Company registration number: 03684583 Charity reglslratton number: 1073674 YMCA Cornwall (A company Ilmlt6d by guaranlee) Annual Report and Flnanclal Stal8m8nt8 lor Ihe Year Ended 31 March 2024 *ADHB0UOA• 0511212024 COMPANIES HOUSE A07 #42 YMCA Cornwall Contents Trustees Report 1lo9 RaferencK9 and Admlnlstrallve Details Statement of Trustees, Responsibl￿tIeS 10 Independent Audltors, Report 11to14 Slaternenl of Financial Adivilie¥ 15to18 Balance Sheet 17 stalement of Cash Flows 18to19 Note8 to the Flnancl81 Ststèmènts 20k)41 YMCA Cornwall Trustees Report Th8 trus166s, who are directors for the purpose8 of (￿MpanY law, presenl the anhual raport together wllh the finandal statements of the Charllable company for the yaar ended 31 March 2024. ObjeGtivag and actlvlti•8 YMCA Cornwall Mlsslon Statement To provlde safe and supwied houslng for young pgople aged 18-24 who 8ro homeless or al rlsk of homelessness, offer a siablè 8nNironment. dedicaled guldance, and actass lo reerealional f8ciltlies to support the so(ial wellare of our residents. Our aim is lo empower young people to build. a secure foundation for independent Ilving, maintsin education. and securo employment, thereby improvino their overall quality of life. AS parl of an Inlernallonal Chrlsllan Movement, YMCA Comwall 18 committed lo recognising the equal value of all Indiwduals. WÈ airn to serve the local Communlty, with a locus on young people. by providing a stirnulaling and supportlv8 en￿ronment thal enables them to enrich Iheir lives and contribute posltl¥ely to the fives of others, ObJe¢ts and alms Th8 oblécts of the charfty as defined In the Memorandurn and Artlda8 of Associalion (revisod December 21Y22) are: 1.T¢ advance, enable and empower peo￿ of ali ages and In partlejjlar young people, to flourish through exparlendng and respondlng to the care arKI support. 2.To provlde resldenlial accommodation, Indudlng Soclal Houslng, fof people of all ages and In particular young people. who are in need, hardship, or distress by reason of Ihelr social, physical, emollonal. or economlc circurnstancas. 3.To advance and enabl8 Peo￿8 of all ages and In partI￿18r young people, io be empowered to Ihrlve Ihrough experlenclno hlgh quallly support. 4.To provlde or asslsl In the prothslon In the Interests ol sodal welfare of facllllles for recreatlon and other lelsure tlme occupalion for all wlth the oblect of Improving their condilions of li 5.To provide or a58181 In the provislon of edu¢allon for people of all agos and In partlcular young people. with the object of developing thelr physlcal, mental. or emotlonal health. 8.To relleve or a8slst In the rellef of people of 8118g85 and In parti(xJl8r young people, who arn In condillons of need. hardshlp, or dlstress by reason ol their sodal, thyslcal. emollonal, or aconomlc circumstances. Page 1 YMCA Comwall Trustees Report Tho YMCA Is 8 Chrfslian Federatlon and weloomes Into Its fellowshlp persons of all fellglous faiths and of none. In accordAncè V•ilh Its Chrtsllan values lh8 YMCA stands for. • A wOr1￿ld6 fetlowship based on the equal value of all persons., Respect and freedom for all, tolerance and underslandlng between people of differenl opinlons.. . Activé concem for Ihe needs t)f the eommunlly, . Uniteil effort by Chrlstlans of different traditions. As the expresslon of Its Chrlstlan purposes the YMCA alms lo.. • Provlde a welcome lo ils membern for ¢hemselve8 in a meeting place whlch is Ihelrs to shhre, where friendship5 cBn be rnado and counsel sought., Develop aelivities whrth stlmulate and challenge members In an envlronmenl Ihal enables Ihem to take