DOCU&￿ Enyelcye ID". 074B867A.90864E1&AE81-708671638488
Re8iStered Charity ￿Mber. 1058559
Reglstered Company Number: 03228965
MALT CROSS TRusf COMPANY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACFJBSXN*
0?411r2￿23
COMPANIES HOUSE

DorJJSign En¥ety ID.. D748867A.9DJfAE1&AE81.7D867163648b
MALT CROSS TRUST COMPANY
Contents
Page
Legal and admlnistraiive information
Report of the Trustees
Independent Auditors report
8-10
Ststement of Financial Artivities
11-12
Balance Sheet
13
Notes forming part of the financial statements
14-22

DcWS￿n En¥8bpe ID.. D74B867A-91)864E1&AE81.7D86716364B8
MALT CROSS TRUST COMPANY
Le8al and admlnlstratl¥e Intsmatlo
Trustees
Mr C Berens
Mr R W Wakefield
Mr G Piliero
Mr S Brighty (resigned 26 April 20221
Independent Audltors
UHY Hackeryoung
14 Park Row
Nottingham
NGI 6GR
Bankers
HSBC UK Bank PLC
East Midlands Commercial Centre
Donnington Court
Pegasus Business Park
Derbv
DE74 2BU
Reglstered Office
The Malt Cross Music Hall
16 St Jame5, Street
Nottingham
Nottinghamshi
NGI 6FG
Company Reglstratlon
03228965
Charity Reglstrallon
1058559

Do¢uSvJn En¥ek)p ID." D748867A-gOWE1UE81-7D8671836488
MALT CROSS TRusf COMPANY
The Report of the Trustees low the year ended JI Marth 2023
The trustees present their annyal report and financial statements for the year ended 31 Marth 2023. The
trustees have adopted the prowsions of the Statement of Recommended Prartice ISORPI "Accounting and
Reporting by Charities" IFRS 1021 in preparing the annual repwt and financi31 statements of the charitv.
Our f¢xu5 lor 2023 and beyond
•Reducing crime and anti-social behaviour around the city centre throvBh our Street Pastors and 'Safe Space,
projects and other initiatives
•lnfluencing policy and practice in the management of the night-time economy.
•Educating people about the history ot the Malt Cross, and the social impact that Music Halls had on the world
of popular entertainment.
•The upkeep of our beautiful Music Hall by conb"nuin8to implement our Heritage Outreach Project Il>year
management and maintenance plan following the completion of è Heritage Lottery Funded Project
Context
Nottin8ham has over 476 licensed prern￿es in the city, and in a nom)al non-covid year between 30,oc￿ and
40.000 people vi51t the city centre on Friday and Saturday nights. An establisheil night-time economy brings
associated risks to.our city centre such as binge drinking. drug usage and the care of vulnerable people at ni8ht
which are currently managed effectivety through partnership working.
The Malt Cross Trust h35 played a key part in this partnership, which has seen the city transform its reputation.
Since 2010, Nottingham has achieved Purple Flag accreditation every year. which is a mark of excellence
awarded to cities offering an entertainTrn& diverse and safe night out. Through Nottingham Street Pastor5 the
charity has received both local and national recognition of how partnership working between local authorities
and volunteer organisations can enable local people to play an active role and make a real impart within their
communities-.
The charity seeks to encourage its audience with opportuntties to invest back into their community through
suspended Ipay it forward) schemes that enable the Malt cr(￿ Trust's partner charities to provide meals and
practical gifts to wlnerable people in Nottingham.
Structure. Governance and Mana8emÈnt
Governing DOcUn￿￿t
Malt Cross Trust is a charitable company limited by guarantee. incorporated and registered as a tharity
110585591. The charity was established under a Memorandum of Association which established the objects
and powers of the charitable company and is governed under its Articles of Association. In the event of the
Association being wound up members are required to contribLrte an amount not exceeding £10.
Recruitment ondAppointment of Bourd
The directors of the charity are è150 tharity trustees for the purposes of charity law and under the
Memorandum & Articles are known as members of the Board. Throughout the financial statements they will
be referred to as board members.

