Company number: 3061837 YMCA DERBYSHIRE IA Company Limited by Guarantee) FINANaAL sfATEMENTS YEAR ENDED 31 JULY 2022 Company Number.. 3061837 Charlty Number: 1049904 Regulatof ol Soclal Houslry Reference.. H4085 YMCA DERBYSHIRE FINANCIAL STATEMEiYrs YEAR ENDED 31 JULY 2022 CONTENTS Page Reference and Adminlstrative details Report of the Trustees 2-12 Independent Auditor Report 13-16 Income and Expenditure Account 17 Con501idated Statement of Financiol Attwities 18 Consolidated Balance Sheet 19 Charity Balance Sheet 20 Consolidated Statement of Cash Flows 21 Notes to the Flnancial Statements 22-44 YMCA DERBYSHIRE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 REFERENCE AND ADMINISTRATIVE DEfAILS STATUS A Company Llmiied by Guarantee, ReBlstered Provider of Social Housin8 and Reglstered Charlty. DIRECTORS (WI￿ are also Trusteesl J P Smlth Ichair-appointed january 20221 M A Gordon IChalr- reslgned January 20221 H M Wlgglesworth TJ Penter (Treasuferl A I Walker O Mills Iresi8ned january 20221 S J Bradley K M Brlerley J L Davles Canon l Hollywell E Mackenzie Iresi8ned-January 20221 Cjudson lappointed June 20221 I Shakoor (appointed June 20221 K Henshaw (appointed June 20221 J Summer5 lappotnted June 20221 SEaiETARY K Jackson SENIOR MANAGEMENTTEAM G H sewell Ichlef Executlve Officer) A M Am5trong (Depity Chief ExecutlvelDlrector of Finantel LCuTd (Dlrector of Lifelong Learnlngl CA Gillespie IDlrector of Housing) REGtsTERED OFFICE 770 London Road Wllmorton, Derby* DE24 8 COMPANY REGISTRATION NUMBER 3061837 IEnglat)d and Wales? REGISTEREO C+IARITY NUMBfR J49904 REGUIATOR OF SOCIAL HOUSING REFERENCE H4085 AUDITOR Dalns Audlt Umlted Sulte 2 Alblon House, 2 Etrurla Office Vlllage, Forge Lane, Etrurla,Stoke on Trent, STI 5RQ BANKERS Natlonal Westmlnster Bank plc 7 Market Place, Derby, DEI 3ZF SOLICITOAS Anthony Collins LLP 134 Edmund 5treeL Blrmin8h3m,83 2ES YMCA DERBYSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 The Trustees who are also d1￿CtorS of the Charity for the purposes of the Companies Act 2006, present thelr report with the financial statements of the Charity for the year ended 31st July 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and report5ng by charities, effective from January 2019. The Trustees have also had regard for compllan wlth the Statement of Recommended Practice for reglstered soclal houslng providers 2018 ISORPI, the Housing and Regeneration Act 2008 and the Accountlng Directlon for private reBlstered providers of social housing 2019 where applicable to the housing operations of the Charity. OBJEcfivES AND ACTIVITIES Charltsble oblectlves YMCA Derbyshlre I'the compan¢ or "the Charlty") is establlshed with charitable objertives and is affillated to the National Councll of Young Men's Christian A550ciatlon Ilncorporatedl. It forms part of the YMCA movement world-wide, which is a Christian movement. It welcomes Into It5 fellowshlp persons of other religious falths and of none. The Charity, a Chrlstian organisation. endeavours to provlde young people and others with,. a) The provision of education wlth the objective of developlng their physical, mentsl or splrltual capacities; b) The provision of re5identlal accommodation or rellef to those who are In need, hardshlp or distress by reason of thelr social. physical or economic circumstances,. c) The provlsion of support and 8uidance with the objective of improvlng their self-esteem, confidence and Ilfe skllls,. and d) The provisTron of leisure facilities With the objective of improvlng thelr conditions of Ilfe. Strategy The Board's strategy for achieving these aim5 15 to deliver a range of houslng, support. education and employment options offering high quallty Information, advlce and guidance to enable those working towards independent living to make safe and effective choices. The Board also actively ensures the delivery of holistic childcère and youth service provision for local families and communities. To 5UPPOrt our strète8y in relation to Housin8 we have Incorporated a trddlng subsidiary to support the development of new build property. Publlc beneflt YMCA Derbyshlre assists young people and their communitles by offering safe accommodation cholces, independent living programmes, vocational tralnlng and education, worklessne5s and economlc well- being programmes, advocacy, enterprise activities, famlly work