responsibllily to flnd a sense of achievement; Involve all members In Ihe care and wot* of others: • Create opportunllles for exthanglng vl8w$ 80 that members can Improve thelr understandlng of th• wortd, of themselves and of one anolher. ObJe¢tlvas, strategles andactlvldes YMCA Comwall has devek)pèd tm￿ main areas of seivice in order to achl8V8 Its alms: 1) Youth Houslng 2) Youth and Communlty Publk b•n8fll Th& main areas of charitatyle aCti￿lY undertaken lo lurth8r publlc b8nafil are the provlsk¢n as follows: Youth Houslng - Involve8 Soclal Houslng for 16-25 year-old8. Houslng Ad￿￿, Counselllng and Resettlement; . Youlh and Communlty work- Invomng youlh dubs and aduft acllvltles, Including provlding affordable room hire facAlitles for othér communily groups. The Iruslees LX)nfirm Ihal they have complied wlth the requlremenls of Seetlon 17 of Charftles Act 2011 10 have du8 regard lo the public beneflt guldance publlshed by thè Charfiy Commlssion for England and Wale8. StruetUrn* governance and man•goment Natur¢ of governlng doeumènt The charity is reglslered as a charitable company limiled by guarantee 8nd w85 sel up by Memorandum of As8odallon dated 4 Decemb8r 1998 (rèvised Oecember 2022) and 1$ raglslered charity number 1073674. In the evenl of the company beirtg wound up memberyd are requlred to Contribute an amount nol exceeding £1 each. Pag• 2 YMCA Cornwall Trustees Report Recrullment and appolntment of trustées The Dlreclors of the company are also Charlty Trusl8és for the purposes of charlty law and under the companrfs Artides are known as membets of the Management Committee. Under. the Requlrements of the Memorandum and Artideg of Assocjalion the members of the Management Commillee 8re elected lo serve for a period of three years after which Ihey musl b8 re.elected at th8 next Annual Géner81 Meeting. Due lo the nalure of focus, sodal housing for soung people and youth aclivilies make up much of the charitrfs work and, inewtably. the organisalion's focus is on young peoF￿a. The Managemant Commitlee seeks to ensure that the needs of these gr(wp$ are appropriatety retle¢ted through the diversity ol the truslee body. Inducllon •nd trnlnlng of tnMtee¥ New trustees are Invtted and encouraged to attend a short tralnlng 8esslon (of no mt)re thaD an hour) lo famillarise themselves ¥4ryth the chariiy and th8 context within whlch il operates. The Chair of the Management Committee or Ihe Chief Exewlive of Ihe charity can cover and lead these.. . The obligations of Management Commlttee members., Th8 maln documents whlch Set out the operatlonal framework for the tharfty Indudlng Ihe Memorandum and Artlcl8S: . Resourclng and the cuffent financial position a$ 3el out In the lalest published accounts: . Future plans and oblecllves. The YMCA Comwall Tnjslee Inductlon pack. last revlewed In 2022. draws Informa￿On from tho varlous Charity Commlsslon publi￿110n8 slgnposléd through the Commlssion's ouide "The Egsenlial Trustee" as a follow up lo these ses5ion8. Thls 18 dlslributed lo all new trustees along wllh the Memorandum ond Artldès and th& lalesl flnanci81 slaternents. Organlsatlonal structure YMCA Comwall has a Management Commlllee consisllng of a body of membern who meet quarterly and arè r8sponslble for the slraleglc dlrecllon and pollcy of tha charfty. The Members ara Irom varlely of professlonal backgrounds relevant lo the work of the Charlty. The Secretary also slts on the Commlttee Ixrt has no vollng rfghls. A scheme of delegalion 1$ In place, wlth d8y-to4ay responsiblNty for serrfke provlslon resllng with the Senior Management Team, whith Includes