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2022-03-31-accounts

ANNUAL REPORT AND STATEMENT 2021-22 ‘Inspiring communities, transforming young lives’

Everyone should have a fair chance to discover who they are and what they can become

2 YMCA Trinity Group

Contents

- Report of the Chief Executive 4–5
-Report of the Chair of Trustees / Public Beneft 6
- Strategic Report (Incorporating Board Report) 7-49
- Strategic Direction 7
- Our Values 8
- Impact Report Covid-19 / Sustainability 10-11
- Impact Report - Safeguarding / EDI 12-13
- Impact Report Accommodation 14-17
- Impact Report Support & Advice 18-19
- Impact Report Family Work - Childcare 20-23
- Impact Report Family Work - Youth Projects 24-27
- Impact Report Health & Wellbeing - Gyms 28-29
- Impact Report Health & Wellbeing - Mental Health 30-33
- Impact Report Training & Education 34-35
- Impact Report The Cresset 36-37
- Focus Area - Fundraising 39
- Focus Area - HR & Quality - Belief in Potential 40-41
- Performance and Value for Money 43
- Financial Review 44-45
- Legal & Administrative Information 46
- Governance Section 47-49
- Independent Auditors Report 50-54
- Statement of Comprehensive Income 55
- Statement of Financial Position 56
- Consolidated Statement of Changes in Reserves 57
- Statement of Cash Flows 58
- Notes to the Financial Statements 59-81

YMCA Trinity Group 3

Report of the Chief Executive

Jonathan Martin CEO

Welcome to YMCA Trinity Group’s Annual Report for 2021/22. We will lay out for you the work we have done, the impact we have had and share with you some of the stories of the people we’re so proud to work with.

“Our greatest glory is not in never falling, but in rising every time we fall” - Confucius

Our year started as the previous year had finished, with a Covid-19 lockdown. This meant that just as we were getting all our work back on track, we were asked to stop some of it again. This was tremendously frustrating for our clients, staff and volunteers alike. We arose again and, when able, got back to work with renewed vigour. However, Covid-19 has, as for many others, continued to affect our funding, income streams, our staff, our clients, and those other agencies we work with.

Over our 170-year history we’ve shown that we can adapt and this is what we’ve done. We have looked at our delivery to clients, changed how some of our staff work and engaged with technology to allow us to meet virtually.

We have also focused on the future. Through the year we have worked on a few new Housing developments, including one in Kirkgate Street, Wisbech where we started work on site. These developments are complex and challenging, but really exciting. Housing for young people is a huge issue across our area, both in terms of availability and affordability. We will continue to look at providing move-on accommodation to support our clients’ journeys to independent living. We have

also reduced our reliance on rented houses by purchasing them ourselves. This helps us reduce costs, but also helps us to maintain quality in the homes we provide. As with last year, Mental Health remains a key issue across all our client groups.

The Mental Health Team have increased their work externally and helped provide more support internally for the people we already work with. We have seen increased reporting of anxiety, depression and stress, plus more young people considering harm to themselves. Whilst this trend was already increasing, the Covid-19 pandemic has accelerated this increase. It’s important, therefore, that we continue to support more people in this area.

Our Family Respect work has been continued and makes a real difference to those who are the victims, and perpetrators, of domestic violence. This can be a difficult area to discuss, but the team have not just worked hands-on with young people, but also raised this important issue more widely.

Our Youth Justice projects, Appropriate Adult and Reparation , have also worked uninterrupted having found different ways to make sure we delivered to clients. In Youth Work we have extended our allotment work in Lowestoft and moved into a new base in the town. We’ve also been part of a national programme of the RAF Benevolent Fund to run youth work provision on three RAF bases on our patch, RAF Honington, RAF Wittering and RAF Wyton. We are incredibly pleased to be part of this.

Ipswich

4 YMCA Trinity Group

Benefiting Individuals and the Community

In some areas it has been a year of recovery to a greater extent.

The Cresset , our trading subsidiary, was severely affected by lockdowns, but we’ve seen steady increases back towards 2019 levels across the year. This is more challenging in some areas, like the theatre, than others, where customer confidence was very low. We needed to show that we were a safe venue and encourage people back to use us.

As always, this work is only possible through the hard work and commitment of our staff and volunteers. I am always inspired and in awe of their innovation, resilience and professionalism even in the most trying of circumstances. You are incredible and have my greatest thanks. To support staff communications we’ve begun using HIVE. This enables us to acknowledge one another, give feedback, communicate more effectively and survey our staff on issues.

Health & Fitness was also shut down for a long period at the start of the year. It has been good to see members returning but we continue to do more work in this area.

Also thanks to our Board of Trustees. They have continued to support our work and plan for growth in the future, giving freely of the time, energy and skills.

We are driven to rise again, after falling, by our mission to do More work, with more young people, in more places . This is the mission that keeps us focused on growth for the future.

Childcare worked throughout the lockdown period, making sure that children still got excellent early years development, preparing them for school. Recruitment of staff in this area has been very tough, as it has across the sector, so we will keep working to make sure we add to our great team.

We now support communities across

7,100 km²

with a population of over 1.6 million people

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451
bed spaces
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311 Childcare spaces across 6 settings

YMCA Trinity Group 5

Report of the Chair of Trustees

Steve Mallison Chair of the Board of Trustees

This has been yet another extraordinary year, with plenty of opportunities for falling and rising, and yet, despite the changing and uncertain circumstances, the charity has continued to deliver its mission to communities, families, and young people.

It’s right that we recognise the resilience and cheerful hard work of our amazing team of employees and volunteers, and I want to thank them on behalf of our trustees.

Trustees have been described as “guardians of purpose”, working with the executives to ensure that decisions put the needs of beneficiaries first, along with safeguarding assets, and establishing a strategy for the charity to follow. The tenure of a trustee is necessarily a temporary one, and this year, as we said goodbye to Ian Dow (my predecessor chair), Jordan Bambridge and Dominic Bowles, we welcomed Ann Radmore and Marlini Finney to the team. Thank you to all our trustees, past and present, for their service to the organisation. It is a privilege to lead such a group of talented people, who freely give of their time, skills and knowledge, and whose work and ideas never fail to inspire.

I write this at a time of escalating problems, both globally and locally, and the work of our charity must continue to respond to, and meet, the complex spectrum of developing need in our region – something we’ve been doing for decades. Whether you’re a client, an employee, volunteer or a supporter, thank you for your involvement with us; please continue to lend us your support as we face the difficult challenges ahead.

Public Benefit

The work of YMCA always strives to be relevant to the needs of society, with the aim of transforming the way young people are viewed as part of the community. We provide innovative solutions to problems facing young people through the delivery of a range of quality services and projects.

Each year we deliver relevant and impactful work to ensure we are meeting the needs of both our young people and the communities in which we work. Our new Corporate Plan and updated Vision and Values help us to set a course and remain true to our mission.

Over the coming pages we will outline some of the challenges faced by our teams, our organisation and our clients in the past year, and celebrate our achievements and impact. We will also consider the year to come, and how the pandemic and it’s after-effects will impact our work and our clients.

All our work is for public benefit. YMCA Trinity Group has distinct objectives, which are set for public benefit and the organisation continually assesses that it is directly or indirectly meeting these objectives. All new work is considered against the objectives, age range and geographic scope that have been agreed by the Board and Executive Team. Existing work is reviewed regularly to ensure that the organisation is meeting its objectives and targeting client groups’ needs.

Throughout this report you will be able to read more about the many varied and successful projects and services we have put in place to support our young people and families across the region and, more importantly, evidence the social impact we have achieved during this financial year, and the ambitious targets we have set ourselves for the future.

6 YMCA Trinity Group

Strategic Direction

YMCA Trinity Group is part of a federation of over 101 YMCAs across England and Wales. Our vision is to help create supportive, inclusive and transforming communities where young people can truly belong, contribute and thrive. At the heart of how we work in communities, and with each other, are strong and committed relationships rooted in our inclusive values, approach and heritage.

As a federation, YMCA England and Wales has developed a strategic plan, covering five core areas of work which all YMCAs follow. Our approach is based on having a national presence with local relevance, and is achieved by YMCA Trinity Group in a variety of ways across the five core areas of work as follows.

SUPPORT & ADVICE:

We are there for every young person in the community, supporting them and their families through difficult times with a wide range of programmes and services.

Our main aim is to enable every young person to grow and develop in every aspect of their life and we have developed support and advice schemes, including youth engagement programmes, youth offending projects, mental health interventions, domestic violence and crisis support.

HOUSING:

YMCA is the largest provider of safe, supported accommodation for young people in England and Wales. In YMCA Trinity Group we have 451 units across our region, with sites in Peterborough, Cambridge, Huntingdon, Bury St Edmunds and Ipswich. These units offer supported and emergency housing for young people, including care leavers, homeless young people, unaccompanied asylum seeker children, and young people with special needs. Additionally, we offer parent and child supported housing, as well as student accommodation.

Our philosophy of supporting young people holistically means that we provide not only a bed, but we also help a young person transition from dependence to independence by giving support, training, life skills and building resilience in order to lead to independent living.

FAMILY & YOUTH WORK:

Being part of a healthy, stable family gives a young person the best start in life. Across YMCA Trinity Group we offer a range of support to families including six fully operational childcare settings providing Ofsted registered places for 311 children on a daily basis.

Our youth work offer has continued to expand across YMCA Trinity Group, operating in both community venues and schools. Pre-pandemic we were able to offer youth support in 33 schools and five venues, with a mobile van providing additional support to families and young people where it is most needed, particularly during school holidays. We are now returning to work in schools and communities where the need is greater than ever.

HEALTH & WELLBEING:

As a youth charity we recognise that health and wellbeing is a contributing factor to people developing other areas of their lives, from education and employment to relationships and social networks.

We currently own three state-of-the-art gyms in Peterborough and Cambridge, which are open to the communities we serve at affordable prices. We provide sessions for people with long-term conditions and disabilities, and we work closely with local GPs, NHS stroke teams and community nurses who refer their patients to us. We also offer a range of physical activity programmes for all ages including young personled health education projects.

Through our mental health intervention work, we recognise the serious issues facing so many young children in our schools. Our School Teacher Training Programme helps teachers understand the complex mental health problems that young people face, and trains them to spot the signs at an early stage. The Mental Health team have built a comprehensive new strategy and continue to adapt and develop our offer to support teachers and students as they navigate the after effects of the pandemic.

TRAINING & EDUCATION:

Helping young people gain the confidence to make decisions about their own lives is an important part of our work. Education is more than formal schooling. That’s why we provide a range of education, skillsbased training and school support services. Our Access 2 Employment (A2E) service works with a range of supported family schemes offering work-ready support, careers advice and job opportunities.

YMCA Trinity Group 7

Our Vision

‘Inspiring communities, transforming young lives’

Our Values

We believe in potential – yours!

We inspire – you to have a vision for your life.

We respect – everyone’s personal journey.

We empathise – with your individual life choices and support you to take action.

We act with integrity – we are honest and have strong moral principles.

8 YMCA Trinity Group

ACT_REPO 202£/22 _

COVID - 19

The pandemic continued to impact our work throughout 2021-22. However, as this report demonstrates, our teams worked incredibly hard and with commitment and adaptability to continue to support hundreds of young people. Services such as accommodation, finance, maintenance, appropriate adult, childcare and mental health continued throughout, adapting to continually changing landscapes and embracing new technologies and ways of working. Elsewhere our support services teams kept our organisation running smoothly, and we are pleased to be able to continue to offer hybrid and home working in some areas for those who feel it is of benefit to them in terms of flexibility and wellbeing.

The impact on our income streams was significant, most notably with our Gyms and The Cresset, our trading subsidiary, seeing the effects of ongoing restrictions. We also saw an impact in staff absence, as our teams took responsibility for self-testing to ensure the safety of others; and in our supply chains and collaborative work as the impact of this global pandemic left no one unaffected.

As we write this report we continue to ensure the safety of our client groups and our staff teams, and to ensure our buildings and services are managed safely and responsibly.

100%

of staff returned from furlough

10 YMCA Trinity Group

Environmental Sustainability

As a global movement, YMCA is committed to advancing global conservation and responsibility to reduce the effects of climate change through youth-led education programmes and initiatives that improve environmental awareness.

The UK Government is a signatory to the United Nations Sustainable Development Goals (SDGs 2030) and the Paris Climate Agreement. In 2019, the UK committed to be net carbon zero by 2050, and at the end of 2021 the UK hosted the international climate talks that focused on how countries will meet the commitment of the Paris Agreement and keep global temperature rise to no more than 2°C.

In this global and national context, YMCA Trinity Group is now developing a holistic sustainability and net zero strategy, which will commit to improving the lives of the local communities it services, especially young people. Young people will feel the impacts of climate change most prominently throughout their lives, and as an organisation working closely with youth, YMCA Trinity Group can improve the planet they will inherit while equipping them with the knowledge and skills they need to pursue their passions and make a difference in the world.

YMCA Trinity Group’s commitment to the people it supports will be strengthened by including four of the Sustainable Development Goals in the strategy – Affordable and Clean Air, Sustainable Cities and Communities, Responsible Consumption and Production and Climate Action.

The strategy will focus on these areas:

X Policy - Develop a standard environmental policy aligned to the mission and values of the charity. Develop a carbon reduction strategy (e.g. carbon targets and roadmap to achieve net zero).

X Responsibilities – Provide training to key staff best placed to develop the sustainability strategy – e.g. the Sustainability Working Group and building/facility managers.

X Action planning – Develop a standard environmental action plan framework.

X Communication and engagement – Providing climate literacy information for staff and our client groups.

