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||||FOR THE|YEAR ENDED 31|MARCH 2021||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|||
||||Notes|General|Designated||2021|2020|
||||||||Total|Total|
|INCOMING
RESOURCES|||||||E|E|
|Incoming
resources
from generated|||||||||
|funds:|||||||||
|Rental income||||623,929|||623,929|604,035|
|Voluntary
income
Grants receivable||||6,437
47,803|||6,437
47,803|8,171
25,000|
|Furlough
grant||||55,163|||55,163||
|Activities for generating
funds
Income of trading
subsidiary
Interest receivable|||4|1,105
353,408
1,296|||1,105
353,408
1,296|5,205
644,881
5,981|
|Incoming
resources
from charitable|||||||||
|activities:|||||||||
|Youth training||||102,455|3,095|32,271|137,821|154,330|
|Miscellaneous
Income||||2,785|||2,785|6,746|
|TOTAL INCOMING
RESOURCES||||1 194381|3 095|32 271|1 229 747|1454 349|
|RESOURCES EXPENDED|||||||||
|Cost of generating
funds:|||||||||
|Expenditure
oftrading
subsidiary|||4|387 626|||387 626|481036|
|Charitable
activities:|||||||||
|Childcare
services||||87,438|||87,438|104,482|
|Youth and other services
Premises||||510,868
196584|9,997|74,410|595,275
196584|702,219
253 117|
|Governance
costs||||794,890
8,520|9,997|74,410|879,297
8,520|1,059,818
11,500|
|TOTAL RESOURCES EXPENDED|||5|1 191036|9997|74410|1 275 443|1 552 354|
|Net INCOMING/(OUTGOING)
RESOURCES||||3,345|(6,902)|(42,139)|(45,696)|(98,005)|
|Pension
deficit|||15|32 650|||32 650||
|NET INCOMING/(OUTGOING)
RESOURCES AFTER PENSION|DEFICIT|||(29,305)|(6,902)|(42,139)|(78,346)|(98,005)|
|Transfer (from)/to
Designated||Funds|12|2,226|(2,226)||||
|Transfer (from)/to
Restricted|Funds||13||||||
|FUND BALANCES AT 1 APRIL 2020||||127634|949 575|156794|1 234 003|1 332 008|
|FUND BALANCES AT 31 MARCH||2021||100 555|940 447|114655|1 155657|1 234 003|
##
||||FOR|THE YEAR EN|DED|31 MARCH 2021|31 MARCH 2021||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||TOTAL 2021||TOTAL|2020||
||Notes|Restricted
E||Unrestricted|f|Charity
E|Group
f|Charity
E||Group|
|FIXED|||||||||||
|ASSETS|||||||||||
|Tangible||||828,532||828,532|828,532|830,758||830,758|
|assets|||||||||||
|Investments|||||||||||
|||||828 534||828 534|828 532|830 760||830 758|
|CURRENT|||||||||||
|ASSETS|||||||||||
|Debtors|10|||105,828||105,828|67,773|158,407||55,722|
|Cash at bank|||114,655|474,523||589,178|613,444|475,402||624,400|
|in hand|||||||||||
||||114,655|580,351||695,006|681,217|663,809||680,122|
|CREDITORS:|||||||||||
|Amounts|11(a)|||(226,256)||(226,256)|(240,442)|(138,874)|(178/944)||
|falling due|||||||||||
|within
one|||||||||||
|year|||||||||||
|TOTAL ASSETS LESS|||||||||||
|CURRENT LIABILITIES|||114,655|1,182,629||1,297,284|1,269,307|1,325,695|1,331,936||
|CREDITORS:|||||||||||
|Amounts|11(b)|||(113,650)||(113,650)|(113,650)|(97,933)||(97,933)|
|falling
due|||||||||||
|after more|||||||||||
|than one|||||||||||
|year|||||||||||
|NET ASSETS|||114,655|1,068,979||1,183,634|1,155,657|1,227,762|1,234,003||
|FUNDS HELD|||||||||||
|Unrestricted|||||||||||
|funds:|||||||||||
|General
fund||||128,532||128,532|128,532|121,393||121,393|
|Retained