the Finance Manager. Houslng Manager, and Corporal8 Seprflces Managèr. The Senlor M8nag8ment Team Is a¢x¥Juntsble'for ensuring that lh8 eharfty dellvers Its se￿¢03 a8 spedfied and m8els kèy performanca Indlcatorn. They also overs66 th& operalional managemenl of thelr respecllve deparimenls, provide indlvidual supervislon to staff. and ensure thal the leam continualty develops Ils skllls and worklng prdcllces in line wlth best prdctices. Relatlonshlpg wlth related partles In allgnm8nl wlh the charlvs obleclives, Ihe organls8tlon Is gulded by both local and na￿onal pollcles where relevant. Page 3 YMCA Cornwall Trustees Report Reference and Administrative Details Chlef Executlve Officer Davld Hall-oavles (Rèslgned 8 October 2023) Tru8tse• Nlcola Hemsley (Chalr) Der8k Tilby (Vic£ Chaire) Penny Mams Hudson Smilh Chrls Seamarks ffreasurer) {resigned 25 Aprll 2024) David Leah (Resigned 1 August 2023) Zena Mulh (Appolnled 25 January 2024) Palrfcla Woodfield (Appointed 25 September 2024) David Hall.Davles IResigned 8 Oclober 2023) Loulse Karen Mallas {Appolnled 25 January 2024) 1073674 S¢crotsry Charlty Regl$tratJon NuM￿r Company Regl•trallon Number 03684583 Princlpal OIIIGè The Orchard Alverton Road Penzance Comwall TR18 4TE Audllor PKF Frnnds Clark ststutory Audltor Lowin House Tregolls Road Truro Comwall TR12NA Coodes Solicltors 4￿50 Morrab Road Penzanc8 Comwall TR18 4EX Sollcltors: 8ankern CAF Bank Llmlled 25 Kings Hill Avenue lfjngs Hlll Wesl Malllr Kent ME19 4JQ Page 4 YMCA Cornwall Trustees Report Achievements and perfomiance YOUTH HOUSING Cherrytree House. Appletree House, St Levan, Morrls House (Supported Houslng Projects) Appl8lree and Chérrytree House$ are purpose-built. salf-conlalnod accommodallons pro¥idin9 supported housing for 22 youno people. Appietree Housé, opened In 1994 In partnershlp wlth YMCA England. and Cherrytree House. opened in 2004 in partnership wilh Permilth Housing Associatlon (now Livewestl, senie as vltal resources for vulnerable youth. In March 2023, we successfulty pur¢h8sed CheTTrrtrée House from LlvaW8sl. securing its lulure use and enabling us to contlnu8 developlng and modemlzlng the property foi the benefll of the young people In our care, Morls Housè created by convertlng a former sports hall on our maln slte Inlo 20 self-conlalned nats 8UOS6 three floors, Thls prolecl was completed in July 2021 by our skilled In-house malntenance team, wilh a recenl upgrade lo the roof slruclure ensurlng Its long-tem vfabilily. Our St Levan Ilals offer tour short-tern rooms wllh sharéd kllchen And balhroom facS1ilig$, providing temporary 8c¢ommodallon for young peopl8 al ri$k ol homel83sne8i while a sullabla long-t8mi housing solution Is found. Support workers contlnue to as8181 these young pèople In PTeparing lor Independenl liwng wilhln the communily. Young people aged 1&25 can remain al Ihesa proiects lor up to h¥0 year8. Movo-on Flat• In Oclober 2008, Penwllh Houslng Asaoclallm. n¢)w part of LlveWe31, Integralad lour flat$ from thelr general needs stock Into a man8gemenl a9reemenl wilh YMCA Cornwall. Thesè Ilals play a vilal role as movfron accommodatlon for young people transmonlng oul af supported housing after Ihelr trwo•year stay. Thls collaboratlve effort ensures a eonllnuum of caré, supporting young Individuals as they progress from supported housing to more independent Ilvlng arrangements, f08terlng a srnooth and 8U8talnable transition. All the aforementioned projects are flnand8lly susl8ln8d through the 8UPPOrted houslng setvlce and renlal in¢om8 Ihey generate. During thls financial year. these initiatives have been