## 



## 

|OperationalandFinancialReportandStrategicReport||
|---|---|
|WelcomeandIntroduction:ChairmanandChiefExecutiveOfficer|3|
|IntroductiontoYMCALondonCityandNorth|4|
|VibrantFutures2025|5|
|BusinessandFinancialReview||
|ValueforMoney|11|
|Volunteers|12|
|PartnersandFunders|12|
|FinancialReview|13|
|ReservesPolicy|13|
|GoingConcern|14|
|RisksandUncertainties|14|
|Lookingtothefuture|15|
|DirectorsandTrusteesReport||
|CorporateInformation|16|
|CorporateGovernanceInformation|17|
|StatementsoninternalcontrolsandTrustees'responsibilities|19|
|regardingregulatoryandstatutoryobligations||
|IndependentAuditor'sReport|22|
|FinancialStatements||
|StatementofComprehensiveIncome|25|
|BalanceSheet|26|
|Cashflowstatement|27|
|Notestothefinancialstatements|28-41|





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## 

|Metric|Definition|2023|2022|
|---|---|---|---|
|BusinessHealth||||
|OperatingMargin-|Operatingsurplusor(deficit)fromsocial|17.0%|(0.1%)|
|SocialHousing|housinglettings/turnoverfromsocial|||
||housinglettings|||
|Operatingmargin-|Operatingsurplusofdeficitoverall/turnover|7.5%|(1.8%)|
|overall|overall|||
|EBITDAMRIinterest|Earningsbeforeinterest,tax,depreciation,|161.5%|50.7%|
|cover|amortisation,majorrepairsincludedinterest|||
||cover%|||
|Development||||
|Newsupplyas%of||0.2%|1.0%|
|currentunits||||
|Gearing|Shorttermloans+longtermloans-cash|29.0%|31.6%|
||andcashequivalents+financelease|||
||obligations/Tangiblefixedassets:Housing|||
||propertiesatcost(currentperiod)|||
|Outcomes||||
|Reinvestment%|Developmentofnewproperties(housing)+|0%|0%|
||newlybuiltpropertiesacquired+workto|||
||existinghousingproperties+capitalised|||
||interestonhousingproperties+schemes|||
||completed/Tangiblefixedassetshousingat|||
||cost|||
|EffectiveAssetManagement||||
|ReturnonCapital|Operatingsurplusor(deficit)overall/total|3.7%|(0.7%)|
|Employed(ROCE)|assetslesscurrentliabilities|||
|Costperunit||||
|Headlinesocial||£13,325|£12,836|
|housingcostperunit||||