X Data intelligence – Develop energy and environmental intelligence (energy, carbon, water, waste, transport, procurement etc.), building energy saving audits and carbon foot-printing.

YMCA Trinity Group 11

Safeguarding

Over the last three years, YMCA Trinity Group has completely overhauled the safeguarding taking place in the organisation. Protecting people and safeguarding responsibilities are high governance priorities for YMCA Trinity Group. It is a fundamental part of operating as a charity for the public benefit. We take all reasonable steps to protect from harm people, including those who benefit from our work, staff, volunteers and other people who come into contact with our charity through its work.

YMCA Trinity Group’s policies and procedures for protecting people and safeguarding are put into practice, responsive to change, reviewed as necessary (always following a serious incident and at least once a year), available to the public and compliant with all relevant legislation. All staff, volunteers and Trustees receive regular safeguarding training.

We use software called MyConcern to log all concerns and referrals. This offers a confidential, real time platform where all concerns are kept and archived. No concern can be amended – all entries are on a chronological timeline.

The reporting from MyConcern shows that during the year 2021-2022, we have logged 462 concerns. We have started recording much lower levels of concerns 462 now so are expecting this number to rise significantly in the coming year. This CONCERNS level of recording is so that we can identify patterns of safeguarding in a child or LOGGED young person and thus protect them at an earlier stage. The main concerns logged this year have been around self-harm, suicidal thoughts, mental health, domestic and physical abuse.

As part of our safeguarding work, we predict what may be coming using external research and trends to prepare our organisation for what may come. Thankfully, despite mental health concerns rising during Covid, they seem to have stabilised now in our client group although suicidal ideation and self-harm are seen more regularly in a small group. Our childcare settings are concerned about growing child poverty which may contribute more to safeguarding concerns in the coming months. We also have noted that eating

disorders are rising nationally and this will be something we are watching for over the coming year.

Training is always crucial, and this graph from 2021/22 shows our commitment to training our staff and volunteers throughout the organisation.

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90
80
70
Everyones Business
Safeguarding for Trustees
60
Safeguarding for Charities
50 Safeguarding Lead combined
adult and child online
40 Safeguarding Lead: Child
Online
Safeguarding: Adult
30
Safeguarding: Child
20
10
0
Total
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12 YMCA Trinity Group

Equality, Diversity & Inclusion

While we continue to ensure EDI is embedded into our day to day work, we understand that we can always develop, to learn and to do better. We have continued to make positive progress in several areas this year:

38%

of employees would recommend working for YMCA Trinity Group

YMCA Trinity Group 13

Providing a home and personalised support services for a fresh start in life.

HOUSING

A nurturing and supportive environment

It has been another busy yet productive year in the Accommodation team. Whilst still responding to the challenges of Covid-19, our whole staff team have continued to deliver a nurturing and supportive environment with a complete wrap around service for those in our care.

During the year we have seen several of our support services come up for re-tender and we are delighted to have been successful so we can continue to support those that need both housing and support.

We are part of an exciting new partnership in Cambridge called the Young Futures Partnership that will help co-ordinate supported accommodation for young people in Cambridge.

We have exciting plans for developing our services further in 2022/23 including developing our next accommodation plan for 2023-2026.

347 residents taking part in education, employment or training

779 residents supported - 13% increase

305,317 hours, a 221% year on year increase in hours of support provided to our residents

9% decrease in residents with mental health issues

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79%
79% of residents
leaving YMCA moved
on in a planned /
positive way this is a
1% decrease
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14 YMCA Trinity Group

Achievements 2021-22

Buildings – Improving our accommodation stock

Teams – ensuring our staff teams have the right resources, training and skills to deliver safe and

effective services

Clients – Implement a psychologically informed environment approach that focuses on the strengths, wellbeing and aspirations of our clients

Growth – increasing the number of people we can support

YMCA Trinity Group 15

HOUSING li* 16 VMCA TrirrfiyGrOUP

Strategic Priorities 2022-23

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QUALITY TEAM PEOPLE GROWTH
Working with our Develop and Implement a new Identify new move-on
residents, develop a implement a Client Asset Management accommodation units.
new Accommodation Involvement Plan, that Plan and carry out new
Plan for 2023-26 will pave the way for a Stock Condition Surveys
setting out our co-production structure to inform a new 30-
priorities for the next 3 that is ambitious and year investment plan.
years. inclusive.
Establishing our new Implementing In- Continue our focus on
Quality Assurance Form for all housing reflective practice to
Team and Quality management build resilience within
Framework. functions. our teams.
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Andy’s Case Study

YMCA Trinity Group 17

SUPPORT & ADVICE

A safe place to talk and get help through guided groups, mentoring, counselling, and mental health services.

Appropriate Adult

Appropriate Adult continued to provide services throughout the pandemic, working closely with the Youth Offending Service and the Police to ensure all young people and vulnerable adults were supported safely.

Across the year our AA volunteers worked with 1,340 people in Cambridge, Peterborough, Huntingdon, March and Kings Lynn with 83.6% of calls achieving a response time of under 60 minutes, well within the required 90 minute expectation.

We were also pleased to see volunteer numbers return to pre-covid levels.

Supported 1340 people

Reparation

Since the lifting of covid restrictions, the reparation service has resumed its activities working with young people and offering a wide range of opportunities to complete their reparations including:

X Wood skills: Young people are making community window boxes for Cambridge community, raised planter boxes and even a beehive hotel.

“Your work is really appreciated, particularly over these difficult times. Thanks for your commitment and your unswerving commitment and passion for young people”

X The Church of the Good Shephard: General gardening work, church grounds and car park area maintenance. Activity is undertaken 1-2-1 and alongside community groups and adult volunteers.

X Burnesfield Allotment: Shared project with Cambridgeshire youth offending services. Young people working there have helped repair the polytunnel, plant fruit trees, make raised beds, help clear and lay topsoil, and this is an on-going project that has further scope for reparation activity.

X Hitchingbrook Park: Young people help with litter picking, on-site checks, working with park rangers cutting back willow, clearing paths of brambles, and clearing small ditches. Young people are around a lot of families and dog walkers, and it is a brilliant and positive place for a young person to feel part of community, especially when they do get to work with a park ranger.

121 young people were sorry for their crime vs 28 who were not

Worked with 203 young people, compared to just 96 in 2020-21

Strate ic Priorities 2022-23 g

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QUALITY PEOPLE GROWTH
Get feedback from 100% of Increase network of partners Increase locations of delivery
supported people. to increase placement projects to widen community
opportunities. impact.
Manage feedback from partners Diversify placements to
and referrers to ensure quality accommodate a wider range of
of delivery. referral circumstances.
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18 YMCA Trinity Group

Family Respect

Our Family Respect project is part of a larger domestic abuse programme across Peterborough and Cambridgeshire which is being funded by the Home Office. The programme in its entirety has three strands which focus on: stalking and harassment, healthy relationships, and child to parent abuse.

238 sessions offered

The Family Respect project focuses on working with children and young people who display any abusive behaviours towards their parents and carers and other people in their family. The work is being led by YMCA Trinity Group through collaboration with the Police and Crime Commissioner and Respect UK. The focus is to support families who are experiencing child to parent abuse with a particular focus on working with the child or young person to facilitate change and growth within the family.

Our Family Respect project works with the child or young person in a face-to-face environment (where this is possible) over several weeks, working with them as part of the solution, rather than viewing them as the problem. Our intention is to rebuild family relationships and create long lasting change for everyone in the family, by 206 of support providing healthy and sustainable approaches to manage conflict. hours given to

families The project started in November 2021, and this is when the referral pathway opened. Between November 2021 and March 2022, we received a total of 81 referrals which evidenced that support for parents as victims of child to parent abuse was essential across Peterborough and Cambridgeshire.

In the same time frame, we offered 238 sessions and out of these 180 sessions were attended by either young people, parents/carers or to the whole family.

Families received 206 hours of support from practitioners during the same period which includes initial calls to assess the level of risk and the direct sessions themselves which took place with either young people, parents/carers or to the whole family.

Strategic Targets 2021-22

Our target set by commissioners was to receive 100 referrals. Between November 2021 and March 2022, we received and triaged 81 referrals and to date we have superseded our target and have received 138 referrals. In the same time period, we engaged with 40 families in the full therapeutic intervention which involves different people within each family system. A total of 74 individuals within these families were supported during this period.

Strategic Priorities 2022-23

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QUALITY TEAM PEOPLE GROWTH
Value feedback from Increase case holding Strengthen signposting. Identify future funding
families and partners. capacity. opportunities.
Publicise project Improve case Embed partnership Refine referral
outcomes. transitions and cases. working. pathway.
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YMCA Trinity Group 19

FAMILY & YOUTH WORK

Creating positive outcomes with children and young people in their communities, and support for families with nursery, day care, holiday and year-round programmes.

Childcare

2021-2022 continued to be a challenging year for our Childcare services due to the continued impact of the Covid-19 pandemic and ongoing recruitment issues within the childcare sector as a whole. However, we are now seeing an increase of attendance across all our childcare settings as we slowly begin to see a new normality.

The year has seen our childcare settings take part in various programmes, including the Emotional Wellbeing Project, of which 2 funding bids secured us £14,570 to deliver staff training, parent workshops and produce home learning resources for 237 families. We worked closely with the Mental Health Team to develop a package of training and webinars.

Our Lowestoft settings have continued to work with the Lowestoft Youth Team to visit and undertake sessions at the Shine allotment. This has supported 98 children to learn about growing and looking after nature, supporting and expanding their knowledge of the world around them.

Increased economical costs has had an impact on our budgets. Due to financial sustainability and ongoing building issues we made the decision in March 2022 to close our YMCA Childcare Exning Road setting at the end of May 2022.

YMCA Childcare is proud to have engaged with 498 children over the year.

YMCA Childcare has engaged with 498 children

this was an increase of 41%

237 Home Learning Packs

produced and given to families through our Emotional Wellbeing Project

20 YMCA Trinity Group

Lifyl.

FAMILY & YOUTH WORK

Childcare - Joey’s Case Study

introduce calming activities and spend quality time with their

78 children

transitioned from YMCA Childcare to school, this was a decrease of 21% due to Covid-19

220,078 Hours

of childcare were delivered to families

22 YMCA Trinity Group

Achievements 2020 - 21

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QUALITY TEAM PEOPLE GROWTH
To achieve a minimum To continue to invest in To ensure parent To actively seek new
of Good Ofsted grading, staff CPD and training partnerships are opportunities to
striving for outstanding demonstrated through expand YMCA Childcare
in all settings a number of activities Services into more
communities
Ofsted have carried 203 CPD courses The Emotional £14,570 was awarded
out routine inspections have been completed Wellbeing Project has through 2 separate
at 3 of our Childcare through iHasco, Noodle supported 237 families funding bids to
settings during the Now and NDNA. with home learning deliver the Emotional
year. Two were graded resources to help Wellbeing Project.
‘Good’ and one was support and enhance
graded ‘inadequate’. children’s learning and
Our other settings still development within
remain ‘Good’ and the home environment.
‘Outstanding’.
To develop early To work with the To promote YMCA
intervention Mental Health team Childcare brand in all
programmes and to undertake training our communities to
workshops for parents in Mental Health increase attendances
and children Awareness for all staff and strengthen
our reputation as a
56% of operating 44 staff members provider
hours were worked at took part in training
over the legal staffing through the Emotional 217 Social media posts
ratio’s. This enables a Wellbeing Project. were made across all
higher quality of care Childcare Facebook
and gives additional 9 staff members have pages. This enables
time to further support been supported to current and prospected
the needs of individual access the Employee parents to find out
children. Assist Programme by more about YMCA
their line manager. Childcare.
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Strategic Priorities 2021-22

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QUALITY TEAM PEOPLE GROWTH
To ensure quality To actively promote To continually improve To increase the
care and education is staff wellbeing quality through parent numbers of children
offered to children at partnerships attending across all
all times sites
To develop outside To continually improve Children’s wellbeing is Promote YMCA
provision the quality of staff encouraged through Childcare brand
knowledge to support planned and informal
children’s development activities
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YMCA Trinity Group 23

FAMILY & YOUTH WORK

Youth Work - Airplay

In January 2022 we were delighted to be selected to become part of a collaboration of YMCAs awarded a 4-year contract to deliver the RAF Benevolent Fund’s flagship Airplay programme which offers support to over 11,000 children and young people living in the RAF. At RAF Honington, RAF Wyton and RAF Wittering, YMCA Trinity Group’s Airplay youth workers are working in partnership with RAF Community Development staff to deliver a range of activities for children and young people.

The initiative is designed to help relieve some of the pressure on highly stretched RAF families.

Activities provided through the Airplay programme aim to stimulate and nurture children’s aspiration, ambition and resilience. We also provide vital support and reassurance to families.

Air Play

A face-to-face youth work programme providing activities and opportunities for young people aged 8 - 18 at 24 RAF Stations across the UK.

Ben Clubs

A face-to-face play work programme providing activities and opportunities for young people aged 5 - 7 at 24 RAF Stations across the UK

Strategic Priorities 2021-22

QUALITY TEAM GROWTH Engage our youth to participate Providing additional training To provide a resource from in the The Youth Forum in to our staff to support our which youth workers can draw London organised by One YMCA SEN children; building their inspiration and confidence to in partnership with RAF. Aiming confidence on dealing with organise adventure activities to empower young people to challenging young people who and residential opportunities for participate actively in society have higher needs. young people. to improve their own lives by representing and advocating their needs and interests and those of RAF families. Improve measuring outcomes Identify additional sources of from service delivery; funds to support more RAF qualitative and quantitative children and those who have measures/ coproduction SEN. approach- get young people engaged in service development.