Inslrum8nlal In 8UPPOrtlng and provldlng accommodallon for 8 lotal of 91 young Indlvlduals, Includlng th08e who were Sllll residents Bt the end of Ihe year. The financlal sustainabllSty of these prolects highllghls Ihelr commrtment to deliverin9 essenllal seNices and maintaining a stable liwng enmronment fcr young people In need. Hou81ng AdvlcelResettlement The YMCA Cornwall Houslng Advice and Resettlemenl Servlce conllnues lo perform well, The post h98 been Incorporated Inlo Ihe general seNices available lo young peopl8 and predomlnantly serves the 16.25 yearwold client group. From Aprll 2023 until March 2024 advlca and a88lslance has bee given to 129 young people. Page S YMCA Cornwall Trustees Report Room Hlre YMCA Cornwall Is dedlcated to offering excellent. affordable room hife facilities for various cornmunily groups and local organizations. Additionally. we provtde office rental spaces for respected partners such as the Liberal Democrats and Citszens Advlce. Our commitment lo providing accessible and hloh-qualily fadllties supports Ihe divers8 neèds of our cornmunlty, f081ering collaboralSon and engagement, Alrplay - RAF St Mawgan As part of a n6tworf( of YMCA organlzations arJoss the country, led by Ono YMCA, YMCA Comw811 has been delivèdng a youlh club program al RAF St Mawgan under the broader RAF Benevolent Fund contract. Aiiendantx ha8 been steadily Improving year on year. desiNle an initial slow start dua to the Impa¢l of the covir>19 pandemic. Flnanclal Raviaw Durlng the yaar the Chayity ￿ntInUed lo do￿lOp Its servlc8s. ThSs ￿ar 11 ha8 generated an ¢)ver811 deflcil for Ihe year endlng 31 March 2024, whlch has created a net decrease In funds of £21,578 (2023.. £105,691). A deficn 01 £5,286 (2023: surplus of £17,193) relaled to reslrlcied funds has been general￿ and wfll be carried forward lor ongc4ng projecls. Unre8ldcted fund$ hava crealad a deficll after Iran8fer8 of £16,292 (2023.. £122,884) durlng Ihe ￿r. As at 31 March 2024. unrestiicted fvnds stood al £412,878 (2023.. £429.1701 including a dosiqnaled unraslricted fund of £54.472 (2023.. £54,472). Reslrlcled funds lotslled £252.175 (2023: £257.461) at 31 March 2024. Qurfng Ihe year r23,001 was spent on lundralslng In lospect of pur¢haslng Cafe supplle5. In(x•me ralsed Irom the cafe lolalled £30.730 resulting In a £7,729 {2023.' £7,513) profrt for the year. Regerves Pollcy The Management Commltlee has examlned thè charfl5ls requlrements for res8rve8 Sn Ilghl of the maln rlsks lo the organlsatlon. It has eslabttsh8d a pollcy of whereby the unrestrlded lunds nol eommllted OT Inve51ed In tangible nxed assels held by the charlly should be betr4veen three to six M(￿u￿ of ihe core expandiluro. The reserves needed lo meet the working cApllal requlrements lor the tharlty and the Managemanl Commlllee are confident Ihal at Ihls level they would be able to conllnu• the cajrrenl acllvlties of the charity In Ihe event of a slgnlficant drop In fundlng. 8udgeled cwe expendlture for 2024r25 Is £1,186,000 and therefore Ihe targ81 18 £296,500 to £593,000 In free unrastii(#ed reserves. Current, free unrestricled reserves (excludlng tgngibk fixed assels and long lerm loans over 1 year) are (£89.639) and therefore nol wllhln the target range. We alm over the next ￿ years to accrue at least £100.000 free reseples and the Board has established an expectation thal, apart from development of services. every prolect or seNtce must go Into a n8W financial year wrth a balanced budget. Ovor Ihe Comlng finandal year we expect to brfng the free reseNes doser to the agreed largel range. Page 6 YMCA Cornwall Trustees Report