## 



## 

|•|ActionFunder|0||GreaterLondon|||IslingtonLocal|
|---|---|---|---|---|---|---|---|
|•|ArtsCouncil|||Authority|||InitiativesFund|
|•|CrownWorkspace|•||Groundworks|•||OakLondon|
||UKI|0||HamptonsCrouch|||PretaManger|
|•|Derwent|||End|0||MarigoldHealth|
|•|DunnsBakery|||HornseyParish|||Foods|
|•|FatMacy's|||Church|||Pivot|
|•|Friends&|•||HaringeyWorks|•||SaltersCompany|
||Supporters|0||IKEA|0||SidleyLLP|
|•|Cripplegate|•||Islington|•||StGilesChurchof|
||Foundation|||Community|||England|
|•|FindingRhythms|||FestivalsFund|•||TraversSmithLLP|
|•|FunRun|0||Islington|||Wesley'sChapel|
||Participants|||Community|•||YMCAEnglandand|
|•|GoLiveTheatre|||InfrastructureLevy|||Wales|
|•|GreigTrust||||0||YMCAMetTrust|
|Housingdeliverypartners:||||||||
|•|AlbertKennedy||0|HopeHouseEssex||0|<br>Nottinghamshire|
||Trust||0|HousingSolutions|||Council|
|•|AloneinLondon|||Service||0|OutwardHousing|
|•|BrainTree|||HomesforHaringey|||PilionTrust|
|•|BarnetHomes||•|<br>Justice.gov||0|ProvidenceRow|
|•|BeaconHouse||0|KentCouncil|||Riverside|
||Ministries||0|LeapCC||0|Sanctus|
|•|C4WSHomeless|||LondonBoroughof||0|Shelterfromthe|
||Project|||Hackney|||Storm|
|•|CambridgeCouncil||•|<br>LondonBoroughof||•|<br>Shelter|
|•|Centrepoint|||Islington||0|<br>StGilesTrust|
|•|CentralCare|||LondonCRCR||0|<br>StMungos|
|•|ChessHomeless||•|<br>LiverpoolCity||•|<br>SurreyLeavingCare|
|•|ChurchArmy|||Council|||Team|
|•|Crisis||6|MannaSociety||•|<br>SingleHomeless|
|•|DepaulUK||6|NewHorizon|||Project|
|•|Ebbitt||•|<br>NewhamCouncil||•|<br>ThamesReach|
|•|Glassdoor||0|NoFirstNightOut||•|<br>TheMannaSociety|
|•|GreenHouse||0|NoSecondNight||•|<br>ThePassageHouse|
||Hackney|||Out||0|WalthamForest|
|•|HopeWorldwide|||||||





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|embeddingourstrategyweareembed<br>staffingstructures.|dingourCREATEvaluesacrossservicesand|
|---|---|
|Collaborate|Accessible|
|Weworktogetherwithyoungpeople,|Weensurethatourservicesandfacilitiesare|
|communitiesandstakeholdersto|inclusiveforeverybody.|
|improveourservicedelivery.|Transform|
|Respect|Wealwaysseekpositivechangeinthelivesof|
|Weshowrespectforallresidents,|youngpeopleandourcommunities.|
|serviceusers,colleaguesandothers,|Excellent|
|regardlessofperspectivesandbeliefs.|Westrivetodeliverthehighest-qualityservicesin|
|Empower|allthatwedo.|
|Wesupportanddevelopconfidencein||
|othersforalltoprogress.||



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# 20 September  2023 



## 

|StatementofComprehensiveIncome(incorp<br>31March2023|oratingaS|tatementofCh|angesinRes|erves)forth|eyearended|
|---|---|---|---|---|---|
|||||2023|2022|
|Incomefrom:||Unrestricted|Restricted|TotalFunds|TotalFunds|
|SocialHousingActivities|Note||£|£|£|
|IncomefromSocialHousing|2|6,354,361|-|6,354,361|5,068,033|
|NonSocialHousingActivities||||||
|Donations-fundraisingactivities||80,240|137,039|217,279|435,524|
|Donations-Drumbuilding||-|30,000|30,000|30,000|
|Donations-legalfees||-|148,977|148,977|88,057|
|YouthProjectsincome||-|64,466|64,466|106,365|
|Communityactivitiesincome||778,913|144,408|923,321|866,441|
|||859,153|524,890|1,384,043|1,526,387|
|Totalincome||7,213,514|524,890|7,738,404|6,594,420|
|Expenditureon:||||||
|Fundraising||244,006|137,039|381,045|355,195|
|Costsofraisingfunds||244,006|137,039|381,045|355,195|
|ExpenditureonSocialHousing|2|5,276,832|-|5,276,832|5,053,539|
|YouthProjects||71,480|111,060|<br>182,540|157,297|
|Communityactivities||1,022,057|144,408|<br>1,166,465|1,040,071|
|LegalFeesprobono||-|148,977|148,977|88,057|
|Expenditureoncharitableactivities||6,370,369|404,445|<br>6,774,814|6,338,964|
|Totalexpenditure||6,614,375|541,484|7,155,859<br>|6,694,159|
|OperatingSurplus/(deficit)||599,139|(16,594)|<br>582,545|(99,739)|
|Interestreceivableandinvestmentincome|4|15,666||15,666|17,840|
|Interestpayableandsimilarcharges|5|(433,015)|-|(433,015)|(282,884)|
|Movementinfairvaluefinancialinstruments|11|(38,917)|-|(38,917)|56,092|
|(Deficit)/surplusforthefinancialyear|6|142,873|(16,594)|<br>126,279|(308,691)|
|Transfersbetweenfunds|17|(16,594)|16,594|<br>-|-|
|Reconciliationoffunds:||||||
|Netmovementinfunds||126,279|-|126,279|(308,691)|
|Totalfundsbroughtforward||6,377,113|-|6,377,113|6,685,804|
|Totalfundscarriedforward||6,503,392|-|6,503,392|6,377,113|