24 YMCA Trinity Group

Airplay - Case Study

EL has had some issues at school, she suffers with anxiety and it has caused her to have facial ticks. Since EL has been coming to Airplay, staff have worked with her to develop coping mechanisms to help with this. She really enjoys pool and we have been allowed to use the pool table on station, this has helped to build confidence and increase engagement.

EL is around for all sessions and has encouraged and helped the younger members of the group, even getting involved with a speech for the special project and helping staff to prepare the application.

As EL’s engagement and interest has grown, staff have given her some responsibility during sessions which has helped to build confidence. With the special project grant, EL Completed her First Aid at Work certificate which she is delighted about. The Airplay team celebrated EL’s success with a certificate presentation ceremony at the youth club. The certificate is now proudly displayed for all to see.

As she continues to spend time at Airplay, it is clear that EL’s confidence is building, she really enjoys all sessions and she is learning skills along the way. She has a great moral compass and is very compassionate for her age.

We will continue to support EL and we hope to get her through her volunteering certificate. Staff have enjoyed working with EL and are proud to see how much she has grown in confidence.

Since 31 January 2022 ...

142 Youth Members

across three sites

133.5 Hours

delivered across AirPlay and BenClub

YMCA Trinity Group 25

FAMILY & YOUTH WORK

Shine Youth Work - Lowestoft

Following Covid lockdowns, the Shine youth team returned from furlough part time in March 2021 and resumed full time in September 2021. During this time they set up our new building at Imperial House in Lowestoft which has seen us able to increase provision and opportunities to young people across the town. Numbers throughout this time remained lower than usual due to Covid isolation and people remaining cautious, and our one to one support was impacted due to external visitors into schools not returning until October 2021. Although attendance was lower we were pleased to be able to offer opportunities for young people to engage in positive activities and socialise, bringing back a sense of normality that had been lost. 15 external trips were provided across the school holidays with 62 young people attending.

Additional projects have included supporting children aged 2-4 years old from the nurseries to visit the allotments on a weekly basis and providing sessions at the local sports centre for young people to have the opportunity to experience the climbing wall for 4 weeks.

Heritage Lottery Fund

Our Heritage Lottery Funded project started at the end of the year, this project focuses primarily on the British food timeline, allowing young people the opportunity to gain knowledge and skills about the past in relation to the hunting, gathering and growing of food for survival.

Alongside this they also learn about living conditions, variations in social status in each time period, dress and general daily lives. This sees them able to compare and contrast the lives of people living in those times and begin to develop an awareness of their own cultural history.

26 YMCA Trinity Group

“My son has been attending various YMCA sessions for a while now and loves going. He has made new friends, built confidence and tried new things including sessions at their allotment and at their fixed venue in central Lowestoft. He has been invited to trips with the team too. He had so many positive things to say and my daughter couldn’t wait to attend when she turned 8” - Parent

140

allotment sessions

938

drop-in sessions

144

cooking sessions

“I can’t praise you guys enough, you do so much for our children. I’m so happy I heard about this club, its given my girl a whole new group of friends and more social skills of being around people. Its not just play and fun it’s also learning. From cooking to growing vegetables in the allotment and arts and crafts and, in nice weather, park trips and beach too. You guys go out of your way to teach them new things and have loads of fun, thank you so much for all you do” - Parent

Strategic Priorities 2021-22

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QUALITY TEAM PEOPLE GROWTH
Maintain high levels Maintain high levels of Increase number of Increase opportunities
of support for young staff satisfaction beneficiaries for disabled
people participants
Increase volunteers at Provide opportunities
the allotment sites to a wider age range
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YMCA Trinity Group 27

HEALTH & WELLBEING

Gyms, sport and recreation for fitness, and community hubs for classes, social connection and collaborations.

The year began with our gyms having seen a 87% reduction in memberships during the pandemic. While gyms opened in April, and classes resumed in May, it was July before social distancing restrictions were lifted and we were able to resume full operations. In Cambridge we saw a slower increase in memberships, as people continued to work from home rather than travelling into the city, but across both Peterborough and Cambridge memberships grew steadily throughout the year.

As memberships grow, so does the class programme and our focus has been on not only increasing the number of classes offered, but on offering a wider range, with new classes and instructors selected to suit our membership and responding to member feedback. Across the year, class attendance was 1,356 in Cambridge and a brilliant 9,110 in Peterborough. As this started from zero at the beginning of the year and includes reduced capacity covid-safe classes we anticipate a positive increase on these totals in the coming year.

Amazing value gym. Excellent classes run by wonderfully positive friendly staff - VanVic Rider on Google

Sadly, the Iswich gym was not able to rebuild memberships, and the decision was taken to close the gym in Spring 2022. We will now look to see what alternative opportunities can be created in the space.

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“Lovely people. I suffer with very
high anxiety but they are so
patient and caring. 10/10”
- Natasha on Google
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patient and caring. 10/10”
- Natasha on Google
Membership Numbers
2400 Pre - Covid
2200
Current
2000 2382
1800
1600
1400
1512
1200
1353
1000
800
600 931
400
200
0
28 YMCA Trinity Group
Peterborough Cambridge
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Achievements 2021-22

QUALITY TEAM PEOPLE GROWTH Diversify class Resume and increase Maximise new Rebuild membership programmes with new marketing activity in opportunities in using new marketing classes and instructors all areas to reinforce Ipswich to develop strategies to target to meet demand and brand awareness membership and new members. attract new members. across our region. increase our offer. New classes in Marketing has While new Memberships have Peterborough increased, although opportunities were increased steadily in include junior we have continued to explored, the decision both Peterborough and boxing, adult toning, utilise digital channels was taken to close the Cambridge, meeting stretch & relaxation. rather than the more gym and new uses for most quarterly targets. Peterborough has 22 costly and less agile the sports hall are now classes, of 13 different print campaigns. being discussed. Ipswich continues to types. struggle to attract We continue to work new members. Social Cambridge has 15 on developing new media advertising has classes, with new marketing inititatives. helped to increase classes including memberships and Zumba Gold, Body tone promote classes. and dance aerobics to appeal to the senior members.

2443 memberships in total

Annual class numbers were as follows Cambridge: 1356 Peterborough: 9110

Strategic Priorities 2022-23

QUALITY TEAM PEOPLE GROWTH Develop robust Provide training on Utilise customer Review processes for processes for gathering internal systems feedback to refine the handling enquiries and and evaluating for staff - develop a offering of equipment measuring conversions customer feedback. more comprehensive and classes. while ensuring high onboarding and levels of customer care. induction process for those in customerfacing roles. Increase customer Continue to rebuild engagement through memberships to within challenges and 25% of pre-covid levels fundraising initiatives. (Cambridge 1,533, Peterborough 2,383).

YMCA Trinity Group 29

HEALTH & WELLBEING

Mental Health Services - Rising to the challenge

It has been an extremely challenging time for staff and clients, but our mental health team have risen to the challenge. The last year has seen a 71% rise in referrals for clinical services as communities struggle to deal with the impact of the pandemic, and statutory services reaching out to help cope with increased demand. Data shows we provided the equivalent of 15 hours of therapy for every day of last year, and over 1,300 adults received training!

What was already an established service and encompassing a range of preventative and clinical programmes, has seen widespread growth in both reach and capacity. Not only have schools benefited from timely counselling support and confidence building training to address needs; but the team have adapted seamlessly to support wider communities and statutory services. Counselling sessions 711 clients supported were taken on site to residents who were isolated and unable to this was an increase of 2.5% access external services. A series of parent webinars were developed to support struggling parents, and clinical supervision offered to staff to help them cope with the new challenges they have been facing.

The impact of these programmes has been significant. 92% of delegates said they improved their confidence through training and 75% of clinical referrals despite their challenges.

It’s been remarkable how the team have not only maintained the service during lockdown when many expected it to close, but expanded provision in order to meet the needs of a whole range of communities. As well as direct services, the team has been instrumental in influencing both the local crisis response; as well as taking on a co-ordinating function to support the wider children’s mental health offer in collaboration with a range of statutory services. All of this work has taken place without significant commissioning, but through effective planning, marketing and funding applications.

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5,592 support sessions
delivered - an increase of 49%
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“Very interesting,
informative but calming as
well! Thank you!”
– Parent Webinar
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– Student
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30 YMCA Trinity Group

Achievements 2021-22

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QUALITY TEAM PEOPLE GROWTH
Maintain high Increase staff Provide more support Increase programmes
satisfaction levels. sessional workers. for existing partners. offered.
93% enjoyed our Our target was to 79% of settings 11 new services were
training and 94% increase our team renewed their provision offered this year as a
learned more. by 10%, but due to with us, which is up result of responding
demand this rose by from 76% last year. to needs; including
36%. staff supervision, new
parent workshops and
staff training.
courses
Improve Client Maintain high levels of Increase number Increase opportunities
Outcomes. practitioner feedback. of beneficiaries and to share good practice.
settings.
75% of clinical referrals 99% of delegates We have grown the
showed positive thought trainers We worked with 22% number of strategic
outcomes when were knowledgeable more settings this year networks we are part
compared to our target and 98% of clients compared to a target to raise awareness of
of 70%. felt our counsellors of 10% and referrals
needs and influence
and therapists were rose by 71%. decision making.
professional.
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We work in 126 settings, seeing an increase of 22%

44%

increase in clinical support for CYP

295 courses delivered

Strategic Priorities 2022-23

QUALITY TEAM PEOPLE GROWTH
Develop needs led
provision for other
departments.		 Increase opportunities
for Staff Development
to maintain quality.		 Ensure provision is
needs-led.		 Develop new
programmes to meet
wider needs.
To continue to improve
the quality of provision
through effective
monitoring, evaluation
and outcome
measurement.		 Maintain high levels of
practitioner feedback.		 Provide existing
programmes to other
audiences.		 Increase opportunities
to share good practice
by developing new
partnerships.

QUALITY TEAM PEOPLE Develop needs led Increase opportunities Ensure provision is provision for other for Staff Development needs-led. departments. to maintain quality. To continue to improve Maintain high levels of Provide existing the quality of provision practitioner feedback. programmes to other audiences.

To continue to improve the quality of provision through effective monitoring, evaluation and outcome measurement.

YMCA Trinity Group 31

HEALTH & WELLBEING

Mental Health Services - Student B Case Study

his anger for some time, in particular exhibiting quite

without escalating the situation and we have done quite a lot of work on choices and consequences. In more recent weeks we have

32 YMCA Trinity Group

Opportunities to gain qualifications, skills and employment.

YMCA Trinity Group 33

TRAINING & EDUCATION

Opportunities to gain qualifications, skills and employment.

Building Better Opportunities (BBO)

Building Better Opportunities is a project funded by the National Lottery Community Fund and European Social Fund but we are actually commissioned by Peterborough Council for Voluntary Services. The project supports projects in England that tackle poverty and promote social inclusion across Peterborough, Fenland and West Norfolk. Employability offers an innovative programme design based on a personalised approach with a tailored package of barrier-busting and support interventions which are designed and commissioned with participants

Strategic Priorities 2022-23

As this funded project comes to an end, the current team priorities are to ensure a managed closure, with the following aims and considerations:

X Create a specific time frame action plan for all existing clients

9 clients offered employment

90% of clients feel more positive about their future

Worked with 21 clients

34 YMCA Trinity Group

Building Better Opportunities - Jodie Case Study

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Stock Image
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YMCA Trinity Group 35

THE CRESSET

An inclusive, supportive community hub where people can connect, celebrate, and play a part.

The challenges

The Cresset continues to be impacted by the pandemic throughout 2021-22. Activity areas such as the Theatre, the Pub, Conference & Banqueting and performing arts all experienced periods of closure and / or ongoing restrictions on activity and capacity. From compulsory face coverings to social distancing and table service, it all made for another incredibly challenging year.

All these changes meant a lot of work was undertaken by our teams on customer communications, rescheduling events, working with customers to understand and adapt to restrictions, and of course understanding the frequent changes in guidance and legislation from the government. As we move into 2022-23 we are beginning to see a return to normality, although we face significant industry-wide challenges in our trading areas. Recruitment and retention of front line staff, rising costs, supplier chain issues and customer confidence are all impacting us as we begin the new year.

8 socially distanced theatre shows

We will continue to monitor these challenges, and adapt our operations as best we can to keep The Cresset moving forward in a positive and sustainable way.

- Natasha, Bride

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153
digital streams
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125

live performances

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36 YMCA Trinity Group
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Achievements 2021-22

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QUALITY TEAM PEOPLE GROWTH
Developed a strategy Continued to support Grew our social media Began a review of our
for growing our our teams through following to over company strategy
performing arts furlough and returning 12,000 customers. including vision and
provision and to work. mission.
increasing our impact
on young people.
Returned to full Supported team Used CRF funding to
capacity pantomime members in support Goldhay Arts in
with 30 local young appropriate job roles to staging an anniversary
dancers joining the utilise hybrid working. show.
professional cast.
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Strategic Priorities 2022-23

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QUALITY TEAM PEOPLE GROWTH
Review the pub Recruit, train and Review marketing Continue to seek out
offer with a view to develop our casual processes focusing funding opportunities
increasing footfall and team members to on customer for capital and project
revenue. support the increase in communications and work.
business post-covid. experience.
Begin implementing Recruit kitchen team Increase collaboration Increase spend per
the new performing members to bring us opportunities through head in all hospitality
arts strategy starting back to full capacity. networking and operations through
with summer school. research. product and pricing
reviews.
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YMCA Trinity Group 37

Creating positive outcomes with children and young people in their communities

38 YMCA Trinity Group

FUNDRAISING

Total £38,066.92

0 5000 10000 15000 20000 25000 30000 35000 40000 3rd Sector Corporate Amazon Community YMCA England & Donations Donations Smile Fundraising Wales RoomSponsor Programme

This year we have continued in our partnership with Cambridge Building Society and their Making The Difference programme. Through the partnership Cambridge Building Society has helped us with practical projects like creating outdoor furniture for our residents from wood pallets to supporting our staff teams with wellbeing sessions. They have supported us on our journey to move to more digital platforms which included training for our staff and helping us explore internal intranet solutions. Their donation is directly funding our Access to Employment programme which supports young people into employment, education and training which is vital to develop skills for independent living.

