| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent auditor's |
report to | the members | 10 | |||
| Statement offinancial |
activities | (including | income and | |||
| expenditure account) |
15 | |||||
| Statement offinancial |
position | 16 | ||||
| Notes to the financial | statements | 17 |
| Reference | Reference | and administrative | and administrative | and administrative | details | |||
|---|---|---|---|---|---|---|---|---|
| Registered | charity | name | The City of Leeds YMCA | |||||
| Charity | registration | number | 1046439 | |||||
| Company | registration | number | 03048401 | |||||
| Principal | office and | registered | Otley Road | |||||
| office | Lawnswood | |||||||
| Leeds | ||||||||
| LS166HQ | ||||||||
| West Yorkshire | ||||||||
| The trustees | Mrs BBray | |||||||
| Mrs SCrowther | ||||||||
| Mr C France | ||||||||
| Mrs J Hainsworth | ||||||||
| Mr J Leahy | ||||||||
| Mr B Newton | ||||||||
| Mr C Shaw | ||||||||
| Mr J Spencer | ||||||||
| Mr H Elliot | ||||||||
| Company | secretary | Mr G C Dorman | ||||||
| Auditor | Sagars Accountants | Ltd | ||||||
| Chartered accountants |
8 statutory | auditor | ||||||
| Gresham House |
||||||||
| 5-7 St Paul's Street | ||||||||
| Leeds | ||||||||
| LS1 2JG | ||||||||
| Bankers | Barclays | |||||||
| 28 Park Row | ||||||||
| Leeds | ||||||||
| LS1 1PA |
| Year ende | d 31 March 2021 | d 31 March 2021 | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | Endowment | |||||
| funds | funds | funds | Total funds | Total funds | |||
| Note | F | E | E | ||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 164,673 | 1,363 | 166,036 | 86,007 | ||
| Charitable activities |
6 | 54,673 | 54,673 | 306,403 | |||
| Other trading activities |
7 | 28,940 | 28,940 | 66,987 | |||
| Investment income |
8 | 48,510 | 48,510 | 56,345 | |||
| Other income | 9 | 254 | 254 | 5,135 | |||
| Total income | 297,050 | 1,363 | 298,413 | 520,877 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofother | |||||||
| trading activities |
71,026 | 71,026 | 78,542 | ||||
| Investment | |||||||
| management | costs | 11 | 14,284 | 14,320 | 14,671 | ||
| Expenditure on |
|||||||
| charitable activities |
12 | 411,229 | 1,218 | 412,447 | 463,737 | ||
| Total expenditure | 496,539 | 1,218 | 36 | 497,793 | 556,950 | ||
| Net gains/(losses) | on | ||||||
| investments | 14 | 268,614 | 673 | 269,287 | (100,489) | ||
| Net income/(expenditure) | 69,125 | 145 | 637 | 69,907 | (136,562) | ||
| Transfers between |
funds | (3,687) | 3,687 | ||||
| Net movement in funds |
65,438 | 3,832 | 637 | 69,907 | (136,562) | ||
| Reconciliation offunds |
|||||||
| Total funds brought |
forward | 2,062,740 | (3,832) | 1,024,871 | 3,083,779 | 3,220,341 | |
| Total funds carried forward | 2,128,178 | 1,025,508 | 3,153,686 | 3,083,779 |
| Statem | ent | of Financial P | osition | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 31 | March 2021 | ||||||||
| 2021 | 2020 | ||||||||
| Note | |||||||||
| Fixed assets | |||||||||
| Tangible fixed assets | 18 | 2,018,682 | 2,051,669 | ||||||
| Investments | 19 | 1,569,839 | 1,374,872 | ||||||
| 3,588,521 | 3,426,541 | ||||||||
| Current assets | |||||||||
| Stocks | 20 | 300 | 300 | ||||||
| Debtors | 21 | 13,778 | 35,969 | ||||||
| Cash at bank and in hand |
55,527 | 45,077 | |||||||
| 69,605 | 81,346 | ||||||||
| Creditors: amounts | falling | due | |||||||
| within one year | 22 | 46,203 | 32,900 | ||||||