## 

|||2023|2022|
|---|---|---|---|
|FIXEDASSETS|note|||
|FixedAssets||||
|SocialHousingProperties|9|24,141,783|24,700,332|
|NonSocialHousingProperties|9||18,750|
|IntangibleAssets|10|15,116|20,244|
|OtherTangibleAssets|10|352,999|387,156|
|Investments|11|505,576|534,846|
|TOTALFIXEDASSETS||25,015,474|25,661,328|
|CURRENTASSETS||||
|Stock||17,765|9,930|
|Debtors|12|1,092,151|798,564|
|ShortTermDeposits||20,598|17,832|
|Cashatbankandinhand||230,945|42,292|
|||1,361,459|868,618|
|CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR|13|(10,521,964)|(2,797,581)|
|NETCURRENTLIABILITIES||(9,160,505)|(1,928,963)|
|TOTALASSETSLESSCURRENTLIABILITIES||15,854,969|23,732,365|
|CREDITORS:AMOUNTSFALLINGDUEAFTER<br>MORETHANONEYEAR|14|(9,351,577)|(17,355,252)|
|TOTALNETASSETS||6,503,392|6,377,113|
|FUNDS:|14|||
|UNRESTRICTED||||
|DesignatedFixedAssetFunds||7,074,534|7,033,789|
|Pensionreserve|18|(571,142)|(656,676)|
|||6,503,392|6,377,113|
|TOTALFUNDS||6,503,392|6,377,113|








## 

||2023|||2022|
|---|---|---|---|---|
|Cashflowsfromoperatingactivities|||||
|Netcashprovidedby/(usedby)operating<br>activities(noteA)|969,252|||(1,275,162)|
|Cashflowsfrominvestingactivities|||||
|Purchaseoftangiblefixedassets|(91,332)|||(268,802)|
|Saleofinvestments||||500,000|
|PurchaseofInvestment|(9,647)|||(8,238)|
|Investmentincomereceived|15,666|||17,840|
|(Decrease)/increaseinDefinedBenefit<br>PensionScheme|(85,534)|||(74,462)|
||(170,847)|||166,338|
|Cashflowfromfinancingactivities|||||
|LongTermLoan(repayment)/drawn|(628,208)|||(145,799)|
|Changeincashandcashequivalentsinthe|170,197|||(1,236,623)|
|year|||||
|Cashandcashequivalentsatthestartofthe|60,124|||1,296,747|
|year|||||
|Cashandcashequivalentsattheendof<br>theyear(noteB)|230,321|||60,124|
|NoteA:reconciliationofnet|||||
|income/(expenditure)tonetcash|||||
|providedby/(usedby)operating|||||
|activities|||||
|Netincome/(expenditure)fortheyear|126,279|||(308,691)|
|Adjustmentsfor:|||||
|Depreciation|707,916|||673,533|
|Carryamountoffixedassetdisposals|-|||17,595|
|AmortisationofGLAgrant|(173,760)|||(173,760)|
|Loss/(gain)ininvestment|38,917|||(56,092)|
|Investmentincome|(15,666)|||(17,840)|
|(Increase)/decreaseinStock|(7,835)|||(8,193)|
|(Increase)/decreaseindebtors|(293,588)|||(560,352)|
|(Decrease)/increaseincreditors|586,989|||(823,362)|
|Netprovidedby/(usedby)operating<br>activities|969,252|||(1,257,162)|
|NoteB:analysisofcashandcash|||||
|equivalents|||||
|Shorttermdeposits|20,598|||17,832|
|Cashatbankandinhand|230,945|||42,292|
||251,543|||60,124|
|Note:analysisofmovementinnetdebt|Atthestartof<br>theyear|Cash-flows|Other<br>Movement|Attheendof<br>theyear|
|Cash|42,292|188,653||230,945|
|Cashequivalents|17,832|2,766||20,598|
|Sub-total|60,124|191,419||251,543|
|Loansfallingduewithinoneyear|(628,202)|618,092|(7,732,083)|(7,742,193)|
|Loansfallingdueafteroneyear|(7,768,510)|10,116|<br>7,732,083|(26,311)|
|Total|(8,336,588)|819,627|<br>-|(7,516,961)|