Amanda Butterworth, Accommodation Director, said “We are incredibly grateful to The Cambridge Building Society for the support it gives in funding this work. We know it makes a tremendous difference to the lives of young people. They truly want to help and support us in any way they can”

On 10th March 2022 we were pleased to work with LandAid on a fantastic fundraising event in Cambridge. The big SleepOut follows the same format as the YMCA’s SleepEasy events, with participants spending a night under the stars to raise awareness and money. We are grateful to all those who participated, our sponsors Morgan Sindall, and the Cambridge University Rugby Club for providing such an excellent venue. Funds from this event are not included in the above total, as they were received in the next financial year and so will be reported in the annual report for 2022-23.

We have also been signed up to and receiving donations through Amazon Smile - http://bit.ly/2YbEXOy

YMCA Trinity Group 39

HR & QUALITY

22 Apprentices supported towards a qualification

Throughout the year we have continued to look at ways we can better engage, support and develop our teams. From onboarding to training to communications we continue to strive to make YMCA Trinity Group a great place to work.

Recruitment

We have started using an Applicant Tracking System which supports our recruitment and onboarding journey for new staff and volunteers.

It is a system which streamlines our recruitment with an engaging careers website to increase direct hires. It has a bespoke and automated candidate journey, to increase candidate engagement level and candidate journey.

Staff Engagement

We are pleased to be working with ‘Hive’ as a tool to improve our employee engagement. We’ve

started with ‘Hive Fives’ these are a way to recognise a colleague’s contribution in line with our values. Next year, we’ll have our first engagement survey and then begin planning our improvements. In the first three weeks, since launching Hive on 8th March staff have given each other 248 Hive Fives!

Development

We began to offer Coaching to staff following our deputy CEO achieving her level 7 Coaching and Mentoring qualification. Staff have a safe space to explore areas and ideas they want to discuss. Coaching provides the challenge and support that they need to explore their potential.

3 young people supported on the Kickstart Scheme

We supported the government Kickstart initiative, offering entry level employment to young people under 25. The roles were based in Lowestoft and Ipswich in our catering, facilities and childcare departments. Three young people worked with us for a maximum of 6 months; developing employability skills, getting support with CV writing and building their confidence.

Apprenticeships

22 apprenticeships supported across the year – an increase on the 21 undertaken last year. 5 different apprenticeship areas: Early Years, Business Administration, Marketing, Youth Work and Team Leading.

Training

The HR team ran 9 internal training sessions for line managers on HR processes. These help new managers learn about our policies and procedures or are a refresher for longer serving supervisors. Topics: Recruitment, Onboarding and Probation Process, Supervision and One to One training, Managing Absence, How to set OKR targets, Emergency first Aid at Work.

Internally ran 3 Emergency First Aid at Work training sessions, qualifying 30 staff. Four managers have taken part in a YMCA leadership programme, visiting 4 other YMCAs and hosting leaders at our Peterborough site. Managers involved have built professional networks, learnt and been inspired by other YMCAs as well as participating in CEO-lead sessions. These have included managing change, personal management styles, team building and professional development.

67 Staff Members attended internal HR training sessions

40 YMCA Trinity Group

YMCA Youth Matters Awards 2021

Staff at our UASC (Unaccompanied Asylum Seeking Children) accommodation provision celebrated taking home the Diversity Award at the highly anticipated return of YMCA’s Youth Matters Awards in November.

Youth Matters is YMCA’s national awards programme marking an integral part of the charity’s calendar since 2009, celebrating the outstanding skills and achievements of young people from across the country and recognising the vital work that YMCAs deliver every day.

At the prestigious ceremony, the UASC team triumphed over strong competition from other projects across England and Wales during shortlisting, a public vote and a final decision by judges.

Danielle Parodi, Deputy Accommodation Manager, said; “ It was a brilliant night at the Youth Matters awards and I’m so proud of the UASC team for winning the Diversity Award. Being recognised and winning this award really has built our confidence to aspire in our roles here and push ourselves to our full potential in supporting the residents.”

Congratulations also go to our Shine team who were finalists at the ceremony for the Family Work Project of the Year award. However, despite fantastic work with their Allotment Project in the past year which involves children growing flowers, fruits and vegetables, they just missed out to YMCA Norfolk for the award.

531 staff & volunteers

Trusted Charity

Continual improvement is a priority for us across the organisation. To ensure we’re working to best practice and to identify ways in which we can improve we’re looking to achieve our Trusted Charity Award at level 2. This is a quality award for charities and is a tool for us to benchmark against and identify where we can make improvements. At the moment, we’re completing a comprehensive self-assessment against the 11 quality indicators. From this, we’ll generate an action plan to make sure all indicators are ‘fully met’ and best practice is embedded in our processes.

For an organisation of our size, the assessment method will take 4 or 5 days. We’ll have to submit documentary evidence of our work as well as interviews with a range of staff about how these work in practice. Once we achieve the Trusted Charity Award we’ll be able to demonstrate to stakeholders that we have good governance, are a user-centred service, manage staff and resources well, monitor outcomes and impact and much more! We look forward to reporting on our progress in next year’s report.

YMCA Trinity Group 41

42 YMCA Trinity Group

Performance and Value for Money

Value for Money Statement 2021/22

YMCA Trinity Group is committed to achieving Value for Money across all aspects of the business. Through reviewing systems, the Association has sought to reduce costs and achieve economies of scale. Combined with a tight budgetary control process and clear understanding of cost drivers within the business overall savings have been achieved.

The Finance Department has undertaken a review of central costs to review and minimise expenditure where possible and look at the allocation methods across the cost centres to reflect a fair & equitable apportionment to YMCA services.

Continuous procurement of overheads is applied which has resulted in costs for services like telecoms and photocopier contracts being significantly reduced. Utility costs have been minimised through better efficiency from ongoing investment in new lighting and heating systems across main sites and the use of a broker facility for group purchasing of supplies.

Following the publication in June 2019 of the Value for Money metrics from the Regulator of Social Housing, we will be considering ways in which we can further measure performance against our peers. We are now able to report purposeful data & include the resulting performance measures in our 2021-22 report.

Good value combined with excellent service delivery is central to YMCA Trinity Group’s business approach. The Group, through its delivery of contracts for grants and services combined with housing provision, seeks to make a surplus to support more young people and services such as Access to Employment that require additional financial resource. As a charity we also fundraise to support projects that require resource that helps YMCA achieve the mission and deliver valuable work in the community.

We have summarised our performance below against key metrics published by the regulator:

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Value for Money Metrics: 21/22 20/21
1 Reinvestment % 1.9% 0.5%
Investment in housing properties in the year as a percentage of the gross book value
at the year end
2A New supply delivered (social housing units) 0.0% 1.0%
Total social housing units acquired in the year as a percentage of total social housing
units owned at the year end
3 Gearing % -2.95% -3.81%
Total net debt (loans – cash- short term liquid investments) as a percentage of housing
properties at cost
4 Earnings before interest, tax, depreciation, and amortisation (EBITDA, major 1,063% 883%
repairs included) interest cover % Surplus generated compared to interest payable
5 Headline social housing cost per unit £15,282 £15,019
6A Operating margin (social housing lettings only) % 12.4% 13.1%
6B Operating margin (overall) % 2.7% 2.1%
7 Return on capital employed 1.9% 1.2%
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YMCA Trinity Group 43

Financial Review 2021/22

Summary statements reflect that consolidated income increased by £819,379 (8.0%). For the charity itself, income increased by £384,821 (4.0%) to £9,994,282, including a gain on disposal of social housing property of £48,487.

Income from Supporting People remained consistent to 2020/21 contributing to the group total of £976,142 in the year.

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Income by Activity 2021/22 2020/21
CHARITABLE: £ £
Accommodation 6,996,792 6,906,305
Health & Wellbeing 257,727 321,528
Support & Advice 600,461 554,880
Training & Education 17,609 23,235
Fundraising & Development 426,634 232,799
Family Work - Children’s Nurseries 1,125,219 975,910
TRADING: Trading & Investment 1,589,770 1,180,176
TOTAL INCOME 11,014,212 10,194,833
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The charity received £151,010 of restricted funding from the Big Lottery Grant to deliver community projects compared to £50,606 in 2020/21.

The unspent balance is held as a restricted reserve on the balance sheet and is stated as £10,094 (2021: £13,398) at the year end March 2022.

YMCA Trinity Group Income and Expenditure 2021/22 by Activity

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15.5%
14.4%
10.2%
63.5%
13.4%
57.3%
3.9% Income Expenditure
0.2% 3.4%
5.5%
2.3% 0.2% 6.6%
3.5%
Accommodation Fundraising &
Development
Health & Wellbeing
Family Work
Support & Advice
Trading & Investment
Training & Education
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Total operating costs for the year equated to £10,686,561 (2021: £9,989,128). This demonstrates that the charity’s investment in support & advice activities and childcare as part of its strategy to diversify its work in the community.

Total expenditure is analysed as follows:

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YMCA Operating Costs 2021/22 2020/21
£ £
Charitable 8,669,939 8,459,493
Trading 1,652,474 1,226,998
Fundraising 364,148 302,637
TOTAL COSTS 10,686,561 9,989,128
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44 YMCA Trinity Group

This resulted in a net contribution as follows:

YMCA Net Contribution/Loss 2021/22 by Activity

Charitable

Trading & Investment Fundraising & Development

----- Start of picture text -----
+100%
+19%
-19%
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Our trading and investment income generates a contribution on a consolidated basis which allows the charity to undertake its charitable activities which do not generate a positive return.

The return from investment and trading, which predominately is represented by the trading activity undertaken by the Cresset, can fluctuate depending on the level of bookings and success of the performances during the year.

The trading operation made considerable efforts to minimise expenditure, including making use of the Government furlough scheme where possible. On this basis the charity continues to support the recovery and future sustainability of the trading operations.

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YMCA Net Contribution/(loss) 2021/22 2020/21
£ £
Charitable 327,869 322,365
Trading & Investment (62,704) (46,822)
Fundraising 62,486 (69,838)
YMCA Net contribution/(loss) 327,651 205,705
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Future Financial Implications

The group participates in a closed contributory pension plan providing defined benefits based on final pensionable pay for employees of YMCA’s.

Under FRS 102 the pension agreement plan liability is disclosed on the Balance Sheet, further details are given in note 24 to the financial statements.

Reserves

The total consolidated reserves of the group are £11,831,627 (2021: £11,443,395). The charity has restricted funds relating to the Big Lottery grant which amounted to £10,094 (2021: £13,398).

The Trustees have determined that monies should be set aside for uninterrupted provision of high quality services to young people; this includes keeping their homes in a good state of repair. The charity owns other investment properties including Haywood House which was re-developed to flats in 2016/17. It has also purchased a number of houses for client use.

The amount invested in the various buildings at the year-end amounted to £13,967,313 (2020: £14,015,354) and these reserves are tied up in buildings and functional assets as such are not available for the use of the charity. These assets are used by the charity to achieve the charitable objects which is

predominately housing focused. The organisation is reviewing its 30 year Asset Management strategy in 2022/23.

The balance of free reserves is managed by the Charity/Group for working capital to support the operational activities and revenue funding to deliver services.

The Charity/Group calculates that it depends on the cash flow requirement of at least £500,000 in reserves to meet the demands and fluctuations in the current account each year. Therefore, the level of free reserves is seen as adequate for the charity. The strategic plan is to increase this level of reserve by increasing revenue streams from development of services and fundraising opportunities, which then allow the charity to consider future developments and investments.

YMCA Trinity Group 45

Legal and Administrative Information

Officers, Professional advisers and association information for the year ended 31 March 2022

President

Vacancy

Vice Presidents

D Jones, O.B.E. R Mills, J.P., M.B.E.

The Board of Directors

Mr Steve Mallinson (Chairman)

Mr Alric Blake (Resigned 01/07/22)

Mr Dominic W Bowles (Resigned 06/12/21)

Reverend Anthony Chandler Resigned (25/05/22)

Mrs Pauline Donovan

Mr Ian Dow Resigned (31/12/21)

Mrs Marlini Finney (Appointed 5/7/21)

Mrs Julie Horne

Mrs Samantha Loveday Appointed (01/06/22)

Registered Office

Queen Anne House Gonville Place Cambridge CB1 1ND

Bankers

Lloyds TSB plc Gonville Place Branch 95 Regent Street Cambridge CB2 1BQ

Solicitors

VWV 45 Clarendon Road Watford WD17 1SZ

Auditors

Stephenson Smart & Co 36 Tyndall Court Commerce Road Lynchwood Peterborough PE2 6LR

Registered Social Housing Provider Number

H4179

Mr Andrew Lucas

Mrs Antonia MacLean

Miss Lianne Pemberton

Registered Charity Number

1069810

Mrs Ann Radmore

Mrs Mary Sanders MBE Resigned (25/07/22)

Company Registration Number

3561613

Mrs Tracy Simpson

Mrs Chris Wilkinson

Chief Executive

Mr Jonathan Martin

Company Secretary

Mrs Davina Lee

46 YMCA Trinity Group

Governance

YMCA Trinity Group is a Company limited by guarantee (incorporated on 6 May 1998) and a Registered Charity (1069810) and a Registered Provider of Social Housing (H4179).