En￿lOPe ID. 0748867A4OWE1UE81.7D8671636488
MALT CROSS TRUST COMPANY
The Report ofthe Trustees for the year ended 31 March 2023 Icontlnued)
Board members are recruited thmvgh the means of adverti5ernent in appropriate local media and by personal
recommendation. Prospective board members make an application and are met on an individual basi5 by the
board members.
Candidate5 are interviewed and measured against a sknlls requirement. If successful, they attend one or more
board meetings as an observer, prior to accepting the positiLM) and being Voted in. Board members are
appointed annually at the Annual General Meetin& or in other full board meetings as required.
Poyment of 8ooTd Members
No fees or remuneration have been paid to any member or Board member of the charity during the year for
their role as board members.
Board members induct￿￿ ond troining
Prospective board members re￿1Ve an inductiLNI covering their obligations, the operational framework for the
charity. current financial position and future plans and objectives.
New bo3id members receive the Trustees Handbwk induttiLX) pack T*thich provides helpful informatlon
covering their obligations as Trustees.
The Association insurance package includes professional liability cover for the trustees of the Association and
senior staff.
OrgonisotionolStructure
Malt Cross Trusvs Artitles require è Board of no less thèn three members who during a rwmal non-¢ovi(J year
meet at least bi-monthly and are responsible for the strategic direction and policy of the charity. During the
financial year, the Board had four members from a variety of professional backgrounds relevant to the work of
the charity and recruitment plan5 are in place to expand this number.
A scheme of delegation is in place and day-to-day re5pon5ibility for the provisicx) of services rests with the
Senior Management team.
The Association ensures compliance with Companies House and Charity Commission directives.
Public Benefit
We have refeffed to the guidance on public benefit issued by the Charity Commission and are satisfied that
the charity's activities as described in our review of 2018-19 do provide wider public benefit. Board members
tonsider how planned activities will contribute to the aims and objectives they have set for the charity via
review and approval in meetings.
Principal ActhAtles
Nottinghom Street Postors
Nottingham Street Pastors have operated throughout the year. Volunteers offer help to vulnerable people in
the City Centre in Notthngham's night time economy.

En%*ty)pe ID.. 0748867A-90B64EI8-AE81-7D8671W88
MALT CROS5 TRUST COMPANY
The Report of the Tru#ees lor the year ended 31 Marth 2023 (continued)
Heritoge Outreach Project
The completion of the project, which saw the successful restoration of the Malt Cr055 Music Hall, has resulted
in a desire for the delivery of activitie5 exploring and sharing our heritage but these were halted due to the
pandemic. The focus for the actI￿ty programmes going forward includes the recommencement of tour5 that
increase in on-site heritage information available to the attending public and the development of
Complementary activities to those successfully support such as the gin tastirvg events incorporatin8 a more
heritage focus.
Our partnership with Heritage Lottery Funding 15 an on-going relationshlp, as they will retain a charge of the
51te for 25 years follwng ihe completion of the restoration project.
Future Focu5
ty5eekin8 further Investment for the Malt Cross Music Hall in an Increasi￿lY competsbve mark.et to support in
the maintenance and upkeep of this historic buildin8.
•The recruitment of additional trustees wth a more diverse range of operats.onal knowAedge to support the
Malt Cross Trusys 8rowth
•Securing future funding for the Nottingham Street Pèstors project with the aim of extending existing funding
commitments from our major donors and seeking out new sources of incorne
•Support more events happening citywide to increase awareness of the importance of stayin8 safe in the night-
lime economv.
•Exploring the possibility of Notbngham Street Pastors running educational projects with young people about
risks laced in the night-time economv
•Developing new ways to share the story of the Malt Cross music hall's heritage through activities and events
•Continuing and building upon the facilitation of donab.ons to 5UPPOrt partner charities workin8 Wlth local
vulnerable people
The Malt Cross Trustees. staff and all those whom we have helpetl during this challenging year would like to
sincerely thank all who have 5UPPQrted us both financially and in other way5.
Restri¢ted iestrvts
Where restrictive condition5 are placed upon any income receivable. it is accounted for within a restricted
fund. in accordance with latest SORP recommendations.
Policy on reserves
The board members have examined the requiremeni for free reserves (referred to as General Reserves in the
balance sheetl, which are those unrestricted funds not invested in fixed assets, designated for specifi
purposes or otherwise committed. The board members consider that given the nature of the A550Ciation'5
work, it is appropriate to ensure positive net assets are maintained and to avoid any significant net
expenditure in the year. The re5erye5 pdiry is rewewed on an annual basis.
Going Concern
The trustees assess whether the use of going c￿cern is appropriate ie whether there any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the irust to