## 

## 



## 

## 

## 

## 

|Propertyassetsarestatedatcostlessdepreciation<br>ncompliancewiththecomponentaccountingrequirementsofth<br>assetwithmateriallydifferentusefuleconomicliveshavebeense<br>followingusefuleconomiclives:<br>FreeholdSocialHousingProperties|eHousingSORP,those<br>paratelyidentifiedan|
|---|---|
||Useful|
||EconomicLife|
|Building|(years)|
|MainFabric|100|
|SubFabric|100|
|RoofstructuresandCoverings|70|
|Windowsandexternaldoors|30|
|Gasboilers/fires|15|
|Kitchen|20|
|Bathroom/WCs|30|
|Mechanicalsystems(heating,ventilation,|30|
|plumbing)||
|Electrics|40|
|Total||
|Nodepreciationisprovidedonfreeholdland.||





## 



## 

## 

|2.INCOMEANDEXPENDITUREFROMHOUSING|||
|---|---|---|
||2023|2022|
|Incomefromsocialhousing|||
|Rentreceivable|2,045,979|1,728,117|
|Servicechargesreceivable|4,094,813|3,100,030|
|Governmentgrantamortisation|173,760|173,760|
|Othersocialhousingactivities|39,809|66,126|
|Netincomefromsocialhousingactivities|6,354,361|5,068,033|
|Expenditureonsocialhousing|||
|Managementandservices|3,703,075|3,672,900|
|Routinemaintenance|403,997|331,784|
|Plannedmaintenance|121,370|71,871|
|Baddebts|93,552|48,571|
|LeaseCosts|308,658|308,658|
|Depreciationonhousingproperty|646,180|636,572|
|Totalexpendituresonhousingactivities|5,276,832|5,070,356|
|Operatingprofit(deficit)onhousingactivities|1,077,529|(2,323)|
|VoidLoss:(beingrentalincomelostasaresultof<br>propertynotbeinqlet)|779,644|.1,978,648|
|3.ACCOMODATIONINMANAGEMENT|||
||2023|2022|
||Units|Units|
|SupportedHousing|388|387|
|GeneralNeeds|8|8|
|Numberofunitsinmanagementattheendoftheyear|396|395|





## 

## 

|4.INTERESTRECEIVABLEANDSIMILARINCOME|||
|---|---|---|
||2023|2022|
|Investment|12,851|16,623|
|Bankinterest|2,815|1,217|
||15,666|17,840|
|S.INTERESTPAYABLEANDSIMILARCHARGES|||
||2023|2022|
||£|f|
|Loans|417,061|266,067|
|Definedbenefitpensioncharge|15,954|16,817|
||433,015|282,884|
|6.NETINCOME/(EXPENDITURE)|||
||2023|2022|
|Thisisstatedaftercharging:|£|£|
|Auditors'remuneration(excludingVAT)|33,000|20,000|
|OtherservicesfromAuditors|3,000|-|
|Depreciation|707,916|673,533|
|Operatingleasecharges-plantandequipment|52,112|49,906|