Trustee Board

The Trustees are legally responsible for directing the affairs and strategy of the Charity. All Trustees are volunteers and receive no remuneration. Trustees can only serve for a maximum of two 4-year terms. Trustees are also Directors of the Company.

The Board meets at least four times each year to regularly review the YMCA’s strategy, budget and performance. They also hear directly from project staff and participants on their services.

The Board delegate day-to-day management of the Charity to the Chief Executive and their Executive Team, as well as to other senior managers. Trustees also delegate specific responsibilities to some sub-committees:

Finance, Risk & Compliance
Committee (FRAC)		 Quality & Client Services
Committee (QACS)		 Remuneration
Committee
The Cresset Limited
Meets four times a year
to review compliance and
fnancial performance
(including the Audited
Accounts feedback),
Risk, Health & Safety, IT,
Cyber Security, GDPR, and
Safeguarding issues.		 Meets quarterly to ensure
compliance with regulators
and ensure the association
maintains the highest quality
in terms of HR and the
overall quality, impact and
effectiveness of its client-
facing programmes.		 Oversees the staff benefts
package, including
recommendation to the
Board of any annual salary
increase, and it monitors the
performance of the Chief
Executive.
The Board oversees the
fnancial and outcome
performance of the Cresset
subsidiary. It meets
quarterly and includes direct
representation from the Board
by a Trustee.

The Trustees are always looking at ways to increase our Mission impact and provide long-term sustainability.

Retired Trustees

During the year Mr Dominic W Bowles and Mr Ian Dow and stepped down from the Board.

New Trustees

A small working party of three Trustees and the Chief Executive review our annual Board skills audit and seek to recruit new Trustees into areas where we might lack expertise. During this year, the focus has been on recruiting Trustees with Housing knowledge and skills, fundraising and people with a background in Early Years or Pre-School Education. An induction is given to all new Trustees. We were pleased to appoint Marlini Finney and Sam Loveday to the Board this year.

The Association is a federated member of the Young Men’s Christian Association movement in England and Wales, in accordance with its Christian values and its Corporate Values of Belief in Potential, Integrity, a Holistic Approach and Respect, the Association exists to provide support to persons of all religions and of none, and accordingly the Objects of the Association are:

YMCA Trinity Group 47

Executive Pay

The Trustees have an established Remuneration Committee made up of at least three Trustees. Their role is to look at the pay, benefits and conditions for all employed staff; to conduct and review the CEO’s annual appraisal; and to review and set the pay for the Executive Team. They are aided in this last role by Total Reward Solutions, who conduct benchmarking and comparison work using data from the Statutory, Voluntary and Commercial sectors.

Principal Risks and Uncertainties

The Charity has a Risk Management policy and procedure covering our current day-to-day operations as well as any new business development programmes. Risks are reviewed by the Executive team and the Finance, Risk & Compliance Committee, according to the potential impact and /or likelihood of occurrence. All risk is RAG-rated and reviewed on a regular basis.

Key Risks Areas:

----- Start of picture text -----
Risk Area Management
Funding: YMCA projects may be X Funding challenges in the wake of Covid-19.
impacted by changes in policy at both X Making allowances for Inflationary pressures
Local and Central Government level, X Supporting YMCA England & Wales to engage with Central Government.
plus outside factors X Diversification of funding to include greater generated income.
X Reviewing cost-effectiveness.
X Development of new services.
X Investment in Fundraising capacity.
Safeguarding: YMCA clients may be at X Robust Safeguarding Policy & Procedure, reviewed annually.
risk from abuse. X A staff Committee from across the organisation to ensure high quality
implementation of the policy and procedures.
X Using MyConcern as a safeguarding IT platform
X A safeguarding dashboard presented to the Oversight Committee.
X An outside agency to support our safeguarding and keep us up to date with
developments and learning.
Pension: YMCA Defined Benefit X Working with YMCA Pension Scheme on ETV process
Scheme’s deficit increases and X Engagement with the Pension Scheme on issues and actions to maintain or reduce
impacts costs dramatically. the pension liability.
X Triennial consideration of S75 buy-out.
Reputation: An incident or occurrence X Pro-active management of projects.
may damage or have a negative X Strong policies and procedures.
impact on how people perceive the X Positive relationships with media.
organisation. X Professional PR support in place.
X Monitoring of complaints.
X Review of incidents, including near-misses.
Data Security: Loss of personal data X Robust information husbandry of policies and procedures.
or an outside agency attempting to X Professional IT support.
access information nefariously. X Pro-active approach to data safety.
X Staff training.
X GDPR Compliance.
Health & Safety X The Group’s safety manager undertakes management of all safety matters for the
Group.
X The Health & Safety policy is agreed and signed off by the Board, once it has been to
the Oversight Committee for comment.
X An H&S report (covering every aspect of safety that is noted within the groups Health
& Safety policy) is submitted to the Board on an annual basis, in September.
X Fire, asbestos, Legionella, COSHH compliance checks are undertaken throughout the
Group on a 3-monthly basis by the Group Safety Manager.
X All risk assessments for staff are developed and personally issued to staff and
volunteers, and accident and near miss and fire reporting is collated by the H&S
Manager.
X The Health & Safety Committee meets 3-monthly to discuss any safety matters that
need resolution or further action, has 16 members of staff, nominally 1 person from
each area of the business, and includes the Support Services Director in its number.
Staff and Volunteers: Failure to recruit X Regular 1-2-1s and support meetings.
or retain staff or volunteers. X Investors in People accreditation.
X Training and development opportunities.
X Staff and Volunteer welfare.
X Staff benefits.
X HR Dashboard set up to monitor key trends.
----- End of picture text -----

48 YMCA Trinity Group

Governance and Financial Viability Standard and Code of Governance

The Board has taken reasonable steps to ensure that it meets the requirements of the Governance and Financial Viability Standards, and is satisfied that there have been no material breaches of the Standard.

Public Benefit

The Board has taken account of the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims, objectives and planning.

Statement of Directors’ Responsibilities

Company Law and Registered Social Housing Provider legislation require the Directors to prepare financial statements for each Financial Year, which give a true and fair view of the state of affairs of YMCA as at the end of the Financial Year and of the surplus or deficit of the organisation for that period.

In preparing these financial statements, the Directors are required to:

The Directors are responsible for ensuring that arrangements are made for keeping proper books of account with respect to YMCA’s transactions and its assets and liabilities such as to enable every statement of comprehensive income of YMCA Trinity Group to give a true and fair view of the income and expenditure of the period and every statement of financial position of the state of affairs of YMCA and to ensure that the financial statements comply with the requirements of the Companies Act 2006, the Housing and Regeneration Act 2008, and The Accounting Direction for Private Registered Providers of Social Housing in England 2019.

The Directors are also responsible for establishing and maintaining a satisfactory system of control over YMCA’s books of account, its cash holdings, and all its receipts and remittances, and hence for taking steps for the prevention and detection of fraud and other irregularities.

Internal Controls

The Directors have considered their responsibilities and systems of internal control and agreed that no significant weaknesses or breaches are considered to exist. The Charity operates a comprehensive annual financial planning and budgeting process, which is approved by the Board. Performance is monitored through the use of activity and financial targets.

An independent Internal Controls Audit took place in early 2022. Recommendations from the Internal Controls Audit were adopted following a report to the Finance, Risk and Compliance Committee in April 2022 and an action plan is being acted upon.

The Board of Directors, through its sub-committees, receives reports and develops action plans to implement the continuous improvement and development process, which includes risk assessment and mapping. Significant risks are highlighted and monitored by the Executive Team, which is led by the Chief Executive.

All major risks to which YMCA is exposed and identified from these procedures have been reviewed by the Board of Directors. Mitigation of risk is continually being developed or enhanced.

Statement of Disclosure of Information to Auditors

We, the Directors of YMCA Trinity Group who held office at the date of approval of these financial statements as set out from page 50 each confirm, so far as we are aware, that:

By Steve Mallinson Chairman of the Board Approved by the Board on 26 September 2022

YMCA Trinity Group 49

Independent auditors report 2021-22

YMCA TRINITY GROUP

INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF YMCA TRINITY GROUP AND ITS SUBSIDIARIES FOR THE YEAR ENDED 31 MARCH 2022

Opinion

We have audited the financial statements of YMCA Trinity Group for the year ended 31 March 2022 which comprise the group and parent (YMCA) statement of comprehensive income, the group and YMCA statement of financial position, the group and YMCA statement of cash flows, the consolidated statement of changes in reserves and the related notes including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice) .

Opinion on financial statements

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical 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 requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Board's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Board with respect to going concern are described in the relevant sections of this report.

YMCA Trinity Group 51

YMCA TRINITY GROUP

INDEPENDENT AUDITORS REPORT (continued) TO THE TRUSTEES OF YMCA TRINITY GROUP AND ITS SUBSIDIARIES FOR THE YEAR ENDED 31 MARCH 2022

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The Board is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with 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 inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the group and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report (incorporating the Board report). We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

In addition, we have nothing to report in respect of the following matter where the Housing and Regeneration Act 2008 requires us to report to you if, in our opinion:

52 YMCA Trinity Group

YMCA TRINITY GROUP

INDEPENDENT AUDITORS REPORT (continued) TO THE TRUSTEES OF YMCA TRINITY GROUP AND ITS SUBSIDIARIES FOR THE YEAR ENDED 31 MARCH 2022

Responsibilities of the board

As explained more fully in the Board’s responsibilities statement set out on page 49, the Board members (who are also the directors of YMCA Trinity Group for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Board determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Board is responsible for assessing the group's and the parent's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board either intends to liquidate the group or to cease operations, or has no realistic alternative but to do so.

Auditors responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

YMCA Trinity Group 53

YMCA TRINITY GROUP

INDEPENDENT AUDITORS REPORT (continued) TO THE TRUSTEES OF YMCA TRINITY GROUP AND ITS SUBSIDIARIES FOR THE YEAR ENDED 31 MARCH 2022

Auditors responsibilities for the audit of the financial statements (continued)

A further description of our responsibilities is available on the Financial Reporting Council's website at https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-ofthe-auditor's-responsibilities-for. This description forms part of our auditor's report.

Use of our report

This report is made solely to YMCA Trinity Group's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 137 of the Housing and Regeneration Act 2008. Our audit work has been undertaken so that we might state to YMCA Trinity Group's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than YMCA Trinity Group and YMCA Trinity Group's members as a body, for our audit work, for this report, or for the opinions we have formed.

Kerry Hilliard ACA FCCA CTA - Senior Statutory Auditor

for and on behalf of Stephenson Smart & Co Statutory Auditor 36 Tyndall Court Commerce Road Lynchwood Peterborough PE2 6LR

Date: 26/09/2022

54 YMCA Trinity Group

YMCA TRINITY GROUP

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2022

Turnover
Cost of sales
Gross surplus
Other operating income
Operating costs
Gain on disposal of fixed assets
Operating surplus
Interest receivable
Interest and financing costs
Surplus before taxation
Taxation
Surplus for the year
Other recognised gains/(losses);
Increase in valuation of investment property
Actuarial loss in respect of pension scheme
Surplus and total comprehensive income
for the year		 Note 2022
2021
2022
2021
£
£
£
£
Group
YMCA
2
2
2
2
2
3
4
15
13
24		 10,795,418
9,275,364
9,902,020
9,012,487
(827,196)
(647,178)
-
-
9,968,222
8,628,186
9,902,020
9,012,487
170,307
919,469
92,262
596,974
(9,859,365)
(9,341,950)
(9,721,362)
(9,273,989)
48,487
-
48,487
-
327,651
205,705
321,407
335,472
1,843
11,896
1,839
11,868
(74,841)
(71,683)
(74,841)
(71,683)
254,653
145,918
248,405
275,657
-
14,536
-
-
254,653
160,454
248,405
275,657
133,579
-
133,579
-
-
(126,179)
-
(126,179)
388,232
34,275
381,984
149,478

All of the above amounts relate wholly to continuing operations. The accompanying notes form part of these financial statements.

26/09/2022

The financial statements were approved by the Board of Directors on …………………………....

S Mallinson C Wilkinson Chair Director Company Registration No. 03561613 (England and Wales) Charity Registration No. 1069810 HCA No. H4179

YMCA Trinity Group 55

YMCA TRINITY GROUP

STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 MARCH 2022

Fixed assets
Tangible fixed assets
Investment property
Investment in subsidiaries
Investment in joint venture
Current assets
Stock
Trade and other debtors
Investments
Cash and cash equivalents
Less creditors: Amounts falling due
within one year
Net current assets
Total assets less current liabilities
Less creditors: Amounts falling due
after more than one year
Total net assets
Capital and reserves
Income & expenditure reserve
Restricted reserves		 2022
2021
2022
2021
Note
£
£
£
£
Group
YMCA		 2022
2021
2022
2021
Note
£
£
£
£
Group
YMCA
8 & 12 13,967,313
14,015,354
13,909,734
13,946,480
13
2,700,000
2,566,421
2,700,000
2,566,421
14
-
-
19,874
19,874
14
40,050
-
50
-
16,707,363
16,581,775
16,629,658
16,532,775
30,149
11,737
-
-
16
1,017,100
556,063
1,028,546
519,244
17
1,003,080
1,000,130
1,003,080
1,000,130
753,581
779,926
600,359
676,673
2,803,910
2,347,856
2,631,985
2,196,047
18
(2,059,872)
(1,939,871)
(1,803,109)
(1,753,086)
744,038
407,985
828,876
442,961
17,451,401
16,989,760
17,458,534
16,975,736
19
(5,619,774)
(5,546,365)
(5,619,774)
(5,518,960)
11,831,627
11,443,395
11,838,760
11,456,776
20
11,821,533
11,413,492
11,828,666
11,426,873
20
10,094
29,903
10,094
29,903
11,831,627
11,443,395
11,838,760
11,456,776
16,707,363
16,581,775
16,629,658
16,532,775
30,149
11,737
-
-
1,017,100
556,063
1,028,546
519,244
1,003,080
1,000,130
1,003,080
1,000,130
753,581
779,926
600,359
676,673
2,803,910
2,347,856
2,631,985
2,196,047
(2,059,872)
(1,939,871)
(1,803,109)
(1,753,086)
744,038
407,985
828,876
442,961
17,451,401
16,989,760
17,458,534
16,975,736
(5,619,774)
(5,546,365)
(5,619,774)
(5,518,960)
11,831,627
11,443,395
11,838,760
11,456,776
11,821,533
11,413,492
11,828,666
11,426,873
10,094
29,903
10,094
29,903
11,831,627
11,443,395
11,838,760
11,456,776

The accompanying notes form an integral part of these financial statements.