in|||||||(27,977)|||6,241|
|subsidiary|||||||||||
|Total||||128,532||128,532|100,555|121,393||127,634|
|Designated||||222,059||222,059|222,059|231,187||231,187|
|fund|||||||||||
|Restricted|13||114,655|||114,655|114,655|156,794||156,794|
|funds|||||||||||
|Revaluation||||718,388||718,388|718,388|718,388||718,388|
|reserve|||||||||||
||||114,655|1,068,979||1,183,634|1,155,657|1,227,762|1,234,003||
|These accounts|were approved||by the Board and authorised|||for issue on|..........~. .)k. ......o3-...I..... and signed|||on its|
|behalf by:|||||||||||
##
||||2021|2020|
|---|---|---|---|---|
|||||E|
|Cash Generated
from Operating
Activities|(see below)||(12,252)|14,936|
|Cash Flows from Investing
Activities|||||
|Interest
received
Sale oftangible
fixed assets|||1,296|5,981|
|Purchase oftangible
fixed assets||||(5,336)|
||||1,296|645|
|Increase/(decrease)
in cash and cash equivalents||in the year|(10,956)|15,581|
|Cash and cash equivalents
at the beginning|ofthe|year|624,400|608,819|
|Total cash and cash equivalents
at the end|ofthe|year|613444|624,400|
|||||2021|2020|
|---|---|---|---|---|---|
||||||E|
|Net incoming
resources
Add back depreciation|charge|||(78,346)
2,226|(98,005)
3,185|
|Deduct interest
income
Decrease/(increase)
in
Increase/(decrease)
in|shown
in investing
debtors
creditors||activities|(1,296)
(12,051)
77 215|(5,981)
103,736
12001|
|Net cash generated
from operating||activities||(12,252)|14936|
##
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|The average
number
of|employe|es
was 60 (2|es
was 60 (2|es
was 60 (2|020 total was 80).|020 total was 80).||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|In addition
the charity|uses the|services of|||20+ volunteers.
No||valuation|has been|made for the|assistance||
|upon which the YMCA Essex relies to|||provide||many of its|services.|A further|10volunteers
acted as||trustees
on||
|the Board. No Trustees|have received||any remuneration|||or have had expenses
reimbursed.||||||
|Key management
includes the Trustees,
the|||||Chief Executive
and||members|of the senior management|||team.|
|The compensation
paid|to key management|||for employee||services|is E245,232 (2020: E244,211).|||||
||||||||||2021||2020|
|NET INCOMING
RESOURCES|||||||||E||E|
|This is stated after charging||||||||||||
|Depreciation
(owned assets)
Auditors'
remuneration
—audit|||||||||2,226
5,500||3,185
5,500|
||—other|services|||||||3,020||6,000|
|GROUP FIXED ASSETS|||||Furniture
&.||Computer||Motor||Total|
|Cost or Valuation||Premises|||Equipment||Equipment||Vehicles|||
|||||E||E||E|E||E|
|At 1 April 2020|||825,000|||44,490||29,432|1,200|900,122||
|Additions||||||||||||
|Disposals||||||||||||
|At 31 March 2021|||825 000|||44 490||29 432|1 200|900 122||
|Depreciation||||||||||||
|At 1 April 2020||||||39,732||29,432|200|69,364||
|Charge for the year||||||1,926|||300||2,226|
|Eliminated
on disposals||||||||||||
|At 31 March 2021||||||41 658||29 432|500|71 590||
|Net book value||||||||||||
|At 31 March 2021||825,000||||2,832|||700|828,532||
|At 31 March 2020||825,000||||4,758|||1,000|830,758||