Ewsion En¥ekJpe ID". D74e867AJJ08&4E18JE81-7D86716>5480
MALT CR05S TRUST COMPANY
The Report of the Trustees for the year ended 31 Marth 2023 Icontinued)
continue as a going concern. The trustees make this assessment each year in respect of a period of one year
from the date of approval of the fina￿131 statements. The parent company (YMCA Robin Hood Groupl has
a8reed support to ensure the company can meet it's commitments for at least 12 months from the balance
sheet signing date. YMCA Robin Hood Group has al￿ given a parent company guarantee under Section 479A
of the Companies Act 2(K)6.
Trustee< responsibilitie5 in rektion to the finanual ststements
The charity trustees (who are also the director5 of the Malt Cr05s Trust Company for the purposes of company
lawl are responsible lor preparin8 the Trustees. annual report and financial statements in accordance with
applicable law and United Kingdom. AccountirE Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the Trustees to Prepa￿ financK?l statements for each financial period. which give a twe
and fair view of the state of affairs of the charitable company and of the incoming resources antl application of
resources. including ihe income and expenditure. of the charitable company for that period. In preparing these
financial statements. the trustees are required to-
•select suitable accounting policies and then apply them consistently-
•ob5erve the methods and principles in the Charitie5 SORP/2015 IFRS 1021:
•make judRements and estimJies that are reasonable and prudent,.
•state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements-
•prepare ihe financial ststements on the going concern basi5 unless it is inappropriate to presume that the
charitable company will continue tn operation.
The Trustees are responsible for keeping adequate accounting record5 that disdose with reasonable accuracy
at any time the financial position of the charitable Company and enable them to ensure that the financial
statements comply with the Companies Act 2(￿. They are also responsible for safe8uarding the assets of the
charstable company and hence for takin8 ￿asonable steps for the prevention aThl detection of fraud and other
irregularities.
In so far as the trustees are aware..
•there is no relevant information of vthich the charitable compan￿5 examiner is unaware,. and
•the trustees have tsken all steps that they ought to have taken to make themselves aware of any relevant
audit information and to establish that the charitable compan￿5 independent examiner is aware of that
information.
The financial statements were approved by the Board of Trustees and We￿ signed on its behalf by..
C Berens (Trusteel
DATE:
11-10-23

EwS*n En¥*j￿ D74BPfj7KW4E1&AE81.7086716we
Hackeryoung
Charterd Ac£ountants
INDEPENDENT AuDIT0￿s REPORT TO THE TRUSTEES
Oplnlon
We have audited the financial statements of Malt Cross Trust Company for the year ended 31" March 2023 which comprise
the Statement of Financial Activrf(ies, the Bèlance Sheet and notes to the financial statement, including significant accountin8
policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
Iunited Kingdom Generally Accepted Accounting Practice)-
In our opinion the financial statements:
give a true and fair view of the state of the charTtable compan￿5 affairs as at 31" March 2023. and of its incoming
resources and applicalion of resources. including income and expenditure, for the year then en(Jed-
have been properly prePa￿d in accordance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our
sponsibilr(ies under those standard5 are further described in the Auditor's responsibilities for the audit of the financial
statements section of our report. We are independent of the charitable company in accordance with the ethKal requirements
that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard and we have fulfilled
our other ethical responsibilities in accordance with these requirement5. We believe that the audtt evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to Koing Concern
In auditing the financial statements, we have concluded that the trustees. use of the going concern basis ot accounting in the
preparation of the financial statement is appropriate.
Based on the work we have performed. we have not identrfied any material untertainties relating to events or conditions
that. individually or collectively, may cast signrficant doubt on the charitable companWs ability to tontinue as a going concern
for a period of at least twelve monihs from when the financial statements are auth0ri5ed for issue.
Our responsibilities and the respon5ibilitie5 of the tn15tees with respect to goin8 concern are described in the relevant
sections ol this report.
Other information
The other information comprises the InforMat￿n included in the annual report other than the financial statements and our
auditorfs report thereon. The trustees are ￿sponsIble forthe other infomiat40n conlained within the tinancial statement5. Our
opinion on the financial statements does not cover the other inforMat￿n and. except to the extent otherwi4e explicitly stated
in our report, we do not express èny fomi ol assurance conclusion thereon.
Our responsibility is to read the other information and. in doing so. consider whether the other informètion Is materlally
inconsistent wlth the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be
materially misstated. If we identify such material incortsistencies or apparent material mi5statement5. we are required to
determine whether there is a material mi4st*ement in the financial statements or a rnaterial misstatement of the other
information. If. based on the work we have perfomied. we conclude that there is a material misstatement of this other
information, we are required to report that fart.
We have nothing to report in this regard.