includlng extended schools and mentoring services. The Trustees are of the opinion that allthe purposes of YMCA Derbyshire are forthe benefitof the public. In thelr capaclty as Trustees, they consider that they have complied wlth thelr duties under sertlon 4 of the Charities Act 2006 to have due regard to publlc beneflt guldance publlshed by the Charity Commission. Value for Money YMCA Derbyshire fully efflbraces the principles of value for money in all of its operations and in the delivery of its seNices. However, the trustees acknowledge that YMCA Derbyshire is currently not fullv compllant wlth the Regulator of Soclal Housln8'5 Value for Money Standard. YMCA Derbyshire has not calculated the seven metrics which are mandatory under the standard and therefore we have not been YMCA DERBYSHIRE REPORT OF THE TRUSTEES YEAR END£D 31 JULY 2022 able to benchmark our performance against other Similar landlords. We intend to calculate and publlsh the metrics from 2022123 onward5 and ensure that we are fully compllant with the stsndard in future. Slgnlflcant actlvltles The work of the YMCA Derbyshire Is dlverse and includes houslng in supported premises. 5UPPOrt outreach work for people with a variety of 5UPPOrt needs, the provision of youth tralnin8 and support through a youth orientated campus. Houslng YMCA Oerbyshire is providing accommodation through 87 unlts of supported accommodation at the Campus in Derby with a further 70 unlts of move-on accommodation within the clty of Derby. We provide 17 unlts of supported accommodation In Amber Valley. Our Foyer provides a programme of preparSn8 individuals to live independently in the community,. It Is delivered through a team of housing navigators augmented by programme5 of grant funded support and a variety of activities organised by both staff and service users. We continue to operate an ex-offenders housing project in partnership with the probation 5ervlce and Derby Homes with a further 13 units of accOmmodat￿n. New this year is a partnership with Derby Clty Council to help reduce the reliance on B&B emer8ency housing for famllles wlth young chlldren. Support & Advlce Buildlng Better Opportunities18BOI projects are now In thelr slxth and flnal year, with YMCA Derbyshire currently delivering on two strands Opportunity and Change Icomplex Needs) and Money Sorted. Acros5 the length of the funding these will deliver 5UPPOrt around employment, training and financial Inclusion to over 350 people not in employment. other support activity includes funding from Public Health to create a Sexual Health Toolklt for other youth providers called Safer Choices. The Foyer now has it5 own Youth Worker who is provldin8 much needed support and advice sessions for our youn8e5t residents. Youth and ¢ommunltles We provide a range of seNice5 and attniltles to support the health and wellbeing of residents, students, and staff. These include retreat days and a chaplaincy service alongside a range of activities on our allotments. We continue to provide a psychotherapy 5ervlce whlch Is avallable to all residents, students, and staff. Lifelon8 Learnln8 In June 2021 the role of the Dlrector of Lifelong Learning was introduced into the leadership team at YMCA Derbyshire, This role is focussed on driving fonvard the development of Lifelong Learning hL¢bs within the communitie5 we se￿e to ensure that we are offerln8 formal and informal learning opportunities to support the development of their heabth, well-being, and social mobility to all ages. Our Life Long Learnlng provislon covers the followln& YMCA DERBYSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 YMCA DERBYSHIRE Life Long Leorning n19+ 16-25 n16-18 5-11 Derwent Stepplng Stones IDSS}- Earty years educatlon and chlld care In January 2022 YMCA Derbyshlre was approached by Derwent Stepping stones as a partner to work with to enable them to secure their future sustainabillty- The Lifelong Learnlng team at YMCA Derbyshire had been seeking to broaden our portfolio to include nursery provision to make our offer truly lifelon& Startin8 at (k4 years. The vislon, mission, and values of the two organisations allgn, and we believe that together we can further develop our services in family work to support more people acro55 Derbv and Derbyshire. The merger took place on 3rd October 2022 and together we will ensure families in local