## 



## 

## 

## 

||2023|2022|
|---|---|---|
|Employeecostfortheyear|£|£|
|Salariesandwages|2,542,087|2,573,833|
|Socialsecuritycosts|229,520|219,305|
|Redundancyandterminationpayments|13,859|-|
|Definedbenefitschemecosts(seenote18)|21,585|21,510|
|Definedcontributioncosts|70,426|73,029|
||2,877,477|2,887,677|



||2023||2022|
|---|---|---|---|
|£60,000-£69,999|1||2|
|£70,000-£79,999|3||2|
|£80,000-£89,999||-|1|
|£90,000-99,999||-||
|£100,000-109,999|1||1|



|fulltimeequivalentstaff(includingte|mporaryandparttime|staffwasas|follows:||
|---|---|---|---|---|
||2023||2022||
|Management||2||3|
|Housingandsupport||61||65|
|Youthprojects||1||1|
|Community||21||20|
|CapitalFundRaiser||3||3|
|||88||92|





## 

## 

||31March<br>2022|Additions|Disposals|31March<br>2023|
|---|---|---|---|---|
|SocialHousing|£|£|£|£|
|Freehold|||||
|Cost|24,338,890|-||24,338,890|
|Depreciation|(470,229)|(430,032)|-|(900,261)|
|Netbookamount|23,868,661|(430,032)|-|23,438,629|
|Shortleasehold|||||
|Cost|1,758,507||-|1,758,507|
|Depreciation|(926,836)|(128,517)|-|(1,055,353)|
|Netbookamount|831,671|(128,517)|-|703,154|
|Totalnetbookamount|24,700,332|(558,549)|-|24,141,783|
|Nonsocialhousing|||||
|Shortleasehold|||||
|Cost|198,652|-||198,652|
|Depreciation|(179,902)|(18,750)||(198,652)|
|Netbookamount|18,750|(18,750)||-|





## 

## 

||31March<br>2022|Additions|Disposals|31March<br>2023|
|---|---|---|---|---|
|TangibleAssets|£|£|£|£|
|Computerequipment|||||
|Cost|132,626|26,819||159,445|
|Depreciation|(43,308)|(27,562)||(70,870)|
|Netbookamount|89,318|(743)|-|88,575|
|GymEquipment|||||
|Cost|9,428||-|9,428|
|Depreciation|(3,853)|(2,306)|-|(6,159)|
|Netbookamount|5,575.00|(2,306)|-|3,269|
|MotorVehicles|||||
|Cost|65,258|-|-|65,258|
|Depreciation|(65,258)|-|-|(65,258)|
|Netbookamount|-|||-|
|OfficeEquipment|||||
|Cost|8,389|-|-|8,389|
|Depreciation|(8,389)|-||(8,389)|
|Netbookamount|-|-||-|
|Furnitureandfittings|||||
|Cost|530,634|64,513|-|595,147|
|Depreciation|(238,371)|(95,621)|-|(333,992)|
|Netbookamount|292,263|(31,108)|-|261,155|
|Totalnetbookamount|387,156|(34,157)|-|352,999|
|IntangibleAssets|||||
|Cost|34,039||-|34,039|
|Amortisation|(13,795)|(5,128)|-|(18,923)|
|Netbookamount|20,244|(5,128)|-|15,116|
|11.INVESTMENTS|||||
||||31March|31March|
||||2023|2022|
|COIFCharitiesInvestmentFund&Rathbones|||£|£|
|HistoricalCost|||376,155|453,119|
|MarketValue|||||
|Beginningoftheyear|||534,846|970,516|
|Additions|||9,647|8,238|
|Disposals||||(500,000)|
|Unrealisedgainoninvestment|||(38,917)|56,092|
|Endoftheyear|||505,576|534,846|