()owS*n En¥dcye ID.. D748867ULWE1&AE81.7D8671636488
Opinions on other matters presulbed by the Companie5 Act 21X)6
In our opinion, based on the work undertaken in the course of our audit:
the information gwen in the Irustees, report for the financial year for which the financial statements are prepared is
consistent with the financial statements: and
the trustees, report has been prepared in accordance wlth applicable legal requirement5.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the tharitable company and its environment obtained in the course of the
audit, we have not identified material misstatements in the trustees. report. We have nothing to report in respect of the
following matter5 where the Companies Act 2006 requires us to report to you rf. in our opinion..
adequate accounting records h3ve not been kepl. or retums èdequate for our audit have not been received from
branches nol vislted by us: or
the financial statement5 are not in agreement with the accounting records and retum5.' or
certain disclosures of trustees. remunerntion specified by law are not made- or
we have not received all the information and eipl8nations we require for our audit- or
the trustees were not entitled to prepare the financial statements in accordance with the small companies. regime
and take advantage of the small companies. exemption in preparing the trustees. report and from the requirement to
prepare a strategic report.
Rtsponsibilities of trustees
As explained more fully in the tnjstees, responsibilittes statement set ovt on page 16, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intemal control
as the trustees detem)ine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In Preparing the financial statements, the trustees are responsible for assessing the charitable companvs ability to continue a5
a going concern, disclosrng, as applicable, matters related to going concern and using the going concern basi5 of accounling
unless the trustees eiiher intend to liquidate the charitable company orto cease operations, or have no realistic alternative but
to do so.
Auditor's responsitrmlities for the audit olthe financial statements
Our objectives are to obtain ￿aSOnable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance
is a high level of assurance but is not a guarantee that an avdit conducted in accordance wrth ISAS IUKI will always detect a
material misstatement when it exisis. Misstatements can arise from fraud or error and are considered material if, individually
or in the aggregate, they could reasonabty be experted to inflvence the economic decisions of users taken on the basis of these
flnancial statemenis.
Irregularities. including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with
our responsibilities, outlined above, to detert material misstatement5 in respect of irregularities, including fraud. The extent to
which our procedures are capable of detecting irregularrties. including fraud 15 detailed below-
Based on our understanding of the charitable company and the industry in which it operates, we identified that the principal
risks of non-compliance with laws and regulations related to the acts by the charitable company, whith were contrary to
applicable laws and regulations including fraud, and we conside￿￿ the extent to which non-compliance might have a material
effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation
of the financial statements such a5 the Companies Act 21x16. We evaluated management's incentives and opportunities for
fraudulenl manipulation of the financial statements lincluding the risk of override of controls). and determined that the
principal risks were related to inflated revenue and the charitable companrfs net income for the year and potentially
undisclosed related parties.

Dv¢yJSlgn EnveloFe10.. 074B867￿￿>SNEI￿AE8l.7DaG7IG￿8
Audit procedures performed included=
Review of the financial statement disclosu￿$ to vriderlying supporting documentation
Enquiries of management and testing of journals and evaluating whether there was evidence of bias by the Dirertors
that represented a risk of material misstatement due to fraud
Enquiry of management regarding any instances of actual or potential fraud during the year.
Assessment of fraud prevention and detection procedures within the companv.
Enquiry of management regarding actual and potential litigation and claNns. or any potential breaches of laws and
regulations.
Substantive testing of revenue transartions and assessment of controls implemented by the company.
Enquiry of management concerning any new or wentially undisdosed related parties based on reviews of
accounting records.
Therè are inherent limitations in the audtt procedures described above and the further removed non-compliartce with laws and
regulations is from the events and transactions reflected in the financral statements, the less likely we would become aware of
it. Also, the risk of not detecting a material misststement due to fraud is higher than the risk of not detecting one resultin8 from
error. as fraud may invofve deliberate concealment by, for example, forgery or intentbonal misrepresentations, or through
collusion.
Use of our report
This report is made solely to the charitable companws membe￿, as a trx)dy, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might slate to the compan¢s members those matters
we are required to state to them in an au(Jitor's ￿pOrt and for no other purpose. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than the charitable company and the charitable company's rnembers as a
body. for our audit work, for this report. or for the opinions we have formed.
Rogef Merchant Bsc FCA (Senior Statutory Auditor)
for and on behalf of
UHY Hacker Youn& Ststutory Audltor
14 Park Row
Nottingham
NGI 6GR
23-10-23
Date: _.............-....-..
UHY Hacker Youn8 is eligible to act as an auditor in temis of seCt￿n 1212 of the Companies Act 2006.
Page 10