26/09/2022 The financial statements were approved and authorised for issue by the board on ……………………………

…………………………………………. ………………………………………….

S Mallinson

Chair

C Wilkinson

Director

Company Registration No. 03561613 (England and Wales) Charity Registration No. 1069810

HCA No. H4179

56 YMCA Trinity Group

YMCA TRINITY GROUP

CONSOLIDATED STATEMENT OF CHANGES IN RESERVES FOR THE YEAR ENDED 31 MARCH 2022

Group
Balance as at 1 April 2020
Total comprehensive income for the year
Balance as at 31 March 2021
Total comprehensive income for the year
Balance at 31 March 2022
YMCA
Balance as at 1 April 2020
Total comprehensive income for the year
Balance as at 31 March 2021
Total comprehensive income for the year
Balance at 31 March 2022
Transfers of restricted income and expenditure to/from general
reserve
Transfers of restricted income and expenditure to/from general
reserve
Transfers of restricted income and expenditure to/from general
reserve
Transfers of restricted income and expenditure to/from general
reserve		 £
£
£
Total
General
reserve
Restricted
Reserve
11,384,258
24,862
11,409,120
34,275
-
34,275
(5,041)
5,041
-
11,413,492
29,903
11,443,395
388,232
-
388,232
19,809
(19,809)
-
11,821,533
10,094
11,831,627
£
£
£
General
reserve
Restricted
Reserve
Total
11,282,436
24,862
11,307,298
149,478
-
149,478
(5,041)
5,041
-
11,426,873
29,903
11,456,776
381,984
-
381,984
19,809
(19,809)
-
11,828,666
10,094
11,838,760

YMCA Trinity Group 57

YMCA TRINITY GROUP

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022

Note
Net cash generated from operating activities
28
Cash flow from investing activities
Purchase of tangible fixed assets
Proceeds from sale of tangible fixed assets
Interest received
Increase in loans
Investment in joint venture
Cash flow from financing activities
Interest paid
New secured loans
Repayment of borrowings
Net change in cash and cash equivalents
Cash and cash equivalents at beginning of the year
Cash and cash equivalents at end of the year
Represented by:
Investments
Cash and cash equivalents		 Note 2022
2021
2022
2021
£
£
£
£
Group
YMCA
512,996
890,554
452,440
831,649
(643,530)
(1,184,966)
(637,210)
(1,181,736)
192,376
-
192,376
-
1,843
11,896
1,839
11,868
(40,000)
-
(80,000)
-
(40,050)
-
(50)
-
(74,841)
(71,683)
(74,841)
(71,683)
146,400
129,200
146,400
129,200
(78,589)
(35,739)
(74,318)
(34,274)
(23,395)
(260,738)
(73,364)
(314,976)
1,780,056
2,040,794
1,676,803
1,991,779
1,756,661
1,780,056
1,603,439
1,676,803
1,003,080
1,000,130
1,003,080
1,000,130
753,581
779,926
600,359
676,673
1,756,661
1,780,056
1,603,439
1,676,803

58 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

LEGAL STATUS

YMCA Trinity Group is registered under the Companies Act 2006 and is a registered provider of social housing and is a registered charity. The registered office is Queen Anne House, Gonville Place, Cambridge, CB1 1ND.

The YMCA has one subsidiary, The Cresset Limited. The Cresset Limited is registered under the Companies Act 2006.

1. ACCOUNTING POLICIES

1.1 Basis of accounting

The financial statements have been prepared in accordance with applicable United Kingdom Accounting Generally Accepted Accounting Practice (UK GAAP) including Financial Reporting Standard 102 and the Statement of Recommended Practice for registered housing providers: Housing SORP 2018. As a public benefit entity, the Group has applied the public benefit entity 'PBE' prefixed paragraphs of FRS 102.

The financial statements comply with the Companies Act 2006, the Housing Regeneration Act 2008 and the Accounting Direction for Private Registered Providers of Social Housing 2019. The accounts are prepared on the historical cost basis of accounting as modified by the revaluation of investment property and are presented in sterling.

Parent Company Disclosure Exemptions

In preparing the separate financial statements of the parent company, advantage has been taken of the following disclosure exemptions available in FRS 102:

1.2 Basis of consolidation

The consolidated financial statements incorporate the results of YMCA Trinity Group and its subsidiary undertaking, The Cresset Ltd as at 31 March 2022 using the acquisition method of accounting as required. Where the acquisition method is used, the results of the subsidiary undertakings are included from the date of acquisition, being the date the group obtains control. Joint ventures are accounted for in accordance with note 1.19.

All intra-group transactions, balances, income and expenses are eliminated in full prior to consolidation.

1.3 Going concern

These financial statements have been prepared on a going concern basis which assumes that the group will continue in operational existence for the foreseeable future. The board have considered a period of at least 12 months from the date of approval of these financial statements and have raised no significant concerns. On this basis the board consider it appropriate that the accounts are prepared on a going concern basis.

YMCA Trinity Group 59

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES (continued)

1.4 Significant judgements and estimates

Significant management judgements

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include:

Categorisation of housing properties

The group has undertaken a detailed review of the intended use of all housing properties. In determining the intended use, the group has considered if the asset is held for social benefit or to earn commercial rentals. On this basis, certain properties held by the group have been categorised as investment properties.

Estimation uncertainty

Information about estimates and assumptions that have the most significant effect on recognition and measurement of assets, liabilities and expenses is provided below. Actual results may be substantially different.

Useful lives of depreciable assets

Tangible fixed assets are depreciated over their useful lives taking into account estimated residual values, where appropriate. Management reviews its estimate of the useful lives of depreciable assets at each reporting date based on the expected utility of the assets. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.

Valuation of investment properties

The group carries its investment properties at fair value, with changes in fair value being recognised in the statement of comprehensive income.

1.5 Turnover

Turnover represents rental income and service charges receivable, programme activities income, donations and revenue grants receivable from local authorities, fees receivable for childcare services, income from commercial operations in the trading subsidiaries and other operating income. Rental income is recognised when the property is available to let, net of voids. Service charge income and costs are recognised on an accruals basis. Supporting People income is recognised as it falls due under the contractual arrangement with the administering authorities.

All charitable income recognised by the group is credited to the income and expenditure account. If specific restrictions are placed on its use by the donors the relevant income is transferred to restricted reserves.

1.6 Gift Aid income

Donations received under the Gift Aid scheme to the parent association from its subsidiary are recognised as turnover upon receipt as it relates to the principle activities of the association and is eliminated on consolidation.

1.7 Housing properties

Housing properties are those held for the provision of social housing or to otherwise provide social benefit. Housing properties are stated at cost less accumulated depreciation and impairment losses. The cost of properties is their purchase price together with incidental costs of acquisitions. Works to existing properties which replace a component that has been treated separately for depreciation purposes, along with those works that result in an increase in net rental income over the lives of the properties, thereby enhancing the economic benefits of the assets, are capitalised as improvements.

60 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES (continued)

1.8 Investment properties

Investment properties consist of those properties not held for social benefit or for use in the business. Investment properties are initially measured at cost and are subsequently measured at fair value, with changes in fair value recognised in the Statement of Comprehensive Income.

1.9 Other tangible fixed assets

Other tangible fixed assets are stated at cost less accumulated depreciation. Depreciation has been provided on a straight line basis to write off over the following periods:

Leasehold property over the period of the lease Plant and machinery 20-33% pa on cost Furniture, fixtures and fittings 5-33% pa on cost Computer equipment 20-33% pa on cost Motor vehicles 33% pa on cost

1.10 Depreciation of housing properties

Major components of housing properties are identified and treated as separable assets and are depreciated on a straight line basis over their expected economic useful lives at the following rates:

Property structure 80 years
Kitchens 20 years
Bathrooms, doors and windows 30 years
Roof 70 years
Lifts 20 years
Electrical systems 40 years
Gas boiler/fires 15 years
Mechanical systems 30 years
Refurbishment costs 15 years

The estimated lives of the different property components are based on the National Matrix of Property Components issued by the National Housing Federation in collaboration with property surveyors Savills. Freehold land is not depreciated.

1.11 Investment in subsidiaries

The consolidated financial statements incorporate the results of YMCA and its subsidiary, The Cresset Limited. Investments in subsidiaries are stated at cost less impairment in the parent company's individual financial statements.

YMCA Trinity Group 61

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES (continued)

1.12 Social Housing and other government grants

Where developments have been financed wholly or partly by SHG, the amount of the grant received is recognised in turnover over the useful life of the property structure and components using the accruals model. SHG must be recycled by the group under certain conditions, if the property is sold, or if another relevant event takes place. In these cases the SHG may have to be repaid if certain conditions are not met. If the grant is not required to be recycled or repaid, any unamortised grant is recognised as turnover. In certain circumstances, SHG may be repayable and in that event is a subordinated unsecured repayable debt. Grants relating to revenue are recognised in the statement of comprehensive income over the same period as the expenditure to which they relate, once reasonable assurance has been gained that the performance conditions will be met.

1.13 Other grants

Government grants relating to revenue are recognised as income over the periods when the related costs are incurred. This includes the Government Coronavirus Job Retention Scheme grant which is included as 'other income'.

Grants received from non-government sources are recognised under the performance model. Where there are no specific performance requirements the grants are recognised in the statement of comprehensive income when the proceeds are received or receivable. Where grant is received with specific performance requirements attached, it is recognised as a liability until the performance conditions are met and then it is recognised as turnover.

1.14 Taxation - value added tax

The group is partially exempt in relation to Value Added Tax (VAT), and accordingly is able to recover from HM Revenue & Customs part of the VAT incurred on expenditure. At the year end, VAT recoverable or payable is included in the statement of financial position. Irrecoverable VAT is accounted for in the statement of comprehensive income.

1.15 Operating leases

Rentals applicable to operating leases where subsequently all the benefits and risks of ownership remain with the lessor are charged to the statement of comprehensive income.

1.16 Stock

Stock is valued at the lower of cost and net realisable value.

1.17 Pension scheme

The group participated in a multi-employer defined benefit pension plan for employees of YMCAs in England, Scotland and Wales, which was closed to new members and accruals on 30 April 2007. Due to insufficient information, the plan's actuary has advised that it is not possible to separately identify the assets and liabilities relating to YMCA Trinity Group. As described in note 24, YMCA Trinity Group has a contractual obligation to make pension deficit payments over a period to April 2029, accordingly this is shown as a liability in these accounts. In addition, YMCA Trinity Group is required to contribute to the operating expenses of the Pension Plan and these costs are charged to the statement of comprehensive income.

The group also operates a defined contribution pension scheme for eligible employees and a further defined contribution scheme to comply with auto-enrolment regulations. The pension cost charged to the statement of comprehensive income is the amount of annual contributions payable to this scheme.

62 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES (continued)

1.18 Business combinations

Acquisitions of other entities in the social housing sector that are in substance a gift to YMCA Trinity Group are treated as non-reciprocal transfers where the substance of the transaction is gifting control of one entity to another. These are also known as non-exchange transfers. In this case the fair value of the gifted assets and liabilities are recognised as a gain or loss in the Statement of Comprehensive Income in the year of the transaction.

1.19 Joint ventures

An entity is treated as a joint venture where the group is party to a contractual agreement with one or more parties from outside the group to undertake an economic activity that is subject to joint control.

In the consolidated accounts, interests in joint ventures are accounted for using the equity method of accounting. Under this method an equity investment is initially recognised at the transaction price (including transaction costs) and is subsequently adjusted to reflect the investor’s share of the profit or loss, other comprehensive income and equity of the joint venture. The consolidated statement of comprehensive income includes the group's share of the operating results, interest, pre-tax results and attributable taxation of such undertakings applying accounting policies consistent with those of the group. Any share of losses are only recognised to the extent that they do not reduce the investment balance below zero as the group has no obligations to make payments on behalf of the joint venture, and any share of subsequent profits shall be accounted for once the unrecognised profits are equal to the unrecognised losses. In the consolidated balance sheet, the interests in joint ventures are shown as the group's share of the identifiable net assets, including any unamortised premium paid on acquisition. Any unrealised profits and losses from transactions between the Group and the joint venture are eliminated to the extent of the Group’s interest in the joint venture.

Any premium on acquisition is included within the equity method accounted figure in the financial statements as goodwill. This goodwill is amortised over 5 years. Where there are indicators of impairment, the investment as a whole is tested for impairment.

1.20 Financial instruments

The group only has financial instruments which meet the criteria of a basic financial instrument as defined by section 11 of FRS 102.

