Total
2024
Interest receivable and similar income,.
Interest receiva ble on ba nk deposits
9,543
15.175
6 Other In¢ome
Total
2025
Total
2024
Consultancy
Traini nE
Other
229,878
1,002
9,889
15,966
11,221
16,192
240,769
7 Emponditure on ralslng fund5
al Costs of generatlng donatlons and legacles
Total
2025
Total
2024
Events
128
8,215
Page 23

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
8 Expenditure on charitable activitles
Total
2025
Total
2024
£ IA5 restated)
444, 145
1,106,480
94,920
198,382
32,701
33,064
Note
Learning & Education
Research & Evaluation
406,433
715,936
41,375
102,099
82,295
15,718
Operation5 & Support
Grant funding of activities
Allocated support costs
Governance ¢ost5
io
io
1,365,856
1,909,692
9 Grant-making
Analysis of grants
Grants to Instltutlons
2025
2024
Analysls
Education & learning
Research & evaluation
soo
1,470
170,762
26,150
101,599
Oporations & support
102,099
198,382
The support Costs associated wlth grant-making are £Nil131 March 2024 - £Nill.
P3ge 24

YMCA George Williams Companv
Notes to the Financial Statements for the Year Ended 31 March 2025 {continued)
9 Grant-making (continued)
Below are details of materia I grants made to i nstitution5
2025
2024
Name of institution
National Youth Agency
UK Youth
1,933
1,933
14,433
5,000
2,500
5,000
5,000
1,000
5,000
1,000
1,500
5,000
47,411
60,832
27,SD9
9,394
11,194
1,800
1,800
2,000
2,700
2,000
2,000
5,400
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
4,422
1,800
Youth Focus
East & East Midland5 Regional Youth Work Unil
Yorkshire & Humber Regional Youth Work Unil
Youth Scotla nd
RMD Adventure Lea rnln8
Phoenix Youth
Youth Cymru
Sandwell MBC
City of Ooncaster Council
London Youth
The Youth Assoclation
Fusion Family and Youth Projects
Youth of Fenland
Escape., Community Art in Action
The Kite Trust
I,OOD
1,000
L,000
1,000
KICK
Doncaster Childrens, Universilv
YMCA Heart of England
Warwick5hire County Council
Dot to Dot Enterprises
Young Leicestershire
Phencheater Charle5 Ltd
Birmingham Association of Youth Clubs
Stories of Change LLP
Aptitude Or8anisatiDn CIC Limited
Bradshaw-wa Ish Resea rch
Date for Action
Youth Action Northern Ireland Limited
Grants under El,000
1,000
5,000
4,200
2,000
5,000
1,000
21,600
6,000
2,500
500
120
102,099
198,382
Page 25

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued}
10 Analysls of sovernance and support costs
Support C05t5 allocated to charitable actlvltios
Other
support
costs
Finance
Costs
Admln istratlon
costs
Total
2025
Total
2024
Learning & Education
Research & Evaluation
499
1,176
31,026
Operation5 & Support
948
53,052
28,295
82,295
948
53,052
28,295
82,295
32,701
Governance costs
Total
2025
Total
2024
Staff costs
Wages and salaries
Soci31 security costs
Pension costs
1,795
155
1,812
385
60
159
Audit fees
Audit of the financial Statements
Oiher fees paid to auditors
Accountancy and legal fees
Other 8overnance costs
11.870
1,365
11,525
1,325
11,539
6,319
473
15,718
33,064
11 Net Incoming/outgolng resource5
Net outgoing rosources for the yea r include..
2025
2024
Audit fees
11,870
11,525
523
4,973
Loss on disposal of ta ngible fixed asset5
Depreciation of f ixed assets
4,390
Page 26