| Net current assets | 23,402 | 48,446 | |||||||
| Total assets less current liabilities | 3,611,923 | 3,474,987 | |||||||
| Creditors: amounts | falling | due after | |||||||
| more than one year | 23 | 240,808 | 207,450 | ||||||
| Net assets excluding | defined | benefit | |||||||
| pension plan liability |
3,371,115 | 3,267,537 | |||||||
| Defined benefit pension | plan | liability | 24 | 217,429 | 183,758 | ||||
| Net assets including | defined | benefit | |||||||
| pension plan liability |
3,153,686 | 3,083,779 | |||||||
| Funds ofthe charity | |||||||||
| Endowment funds |
1,025,508 | 1,024,871 | |||||||
| Restricted funds |
(3,832) | ||||||||
| Unrestricted funds |
2,128,178 | 2,062,740 | |||||||
| Total charity funds | 26 | 3,153,686 | 3,083,779 |
| Donations and leg |
acies | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds f |
Funds f |
2021 f |
||
| Donations | ||||
| Wades Charity | 5,000 | 5,000 | ||
| Charles Brotherton |
Trust | 200 | 200 | |
| Leeds City Council | 25,000 | 400 | 25,400 | |
| West Yorks County | Netball | 650 | 650 | |
| Other donations | 13,338 | 313 | 13,651 | |
| Grants | ||||
| Feed in Tariffs and | RHI Income | 3,266 | 3,266 | |
| Government grant income |
117,869 | 117,869 | ||
| 164,673 | 1,363 | 166,036 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds f |
2020 f |
||
| Donations | ||||
| Yorkshire & Humber |
275 | 2,000 | 2,275 | |
| Wades Charity | 5,000 | 5,000 | ||
| Charles Brotherton |
Trust | 200 | 200 | |
| Leeds City Council | 5,000 | 5,000 | ||
| West Yorks County | Netball | |||
| Friends of YMCA | 6,951 | 6,951 | ||
| Douglas Wood | 8,000 | 8,000 | ||
| Sir George Martin Trust | 5,000 | 5,000 | ||
| ESF - Groundwork | 16,000 | 16,000 | ||
| Movement Trust Fund |
18,275 | 18,275 | ||
| Other donations | 13,596 | 813 | 14,409 | |
| Grants | ||||
| Feed in Tariffs and | RHI Income | 4,897 | 4,897 | |
| Government grant income |
||||
| 23,968 | 62,039 | 86,007 |
| Charitable ac |
tivities | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds E |
2021 f |
Funds F |
2020 F |
||
| Leeds City Council | 12,841 | 12,841 | 95,651 | 95,651 | |
| Membership | 552 | 552 | 570 | 570 | |
| Subscriptions | and other contributions | 39,730 | 39,730 | 202,126 | 202,126 |
| Sports section | levies | 1,550 | 1,550 | 5,980 | 5,980 |
| LRTC | 2,076 | 2,076 | |||
| 54,673 | 54,673 | 306,403 | 306,403 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| E | E | ||||
| Premises | letting | 9,241 | 9,241 | 18,217 | 18,217 |
| Grounds | letting | 8,370 | 8,370 | 9,870 | 9,870 |
| Hire of artificial pitches | 11,329 | 11,329 | 38,900 | 38,900 | |
| 28,940 | 28,940 | 66,987 | 66,987 |
| 8. | Investment | Investment | income | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| E | F | E | F | ||||
| Income | from | listed investments | 48,505 | 48,505 | 56,341 | 56,341 | |
| Bank interest | receivable | 5 | 5 | 4 | 4 | ||
| 48,510 | 48,510 | 56,345 | 56,345 | ||||
| 9. | Other | income | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| F | P. | E | E | ||||
| Sundry | income | 254 | 254 | 5,135 | 5,135 |
| Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | 2020 | Funds | 2019 | ||||
| F | E | |||||||
| Rates &water | 1,078 | 1,078 | 5,894 | 5,894 | ||||
| Light & heat | 3,472 | 3,472 | 8,145 | 8,145 | ||||
| Repairs & maintenance | 9,570 | 9,570 | 6,178 | 6,178 | ||||
| Insurance | 15,617 | 15,617 | 16,526 | 16,526 | ||||
| Cleaning | 258 | 258 | 327 | 327 | ||||
