2023-03-31-accounts - YMCA Plymouth Ltd

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Yn¢A Here for young people Here for communities Here for you YMCA PLYMOUTH Report and Accounts Year ended 31st March 2023

Trustee's annual report (incorporating	Trustee's annual report (incorporating	director's
Independent auditor's report to	the members
Statement of financial activities	(including	income and
expenditure account)
Statement of financial position			20
Statement of cash flows
Notes to the fInancial statements			22

REFERENCE	AND ADMINISTRATIVE DETAILS OF THE COMPANY,	AND ADMINISTRATIVE DETAILS OF THE COMPANY,	AND ADMINISTRATIVE DETAILS OF THE COMPANY,	AND ADMINISTRATIVE DETAILS OF THE COMPANY,	AND ADMINISTRATIVE DETAILS OF THE COMPANY,
FOR THE YEAR ENDED		31 MARCH 2023
Chief Executive
Officer		Tom Lavls
Trustees
		Vic Hibbert, Chair
		Graeme Charles			Catling
		Tom Buttrlss
		Arash Dinari
		Jo Greenwood
		Helen Mary Hart
		. Annette Marie	Stone
		jeremy Robert		Sleet
		Rev Lawrence	Braschl
		Dean Anthony		Bennett
Company	secretary	Marlella Azzopardi
Company registered	number	03426094
Charity registered number		1066919
Registered	offic	Honlcknowle	Lane
		Plymouth
		Devon
		PLS 3NG
Independent		Westcotts (SW)			LLP
auditors
Bankers		HSBC Bank Pic
		4 Old Town Street
		City Centre
		Plymouth
		PL1 1DD
Solicitors		Wolferstans
		60-66 North	Hill
		Plymouth PL4		SEP

				2023	2023		2022
			Unrestricted	Restricted	Endowment	Total	Total
		Note	funds E	funds f	funds f	funds	funds
Income and
endowments
Donations and
legacies Charitable activities Investment income		5 6 7	1,031,060 1,364,770 272	57,854		1,088,914 1,364,770 272	493,398 1,145,531 224
Other income		8					4,000
Total income			2,396,102	57,854		2,453,956	1,643,153
Expenditure
Expenditure on	raising funds:
Costs of raising
donations	and
legacies		9	16,242			16,242	21,436
Expenditure on
charitable
activities		10,11	1,544,812	56,249	72,518	1,673,579	1,560,848
Total expenditure			1,561,054	56,249	72,518	1,689,821	1,582,284
Net losses on
investments		12	156			156
Net income			834,892	1,605	(72,518)	763,979	60,869
Transfers between		funds	(116,614)	27,675	88,939
Net movement	ln	funds	718,278	29,280	16,421	763,979	60,869
Reconciliation	of	funds
Total funds brought
forward			(549,689)	(162,971)	2,521,886	1,809,226	1,7481357
Total funds carried
forward			168,589	(133,691)	2,538,307	2,573,205	1,809,226

			2023	2022
		Note	E	(restatedg f
Fixed assets Tangible fixed assets Investments		18 19	3,066,774 4,153	2,892,685 4,309
			3,070,927	2,896,994
Current assets Stocks Debtors Cash at bank and in hand		20 21 22	500 50,339 25,476	750 73/838 4,038
			76,315	78,626
Creditors: amounts	falling due within one year	23	255,143	710,997
Net current liabilities			178,828	632,371
Total assets less current liabilities			2,892,099	2,264,623
Creditors: amounts year	falling due after more than	one 24	318,894	455,397
Net assets			2,573,205	1,809,226
Funds oftHe charity Endowment funds Restricted funds Unrestricted funds			2,538,307 2,521,886 (133,691) (162,971) 168,589 (549,689)
Total charity funds		28	2,573,205	1,809,226

		2023	2022
			(restated)
	Note		E
Cash flows from operating activities
Net income		763,707	60,869
Adjustments for:
Depreciation oftangible fixed assets Investment Income		169,740 156	111,192 (224)
Changesin:
Stocks		250	90
Trade and other debtors		23,499	65,594
Trade and other creditors Accrued expenses and deferred income		(300,757) (20,672)	153,171 (215,295)
Net cash from operating activities		635,923	175,397
Cash flows from investing activities
Interest receivable and similar income		272	224
Purchase oftangible assets		(343,829)	(907,409)
Net cash used in investing activities		(343,557)	(907,185)
Cash flows from financing activities
Repayment of loans and borrowings Payments offinance lease liabilities		(125,626) (56/518)	(100,921) 202/012
Net cash (used in)/from financing activities		(182,144)	101,091
Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at beginning ofyear		110,222 4,038	(630,697) 535,646
Cash and cash equivalents at end ofyear	22	15,171	(95,051)

exceeding Donations	E1to and	wards the legacies	assets ofthe	charity in the even	t of liquidati	on.
						Total
				Unrestricted	Restricted	Funds
				Funds	Funds	2023
Donations
Donations	from	individuals		14,740		14,740
Legacies
Legacies				921,915		921,915
Gifts
Gift aid reclaimed				2,461		2,461
Grants
Other grants Coronavirus job		Retention	Scheme	91,944	57,854	149,798
Covid assistance		grants
				1,031,060	57,854	1,088,914
Donations
Donations	from individuals			16,951		16,951
Legacies
Legacies
Gifts
Gift aid reclaimed				3,125		3,125
Grants
Other grants				342,049		342,049
Coronavirus	Job	Retention	Scheme	89,415		89,415
Covid assistance		grants		41,858		41,858
				493,398		493,398