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
12 Trustees remuneratlon and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during
the year.
During the ye3r ended 3 1 March 2025, no trvstees received expenses lor travel and accommodation totalling
£nil12024, one trustee totallin8 £5511.
13 Staff costs
The aggregate payroll costs were as follows..
2025
2024
£ IAS restated)
Staff costs durlnE the year were:
Wages and salaries
Social security costs
Pension cost5
852,922
73,412
31,036
1,099,701
117,751
48,597
957,370
1,266,049
The monthly average num ber of persons (including senior management / leade rshi p tea ml employed by the
charity during the year expressed as full tSme equivalents was as follows..
2025
No
2024
No
Head count
15
24
Durln8 the year, the charity has included red unda ncy andlor termination costs which totallod E143,77312024
£Nill. This includes payment5 totalling £38,997 made during the period, and an accrual of £104,776 for
planned redundancies after the year end.
The total employee benefits of the key management personnel of the charity were £142,694 12024
E273,1971.
Page 27

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
13 Staff costs Icontlnuedl
The number of employees whose emoluments fell with in the followinB bands was..
2025
2024
£60,001 £70,000
£80,001- £90,000
£ioo,ooi - £iio,000
14 Taxatlon
The charity 15 a re81Stered charlty and Is therefore exempt from taxation.
IS Comparatives for the statement of financial actlvltles
Unrestrlcted
funds
Restricted
funds
Tolal
2024
E IA5 restated)
Note
Income and Endowments from:
Donations and legacies
Charitable activities
114,999
283,036
15,175
43,379
735,217
268,571
850,216
SS1,607
15,175
43,379
Investment income
Other Income
Total Income
456,589
1,003,788
1,460,377
Expendlture on..
Raising funds
Charitable activities
18,215}
1990,4431
18,2151
11,909,692)
1919.2491
Total expenditure
1998,6581
1919,2491
11,917,907)
Net loxpendlturel/income
Transfers between funds
1542,0691
113,5011
84,539
13,501
1457,5301
Other recognlsed gains and losses
Actua ria l gains on defined benefit pensSon
schemes
171,125
171,125
Net movement in fund5
1384,4451
98,040
1286,4051
Reconclllation of f unds
Total funds brought forw2 rd
921,804
5,000
926,804
Total funds corried forward
22
537,359
103,040
640,399
Page 28

YMCA George Williams Companv
Notes to the Financial Statement5 for the Year Ended 31 March 2025 (continued)
16 Tangible f ixed assets
Furnlture and
equipment
Total
Cost
At l April 2024
23,188
23,188
At 31 March 2025
23,188
23,188
Depreclation
At l April 2024
Cha rge for the year
13,244
4,404
13,244
4,404
At 31 March 2025
17,648
17,648
Net book value
At 31 March 2025
5,540
At 31 March 2024
9,944
9,944
17 Debtors
2025
2024
Trade debtors
47,226
10,230
114,982
124,042
loo
Prepayments and accruod incorne
Other debtors
57,456
239,124
18 Cash and cash equlvalents
2025
2024
Cash at bank
592,771
735,570
Page 29

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 {continued)
19 Creditor5: amount5 falling due wlthin one year
2025
2024
Trade creditor5
Other taxation and Socia I security
VAT
20,392
12,823
17,852
233,507
226,721
37,626
31,945
39,298
55,609
83,910
other creditors
Accruals and deferred income
511,295
248.388
Included with accruals and deferred income in the prior yoar 2re multi year Brants tied to the delivery of
specific outcomes and would need to be repaid to the provider of the funds if the outcomes a re not delivered.
20 Credltors: amounts falllng due after one year
2025
2024
Other creditors
95,851
21 Penslon and other Schemes
Deflned benelit penslon schemes
YMCA George Williams College participated in a contributory pension plan providing defined benefi15 based on
final pensionable pay for employees of YMCA5 in England, Scotland and Wales. The assets of the YMCA
Penslon Plan are held 5ep3rately from those of the College and at the ye3r-end these were invested in the
Mercer Dynamic oe-ri5king Solution, 40% match ing portfolio and 60% in the growth portf olio and Schroder
(property units only).
The Penslon Plan wa5 closed to new member5 and future Service accrual with effect from 30 April 2007, With
the removal of the salary linkage for benefits al l employed deferred members beca me deferred members as
from l May 2011.
Following the declsion made by the trustees to wind up the charity Isee goin8 concern disclosures in the
Iruslee and audit reports) the pension scheme wa5 revalued for a buy-out agreement as at 31 March 2025.
The buy-out I Sabi lities were valued al £1,676,000, of which YMCA George Williams College owed £230,700 and
this has been included within other creditors in the 31 March 2025 year end. A total of £15,876 12024..
£14,443) administrative expenses were incurred du ring the yea r in relation lo the pension scheme.
Page 30

