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|||||||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|
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|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||||
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||||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|
##
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|||||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|
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|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|
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|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|
##
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|||||||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|
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|||||||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|
##
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##
|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|
##
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##
||||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|
##
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##
|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|
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|||||||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|
##
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##
||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|
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|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)|
##
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|||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|
##
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##
|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|
##
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##
|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|