| 29,995 | 29,995 | 37,070 | 37,070 | |||||
| Costs of artificial | pitch hire | |||||||
| F | F | |||||||
| Bank interest | 5,541 | 5,541 | 6,128 | 6,128 | ||||
| Depreciation | of sports facility | 21,787 | 21,787 | 21,787 | 21,787 | |||
| Depreciation | of artificial pitches | 11,200 | 11,200 | 11,200 | 11,200 | |||
| Light and heat | 545 | 545 | 1,244 | 1,244 | ||||
| Repairs & maintenance | 1,958 | 1,958 | 1,113 | 1,113 | ||||
| 41,031 | 41,031 | 41,472 | 41,472 | |||||
| E | E | F | ||||||
| Total costs ofother | trading | activities | 71,026 | 71,026 | 78,542 | 78,542 | ||
| 11. | Investment | management | costs | |||||
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| F | ||||||||
| Porffolio management | 14,284 | 36 | 14,320 | |||||
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2020 | ||||||
| E | ||||||||
| Portfolio management | 14,634 | 37 | 14,671 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | ||||||
| E | E | |||||||
| Activities | undertaken | directly | 380,546 | 1,218 | 381,764 | |||
| Support | costs | 30,683 | 30,683 | |||||
| 411,229 | 1,218 | 412,447 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2020 | ||||||
| E | ||||||||
| Activities | undertaken | directly | 364,447 | 66,841 | 431,288 | |||
| Support | costs | 32,449 | 32,449 | |||||
| 396,896 | 66,841 | 463,737 | ||||||
| 13. | Analysis | of | support | costs | ||||
| Governance | ||||||||
| costs | Total 2021 | Total 2020 | ||||||
| F | F | |||||||
| Staff costs | 20,490 | 20,490 | 20,958 | |||||
| Insurance | 5,206 | 5,206 | 5,509 | |||||
| Office costs | 4,987 | 4,987 | 5,981 | |||||
| 30,683 | 30,683 | 32,448 | ||||||
| 14. | Net gains/(losses) | on investments | ||||||
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| E | ||||||||
| Gains/(losses) | on listed | investments | 268,614 | 673 | 269,287 | |||
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2020 | ||||||
| E | F | |||||||
| Gains/(losses) | on listed | investments | (100,238) | (251) | (100,489) | |||
| 15. | Net income/(expenditure) | |||||||
| Net income/(expenditure) | is stated after | charging/(crediting): | ||||||
| 2021 f |
2020 F |
|||||||
| Depreciation | oftangible | fixed assets | 32,987 | 32,987 | ||||
| Auditors | remuneration | 5,850 | 5,850 |
| Staff costs | Yea | r ended 31 March 20 | 21 | |
|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2021 | 2020 | |||
| E | ||||
| Wages and salaries | 254,988 | 277,829 | ||
| Social security costs | 10,781 | 12,926 | ||
| Employer contributions |
to pension | plans | 13,719 | 15,448 |
| Other employee benefits |
63,480 | 11,231 | ||
| 342,968 | 317,434 |
| The average | The average | head count of employees | head count of employees | during | the year was | 24 (2020: 29). The | average | number |
|---|---|---|---|---|---|---|---|---|
| of full-time | equivalent employees |
during | the year is analysed | as follows: | ||||
| 2021 | 2020 | |||||||
| No. | No. | |||||||
| Leaders | 7 | 8 | ||||||
| Other direct | charity workers | 15 | 19 | |||||
| Caretaking | and cleaning | 2 | 2 | |||||
| 24 | 29 |
| The Trustees did not receive any remuneration N il). Tangible fixed assets |
or reimbursed expen |
ses during the |
year (2020 |
|---|---|---|---|
| Land and | |||
| buildings | Equipment | Total | |
| F | |||
| Cost | |||
| At 1 April 2020 and 31 March 2021 | 2,220,873 | 52,431 | 2,273,304 |
| Depreciation | |||
| At 1 April 2020 | 202,213 | 19,422 | 221,635 |