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 Icontinued}
22 Funds
Balance at
l Aprll
2024
Other
Resources
recognlsed
expended Transfers galnslllossesl
Balance at
31 March
2025
Incoming
resources
Unrestrlcted fund5
General
General Fund
683,019
1145,6601
494,720
1687,4711 1115,0961
115,8761
66,248
375,172
1135,4121 1230,7001
Pension Reserve
537,359
494,720
1703,347} {48,8481
1135,4121
144,472
Restricted funds
EDP Alumni Network
10,157
47,394
110,1281
185,1461
1293,7001
178,3001
174,9591
147,7171
1,061
16,3791 112,7751
160,7161
1341
13,5921
26
1291
191
1,903
57,760
945
Data Ecosystem
DCMS Prolects
Fldellty UK Foundation
Centre for Youth Voice
37,761
291,797
20,540
24,949
49,065
46,656
19,154
60,750
3,566
E4P
EFL Evaluation
World YMCA
N HS Foundation Trust
103,040
508,749
1660,6371
48,848
Total f unds
640,399
1,003,469 11,363,984)
1135,4121
144,472
Page 31

YMCA George Williams Companv
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
22 Funds Icontinuedl
Balance at
l Aprll
2023
Other
Resources
recognlsed
expended Transf ers Eain5111055e51
Balance at
31 March
2024
Incorr ing
resources
Unrestricted funds
General
General Fu nd
1,299,560
1377,7561
456,589
1984,2161 {88,9 141
114,4421
75,413
683,019
1145,6601
Penslon Reserve
171,125
921,804
456,589
1998,6581 113,5011
171,125
537,359
Restrlcted funds
EDP Alumnl Network
128,224
317,166
298,939
1118,0671
1269,7721
1312,4401
15,0001
144,4181
125,0541
128,9381
154,1541
142,6751
13,5311
115,2001
10,157
47,394
Data Ecosystem
DCMS Projects
Local Youth Ca paclty
FSdelSty UK Four)dation
Centre for Youth Voice
YEF Multisite Trials
13,501
5,000
64,958
50,003
28,938
54,154
42,675
3,531
15,200
20,540
24,949
E4P
CEI DOYW
Peer Power
Theory ofchange
5,000
1,003,788
19 19,2491
13,501
103,040
Total f unds
926,804
1,460,377 11,917,907)
171,125
640,399
Page 32