communitles can galn access to sustainable, hl8h-quality, flexible, and affordable childcare initially from the current Oerwent stepping Stones sites on St Marks Road In the Derwent ward and St James Centre in the Normanton ward. In the future. our alm 15 to expand into new areas across Derby and Derby5hlre as opportunities arise. Y Kidz Under the banner of Y-Kldz, YMCA Derbyshire works with prlmary schools across the county to deliver high quality teaching support, lunchtlme cover, breakfast and after-school clubs (wraparound carel as well as holiday activlty club5 and sports clubs primarlly for children aged between 4 to 11. Key College YMCA Key College, as part of YMCA Derbyshlre, provldes education for 16 - 19 year old students plus those a8ed 19 to 24 wlth an EHCP through the Education and Skills Funding Agency funded IESFAI Study Programmes. Thls Is split across campuses in Derby and Ilke5ton. Ourcurriculum offer includes Childcare, Social Care, Retail, Building Trades, Hospitallty, Digital Skllls and Business Adminlstration, wlth all Study Programmes containlng maths and English to support the vocational learnin8. In addltion to the study programmes. other courses are delivered across a range of quallficatlons on behalf of local schools In Derby and Ilkeston with Hospitality and Dlgltal Skills provlng particularly popular. YMCA DERBYSHll4E REPORT OF TRUSTEES YEAR ENDED 31 JULY 2022 Adult provlsion 19 plus Current provision for those aged above 19 is delivered through the Building Better Opportunities programme but this fiJndin8 will come to ari end in March 2023. Therefore 2021-22 has been a year of exploration of new funding source5 to focus development work on to ensure continuity of support for our residents. These are identified on the diagram above and will come into operation from 2022-23. ACHIEVEMENTS A full list of the Charlty's objectlves and achlevements can be found in the Annual Report. This can be found at www.ymccderbyshlre.org.uk or by writing to the Charlty's registered office. Houslng and Support Housing ènd support have been able to help people of dlfferent ages and background5, Durin8 the year we helped 369 residents wlth an array of complex challenges into Supported houslng and provlded bespoke support and coachin8 packages aimed at enabling independence. 81% of our residents were satisfied with the 5erwice they received. Foyer Federation endorsement ha5 been maintained and we are currently awaitlng our new grading. This year has contlnued to be challenging In the new °post pandemic" world however, we were able to support 127 people into permanent, settled accommodatlon, 104 people gained a qualificatlon, and 6 of our young people gained university places. New this year Is a partnershlp with Derby City Council to help ￿du￿ the reliance on B&B emergency housing forfamilie5 With young children. We currently have 2 families being supported. We have entered new partnership wlth Leonard Cheshire to act as the landlord for a 17-unit extra-care scheme for people with Leaming Disabllities in Amber Valley which was mobillsed late in the financial year and has been operational since early August 2022. Lifelong learning Derwent Stepping stones Due diligence has been completed to allow DSS to become a wholly owned subsldiary of YMCA Derbyshlre commencin8 in October 2022. Key College In 2021122, 74 % of those students starting on our programmes completed the core aim of the ESFA study programme. Key College has continued to draw a majority of students from areas identified as deprived, with 60 % of learners coming from the 30% most deprived areas in England. Key College has continued to nurture young people with a broad range of learnin8 needs wlth 44 % of our students identlfy as having special education needs or disabilities I'SENWI. 