CX)¢AJSw Envebpe ID. 074Be67A-9D864E1UE81-7086716M8
MALT CROSSTRUSTCOMPANY
STATEMENT OF FINANCIAL AcllviTIES
for the year ended 31 Marth 2023
UnreStrIrt￿ Restrlcted Total Funds Totsl Funds
Notes Funds
Funds
zozy
2022
Income
Income from grant5 and donations
Income from charitable activities- rent
Investment income
3,491
75.963
25,550
29,041
75.963
92,373
62,609
Total Income
79,454
25,550
iOS,CKM
154,982
Expendlture
Costs of raisin8 funds
Expenditure on charitable activities
1196.2901
125.1181
1221,4081
1202,7221
Totsl Expend61ure
1196.2901
125,1181
1221,4081
1202.7221
Net IncornellExpeb)dlturel
1116.8361
432
1116.4041
147.7401
T￿01 tund5 brought fonward
952.789
40,689
993,478
1.041.218
Net movefflent in furKIs
1116,8361
432
1116,4041
147,7401
Total f￿d5 carried forward
835.953
41.121
877.074
993.478
Income and e￿enditUre relate to both restricted and unrestricted activities derived from continuing
attivitie5.
P8ge11

Docusw En¥dope 10.. D74B867N90WEle-AE81.7D86716
MALT CROSS TRUST COMPANY
STATEMENT OF FINANCIAL AcnvinES
for the year ended 31 Marth 2022
Unrestrlrted Restrlcted Total Funds Total Funds
F￿d5
Furtds
2022
2021
Income
Income from donations and gifts
Income from chafitable activities- rent
Investrnent incorne
63.492
60.209
28,881
2.4CO
92,373
62.609
129,963
50,807
21
Total Income
123.701
31,281
154.982
180,791
Expefidltute
Costs of raising funds
Expenditure on Charitable Activities
12201
1169,2341
1166,3261
136,3961
1202,7221
Totsl Expendlture
1166,3261
136.3961
1202,722)
{169,4541
Net In¢ome/lExpendilurel
142,6251
15.1151
147.7401
11,337
Total funds brought forward
995.414
45,804
1,041,218
1,029.881
Net movement in fund5
142.6251
15.1151
147,7401
11,337
Total funds carried lO￿ard
952.789
40.689
993.478
1.041.218
Income and expendtrure relate to both restricted ènd unrestricted activities derived from contrnuing
activitie5.
P•Je 12

DcAJ&"w En￿lOpe ID.. D748867A-9CIUE18-AE81-7016716W8B
MALT CROSS TRUST COMPANY
Company Number: 03228965
BALANCE SHEET AS AT 31 Marth 2023
2023
2022
FIXED ASSETS
Tangible assets
1.383.356
1,431,645
CURRENT ASSETS
Debtors
Cash at bank and in hand
229.459
32,476
146,614
29.375
261,935
175,989
CURRENT LIABILinES
Amounts fallin8 due within one year
1448.2171
1306.8431
1448,2171
1306,8431
NET CURRENT LIABILtTIES
1186.2821
1130.8541
NON-CURRENT LIABILITIES
Amounts falling due after m￿e than one year
I320.￿0}
1307.3131
I320,0￿))
1307,3131
NEf ASSETS
877.074
993,478
FUNDS
Unrestricted revenue accumulated funds
Restricted Tevenue accumulated funds
835,953
41,121
952,789
40.689
TOTAL FUNDS
li
877,074
993,478
These accounts have been prepared in accLYdan¢e with the provisions applicable to companie5 subjeci to
small companies, regime.
The financial statements were approved and authorised for issue by the Board of Trustees and signed on
their behalf by:
C Berens
Group CEO
Date..
11-10-23
P4¢ 13