|12.<br>DEBTORS|||
|---|---|---|
||2023|2022|
|Amountsfallingduewithinoneyear:|£|£|
|Rentandservicesrecevable|634,340|433,068|
|Lessprovisionfordoubtfuldebts|(70)|(4,670)|
|Othertaxesandsocialsecurity|146,777|209,034|
|Otherdebtorsandprepayments|311,104|161,132|
||1,092,151|798,564|



|13.<br>CREDITORS:AMOUNTSFALLING|DUEWITHINONEYEAR||
|---|---|---|
||2023|2022|
|Creditorsduewithinoneyear:|£|£|
|Tradecreditors|320,873|214,933|
|Othertaxesandsocialsecurity|86,558|56,052|
|Othercreditors|1,267,596|807,380|
|Accruals|629,971|639,645|
|DeferredIGrant&Income|213,297|192,075|
|GLASocialHousingGrant(Note15)|173,760|173,760|
|PensionLiabilities(Note18)|87,716|85,534|
|Loan(Note16)|7,742,193|628,202|
||10,521,964|2,797,581|



|14.<br>CREDITORS:AMOUNTSFALLING|DUEAFTERP|<br>TORETHANONEYEAR|
|---|---|---|
||2023|2022|
|Creditorsdueoveroneyear:|£||
|Loan(Note16)|26,311|<br>7,768,510|
|Definedbenefitpensionschemeliability(Note<br>17)|483,426|<br>571,142|
|GLASocialHousingGrant(Note15)|8,841,840|<br>9,015,600|
||9,351,577|<br>17,355,252|





## 

## 

|15.<br>GLASOCIALHOUSINGGRANT|||
|---|---|---|
||2023|2022|
|At1April2022||9,363,120|
|Releasedtoincomeintheyear(note2)|(173,760)|(173,760)|
|At31March2023|9,015,600|9,189,360|
||2023|2022|
|Amounttobereleasedwithinoneyear|173,760|173,760|
|Amountstobereleasedinmorethanoneyear|8,841,840|9,015,600|
||9,015,600|9,189,360|



## 

||2023|2022|
|---|---|---|
|Borrowings|||
|Duewithinoneyear|||
|BankLoans|||
|AIBLoans|7,732,083|468,612|
|CityBridgeLoans|-|150,000|
|Co-operativeBankLoans|10,110|9,590|
||7,742,193|628,202|
|Dueaftermorethanoneyear|||
|BankLoans|||
|AIBLoans|-|7,732,083|
|Co-operativeBankLoans|26,311|36,427|
||26,311|7,768,510|





## 

## 

## 

|17.<br>TOTALFUNDS|||||||
|---|---|---|---|---|---|---|
||Startof<br>year|Income|Expenditure|Transfer<br>between<br>Fund|Investment<br>gains|Endofyear|
||01-Apr-22|||||31-Mar-23|
|UnrestrictedFunds|||||||
|DesignatedFixedAssetsFunds*|7,033,789|7,229,180|(7,047,390)|(102,128)|(38,917)|7,074,534|
|PensionFund|(656,676)|-||85,534||(571,142)|
|TotalUnrestrictedFunds|6,377,113|7,229,180|(7,047,390)|(16,594)|(38,917)|6,503,392|
|RestrictedFunds|||||||
|Grant&Donation|-|137,039|(137,039)|-||-|
|YouthProjects|-|64,466|(81,060)|16,594||-|
|CommunityActivities||144,408|(144,408)|-||-|
|DonationsDrumBuilding|-|30,000|(30,000)|-|-||
|DonationLegalFees|-|148,977|(148,977)|-|||
|TotalrestrictedFunds|-|524,890|(541,484)|16,594||-|
|Totalfunds|6,377,113|7,754,070|(7,588,874)|-|(38,917)|6,503,392|
|TOTALFUNDSCOMPARATIVEFOR2022|||||||
||Startof<br>year|Income|Expenditure|Transfer<br>between<br>Fund|Investment<br>gains|Endofyear|
||01-Apr-21|||||31-Mar-22|
|UnrestrictedFunds|||||||
|DesignatedFixedAssetsFunds*|7,416,942|6,019,413|(6,513,380)|54,722|56,092|7,033,789|
|PensionFund|(731,138)|-||74,462|-|(656,676)|
|TotalUnrestrictedFunds|6,685,804|6,019,413|(6,513,380)|129,184|56,092|6,377,113|
|RestrictedFunds|||||||
|Grant&Donation|-|276,749|(126,903)|(149,846)||-|
|YouthProjects|-|106,365|(127,297)|20,932||-|
|CommunityActivities||91,676|(91,406)|(270)|||
|DonationsDrumBuilding||30,000|(30,000)|-|||
|DonationLegalFees|-|88,057|(88,057)||||
|TotalrestrictedFunds||592,847|(463,663)|(129,184)|-|-|
|Totalfunds|6,685,804|6,612,260|(6,977,043)|-|56,092|6,377,113|