16 % of our students were on the autism spectrum la prevalence eight tlmes higher than the general population) and 2 % of our students had mental health difflculties. Both the Level 2 ca￿ Study Programme and the Level l Digltal Ski115 Study Programme have proven sustainable, with the Digital Skills pro8ramme being further developed to Include a qualification In Busine55 Admini5tratlon. A new Entry Level Study Programme entltled "Introductlon to Buildlng Trades" has been launched for 2022123 and is recruiting strongly. It seems to be meeting an unmet need for SEN-accessible provlsion in that sector at that level. YMCA DERBYSHtRE REPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 A little under half of our students Ilve In Uni Connect outreach wards which are wards with lower than expected higher educatiOA participation. Key College continues its partnership project with the University of Derbyi which is opening up posslbilities students had not previously considered. There have been multiple students who have applled to the universlty this year,. a stark contrast to two year5 ago when no Key College student had ever gone directly to unlversity- Progresslon for our students thls year has typlcally been into education or employment wlth 32 students 801ng on to further education, 26 into employment, 8 students remalning on programme into 2021122, I student having gone to university and another being supported with her application. All subjert areas were separately audlted by City and Gullds or NCFE and we maintained direct claim status {where appllcablel In all cases as recognition of the continued quality of the provision we offer. Matrix re-accreditation was achieved recognising the quality of the Informatlon, advice and guidance given. YMCA Key College undertook a wellbelng project with Derbyshlre Wildlife Trust which improved student wellbeing after the lockdown. Students also participated in visit5 to a local forest school. Y Kidz Durlng the year the Y-Kidz team continued to work at three primary school sites- two in Derby and one t Weston on Trent, supporting schools to meet their PE and sports need5. providing busy famllles with safe and supportive childcare with our before and after school clubs and enabling hundred5 of chlldren to access fun and exclting holiday clubs. The new provlslon at Weston on Trent has been sustslned and provision at St John Fisher Prlmary has been launched for 2022123. Quality stsndar(I We were successful in the 2021122 audit of the IS09001:2015 standards. We were also successful In an Inspection for the Matrix Quality Standard and the renewal of our CredAbility Award. Involvln8 people YMCA Derbyshire employs a range of methods of engagement to allow people to partlclpate effectively and is able to demonstrate that feedback influences our pollcy development. Fundralslng actlvities The Charivs fundralsing activlties combine the ralsing of donations, the application for grants to provide seNices within the Charlty's scope of operation, and the operation of Hospitality Services at the Campus and Marble Hall in Derby. The Covid-19 pandemic had an impact on the charities fundraising and saw the charity try new events to continue to raise vital funds. The Charlty Is extremely grateful to the large number of donors who have contributed to the funding of the Charity through a variety of events and through one off and regular donations. The Sleepeasy event In March 2022 ralsed £28,978 through local people belng sponsored to sleep fOU8h for a night. In total, grant funding received in the year was £401.942. Detalls of grants received are included in the notes to the accounts. YMCA DERBYSHIRE RKPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 Extemal and Internal factors affecting perfom)ance External The COVID 19 pandemic had a greater flnancial impact on our core projects In the last year wlth housln& Key College, Y Kidz and fundralsin8 all Impacted In different ways. Each are now steadily recovering with other challenges now belng managed. We are seeking to manage the impact of the cost of living crlsls on both beneficiarie5 and staff as demand for Se￿ICe5 increases and staff costs rise. We have committed to being a Real Livlng Wa8e employer as part of our response to these challenges. Whilst we have been able to manage the impact of energy cost rise5 through the use of long temi contracts thi5 has the potential to impact on our cost base significantly In 2023-24. Vold levels Wlthin Housing were runnin8 at unprecedented high levels but have now recovered. Thls was in part due to a reduced level of referrals durlng the pandemlc but also demonstrates a change in the type of property acceptable to potential residents, with a partlcular concern around having to share bathroom facilities. We continue to remodel our houslng Portfolio away from shared accommodatlon towards self contained unlts to meet the needs of