C¥J¢u&g7 Envdop? ID". D74B167A￿D8G4E1￿AE81-7oa6718m8
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POUCIES
Basis of preparation
Malt Cross Trust Company is a limited company by guarantee, regISte￿d in England. The address
of the registered office 15 given in the charity information on page l of these financial statements.
The charity constitutes a public entity as defined by FRS 102. The financial statements have been
prepared in accordance wtth Accountin8 and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 issued Ortober 2019 Isecond
edition). the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
IFRS 1021, the Companies Act 2(X)6 and UK General Accepted Prattice as it applies from l January
2015.
The finantial ststements are presented in steding which is the functiortal currency of the charity
and roLtnded to the nearest £. The financial statements are prepared under the historical cost
convention
Goin8 Qjncern
The trustees assess whether the use of going concern is appropriate ie whether there any material
uncertaintres related to events or condition5 that may Cast significant doubt on the ability of the
trust to continue as a going concern. The members of the council make this assessment eath year
in respert of a period of one year from the date of approval of the financial statements. The parent
company (YMCA Robin Hood Group) has agreed support to ensure the ￿rnpanY can meet it'5
commitments for at least 12 months from ihe balance sheet signing date.
Incomlng resources
All incoming re50urce5 are induded in the Statement of Financial Artivities when receipt is
probable or more likely than not to be received, and the amount can be quantified with reasonable
atcurary.
For donations to be reco8ni5ed the charity will have been notrfied of the amounts and the
settlement date in writing. If there are conditions attached to the donation and this requires a level
of performance before entitlement can be obtained then income is deferred until those conditions
are fully met or the fulfilment of those conditions is within the control of the tharity and it is
probable that they will be fulfilled. No amount 15 included in the finarbcial statements for volunteer
time in line with the SORP. Further detail is given in the Trustees, Annual Report.
Income from trading activities includes income eameil from fundraising events and trading
artivities to raise funds for the charity. Income is received in exchange for supplying good5 and
services in order to raise funds and is recognised when entitlement has occurred.

Docusyn Envebpe ID.. D746867A-9DWE18-AE81-7DJ671636488
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE FINANCIAL STATEMENTS l¢ontinued)
ACCOUNTING POLICIES (continued
Incoming resources {continued)
The charity receives government and other gra1￿. Income from govemment and other grants are
recognised at fair value when the charity has entitlement after any perfom)ance conditions have
been met, it is probably that the income will be received and the amrAJnt can be measured reliably.
If the entitlement is not met then these arrtounts are deferred.
Resources expended
All expenditure is atcounted for on an accruals basis. and has been tlassified under headings that
aggregate all costs related to the category. Where costs cannot be directly attributed to particular
headings. they have been allocated to activities on a basis consistent with use of the resources.
Funds
Unrestrirted funds are incoming ￿sourceS receivable or generated for the object5 of the charity
without further specified purpose and are available a5 general funds.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which
meets this crlteria is charged to the fund, together wtth a fair allocation of management and
support costs.
Flxed assets and depre¢iatknn
Tangible fixed assets are stated at C05t less depreciation. Depreciation has been provided at the
followin8 rates in order to write off the a￿tt$ Ile￿ their estimated residual valuel over their useful
economic lives..
Freehold property
Long leasehold
Fixtures and fittings
Computer equipment
2% straight line
2% straight line
10- 20% straight line
33% straight line
Grants receivable
Grants are included in the Statement of Finanoal Activities when the conditions for receiving the
grant have been met.
Where performance criteria is not yet met. grant income is deferred until such time as criteria is
achieved.
Finance and Operati￿ lease5
Renta15 paid under operating lea5e5 are charged to income on a strai8ht line basis mier the lease
term.
Page15

Do¢uSwJn En¥ebpe ID". D74BeS7A￿D864EI6-AEI1-7￿7l&J64OO
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE FINANCIAL STATEMENTS Ic4Jntinuedl
Nrr INCOMEIEXPENDITURE
Net incomelexpenditure is ststed èfter thar8in8.'
2023
2022
Depreciation
Auditors remuneration
59,175
5.270
57,4
5.366
The fee above h35 been paid by the Pa￿nt entity, YMCA Robin Hood Group.
INCOME FROM GRANTS AND DONAnoNS
Grants and donations received in the year were as follow5-
RESTRICTED FUNDS
2023
2022
Street Pa5tOfs (City}
Awards for all
13,1(Kl
s.000
2,000
3,000
1,000
Thomas Farr Charity
Albert Hunt Grant
JN Derbyshire Trust
Jessie Spencer Trust
Nottinghamshire Police
Oasis Christian Centre
17,788
1,2
235
200
Comrnunity of The Holy Cross
St Luke's Parochial Chruch Council
1,000
250
1,6LK)
8.058
Individuals and other
25,550
28,881
UNRESTRICTED FUNDS
20Z3
ZOZ2
General
JN Derbyshire TrLgSt
Coronavirus Job Retention Support Scherne
COVID-19 Business Support Grant
Heritage Lottery Fund Grant
Individuals and other
4,000
2,131
24,300
9,964
23,097
3,491
3,491
63,492
P4e 16