## 

## 

|||||Within|Oneto|Twoto|Afterfive|Aftermorethan|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|
|||||oneyear|twoyears|fiveyears|years|oneyear|2023|2022|
|||||£|E|£|£|£|£|£|
|Asat|31|March|2023|87,716|93388|204,837|185,201|483,426|571,142||
|Asat|31|March|2022|85,534|90,520|196,828|283,794|571,142||656,671|



||2023|
|---|---|
|Provisionatthestartoftheperiod|656,676|
|DeficitContributionpaid|(101,488)|
|Unwindingofdiscountfactor(interestexpense)|15,954|
|Provisionattheendoftheperiod|571,142|



## 



## 

## 

## 

## 

## 



## 

|Incomefrom:||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|---|
|SocialHousingActivities|Note||£|£|
|IncomefromSocialHousing|2|5,068,033||5,068,033|
|NonSocialHousingActivities|||||
|Donations-fundraisingactivities||158,775|276,749|435,524|
|Donations-Drumbuilding||-|30,000|30,000|
|Donations-legalfees|||88,057|88,057|
|YouthProjectsincome||-|106,365|106,365|
|CommunityActivitiesIncome||774,765|91,676|866,441|
|LiquidatedDamagesConstructionIncome|||||
|||933,540|592,847|1,526,387|
|Totalincome||6,001,573|592,847|6,594,420|
|Expenditureon:|||||
|Fundraising||228,292|126,903|<br>355,195|
|Costsofraisingfunds||228,292|126,903|355,195|
|ExpenditureonSocialHousing|2|5,053,539|-|5,053,539|
|YouthProjects||-|157,297|<br>157,297|
|CommunityActivities||948,665|91,406|<br>1,040,071|
|LegalFeesprobono||-|88,057|88,057|
|Expenditureoncharitableactivities||6,002,204|336,760|<br>6,338,964|
|Totalexpenditure||6,230,496|463,663|<br>6,694,159|
|SUBTOTAL|||||
|Operating(deficit)/surplus||(228,923)|129,184|<br>(99,739)|
|Interestreceivableandinvestmentincome|4|17,840||17,840|
|Interestpayableandsimilarcharges|5|(282,884)|-|(282,884)|
|Movementinfairvaluefinancialinstruments|11|56,092||56,092|
|(Deficit)/surplusforthefinancialyear|6|(437,875)|129,184|<br>(308,691)|
|Transfersbetweenfunds|17|129,184|(129,184)||
|Reconciliationoffunds:|||||
|Netmovementinfunds||(308,691)|-|(308,691)|
|Totalfundsbroughtforward||6,685,804||6,685,804|
|Totalfundscarriedforward||6,377,113|-|6,377,113|





YMCA LONDON
CITY AND NORTH
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