Inv061m•nt Pollclas and ObJectlvo$ Under the Memorandum and Articles of Association the Charlty has the power to invest in any way th8 Trustees wish. The Trustees. havlng regard to Ihe liablllly requiremenls of operatlng the organlsallon and lo the reserves pollcy, ha￿ operated a policy of keeplng avallable fiJnds In an interest-bearing deposll account. Risk Management The Managemenl Commfttee ha8 carrled out 8 comprehenslve assessment of the key rlsks laeAng the charlly. A carèfully m8intaSned rlsk register Is regularty revlewed by lh& Board lo ensure ongoing oversight. To mitigate Idenllfied rlsks, the charity has Implemented robust systems arKI pr(￿dureS tailored for effecllve risk management. In response to slgnlficanl external funding risks. a straleglc plan has been developed lo divèrsify fvnding Sour￿ and bmaden the $oope of aclivltles. Intern81 control rlsks are proaclively managed Ihmugh strict enforcement of procedures, ensurlng that all transactions and prolecls are property aulhorlsed. The organlsallon Prforillse5 the health and safely of staff. volunteers, dients. And Msilors. wilh comprehenslve wocedures in pla￿ lo ensure full compllance. Recognized for Its o)mmltment lo excellence, YMCA Comwall was awarded the Investors in People accredilalion in June 2014 and achieved Silver slalu& In 2017. Addilionally. il conslslenlty meets LoeAI Aulhorlty health and Gafely standards {CHAS) and malnlains a Gold standard In the Healthy Workplace Award. Golng Conc•rn YMCA Cornw811. Ilke many organisalions, has been Impacted by the curfenl hlgh Intlatlon and cosl of li￿ng crlsis. Howevar. as we had already revlewed staff salartes prlor lo Ihase challenges. our pay revlew for Ihe current perlod allgns wllh our In￿me Increases. Looklng ahead. are now reassessSng our salary slructurn and organlsallonal frameworft to Infomi future budgels, Fortunately, we have been shlelded from the recent surge in energy prlces, as we secured favourable eleclriclly and gas deals belore prices splked. While our electricAty conlract has been renewed 8t a hlgh8r rate, the mafkel has since stabilised, and our currenl gas contract is locked In unlll January 2028. Thé purchase of Chorrytree Hou89 initlally slralned our cash flow, ￿Mpounded by Ihe additlonal funds required lo relurblsh the bulldlng to match the hlgh slandards of our olher propertles. However, Ihrough a car8fully Implemenled recovery plan-whlch Included minlmlslng vacanGie8. 18unthing a marketing campalgn, and engaging in community fundralsing-we have begun to see a posiliv8 shifl In our reserves posl year end. After conductlng a thorough analysls of our finanaal prolecaicffls. we anlicipale signlficant Improvements in OLtr flnanaal poslllon by the end of the financial year, concludlng on 318t March 202S. Page 7 YMCA Cornwall Trustees Report Plans for future porlods Alms and key objectlves for future perfods YMCA Comwall conslstenlly delivers hlgh-qualily sarvieÉ$ a¢xoss all Ils prolects, supportad by a dedicated team 0129 slaff members and an annual lumover of £1.101.752. The scope and standard of118 sénilces have expanded signific2ntty. establishing YMCA Comwall as a leading providèr In the Youth Supported Houslng and Resettlement sector. Thls growlh and development have been 8ccompllshed Ihrough 8 Straleglc and coordlnaled approach. However. YMCA Cornwall's work Ss far Irom (Inlshed. A sgnificanl number ol individuals remain socially exduded, and the organlsalion's future prioritles musl focus on houslng, whi¢h 18 projected lo be the mo81 crrtlcal issue over Ihe next decade. In 2019, YMCA Comwall undertook a