Short term debtors are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment.

Short term creditors are measured at the transaction price. Other financial liabilities including bank loans are initially measured at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

YMCA Trinity Group 63

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES (continued)

1.21 Impairment

Reviews for impairment of housing properties are carried out when a trigger event has occurred and any impairment loss in a cash generating unit is recognised by a charge to the statement of comprehensive income. Impairment is recognised where the carrying value of a cash generating unit exceeds the higher of its net realisable value or its value in use.

Following a trigger event for impairment, an impairment test is performed based on fair value less costs to sell or a value in use calculation. The fair value less costs to sell calculation is based on available data from sales transactions in an arm's length transaction on similar cash generating units (properties) or observable market prices less incremental costs for disposing of the properties. The value in use calculation is based on either a depreciated replacement cost or a discounted cash flow model. The depreciated replacement cost is based on available data of the cost of constructing or acquiring replacement properties to provide the same level of service potential as the existing property.

1.22 Reserves

Restricted reserves represent income received where the funder or other source of the income have imposed restrictions as to how the reserves shall be used. The nature and purpose of restricted reserves is set out in the notes to the financial statements.

64 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

2a. TURNOVER, COST OF SALES, OPERATING COSTS AND OPERATING SURPLUS

Year ended 31 March 2022
Income from regulated social housing
Social housing lettings (note 2b)
Income from non-regulated activities
Student and other housing
Health and wellbeing
Support and advice
Fundraising and development
Training and education
Childcare and family work
Cresset activities:
The Cresset Ltd trading activities
Cresset community activities (note 2c)
Haywood House
Total for YMCA Trinity Group
Year ended 31 March 2021
Income from regulated social housing
Social housing lettings (note 2b)
Income from non-regulated activities
Student and other housing
Health and wellbeing
Support and advice
Fundraising and development
Training and education
Childcare and family work
Cresset activities:
The Cresset Ltd trading activities
Cresset community activities (note 2c)
Haywood House		 Other
operating
Operating
Operating
income
surplus/
Turnover
cost
(furlough grant)
(deficit)
£
£
£
£
6,805,428
5,990,386
30,266
845,308
6,805,428
5,990,386
30,266
845,308
159,515
138,234
1,583
22,864
235,791
377,662
21,936
(119,935)
574,618
706,449
25,843
(105,988)
426,559
364,148
75
62,486
13,112
25,778
4,497
(8,169)
1,120,243
1,431,430
4,976
(306,211)
989,089
965,199
78,045
101,935
369,181
677,865
3,086
(305,598)
150,369
9,410
-
140,959
4,038,477
4,696,175
140,041
(517,657)
10,843,905 10,686,561
170,307
327,651
Other
operating
Operating
Operating
income
surplus/
Turnover
cost
(furlough grant)
(deficit)
£
£
£
£
6,668,964
5,902,612
109,541
875,893
6,668,964
5,902,612
109,541
875,893
123,747
146,960
4,053
(19,160)
202,795
401,052
118,733
(79,524)
370,837
730,036
184,043
(175,156)
227,261
302,637
5,538
(69,838)
19,804
39,556
3,431
(16,321)
813,069
1,239,277
162,841
(263,367)
-
322,386
715,139
322,495
(70,258)
379,366
507,360
8,794
(119,200)
147,135
4,499
-
142,636
2,606,400
4,086,516
809,928
(670,188)
9,275,364
9,989,128
919,469
205,705

YMCA Trinity Group 65

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

2b. PARTICULARS OF INCOME AND EXPENDITURE FROM SOCIAL HOUSING LETTINGS 2b. PARTICULARS OF INCOME AND EXPENDITURE FROM SOCIAL HOUSING LETTINGS
Group and YMCA
2022 2021
£ £
Particulars of lettings of hostel accommodation
Rents receivable 2,023,688 2,194,508
Service charge income 3,572,678 3,319,636
Net rental receivable 5,596,366 5,514,144
Supporting people contract income 976,142 975,681
Amortised social housing grant 63,432 68,910
Other government grants 35,413 40,520
Other income 85,588 69,709
Gain on disposal of housing property 48,487 -
Turnover from social housing lettings 6,805,428 6,668,964
Other operating income (furlough grant) 30,266 109,541
Operating expenditure on social housing lettings 5,990,386 5,902,612
Operating surplus on social housing lettings 845,308 875,893
Rent losses from voids 774,733 524,062

The number of units of hostel accommodation managed was 393 at the beginning of the year and 392 at the end of the year.

66 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

2c. PARTICULARS OF INCOME AND EXPENDITURE FROM CRESSET COMMUNITY ACTIVITIES

Income from charitable activities
Rents receivable
Service charges
Recharged expenditure
Other income
Other operating income (furlough grant)
Expenditure on charitable activities
Provision of premises - staff costs and other
Governance costs
Operating deficit on charitable activities		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
78,706
75,879
78,706
75,879
129,330
108,132
129,330
108,132
102,189
105,924
102,189
105,924
58,956
89,431
58,956
89,431
369,181
379,366
369,181
379,366
3,086
8,794
3,086
8,794
672,956
503,475
672,956
503,475
4,909
3,885
4,909
3,885
677,865
507,360
677,865
507,360
(305,598)
(119,200)
(305,598)
(119,200)

YMCA Trinity Group 67

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

3. INTEREST RECEIVABLE

Interest receivable
4. INTEREST PAYABLE AND FINANCING COSTS
Bank loans and overdrafts
Other loans
Deferred benefit pension charge		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
1,843
11,896
1,839
11,868
1,843
11,896
1,839
11,868
Group
YMCA
2022
2021
2022
2021
£
£
£
£
28,221
30,985
28,221
30,985
31,239
27,530
31,239
27,530
15,381
13,168
15,381
13,168
74,841
71,683
74,841
71,683

5. KEY MANAGEMENT PERSONNEL

For the purpose of this disclosure the definition of a director includes YMCA's Chief Executive Officer (CEO). The remuneration paid to the CEO and other key management personnel is set out below:

Chief Executive gross salary
Chief Executive employer pension contributions
Key management personnel gross salary
Key management personnel employer pension contributions		 2022
2021
£
£
94,844
86,956
5,659
5,217
220,212
207,081
14,480
13,631

The Board in accordance with a national and independent grading scheme determines the remuneration of the CEO. None of the other directors received any remuneration. The CEO does not have any enhanced pension arrangements in the group.

Aggregate number of full time equivalent staff including the chief executive whose remuneration exceeded £60,000 in the period:

£60,000 - £70,000
£70,000 - £80,000
£80,000 - £90,000		 2022
2021
no
no
1
1
-
-
1
1

Members of the Board are not permitted by the Articles to receive remuneration.

Total expenses reimbursed to the Board and senior executives not chargeable to United Kingdom income tax was £3,290 (2021: £1,193).

68 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

6. EMPLOYEE COSTS
Wages and salaries
Social security costs
Pension costs		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
5,897,473
5,698,958
5,441,362
5,234,056
406,151
379,946
379,421
358,598
196,844
189,713
190,039
183,075
6,500,468
6,268,617
6,010,822
5,775,729

The average number of employees expressed as a full time equivalent (based on 40 hours per week) was:

Average number of employees Group
YMCA
2022
2021
2022
2021
235
246
205
209

The group employed 111 sessional workers during the year who are not accounted for in the above staff numbers (2021: 137).

The group also benefits from the work of 92 (2021: 93) volunteers, whose contribution it acknowledges to be a major asset.

YMCA Trinity Group 69

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

7. OPERATING RESULTS

7. OPERATING RESULTS
The operating surplus is stated after charging:
Group YMCA
2022 2021 2022 2021
£ £ £ £
Depreciation on housing properties 212,672 210,403 212,672 210,403
Depreciation on other assets 320,292 303,428 302,677 283,124
Operating lease agreements 363,670 404,338 363,670 403,160
Auditors remuneration (including under provision):
Audit of parent and group financial
statements 15,389 17,165 15,389 17,165
Audit of the accounts of subsidiaries 4,320 3,900 - -
Other non-audit services provided 6,560 7,020 5,130 5,720
8. TANGIBLE FIXED ASSETS - HOUSING PROPERTIES - Group and YMCA
Cost
As at 1 April 2021
Additions
Works to existing properties
Disposals
As at 31 March 2022
Depreciation
As at 1 April 2021
Charge for the year
Eliminated on disposals
As at 31 March 2022
Net Book Value
As at 31 March 2022
As at 31 March 2021		 £
£
£
£
Freehold
housing
properties
Long leasehold
housing
properties
Total
Property
development
10,630,592
1,025,000
-
11,655,592
188,003
-
32,788
220,791
220,935
-
-
220,935
(160,868)
-
-
(160,868)
10,878,662
1,025,000
32,788
11,936,450
2,202,173
98,231
-
2,300,404
197,990
14,682
-
212,672
(16,979)
-
-
(16,979)
2,383,184
112,913
-
2,496,097
8,495,478
912,087
32,788
9,440,353
8,428,419
926,769
-
9,355,188

Housing Property assets held with a carrying value of £3,124,570 (2021: £2,862,693) have been pledged as security for housing loans.

70 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

9. SOCIAL HOUSING ASSISTANCE
Group YMCA
2022 2021 2022 2021
£ £ £ £
Total accumulated housing grant
at 31 March 2022 5,132,019 5,132,019 5,132,019 5,132,019
Recognised in statement of
comprehensive income 1,386,058 1,322,626 1,386,058 1,322,626
Held as deferred income 3,745,961 3,809,393 3,745,961 3,809,393
5,132,019 5,132,019 5,132,019 5,132,019
10. DEFERRED CAPITAL GRANT
Group YMCA
2022 2021 2022 2021
£ £ £ £
At 1 April 2021 4,053,035 4,151,666 4,053,035 4,151,666
Released to income in the year (66,597) (98,631) (66,597) (98,631)
At 31 March 2022 3,986,438 4,053,035 3,986,438 4,053,035
Amounts to be released within one
year 64,725 72,074 64,725 72,074
Amounts to be released in more than
one year 3,921,713 3,980,961 3,921,713 3,980,961
3,986,438 4,053,035 3,986,438 4,053,035
11. EXPENDITURE ON WORKS TO EXISTING PROPERTIES
Group YMCA
2022 2021 2022 2021
£ £ £ £
Refurbishments costs in year -
Amounts capitalised 220,935 53,468 220,935 53,468
220,935 53,468 220,935 53,468

YMCA Trinity Group 71

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

12. OTHER FIXED ASSETS - Group
Cost
As at 1 April 2021
Additions
Disposals
As at 31 March 2022
Depreciation
As at 1 April 2021
Charge for the year
Eliminated on disposals
As at 31 March 2022
Net Book Value
As at 31 March 2022
As at 31 March 2021
OTHER FIXED ASSETS - YMCA
Cost
As at 1 April 2021
Additions
Disposals
As at 31 March 2022
Depreciation
As at 1 April 2021
Charge for the year
Eliminated on disposals
As at 31 March 2022
Net Book Value
As at 31 March 2022
As at 31 March 2021		 £
£
£
£
£
Furniture,
fittings and
equipment
Long leasehold
property
Freehold land
and buildings
Total
Motor vehicles
2,530,327
3,684,024
394,352
56,390
6,665,093
180,565
-
-
21,239
201,804
(403,147)
-
-
-
(403,147)
2,307,745
3,684,024
394,352
77,629
6,463,750
1,574,928
325,427
56,732
47,840
2,004,927
246,456
57,036
5,247
11,553
320,292
(388,429)
-
-
-
(388,429)
1,432,955
382,463
61,979
59,393
1,936,790
874,790
3,301,561
332,373
18,236
4,526,960
955,399
3,358,597
337,620
8,550
4,660,166
£
£
£
£
£
Furniture,
fittings and
equipment
Long leasehold
property
Freehold land
and buildings
Total
Motor vehicles
2,228,549
3,684,024
394,352
56,390
6,363,315
174,245
-
-
21,239
195,484
(403,147)
-
-
-
(403,147)
1,999,647
3,684,024
394,352
77,629
6,155,652
1,342,024
325,427
56,732
47,840
1,772,023
228,841
57,036
5,247
11,553
302,677
(388,429)
-
-
-
(388,429)
1,182,436
382,463
61,979
59,393
1,686,271
817,211
3,301,561
332,373
18,236
4,469,381
886,525
3,358,597
337,620
8,550
4,591,292

The freehold land and buildings represent the Timestop drop in centre and the Providence nursery (within the Wellington Street premises). The long leasehold land and buildings represent The Cresset (excluding the YMCA accommodation which is shown as housing properties within note 8 of the accounts).

72 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

13. INVESTMENT PROPERTIES - Group and YMCA
As at 1 April 2021
Increase / (Decrease) in value
As at 31 March 2022		 2022
2021
£
£
2,566,421
2,566,421
133,579
-
2,700,000
2,566,421

Investment properties were valued by professionally qualified external valuers, Eddisons in accordance with the Royal Institute of Chartered Surveyors valuation standards. The valuation was undertaken as at 13 December 2021 and is considered by the directors to continue to reflect the fair value of the investment properties at 31 March 2022.

Investment Property assets held with a carrying value of £2,700,000 (2021: £2,566,421) have been pledged as security for bank loans.