| Charge for the year | 32,987 | 32,987 | |
| At 31 March 2021 | 235,200 | 19,422 | 254,622 |
| Carrying amount |
|||
| At 31 March 2021 | 1,985,673 | 33,009 | 2,018,682 |
| At 31 March 2020 | 2,018,660 | 33,009 | 2,051,669 |
| Listed | |||
|---|---|---|---|
| investments | |||
| Cost or valuation | |||
| At 1 April | 2020 | 1,374,872 | |
| Additions | 185,224 | ||
| Disposals | (248,674) | ||
| Net gains | on revaluation | 233,569 | |
| Increase | in cash held as part ofthe investment | porffolio | 24,848 |
| At 31 March 2021 | 1,569,839 | ||
| Impairment | |||
| At 1 April | 2020 and 31 March 2021 | ||
| Carrying | amount | ||
| At 31 March 2021 | 1,569,839 | ||
| At 31 March 2020 | 1,374,872 |
| market value) | at the balance sheet da |
te. | ||||
|---|---|---|---|---|---|---|
| 2021 | ||||||
| Market | 2020 Market | |||||
| 2021 Cost | 2020 Cost | value | value | |||
| E | E | |||||
| UK Property | 36,456 | 36,456 | 32,067 | 30,658 | ||
| Other listed investments | 1,002,487 | 1,058,386 | 1,486,344 | 1,317,634 | ||
| 1,038,943 | 1,094,842 | 1,518,411 | 1,348,292 | |||
| UK Cash held | as part of portfolio | 51,428 | 26,580 | 51,428 | 26,580 | |
| 1,090,371 | 1,121,422 | 1,569,839 | 1,374,872 | |||
| 20. | Stocks | |||||
| 2021 | 2020 | |||||
| E | ||||||
| Raw materials | and consumables | 300 | 300 | |||
| 21. | Debtors | |||||
| 2021 f |
2020 E |
|||||
| Trade debtors | 3,081 | 4,507 | ||||
| Prepayments | and accrued income | 9,901 | 30,770 | |||
| Other debtors | 796 | 692 | ||||
| 13,778 | 35,969 |
| Creditors: amo | unts f |
alling due within one year | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Bank loans and | overdrafts | 25,565 | 17,449 | |
| Trade creditors | 14,965 | 15,451 | ||
| Accruals and deferred | income | 994 | ||
| Social security | and other taxes | 4,679 | ||
| 46,203 | 32,900 |
| Credi | tors: | amo | unts falling due after more than |
one year | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Bank | loans | and | overdrafts | 240,808 | 207,450 |
| Re a able | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| After more | |||||||||||
| Within | One to | Two to | After five | than | TOTAL | TOTAL | |||||
| one year | two years | five years | years | one year | 2021 | 2020 | |||||
| As | at | 31 | March | 2021 | 29,196 | 28,596 | 82,306 | 77,331 | 188,233 | 217,429 | 183,757 |
| As | at | 31 | March | 2020 | 28,235 | 27,546 | 78,673 | 49,303 | 155,522 | 183,757 | 201,467 |
| At | Gains and | At | ||||
|---|---|---|---|---|---|---|
| 1 Apr 2020 | Income | Expenditure | Transfers | losses 31 Mar 2021 | ||
| E | E | E | F | |||
| General funds | 680,450 | 297,050 | (463,552) | (3,687) | 268,614 | 778,875 |
| Fixed asset | ||||||
| reserve | 1,030,290 | (32,987) | 997,303 | |||
| Designated | ||||||
| contingency | ||||||
| reserve | 352,000 | 352,000 | ||||
| 2,062,740 | 297,050 | (496,539) | (3,687) | 268,614 | 2,128,178 | |
| At | Gains and | At | ||||
| 1 Apr 2019 | Income | Expenditure | Transfers | losses 31 Mar 2020 | ||
| F | E | E | f. | |||
| General funds | 778,935 | 458,838 | (457,085) | (100,238) | 680,450 | |
| Fixed asset | ||||||
| reserve | 1,063,277 | (32,987) | 1,030,290 | |||
| Designated | ||||||
| contingency | ||||||
| reserve | 352,000 | 352,000 | ||||
| 2,194,212 | 458,838 | (490,072) | (100,238) | 2,062,740 |
| Restricted | funds | ||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | At | |||||
| 1 Apr 2020 | Income E |