Dcusign En¥ebpe ID". D74B867AJJOWE1&AE81_7W71636468
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE FINANCIAL STATEMENTS (continued)
STAFF COSTS
2023
2022
Staff employed by the tharlty
Salaries and wages
Employer's National Insurance
Pension costs
17,C61
1,354
334
35,704
1,643
669
18,749
38.016
Avern8e employee numbers- fyll-time or lulktime ewi¥alents
Management
Administration
No employee received ernoluments of more than £60,COJ
No trustees received remuneration or expense payments during the year
TAXATION
Taxation is not provided on the grounds that Part 11 of the Corporation Tax Act 2010 applies (tax
exemption for charitable companiesl.
TANGIBLE FIXED ASSETS
Freehold
Long Fixtures and Computer
property leasehold
frttin8s Equipment
Total
Cost
As at l April 2022
Additions
1.434.485
131.052
256.185
8.463 1,830.185
10,886
10,886
As at 31 March 2023
1,434,485
131,052
256,18S
19,349 1.841,071
Accumulated depredatlon
As at l April 2022
Charge for the year
196.374
29,724
21,647
2.621
172.529
25,538
7,990
1.292
398,540
59.175
As at 31 March 2023
226,098
24,268
198,067
9,282
457.715
NBV at 31 March 2023
1.208.387
106.784
58.1
10.067 1.383,356
NBV at 31 March 2022
1.238.111
109.405
83.656
473 1.431.645
Page 17

Docu&97 Env*Jp8 ID.. D748e67A.90IfAEI8-AE81-7D86716364a8
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE F114ANCIAL STATEMENTS l¢Mlinyedl
TANGIBLE FIXED ASSEf5 Icontinuedl
Cost or valuation at 31 March 2023 is represented by:
Freehold
Long Fixwres and Cmiputer
operty leasehold
Equipment
Total
Cost
Valuation in 2CQS
Valuation adjustment in 2010
Valuation adjustment in 2013
2.857.824
1968.1101
1259,980)
1195.249
135.782
256,185
19.349 3,269,140
1968.1101
1209,9591
1250.Crf)01
50.021
154,7511
1.434.485
131,052
256,185
19.349 1.841.071
DEBTORS
2023
2022
Trade debrors
Prepayments
Social security and other tax debtors
Related party debtors
Other debtor5
128
828
4.160
159
131,870
9,597
15.555
203,930
9,846
229.459
146,614
CREDITORS: AMovNfs FALUNG DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Accruals
Amounts owed to group undertakings
Deferred incorne
Social security and other taxes
Other creditors
4,923
4,950
418.353
14,991
733
13,29S
286,286
245
6,284
448,217
306,843
Paoe 18

OoGuSign Enve*)pe ID.. D74e867A4)8PAE1&AE81.7D8671836488
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE FINANCIAL STATEMENTS Icontlnuedl
CREDITORS: AMOUNTS FAWNG DUE AFfER MORE THAN ONE YEAR
2023
2022
Amounts owed to group undertakirh8S
320,CW]O
307.313
Amounts due between one and two years
Amounts due between two and five years
Amounts due after five years
12,994
40,905
266,101
12,994
40.905
253,414
320,C#J)
307,313
Included within amounts owed tOBroup undertakings is a loan from YMCA Robin Hood Group. At the
balance sheet (Jate there have been no repayments of the loan from the group company. This loan is
secured on 14 and 16 St James. Street. YMCA Robin Hood Group has opted not to charge interest
during the current financial year. YMCA Robin Hood Group has agreed not to request repayment of
any balance due on this loan or other amounts due within short term creditors for at least 12 months
from the accounts signing date.
10. CONTINGENT UABIUTY
A number of funders make grant payments dependent on detailed submissions by Malt Cfoss Trust
Company. They reserve the right to audit these submissions retfospectively and insist that
information is recorded in particular formats. Malt Cross Trust Company make every effort to comply
with funders, requirements an(J to mJintain the specified records there is a risk that. at audit,
me amount of grant may be disallowed. Malt Cross Trust Company is not aware of any significant
risk in this respect.
P•Je 19