comprehensive ￿vIeW and rèvislon of Its Strdleglc Buslness Plan. wllh a focus on developlng measurable targets to guld8 Its straiegy and further evolve the organisation into a dynarnic and successful charity dedicaled io serving the needs of young people In Cornwall. Th6 plan Is scheduled for re¥lew In lal8 2024 and wlll servg as a foundallon for the long.term benefit of the Assodallon, its fflémberB, and the yvuth ol Comwall. Addillonally, tt wlll provlde a framawork for as8esslng our impael on the communlty and demonstrating the p4th11c benefit, which the Trustefrs carefully con8id8r V￿￿ delermlning the Chorlvs actlvltles. Th8 Trustees confim that they have o)nsulled Ihe Charily Commlssion's general guklance on publlc benefit when reviewlng the Assoclatlon,? objectlves and a(alvitles, as w811 as In prannlng fulura inllialives and projeds, The chariws prlmary activiiies are outltned above. Ovèrall Stsategy YMCA Cornwall seeks to be a count*wldè slgnfficant organlsallon, TecAJgnlsed lor Ils rasponslvene3¥ lo local needs. WO are commllled to ￿nIlnUallY enhandng the quallty and scope of our programm8s and actlvilles by: . R8searchlng and d8veloplng new Inlllatives and InCome￿eneratIng OPPOrtunltles. • Offerlng engaglng anrj 8ppealSng programme optlons. Investing In our staff. facAlilles, and resources. • Building a strong financlal foundation for future growth and davelopmenl. Our objectlves includ8: . Promotlng and elevatlng our prollle and Influence as a leadlng county-wldé organlsation. Responding to local needs and en8urlng our servbces meet thè requlrements of Indlvlduals and ¢ommunllles. • Strengthening partnershlps wilh ag8nd88 and stakeholders. Proactlvaly Implementing Innovative business ideas. programmes, and acmles based on Idenllfflèd needs. • Managlng rlsks effectively and adapting to evofving r4rcumslances. P8g8 8 YMCA Cornwall Trustees Report Dlsclosure of Inforniaiion to auditor Each Iru8lea has taken steps that they oughl to have tak8n as a Irus18e in order lo make Ihemselves aware of any relevant audil information and to establish that the charitvs auditor Is aware of that informatlon. The Iwslees confirm that there Is no relevant Information that they know of and of whith they know the auditor Is unaware. Small companles provision statement This report ho8 been prepar￿ In accordancè wllh tha small companles reglme under Ihg Comp8nles Ad 2006. The annual report was £pprovgd by the Iruslees ol the chadty on behalf by". 20111 nd 61gned on Its Nlcola Hemsley {Chalri Truslee Pege 9 YMCA Cornwall statement of Trustees, Responsibilities The Iwslees (who ar6 also Ihe dlr8clors of YMCA Comwall for the purposes of company law) are responsible for preparlng the trustees, report and the Ilnandal slalements in accordanc8 wllh applicablè 18w and Uniled ￿ngdoM Accounllng Standards (United Klngdom Generally Acc￿led Accounting Practi￿). Induding FRS 102 'The Flnandal Reportlng Standard applieable In thé UK and Republic of Ireland" Company law requlres the knjslees lo prepare financlal stgtem8nts lor eath financlal year. Undar company law the truslees must nol approvo the finandal st8lements unless they are satisfied thal they give a Irue and fair vtew of ihe slate of affairs of the charilable company and of the Incomlng resources and appllcation ol r8source$, indudinll Its Incom8 and expenditure, of the ch8ri18ble C￿rnpany for Ihat perfod. In preparing Ihese financial sialements, Iho Iruslees are requlred to: select 8uilable acLounting wlicies and apply them conslslently, observe the methods and prlncaples In the Ch8lTlies SORP., make ludgements and