Expenditure f. |
Transfers E |
losses 31 Mar 2021 f |
|||
| Y 8 H Regional | |||||||
| Trust Fund ESF- |
168 | (168) | |||||
| Groundwork | (4,000) | 313 | 3,687 | ||||
| Leeds City | |||||||
| Council | 400 | (400) | |||||
| West Yorkshire | |||||||
| County Netball |
650 | (650) | |||||
| (3,832) | 1,363 | (1,218) | 3,687 | ||||
| At | Gains and | At | |||||
| 1 Apr 2019 | Income | Expenditure | Transfers | losses 31 Mar 2020 | |||
| E | F | E | E | F | |||
| Friends of | YMCA | 6,951 | (6,951) | ||||
| Leeds City | |||||||
| Council | 306 | (306) | |||||
| HAVA | 664 | (664) | |||||
| Movement | Trust | ||||||
| Fund | 18,275 | (18,275) | |||||
| Douglas Wood | 8,000 | (8,000) | |||||
| Marks &Spencer | 500 | (500) | |||||
| Leeds CC | |||||||
| Wellbeing | 5,000 | (5,000) | |||||
| Sir George | Martin | ||||||
| Trust | 5,000 | (5,000) | |||||
| Y & H Regional | |||||||
| Trust Fund ESF- |
2,000 | (1,832) | 168 | ||||
| Groundwork | 16,000 | (20,000) | (4,000) | ||||
| Good Things | |||||||
| Foundation | (313) | ||||||
| 970 | 62,039 | (66,841) | (3,832) |
| At | Gains and | At | |||||
|---|---|---|---|---|---|---|---|
| 1 Apr 2020 | Income | Expenditure | Transfers | losses 31 | Mar 2021 | ||
| F | E | E | E | ||||
| Central | (Albion | ||||||
| Place) | Capital | ||||||
| Trust Fund | 1,021,379 | 1,021,379 | |||||
| Lawnswood | |||||||
| Sports | ground | ||||||
| Capital | Trust | ||||||
| Fund | |||||||
| FW Spruce | |||||||
| Charity | Fund | 3,491 | (36) | 673 | 4,128 | ||
| 1,024,871 | (36) | 673 | 1,025,508 | ||||
| At | Gains and | At | |||||
| 1 Apr 2019 | Income | Expenditure | Transfers | losses 31 | Mar 2020 | ||
| F | F | F | F | ||||
| Central | (Albion | ||||||
| Place) | Capital | ||||||
| Trust Fund | 1,021,379 | 1,021,379 | |||||
| Lawn swood | |||||||
| Sports | ground | ||||||
| Capital | Trust | ||||||
| Fund | |||||||
| FW Spruce | |||||||
| Charity | Fund | 3,779 | (37) | (251) | 3,491 | ||
| 1,025,159 | (37) | (251) | 1,024,871 |
| Analysis | of net as | sets | between f |
unds | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | ||||
| Funds | Funds | Funds | 2021 | ||||
| F | F | ||||||
| Tangible | fixed assets | 997,302 | 1,021,380 | 2,018,682 | |||
| Investments | 1,565,711 | 4,128 | 1,569,839 | ||||
| Current | assets | 69,605 | 69,605 | ||||
| Creditors | less than | 1 year | (46,203) | (46,203) | |||
| Creditors | greater than | 1 year | (240,808) | (240,808) | |||
| Defined | benefit pension | (217,429) | (217,429) | ||||
| Net assets | 2,128,178 | 1,025,508 | 3,153,686 | ||||
| Unrestricted | Restricted | Endowment | Total Funds | ||||
| Funds F |
Funds E |
Funds E |
2020 f |
||||
| Tangible | fixed assets | 1,030,289 | 1,021,380 | 2,051,669 | |||
| Investments | 1,371,381 | 3,491 | 1,374,872 | ||||
| Current | assets | 81,178 | 168 | 81,346 | |||
| Creditors | less than | 1 year | (28,900) | (4,000) | (32,900) | ||
| Creditors | greater than | 1 year | (207,450) | (207,450) | |||
| Defined | benefit pension | (183,758) | (183,758) | ||||
| Net assets | 2,062,740 | (3,832) | 1,024,871 | 3,083,779 |
| Operating | lea | se commit | ments | ||||
|---|---|---|---|---|---|---|---|
| The total | future | minimum | lease payments | under non-cancellable | operating | leases are | as follows: |
| 2021 | 2020 | ||||||
| F | E | ||||||
| Not later than | 1 year | 528 | |||||
| Later than | 1 year and not | later than 5 years | 4,742 | 9,225 | |||
| 5,270 | 9,225 |