our beneficlary group. The recruitment process for the Key College ESFA contrart is contlnuin8 With number5 of students reduced from pre pandemic years, although thls Is beln8 partially offset by strong take up of Alternatlve provlslon service5. Y Kldz Income was reduced as wraparound seNices were replaced by school run Key Worker 5UPPOrt provision but income ha5 returned to near normal levels and we have been able to expand our se￿ICe$ into new schools, Our ability to fundraise through events Was 5ignlficantly curtailed durlng the pandemic but 15 returning to more normal levels as we reintroduce events such a5 the fundraisin8 dinner and Golf Day. Internal The Board continues to act to ensure that the Charity remains sustainable as income sources fluctuate whilst being aliBned to the needs of its beneficSaries. YMCA Derbyshire remain5 a going concern and has sufficient capacity to continue to determine its own future. A significant part of the strategy to remaln 5UStainable Involves diversification of income streams through a 2020-2030 business plan for Housin& Life Long Learning lincorporatlng Early years, Key college and Y Kidzl, and Youth and Community work supportlng beneficiarie5 of the core servlces as well a5 the wider community that we seNe. The senior leadership team continues to ensure the charity remalns strateglcally relevant by undertaking research and development in all areas of servlce. The staffing structure remains under review, with changes made responding to operational and financial need. FINANCIAL REVIEW Investment pollty The companvs powers of investment are set out In Its Memorandum of Association. In addition, the company ha5 adopted an Investment policy, which the Board reviews regularly. Thi5 requlres investment of the company's fund5 to be in accordance with prudent, ethlcal and minimum rlsk criteria. Results forthe perlod There has been a net Inc￿aSe in funds In the year of E81,64112021- Increase of £1,025.1601. We aim to maintain the level of surplus at around 5% of turnover to enable the creation of funds for investment in new projects and the rebuilding of rese￿e5 although had planned for a lower surplus thls year as we invest In development resources for Llfelong Leaming In particular. We contlnually seek ways of developing the seNlces we offer whllst ensuring that we remain financially sustainable. YMCA DERBYSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 Pollry on flnan¢lal reserves The Charity has various funds avallable to finance Its attivities. Unrestrlcted funds are funds that are expendable at the discretion of the Board in fvrtherance of the Charit￿5 objectives. Such funds may be designated by the Board for a particular project or purpose. The general fund is the amount of unrestricted funds that has not been designated. The Board recoBnlses the need to establish a level of free rese￿e5 that enables financial stsblllty to ensure our responsibilitles to our beneficlaries can be maintained. These funds meet the requirements for worklng capital and art as a cushion against fluctuatlons in income levels and in the financial perfomante of the Charity. "Free reserves. for this purpose are deflned as unrestricted net current ssets les5 amounts designated for specific purposes. Creditors due after more than one year have been excluded from the definitlon of free rese￿e5 wlth the expectation that funds wlll be derived from the assets funded to meet these liabilities as they become due. The target for free reserves is reviewed on an on goinB basis and has been set having regard to key areas of risk. The Board's target for free reserve5 Is between two and three months of expected operatin8 expenditure. At the end of July 2022 this eqLtates to a level of free reseNes between £0.8m and £1.2m. As at 31 July 2022, free reserves were £157,625 12021., £339,854) wlth the reductlon due to an Increase in funds set aslde for planned maintenance and reserves temporarily Invested in the construction of flats at Cotton Lane. Derby. Fund5 have been designated in relatlon to future periodic maintenance of the ChariV5 property based on a continuinB programme of planned malntenance and also for the development of strategic housing projects. Artlon to rebuild ￿serveS towards the target level is being taken but this may take a number of years as the Charity prepares for future