YMCA George Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
22 Funds lcontlnuedl
Pu rposes of funds are as follows..
EDP Alumni Network To provide a co-ordinated package of support for Access
the Social Investment
Foundation and its partner5 in developing, testing a nd delivering ils enterprise development programme with
the youth sector in England,
EFL Evaluation
To scope the potential for a full pSlot evaluation of detached youth work provision and to
support youth enga£ement in a n evaluation of the attendance of mentors pfoErammes.
Data EcosVStem To su pport those working with and for young people lo gather, access, understand and learn
from a shared evidence base of high qua lity, robust impact data thus su pportin6 SU51ainable inve51ment and
strengthening infrastructure by mobilising and informing funder collaboration
DCMS Projects - To refine our impact measurement tools and resources lo make them accessible to a broad
range of audiences on our new Measurement Hub, to deliver capacity buildinB support to help youth sector
organisations across England use the measures, and to develop our Youth Impact Portal lo facllitate data
collecllon, collation and vlsualisation,
Fidelily UK Foundation To bulld orBa ni5Otional capaclty by fundlng a new Head of Research a nd Eval ualion
role and contributing towards a Head of Finance role,
N HS Foundation Trust - To provide research and evaluation support to a project focused on increasing young
people's voices in infl uencing health provision.
Centre for Youth Voice To provlde a comprehensive svite of evidence-i nlormed networking, re50urce5 and
capacity building support on youth voice practices,
E4P To explore effective ways for youth Drganisation5 to collect ond leverage domDgraphic data in an
equila ble, traumai gender, a nd culiurolly i nformed way a nd to improve understanding around the collection of
data and data literacv.
World YMCA To lead the learning, Innovation and impact support function for the World Alliance of YMCAS
Local Youth Capacity - To support the pilot areas identified wSth tools, Euidance a nd resources and to develop
framework and diagnostic tool with tho pilot aroas to evaluate existing opporlunilios and any subsequent
resource needs to provido a better understandin8 of the quality of activities dellvered throu8h Local Youth
Partnership5.
YEF Multisile Tria15- GrBnt funding for an innovative multi-51te randomised control trial of a shared mentoring
model across 17 youth organisations in England and Walos.
CEI DOYW To assess the feasibility of evaluating the impact of Detached and Outreach Youth Work IDOYWI
on the risk of you ng people becoming i nvolved in violence.
Peer Power - Development and Delivery of train ing for Peer Power Peer Trai ners a nd Leaders who will then
work with young people from Peer Power lo develop and deliver the E mpathy I nvolvemenl Framework.
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YMCA George Williams Companv
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
22 Funds Icontlnuedl
Theory of Change - To test and embed the College's partnership framework into the support offer for Local
Youth Partnersh ips ILYPSI, Supporting emerging LYPS with theory ol change development, creating online
resou rces lor M EL guidance for LYPS, and ensuring L YPS have supported acce55 to the Colle6e'5 r3n8e of tools,
training, and resources.
Fund transfers
A transfer of funds has occurred between the general fund and tho pension reserve to recogni5e the reduclion
of the commitment through payments made to the pension scheme from genera I fund cash reserves,
A transfer of funds has occurred between the genera I fund and restricted f unds to cover overspends which
occurred on project5 durin8 the year ended 31 March 2025.
A transfer of funds from the EFL Evaluatlon f und to the general f und has occurred to recognise the fact the
project has ceased and to recognise a proportion of related costs that had previously been oxpended through
the ceneral fund.
23 Analysls of not funds
Financing cush
f lows
At 31 March
2025
At l Aprll 2024
Cash at bank and in hand
735,570
1142,7991
592,771
Nct debt
735,570
1142,7991
Flnanclng cash
IIow5
592,771
At 31 March
2024
At l April 2023
Cash at bank and in hand
1,559,364
1823,7941
735,570
Net debt
1,559,364
1823,7941
735,570
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YMCA Geor8e Williams Company
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
24 Related party transacllons
During the year, Youth Focus North East, whose CEO was K, Frank5 lunlil resignation in May 20251, a trustee of
the College, invoiced the College £4,48312Q24 £8,415) as part of the project5 run in the year. At the year end,
a total of £nil12024.' £6,800) was owed to Youth Focus North East ir) relation to these services.
Denise Halton serves as the CEO of YMCA England 3nd Wales and is also a trustee of the College.
YMCA England and Wales provides payroll services lo the College. Additionally, the College makes reni
payments to YMCA England and Wale5, was sponsorod by YMCA England and Walos for the Youth Matter5
Awards and make5 payments to YMCA England and Wales for management services relating lo Governance,
HR, Finance and IT.
At the year end, a balance of £nil12024'. £5,351) wa5 owed by YMCA England and Wales to YMCA George
Williarns and £251 was due toYMCA England and Wale512024.. £1,118) by YMCA George Williams,
Ouring the year the College had the following tra nsactions.,
Total
2025
Total
2024
Wlth YMCA England & Wales
Income
Training and contract income
376
5,351
Expendltufe
Afliliatlon fee
Payroll costs
Office rent
Sponsorship
Conference
5,056
2,094
14,000
148
2,458
17,500
3,500
796
Management charge
53,052
Page 35