Charitable activities
		Total		Tota I
	Unrestricted	Funds	Unrestricted	Funds
	Funds	2023	Funds	2022
	E	E	E
Facilities Sports Courses Rental income Catering income Memberships Other income Grant income	442,838 105,584 633,653 81,069 1,421 16,901 51,655 31,649	442,838 105,584 633,653 81,069 1,421 16,901 51,655 31,649	265,796 77,688 644,837 69,614 3,637 15,292 35,563 33,104	265,796 77,688 644,837 69,614 3I637 15,292 35,563 33,104
	1,364,770	1,364,770	1,145,531	1,145,531

Investment income
		Total		Total
	Unrestricted	Funds	Unrestricted	Funds
	Funds	2023	Funds	2022
	E		E	6
Interest receivable	272	272	224	224
Other income
		Total		Total
	Unrestricted	Funds	Unrestricted	Funds
	Funds	2023	Funds	2022
	E	E	E	E
Gain on disposal of tangible
fixed assets held for charity's own use			4,000	4,000

Costs of	raising donation	s and legacies
			Total		Total
		Unrestricted	Funds	Unrestricted	Funds
		Funds	2023	Funds	2022
		E		E	E
Marketing	and publicity	15,702	15,702	14,898	14,898
Allocated	support costs			738	738
Staff costs		540	540	5,800	5,800
		16,242	16,242	21,436	21,436

Expenditu	le activities by fu	nd type
					Total
	Unrestricted	Restricted Endowment			Funds
	Funds	Funds	Funds		2023
	E	E	E		f
Charitable activities Support costs	1,514,294 30,518	56,249	72,518		1,643,061 30,518
	1,544,812	56,249	72,518		1,673,579
	Unrestricted	Restricted Endowment		Total Funds
	Funds	Funds	Funds		2022
				Prestated)
	E	E	E		E
Charitable activities Support costs	1,440,776 27,502	33,538	59,032		1,533,346 27,502
	1,468,278	33,538	59,032		1,560,848

Expenditure on ch	aritable	activities by acti	vity type
		Activities		Total
		undertaken directly	Support costs	funds 2023	Total fund 2022
		E	E	E	E
Staff costs Depreciation Premises costs Lease costs Subscriptions		1,032,324 169,740 146,551 29,256 24,980		1,032,324 169,740 146,551 29,256 24,980	989,293 111,192 119,952 54,905 25,853
Telephone, printing stationery Irrecoverable VAT Programme costs Banking costs Pension deficit costs Other costs Governance costs	and	10,914 31,824 91,135 33,632 22,310 50,395	30,518	10,914 31,824 91,135 33,632 22,310 50,395 30,518	22,043 30,610 71,373 41,614 53,700 19,746 20,567
		1,643,061	30,518	1,673,579	1,560,848

12.Net losses o	n invest	men	ts
					Total
				Unrestricted	Funds	Unrestricted	Total Funds
				Funds	2023	Funds		2022
								(restated)
					E	E		E
Gains/(losses) investments	on listed			(156)	(156)
13.Analysis of	governance		costs
				Unrestricted		Total		Total
					funds	Funds		Funds
						2023		2022
					6	E		6
Audit ofthe Legal fees	financial	statements			7,500 23,018	7,500 23,018		8,000 12,567
					30,518	30,518		20,567

14.Net income	14.Net income
Net income is stated after charging/(crediting):
		2023	2022
		E
Depreciation oftangible fixed Gains on disposal oftangible	assets fixed assets	169,740	111,192
Auditors remuneration		7,500	(4,000) 8,000
15.Staff costs
		2023	2022
			6
Wages and salaries		933,714	869,630
Social security costs		76,719	65,655
Pension costs Other staff costs		21,891 34,564	19,303 40,505
		1,068,143	995,093