14. FIXED ASSET INVESTMENTS

IXED ASSET INVESTMENTS
Group
Cost or valuation
As at 1 April 2021
Additions
As at 31 March 2022
Share of retained profits
At 1 April 2021
Profit for the year
As at 31 March 2022
Net Book Value
As at 31 March 2022
As at 31 March 2021		 Joint
Ventures
£
-
40,050
40,050
-
-
-
40,050
-

YMCA Trinity Group 73

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

14. FIXED ASSET INVESTMENTS (continued)

YMCA
Cost
At 1 April 2021
Additions
Disposals
Movement in fair value
At 31 March 2022		 Group
Joint
Undertakings
Ventures
Total
£
£
£
19,874
-
19,874
-
50
50
-
-
-
-
-
-
19,874
50
19,924

Kirkgate Street Ltd is a joint venture in which the group has joint control and a 50% ownership interest. The objective of the joint venture is to work together on the longlease and development of housing property. The registered office for Kirkgate Street Ltd is Marine House, 151 Western Road, Haywards Heath, RH16 3LH.

As required by FRS 102 and the Housing SORP, the financial statements consolidate the results of The Cresset Limited which is a wholly owned subsidiary of YMCA at the end of the year.

YMCA holds 100% of the ordinary share capital of The Cresset Limited (incorporated in England and Wales). The principal activity of the company is the operation of the theatre, pub and other commercial trading operations. The registered office for The Cresset Limited is the same as YMCA. YMCA is the ultimate parent undertaking.

During the year YMCA charged a management fee of £95,691 (2021: £21,324) to its subsidiary, The Cresset Limited. A gift aid donation of £nil (2021: £38,185) was paid to the YMCA by The Cresset Limited during the year. The amount owed by The Cresset Limited is disclosed in note 18 of £337,398 (2021: £266,852).

15. TAXATION
Deferred tax:
Origination and reversal of timing differences		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
-
(14,536)
-
-

YMCA has a charitable status and it is therefore exempt from corporation tax on income arising from exempt sources to the extent that it is applied to the organisation's charitable purpose.

74 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

16. DEBTORS
Rent and service charges receivable
Less: Bad debt provision
Trade debtors
Other debtors
Amounts owed by joint ventures
Prepayments and accrued income		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
486,728
200,860
486,728
200,860
(64,539)
(36,600)
(64,539)
(36,600)
185,820
117,743
167,217
108,594
28,636
133,487
28,636
110,453
40,000
-
80,000
-
340,455
140,573
330,504
135,937
1,017,100
556,063
1,028,546
519,244

All amounts shown under debtors fall due for payment within one year, except:

Group:

Amounts owed by joint ventures: £40,000 (2021: £nil).

Company:

Amounts owed by joint ventures: £80,000 (2021: £nil).

17. INVESTMENTS HELD AS CURRENT ASSETS
Bank deposit accounts
Shares in Santander		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
1,002,950
1,000,000
1,002,950
1,000,000
130
130
130
130
1,003,080
1,000,130
1,003,080
1,000,130

YMCA Trinity Group 75

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

18. CREDITORS FALLING DUE WITHIN ONE YEAR Group YMCA
2022 2021 2022 2021
£ £ £ £
Trade creditors 442,767 218,395 392,768 205,207
Rents and service charges received in advance 162,622 188,558 162,622 188,558
Housing loans 16,223 13,490 16,223 13,490
Business loans 97,971 219,682 68,237 213,082
YMCA pension agreement plan 54,132 50,633 54,132 50,633
Deferred capital grant 64,725 72,074 64,725 72,074
Other taxation and social security 129,120 110,733 92,823 98,784
Other creditors 107,134 69,664 106,097 69,664
Amounts due to group undertakings - - 337,398 266,852
Accruals and deferred income 955,144 981,644 508,084 574,742
Payments received on account 30,034 14,998 - -
2,059,872 1,939,871 1,803,109 1,753,086
19. CREDITORS FALLING DUE AFTER ONE YEAR Group YMCA
2022 2021 2022 2021
£ £ £ £
Housing loans 624,176 490,371 624,176 490,371
Business loans 665,912 612,928 665,912 585,523
YMCA pension agreement plan 407,973 462,105 407,973 462,105
Deferred capital grant 3,921,713 3,980,961 3,921,713 3,980,961
5,619,774 5,546,365 5,619,774 5,518,960
Amounts included above which fall due after five years are as follows:
After five years by instalments 841,541 687,966 841,541 687,966

76 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

19. CREDITORS FALLING DUE AFTER ONE YEAR (continued)

The four housing loans are repayable by instalments, the last instalments falling due in 2053, 2054, 2036 and 2047 respectively. The interest rates in force for the year ended 31 March 2022 were 9.5%, 6.625%, 2.93% and 6.2% respectively.

The bank loans are payable in monthly instalments, over 10-15 years, at a mixture of fixed and variable rates of interest ranging from 3.27%-4.48%.

The housing loans are secured by fixed charges on the individual properties. Bank loans are secured on the investment property, Haywood House.

20. RESERVES - Group
Income & expenditure reserves
Restricted reserves
Respect
Arts Council
Total Reserves
RESERVES - YMCA
Income & expenditure reserves
Restricted reserves
Respect
Arts Council
Total Reserves		 £
£
£
£
As at 1 April
2021
(Deficit) /
Surplus for
the year
Transfers
As at 31
March 2022
11,413,492
388,232
19,809
11,821,533
13,398
-
(3,304)
10,094
16,505
-
(16,505)
-
11,443,395
388,232
-
11,831,627
£
£
£
£
As at 1 April
2021
(Deficit) /
Surplus for
the year
Transfers
As at 31
March 2022
11,426,873
381,984
19,809
11,828,666
13,398
-
(3,304)
10,094
16,505
-
(16,505)
-
11,456,776
381,984
-
11,838,760

Respect - A 3 year project which supports young people to have an improved understanding of what makes a healthy relationship and what constitutes domestic violence.

Arts Council - A £218,000 grant received through the Cultural Recovery Fund for the period from October 2020 to March 2021 to assist with the closure of the theatre and the Cresset building due to COVID-19 lockdown.

YMCA Trinity Group 77

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

YMCA TRINITY GROUP

21. SHARE CAPITAL

The directors are the only members of YMCA. The company is limited by guarantee, having no share capital and, in accordance with the Memorandum of Association every member is liable to contribute a sum of £1 in the event of the company being wound up.

and, in accordance with the Memorandum of Association every member
in the event of the company being wound up.		 is liable to contribute a sum of £1
Number of members:
At 1 April 2021
Joining during the year
Leaving during the year
As at 31 March 2022		 2022
2021
Number
Number
15
11
2
5
(3)
(1)
14
15

22. ACCOMMODATION IN MANAGEMENT

Accommodation owned/rented and managed by YMCA is as follows:

Supported housing:
Short stay move on accommodation (3 months)
Medium stay supported housing (2 years)
Total		 2022
2021
Number
Number
22
22
370
371
392
393

In addition to supported housing accommodation numbers above, 33 units (2021: 33 units) for student accommodation and 26 units (2021: 27 units) for non-social housing were also owned and managed.

Overall there was an decrease of 1 unit for social housing during the year.

23. OPERATING LEASES

The future minimum operating lease payments are as follows:

Within one year
Between two and five years
After five years		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
138,880
182,737
145,249
181,559
159,871
164,998
280,617
164,998
409,450
72,540
711,315
72,540
708,201
420,275
1,137,181
419,097

In addition to the above, The YMCA's share of commitments entered into by the joint venture company, Kirkgate Street Limited, are £2,535 per annum (increased annually by CPI) for a term of 125 years ending in March 2147.

78 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

24. PENSION COSTS

The group operates a defined contribution scheme, the assets of which are held separately from those of the group. The charge for the year to the income and expenditure account in relation to this scheme was £196,844 (2021: £189,713). Contributions for employees were a minimum of 3% of salary and the employer contributions were 6%. YMCA also operates a pension scheme through Peoples Pension where the employer and employee contribute 2.5% and NEST where the employer contributes 2% and the employee contributes 3%.

YMCA also participated in a contributory pension plan providing defined benefits based on final pensionable pay for employees of YMCAs in England, Scotland and Wales. The assets of the YMCA Pension Plan are held separately from those of the group and at the year end these were invested in the Mercer Dynamic De-risking Solution, 40% matched portfolio and 60% in the growth portfolio and Schroder (property units only). The charge for the year to the statement of comprehensive income in relation to the plan expenses for this scheme is £15,524 (2021: £13,731).

The most recent completed three year valuation was as at 1 May 2020. The assumptions used which have the most significant effect on the results of the valuation are those relating to the assumed rates of return on assets held before and after retirement of 2.59% and 1.09% respectively, the increase in pensions in payment of 2.99% (for RPI capped at 5% p.a.), and the average life expectancy from normal retirement age (of 65) for a current male pensioner of 22.0 years, female 24.4 years, and 23.7 years for a male pensioner, female 26.1 years, retiring in 20 years time. The result of the valuation showed that the actuarial value of the assets was £146.1 million which represented 79% of the benefits that had accrued to members.

The Pension Plan was closed to new members and future service accrual with effect from 30 April 2007. With the removal of the salary linkage for benefits all employed deferred members became deferred members as from 1 May 2011.

The valuation prepared as at 1 May 2020 showed that the YMCA Pension Plan had a deficit of £36 million. YMCA Trinity has been advised that it would need to make monthly contributions of £5,687 from 1 May 2022. This amount is based on the current actuarial assumptions (as outlined above) and may vary in the future as a result of actual performance of the Pension Plan. The latest triennial valuation effective for contributions from 1 May 2021 resulted in showing that the recovery period needed to be extended by two years, therefore the current recovery period is 8 years commencing 1 May 2021. The increase in the discounted future payments at the new rate was shown in the Statement of Comprehensive Income as an actuarial loss amounting to £126,179 in the year ended 31 March 2021.

As at 31 March 2022
As at 31 March 2021		 Within
One to two Two to five
After
TOTAL
TOTAL
one year
years
years
five years
2022
2021
£
£
£
£
£
£
54,132
57,796
197,118
153,059
462,105
512,738
50,633
54,132
185,071
222,902

In addition, the group may have over time liabilities in the event of the non-payment by other participating YMCAs of their share of the YMCA Pension Plan’s deficit. It is not possible currently to quantify the potential amount that the group may be called upon to pay in the future.

YMCA Trinity Group 79

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

25. CAPITAL COMMITMENTS

The aggregate amount of capital commitments at 31 March 2022 relating to joint ventures was £166,500. There are no other capital commitments at the year end.

26.RELATED PARTIES

The Cresset is a wholly owned subsidiary of The YMCA. The cresset limited is a non-regulated company registered under the Companies Act 2006. Details in relation to transactions with and investment in the subsidiary are provided in note 14.

Group transactions with joint ventures

The following transactions took place between the group and its joint venture company during the year:

Capital investment
Loans advanced		 2022
2021
£
£
50
-
80,000
-
80,050
-

The following receivable balances relating to joint ventures was included in the consolidated balance sheet:

2022 2021
£ £
Loans 40,000 -

The YMCA granted Kirkgate Street Limited a secured loan facility of a total principal amount of £390,000 during the year. Of this, £80,000 was advanced during the year and a further £185,000 has been advanced since the year end. Interest is charged on the loan at a rate of 8% per annum.

27. FINANCIAL INSTRUMENTS

The Group's financial instruments may be analysed as follows:

Financial assets:
Financial assets that are debt instruments measure at amortised cost
Financial liabilities:
Financial liabilities measured at amortised cost		 2022
2021
£
£
753,581
779,926
2,245,925
1,923,821

Financial assets measured at amortised cost comprise cash at bank and in hand, investments, trade debtors and other debtors.

Financial liabilities measured at amortised cost comprise trade creditors, taxation and social security, other creditors, housing and bank loans.

80 YMCA Trinity Group

YMCA TRINITY GROUP

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2022

28. CASH FLOW FROM OPERATING ACTIVITIES

Surplus/(deficit) for the year
Adjustments for non cash items:
Depreciation of housing properties
Depreciation of other fixed assets
Decrease/(increase) in stocks
Decrease/(increase) in trade and other debtors
Increase/(decrease) in trade and other creditors
Adjustments for investing or financing activities:
Increase in valuation of investment property
(Profit)/Loss on disposal of tangible fixed assets
Interest payable
Interest received
Taxation
Net cash inflow from operating activities		 Group
YMCA
2022
2021
2022
2021
£
£
£
£
388,232
34,275
381,984
149,478
212,672
210,403
212,672
210,403
320,292
303,428
302,677
283,124
(18,412)
15,166
-
-
(421,037)
130,025
(429,302)
131,359
125,599
141,611
78,755
(12,925)
(133,579)
-
(133,579)
-
(33,769)
10,395
(33,769)
10,395
74,841
71,683
74,841
71,683
(1,843)
(11,896)
(1,839)
(11,868)
-
(14,536)
-
-
512,996
890,554
452,440
831,649

29. ANALYSIS OF CHANGES IN NET DEBT

NALYSIS OF CHANGES IN NET DEBT
Cash
Loans due within one year
Loans due after one year
Total		 779,926
(26,345)
-
753,581
(233,172)
118,978
-
(114,194)
(1,103,299)
(186,789)
-
(1,290,088)
As at 1 April
2021
As at 31
March 2022
Other non-
cash
movements
Cash flows
(556,545)
(94,156)
-
(650,701)

YMCA Trinity Group 81

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YMCA Trinity Group
Cambridge:
Queen Anne House
Gonville Place
Cambridge
CB1 1ND
Ipswich:
2 Wellington St
Ipswich
IP1 2NU
Peterborough:
The Cresset
Rightwell East
Bretton
Peterborough
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PE3 8DX
Company Registration No: 3561613 (England and Wales)
Charity Registration No: 1069810
HCA No: H4179
----- End of picture text -----

YMCA enables people to develop their full potential in mind, body and spirit. Inspired by, and faithful to, our Christian values, we create supportive, inclusive and energising communities, where young people can truly belong, contribute and thrive.