investment in new pro5ects. Restricted funds Where a donor ha5 placed restrictlons on the use of funds, these are included within restricted funds. Full details of the restrlcted funds are included in note 14 to the financial statement5. The Board considers that YMCA Derbyshire has sufficlent assets to meet Its obligations as they arlse. Golng cortern assessrnent In spite of the impact of COVID 19 on some of our servlces the overall financial performance of the Charlty remains strong. YMCA Derbyshire reported a cash inflow for the year of £143.432 and at 31 July 2022 wa5 holding £811,749 in cash balances. Based on projections for the next year, the Tru5tee5 are of the view that the amount of cash reserves held secure the Immedlate future of the Charity and on that basis the Charity is a goin8 concern. FUTURE DEVELOPMENTS The Charity is enterin8 year two of its business plan for all core areas whilst continuing operatlonal and financial growth in all areas of seNlce includin8 the introduction of early years and a 5ignSflcant capital housing bulld. Keyto ourfuture sustsinablllty and growth Is the contlnued development and remodelllng of our houslng stock. Post pandemic we are seeking to move away from shared accommodation to provide more self contalned units across the city and the county. We have achieved planning permission and funding for 60 self contained flots in Derby wlth the constructlon process expected to go on site at the beginning of 2023. We are also working with local aLrthorities in the county and the blue skies consortium to develop a 40 bed county Foyer to be augmented by further self contained move on accommodation alongslde worklng with Derby City Councll, Derby Homes and Derby diocese to develop affordable and supported housing. We are continulng to broaden our servlces and are aiming to increase the number of familles being supported out of bed and breakfast accommodatlon as properties become available. We are also seeking to expand our range of family support to Include those impacted by domestic violence as well YMCA DERBYSHIRE REPORT OF THE TRUSTEES YEAR ENDED 31 JULY 2022 as entering Into a partnership with Leonard Cheshlre to provide a 17 bed extravements- Year to 31¥t July 2022 Other reco8nised Gains & Losses £'ooo Net Movement Incoming £'ooo Outgoin8 Unrestrirted funds: General reserve 3,614,746 13,266,078) 727,000 1,075,668 Deslgnated funds Planned Periodic Maintenance Revaluation reserve Resident5 fund Learners Fund Campus New Build Strateglc Development Fund Total desl8nated funds Total unrestrlrted funds 120,2571 (20,257) 1,000 (2,140) 1,000 12,140} 14,8001 127,1971 {3.293,2751 1,0 126,1971 728.iJ)0 1,049,471 3,614,746 Restrlcted funds: Children In Need- Young mothers Children In Need - Employablllty Derby Homes- This 15 Derby project BBO Grants Foundation Derbyshire - Jefford Weller Charitable Trust of Toyota UK Soclety of Motor Manufacturers Homeless Link Grant Paul Hamlyn 2 Grant Covid Foundation Derbyshlre Morrisons National Lottery Asda YMCA England- Move on fund Foundotion Derbyshire- Move on fund Derby Home5- Psychotherapy Derbyshire Communlty Health Duke of Devonshire HAF project Derby County Communlty Trust Digital growth fund EFA Bursary Fund Total restrlrted funds 16,154 28,829 75,000 158,125 2.000 116,1541 117,3711 154,482} 1158,1251 12,1)001 11,6941 (4981 119,9381 114,1201 129,2121 13,4461 113,9101 13481 12,5441 12,0001 13.3331 11,958 11,458 20,518 11,6941 14981 119,9381 114,1201 129,2121 13,4461 113,9101 13481 i.(xJo 12,OJOI 1,667 652 5,(KlO 2,610 28,080 7,120 17,8001 20,280 7,120 14501 11,390} (24,311) 728 000 1 025 160 14501 {17,4411 16,051 342,513 3 957 259 (366,824) 3 660 099 Total funds 38 YMCA DERBYSHIRE NOTES TO THE FINANCIAL STATEME14TS YEAR ENDED 31 JULY 2022 IQSTATEMENT OF FUNDS (contlnued) Funds Commentary Unrestrlrted Funds: Deslgnated Furth (IncludlnB Transfers) Plonnedperiodi¢ malntenance YMCA Derbyshire ha5 Put aside a sum of money each year to cover major repalr liabllities and to allow for planned periodic malntenance and renovations. Additional reserves of £120,000 have been transferred during the period. Resldents Fund The residents fund has been created by de5ignatlng variou5 sundry income streams to fund ad hoc needs of residents Iboth indlvidually and corporately) as they arise. Examples of expenditure in the period are travel cost