				2023	2022
				E	E
Audit	ofthe	financial	statements	7,500	8,000

Tangible fixed	assets
	Freehold property	Long leasehold property 6	Fixtures, fittings 5 equipment	Motor vehicles	Computer equipment 6	Total f
Cost At 1 Apr 2022 Additions	3,462,090 269,137	42,046 4,595	677,527 69,249	67,800	101,995 846	4,351,458 343,827
At 31Mar 2023	3,731,227	46,641	746,776	67,800	102,841	4,695,285
Depreciation At 1 Apr 2022	940,202	42,046	313,813	67,800	94,910	1,458,771
Charge for the year	76,714	744	86,747		5,535	169,740
At 31Mar 2023	1/016,916	42,790	400,560	67,800	100,445	1,628,511
Carrying
amount
At 31Mar 2023	2,714,311	3,851	346,216		2,396	3,066,774
At 31 Mar 2022	2,521,S87	—	363,713		7/085	2,892,685

Investments
	Other
	investments
	(restated) f
Cost or valuation
At 1 April 2022	4,309
Additions
Gains/(Losses) in investment	(156)
At 31March 2023	4,153
Impairment At 1April 2022 and 31March 2023
Carrying amount At 31March 2023	4,153
At 31 March 2022	4,309

All investments	shown above are held at valuati	on.
20.Stocks
		2023	2022
		f	E
Raw materials	and consumables	500	750
21.Debtors
		2023	2022
		f	E
Trade debtors		46,581	53,355
Prepayments	and accrued income	3,758	18,334
Other debtors			2,149
		50,339	73,838

Cash and cash equivalen	ts
Cash and cash equivalents	comprise the following:	2023	2022
			(restated)
		E	E
Cash at bank and in hand Bank overdrafts		25,476 (10,305)	4,038 (99,089)
		15,171	(95,051)
Creditors: amounts falling due within one year
		2023	2022
		E	E
Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes Pension scheme creditor		18,539 26,053 65,612 33,747 27,343	232,949 57,485 86,284 16,434 26,547
Obligations under finance contracts Other creditors Other loans	leases and hire purchase	44,997 21,292 17,560	56,128 7,349 227,821
		255,143	710,997

Creditors:	amounts falling due after more than on	e year
		2023	2022
Obligations	under finance leases and hire purchase
contracts		121,245	166,632
Pension scheme creditor		131,875	138,036
Other loans		65,774	150,729
		318,894	455,397

Operating	Operating	lease com	mitments
Total future		minimum	lease payments	under	non-cancellable	operating	leases are as
follows:
						2023	2022
						E	E
Within	one year					16,246	12,794
Between one and five			years			29,188	42,688
						45,434	55,482

			2023	2022
			E	E
At 1 April 2022			75,967	293,504
Amount	released	to income	(75,967)	(293,504)
Amount	deferred	in year	35,433	75,967
At 31	March 2023		35,433	75,967

Unrestricted fun	ds
1	At Apr 2022 E	Income f	Expenditure E	Transfers E	Gains and At losses 31Mar 2023 E f
General funds	(549,689)2,396,102		(1,561,054)	(116,614)	(156)	168,589
	At				Gains and	At
1	Apr 2021 f	Income E	Expenditure E	Transfers E	losses E	31 Mar 2022
General funds	(156,082)	1,643,153	(1,489,714)	(547,046)	—	(549,689)
Restricted funds 1	At Apr 2022 E	Income E	Expenditure	Transfers f	Gains and At losses 31Mar 2023 E
Petroc Pension Fund Kickstarter	1,613 (164,584)	6,206	(1,613) (22,309) (6,206)	27,675		(159,218)
Outside Classroom Football grants		1,000 31,146	(1,000) (10,892)			20,254
Climbing grants		4,367	(4,367)
Xmas Household		9,000	(8,164)			836
Fund
Capital(Ocean play & Solar		4,455	(18)			4,437
Panels) Ys Group		1,680	(1,680)
	(162,971)	57,854	(56,249)	27,675		(133,691)

Endowment f	unds
	1Apr	At 2022 E	Income		Expenditure Transfers E E		Gains and losses 31 E			At Mar 2023 E
Permanent
Endowment Fund	2,521,886				(72,518) 88,939					2,538,307
	1Apr	At 2021 E	Income E		Expenditure Transfers E E			Gains and losses E	At 31 Mar 2022 E
Permanent
Endowment Fund	2,033,872				(59,032) 547,046			—		2,521,886
Analysis of net assets between				funds
				Unrestricted		Restricted	Endowment		Total Funds
					Funds	Funds		Funds		2023
					E	E		E		E
Tangible fixed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year					506,232 4,153 73,023 (227,800) (187,019)	22,235 3,292 (27,343) (131(875)		2,538,307		3,066,774 4,153 76,315 (255,143) (318,894)
Net assets					168,589	(133,691)		2,538,307		2,573,205
				Unrestricted		Restricted		Endowment		Total Funds
					Funds	Funds		Funds		2022
					E	E				E
Tangible fixed assets Investments Current assets Creditors less than 1year Creditors greater than 1 year					370,799 4,309 77,013 (684,449) (317,361)	1,613 (26,548) (138,036)		2,521,886		2,892,685 4,309 78,626 (710,997) (455,397)
Net assets					(549,689)	(162,971)		2,521,886		1,809,226