||||||||||||||||2021||||2020|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|10.DEBTORS||||||||||||Charity
E||||Groupf|Charity
E||Group
E||
|Trade debtors||||||||||||25,261||||32,206|45,628||54,742||
|Other debtors||and prepayments||||||||||35,567||||35,567||980||980|
|Loan to YMCA||Essex|(Trading)|||Ltd.||||||45 000|||||111799||||
|||||||||||||105,828||||67,773|158,407||55,722||
|The above loan relates|||to money|||lent to|||trading|subsidiary||during|the||year.|Interest|is charged at a fixed|||rate|
|of3%and the balance|||is repayable||||over||2 years from||inception.||||||||||
||||||||||||||||2021||||2020||
|11.(a) CREDITORS: Amounts||||falling|||due|within|||||||||||||
|one year|||||||||||||||||||||
|||||||||||||E||||E||E||E|
|Trade creditors||||||||||||10,097|||12,487||2,873|||6,307|
|Other creditors||and accruals|||||||||177,845||||211,022||119,609||156,245||
|Pension
deficit||||||||||||16,933|||16,933||16,392||16,392||
|Amount
due to||YMCA Essex (Trading)|||||||Ltd.|||21,381|||||||||
||||||||||||226,256||||240,442||138,874||178,944||
|The Other Creditors||and Accruals|||include f116,150of VAT collected on|||||||||service||charges|since YMCA Essex has||||
|applied to register for VAT. Should||||||VAT registration||||not be successful,||||the|money
will be returned|||to tenants.|||
|11.(b) CREDITORS: Amounts||||falling|||due|more|||||||||||||
|than one year|||||||||||||||||||||
|||||||||||||||||||||E|
|Pension
deficit|||||||||||113650||||113650||97933||97933||
||||||||||||113,650||||113,650||97,933||97,933||
|12. DESIGNATED FUNDS|||||||||||||||||||||
||||||Balances|||||||||||Net|||Balances||
|||||31 March 20|||||Income|||Expenditure|||Transfer||||31 March 21||
|||||||||E||E||||E||E|||||
|Fixed assets fund
New Projects||||||830,758
78,423||||580||(6,805)|||(2,226)|||||828,532
72,198|
|IT —Replacement|fund||||||448|||||(448)|||||||||
|Informal
Youth Work|||||||8,085|||||||||||||8,085|
|Replacement
Fund||||||30,140||||||(2,744)||||||||27,396|
|Colchester|||||||||||||||||||||
|Friends of Chelmsford|||||||1,721|||||||||||||1,721|
|YMCA|||||||||||||||||||||
|Colchester
Bike Shed Fund||||||||||2,515||||||||||2,515|
|||||||949,575||||3,095||(9,997)|||(2,226)|||||940,447|
##
##
|arity has|received the|following
amoun|ts,
which
m|ay only be use|d for specific p|urposes.||
|---|---|---|---|---|---|---|---|
|||Balances|||||Balances|
|||31 March|Income|Transfers|Salaries|Materials/other|31 March|
|||2020|||||2021|
|||E|||||f|
|Capacity|Building|88,196|||(56,833)|(84)|31,279|
|Plan||||||||
|Childcare||17,108|1,000||||18,108|
|services||||||||
|Youth and other
services||51,490|31,271||(10,181)|(7,312)|65,268|
|Other funds||||||||
|Grants||||||||
|TOTAL ALL||156,794|32,271||(67,014)|(7,396)|114,655|
|FUNDS||||||||
##
##
|balances at 31 March 2021 are|represented
by:|represented
by:|||
|---|---|---|---|---|
||UNRESTRICTED||RESTRICTED|TOTAL|
||General|Designated||FUNDS|
||E|E||E|
|Fixed Assets||828,532||828,532|
|Net assets/(liabilities)|100 555|111915|114655|327 125|
||100,555|940,447|114,655|1,155,657|
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