to interviews and the purchase of clothlng for interviews among other things. Learners Fund The learners fund has been created by de5ignatlng various sundry income streams to fund ad hoc needs of learners11)oth individually and corporately) as they arlse. Strateglc development Fund The strateglc development fund was creotsd to enable development in new activitles. The fund Is currently desi8nated to support the development of new bulld housing, Generalfvnd The general fund represents the balance of funds whlch are not designated or restricted. Restrlcted funds Fundralser These donations have been received to support the work of the YMCA Fundralser post. Chlldren in Need- Employablllty Thls grant supports young people on their pathway to employment through the employment of an Employability Coach who works With young people to build skllls and employersto facilltate successful work experience. Derby Homes- Thls Is Deth prolert/Youth alllan¢e These grants have enabled YMCA Derbyshire. Baby People and Oerby County Communlty Trust to work togetherto enable Youth Workers to support the most hard to reach young people across Derby. Delivering various artivlties including arts, sports, mentorin8 and youth clubs, over 2(JXJ youn8 people have been supported both face-to-face and virtually as a result of the projert. Building BetterOppt>rtunltles We are active In three strands to this ESF based funding- Opportunity & Change, Towards Work and Money Sorted. All three provide tailored advice. 5UPPOrt and signpostiftg to indivlduals to move them closer to employment. 39 YMCA DERBYSHIRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 IQSTATEMEMf OF FUNDS, contlnued YMCA England and Wales- Move onfvftd/Room sponsor/ollotments These grant5 were received to provide support to residents and move on packs for ￿sIdentS a5 they move into new properties alongside support of work at the Wilmorton allotments. Derby Homes- Psychotherapy This grant was recelved to help provide psychotherapy support to our resldents Derbyshire tommunltyhealth gmnt This funding enabled YMCA Derbyshire to begin the Safer Cholces project, supporting young people to explore and understand safer relationships and provide sexual health advice. NHS sexual health prolert Thi5 funding enabletl YMCA Derbyshire to undertake the Safer Choices projert, supporting young people to explore and understand safer relationships and provide sexual health advice. Poverty Truth commission gffjnt Thls grant covers the cost of events to Identify community champions to support the work of the poverty truth commisslon Youth and Communitiesfvnd This fund has been created from restricted donations to support the youth and communities work of the charity. Allotmentsfvnds Ilnc grnntsfrom B & 11 NHS. andAsdo) Fund5 from grants and donatlon5 to support the work of YMCA Derbyshire at the allotments in Wilmorton, Derby. Duke olDèvonshlre Choritoble Trust This grant has been received to fund health and wellbelng actlvities for Key College students. Derby County Communlty Trust- student heofth and wellbelng Thls Brant is providing YMCA Key College students the opportunity to access health and wellbelng activities, psychotherapy sessions. mentorlng support, careers advlce and work placement opportunitie5. Klcksturtprojert Grant funding to provide support for apprenticeshlps wlthln YMCA Derbyshi Derby Colleqe/CommunltyActlon- frnnsltlon grant This grant covers the provision of mentoring and well belng SUPPOrt for young people transltionin8 into post 16 educatlon 40 YMCA OERBYSHIRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 14.STATEMENT OF FUNDS, contlnued HAFproJect Thls grant has been received to SUPPOrt the provlslon of holiday actlvitles inclusive of a main meal for those entitled to free school meals. EFA bursoryfvnd The EFA bursary fund 15 provided by the EFA to enable support to learners In need through the provision of bursaries or the covering of expense5 for necessary food, travel and materials. 