MALTCROSSTRuSTCOMP￿ly
NOIESFORMING PARTOFThE FINJIKIALSTATwep4TSlr(th
11. A￿AL￿soFFU1IDs
Genwalieserbt
Fixedassets
1161.3261
1.456.7X
2?.
1476.38ai
127J6BI LI￿.)72
79.454 1]¥
Is￿16
I547.￿31
145.8161 La83.356
995.414
3.701
1166.3261
gS2.n9
P).4y 119529UI
835.953
Stye¢tp￿ws1Crtyl
4S.801
136.3961
253SD
I25.1￿>
31281
1¥.3961
2555
125.1￿}
i.ui
IZZVOBI
F￿e4 ￿Sets resetye is a deSwIedfv￿ wreyesent fwd5￿￿￿￿ed Inr￿ed￿ets4r￿ s0werKéavallab￿ forthadtsble
donation5. Tran5fEr5arE rnadelomi this r¢Stt*toaccwnEfuthE rnoIWiiertin¥*tsL¥>*y￿u￿dtheurAthlr￿a5fet
RESTRICTED RESEAVES
Slrwt Pa5tL¥5lCRyl
The N0tt￿￿haM stre￿ Pallot5haScont￿L*dtOo￿o1Èth￿￿the￿ln NOtti￿￿5thrhinK￿￿timee￿Onot￿Y. Thepraiert
5UPPOrt$vuliera￿e pec* inthECitycentre. Fvndif*gJprwtsthem¥a8efflthit tranirv40fi￿rte3rn ofvdwteers.aSwell as sate spa￿$
aLr055thecKty. 5UPPQrtingyoungpE￿eaadStrtel￿￿.The Voi￿¢s5U￿Vorttd b¥an￿￿•15rn¥I dwation5birt PTedomirwntWbv
two donationsfrDmthE Nottingh3m5hireCrmE (unm￿￿￿￿01￿ea5￿￿Ia5 NDtti￿rn B￿ne$S￿￿Prv￿￿L￿t Dwri¢tlBIDI.

DwS¥n Enwewe ID.. D74B867A.9D8&4E18JE81-7D8671636188
MALT CROSS TRUST COMPANY
NOTES FORMING PART OF THE FINANCIAL sfATEMENTS l¢onlio)uedl
12. ANALYSIS OF FUND BALANCE BETWEEN NET ASSETS
Restrlrted Unre5trirted
fvnds
fvnds
Property
Total
2023
Fixed assets
Debtors
Cash
1,383.356
1.383,356
229.459
32,476
1448.2171
1320,¢J)01
229.459
18,6451
1448.2171
1320,C(JOI
41.121
C￿dItorS < l year
Creditors > l year
41.121
1547,4031
1.383.356
877.074
2022
Fixed assets
Debtors
Cash
Creditors < l year
Creditors > l year
84,129
146,614
111.3141
1306,8431
1307.3131
1.347.516
1.431.645
146,614
29.375
1306.8431
1307,3131
40,689
1394,7271
1,347,516
993,478
13. RELATED PARTY TRANSACllONS
YMCA Robln Hood Group
YMCA Robin Hood Group exercises control over ma￿ Cr05s Trust Company due to cornmon
management. During the year there were recharges from YMCA Rrtiin Hood Group of £54,75312022-
£56,5481. During the year. YMCA Robin Hood Group also pro￿ded ma￿ Cross Trust Company with
related party funds of £90.OCKJ12022 - £46.5￿1.
At the year end. there was an amount owed of £738.35312022 - £S93.5991 to YMCA Robin Hood
Group by the Trust. Included within this balance is a loan from YMCA Robin Hood Group amounting to
£320,00012022- £320,(KJOl which has seen £nil repayments durinB the year12022- £nill.
Mafty Cross Itd
During the year. Malt Cr05s Trust Company charged rent and Service charges of £75.63012022-
£59,500) to Malty Cross Ltd, a subsidiary of YMCA Rc&in Hood Group, for the occupation and use of
the Malt Cross Music Hall. Malty Cr05s Ltd recharged e¥pense5 paid on behalf of Malt Cross Trust
Company of £4,11812022- £nill. At the year end the Trust was owed £203,93012022- £131,869) from
Malty Cross Ltd.
P4g¢ 21

D¢xuSvJn En¥eknre ID.. D7I8867A-sD8￿El&AE81-7DS67I636488
MALT CROSS TRU5f COMPANY
NOTES FORMING PART OF THE FINANCIAL STATEMENTS Icontlnuedl
14. TRUSTEE5 REMUNERATION AND BENEFITS
There were no trustees, remuneration or other beneffts for the year ended 31 March 2023. nor for the
vear ended 31 March 2022.
There were no trustees, expenses paid for the year ended 31 March 2023, nor for the year ende(J 31
March 2022.
15. MEMBERS
The Charity is irtcorporated as a company limrÉed by guarantee hèvinE no share capital and, in
accordance with the Memorandum of A55(Klation. every member is liable to contribute a sum of not
more than £1 in the event of the AssfKiation being wound up. At 31 March 2023 there were 312022:
41 members.
Page 22