15.ANALYSIS OF NET ASSETS BEfwEEN FUNDS Net current Assets Year ended 31°July 2022 Fixed Assets Long term Llabilities 31" July 2022 Restricted funds Fundraiser Children In Need - Employablllty Oerby Homes- Thi5 is Derby project YMCA England - Allotments Derby Homes- Psychotherapy Derbyshire Community Health Youth and Communitie5fund Allotments fund 8 & Q grant lallotments} NHS grant {allotmentsl A5da lallotmentsl Duke of Devonshire Derby CoLsnty CommunityTrust Derby College Transltlon Mentorin8 HAF project EFA Bursary Fund Total restrfrted funds 1,913 1,844 1,913 794 794 93,999 12,5CMJ 2,528 2,064 717 93,999 12,500 2,528 2,064 717 2,250 5,185 26,022 13,246 163,063 2,250 5,185 26,022 13.246 163,063 Designated funds Planned Periodic Maintenance Revaluation reserve Residents fund Learners fund Strateglc Development Fund Total deslgnated fund$ General fund 326,143 326,143 19.774 2,002 303 12,OC(I 360,222 19,774 2.(X)2 303 12,000 19,774 340,448 4,034,218 4,053,992 157,626 1581,3961 581,3961 1581,3961 3,610,448 3.970,670 Totsl unrestrlcttd funds 498,074 Total funds 4,053,992 661,137 4,133.733 41 YMCA DERBYSHIRE NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 JULY 2022 15.ANALYSIS OF NEf ASSETS BEfwEEN FUNDS (continued) Year ended 31StJuly 2021 Fixed Assets Net current LonB term A55ets Liabilitles 31"July 2021 Restrlcted funds Children In Need - Employability Derby Homes- This is Derby project Charitable Trust of Toyota UK Society of Motor Manufacturers Homeless Link Grant Paul Hamlyn 2 Grant Covld Foundation Oerbyshire Morrisons Natlonal Lottery A5da YMCA England- Move on fund Foundation Derbyshire - Move on Derby Homes- Psychotherapy Derbyshi￿ Community Health Duke of Devonshlre HAF project Derby County Communlty Trust Digital growth fund EFA Bursary Fund Total restrlrted fund5 11,458 20,518 11,458 20,518 1,000 1,667 652 2,500 20,280 7,120 1,667 652 2,500 20,280 7,120 7,825 73,020 7,825 73,020 Deslgnated fvnds Planned Periodlc Maintenance Revaluation ￿SerVe Residents fund Learner fund Campus New Build strateglc Development Funds Totsl deslgnated funds General reserve 225,594 225,594 19,774 967 303 19,774 967 303 12,000 238,864 12,0(Xl 258,638 19,774 3,999,577 339,852 1618,995) 1618.9951 1618,9951 3,720,434 3,979,072 Totsl unrestrlcted fund5 4,019,351 578,716 Total funds 4,019.3SI 651.736 4,052,092 42 YMCA DERBYSHIRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 16. ANALYSIS OF CASH PROVIDED BY OPERATING AcfiviTIES 2022 2021 Operatlng surplus/(defklt) Add back Depreclatlon charges Net interest paid/lreceivedl IProfitl/loss of sale of fixed assets Movement in worklng capital Cash provided by operatlng artivltles 81,641 297,160 78,514 91,911 15.322 8,278 126,1951 13.8701 135.687 173,8781 284,969 319,602 17.PENSION COMMITMEr YMCA Derbyshire provides a defined contribution Stakeholder Penslon for senior employees through Scottish Wldows and a scheme for other employees throuEh People's Pension. The employers, contributlons to the schemes are charged to the Income and Expendlture Account for the year ended 31 July 2022 were £145,32212021.. £124,639). The amount of pension contributions payable at the 31 July 2022 was £11,07112021-, £5,592). 18.LIABILITY OF MEMBERS The company is Ilmlted by guarantee and does not have a share capital. The liablllty of each member on wlndlng-up is restricted to a maximum of £1. At 31 July 2022 there were 12 full members of the company131 July 2021: 111. 19.LEASING COMMrrMENTS At 31 July 2022 the Group and Charity had aggregate commltments under non-cancellable operatlng leases as set out below: Land & Buildings 2022 Other Land & Bulldln8S 2021 Other 2022 2021 Operating leases expen5e'. Within l year Within 2 to 5 years Over S years 167,499 128,441 197,186 214,729 295,940 411,915 43 YMCA DERBYSHIRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2022 20. CAPITAL COMMITMENT5 The Group and Charity had no capital commitments at 31" July 202212021- £Nill. 21. RELATED PARTY TRANSAcfioNS An agreement between YMC4 Derbyshlre and YMCAD Property development Ltd was entered Into re the development of 60 flats at Cotton Lane. Derby. YMCA Derbyshire made purchases on behalf the subsidiary during the year of £57,313 and the outstanding creditor balance due to YMCA at 31 July 2022 was £68.776. There were no other ￿lated party transactlons durlng the flnancial year. 22, POST BALANCE SHEET EVENTS Derwent Stepping Stone5 Nursery and Communlty Training Centre IDSS) became a wholty owned subsidiary of YMCA Derbysh1￿ on 31d October 2022. The charity entered into a lease on 8 August 2022 to act as housing managerfor an extra-care project in Amber Valley (The Glebel. The initial term of the lease Is for 15 years with an annual rent of £198,9W.