estimates Ihat are reasonable and pNden( stale whelher applicablg acMunting slandaid8. cornprfslng FRS 102 have been foll¢Med, $ublÈd lo any malerfal depariures dlsclosed and explalned in the financial statements; and preporé Ihe financlal s181*n￿nIS on th8 golng eoncèm basls unless11 Is Inapproprlats to Presumè that the charitable company VAII conllnue In buslness. Thè trustees are responslble for keeping propel a￿￿untIng records that can dlsdose wlth ieasonablè accuracy al any Ilme the finandal posillon of Ihe ch8rltable company and énable them to ensure thal Ihe financlal slalements compty wlth the Companles Act 2006. They ar6 also re￿onsIble lor safeguarding th& assets of th8 tharitable company and hence for t8klng reasonable steps for the prevanllon and deledon ol fraud and other Irregulaiitles. The Irustees are responslble for the maintenanc* and Integrity of Ihe CO￿1& and finaniial Inf0M￿tIon indud8d on Iha tharli8bl8 companys webslle. Leglslallon govemlng Ihe prepaTallon and dissemiftallon of flnanclal sLitements MAY dlffef from leglslalion in olher lurisdicts'ons. Approved by Ihe Iru8tee8 ol tho tharfty on ..... Nlo)la Hemslay (Chair) Trustee Pa98 10 YMCA Cornwall Independent Auditorfs Report lo the Members of YMCA Cornwall Oplnion We have audlt8d the financlal $18temenls of YMCA Cornw811 (Ihe 'CharlI￿ for the year ended 31 March 2024. whlch ￿)rnprise the Statement of Finandal Aclivilies, Balance Sheet, Statement of Cash Flows, and Notes lo the Financial Slalements, Including a summary of significant accounting polldes. The financial reporting frÉmework thal has béan applied n their preparalion is United Kingdom Accounllng Standard5, comprislng Charilles SORP - FRS 102 'The Financial Reportlng Standard appllcable in the UK and R?PLFbllc of Ireland. and appllc4qble law (Unlted Ktngdom Generally AL￿pIed Acc4)unllng Practice). In our oplnlon the finandal slatemonts: glve a true and falr ￿eW of the slate of th8 ¢harltYs affalrs as at 31 March 2024 and of lis Incoming resource5 and application of resources, including Ils Incnme and 8xpendilure, for Ihe year then endéd., have been propèrfy praparad In accordan￿ with Unlled Klngdom Generalty Accepted Accounllng Practice: and have been prepared In a¢¢ordance with the requlremenls of the Companles A(a 2008, Basls for oplnlon We conducted our audit In ac￿rdAnCe with Int8mational Slandards on Audlllng (UIQ (ISA$ (UK)) and appll¢able law. Our responslbllitles under Ihosa sland8rds are further de$u7bed In the audlior responslbilities lor Ihe audit of the financial 81atements secllon of our report. We ere Independent of the charlty In accordan¢x wlth the ethlcal requlrements that affj relevanl to our audlt of the flnandal stat8menls In the UK, in¢luding the FRC'S Ethlcal Standard, and we have lulfilled our other elhlcal rnsponsibilitles in acts)rdance wllh Ih8s8 requlremenls. Wé belS8v8 that Ihe audlt evtdence have obtalned Is suffl¢lenl and approprfale to provlde a basis for our oplnlon. Conclusion8 ralallng to golng concern In 8udltin9 th8 finandal stal&menl8, wé have conduded Ihal the Iru8t8es u88 of Iho goinu concem basls of arLourbllng in the preparnllon of the finandal sl8laments18 approprlata. Based on the worf( we have performed, we have not Identified any materfal uncartalnties relatlng to events or condillons that. Indl¥rfdually or collecllvely. may cast slgnlfic4nl doubl on the charfly's 8blllty lo eonllnue as a going conc8rn lor a period ol al least Iwelve months from whèn thé orlginal financlal statements were authorlsad for issue. Our responsibilities and the r8sponsibilit16s of the Iruslees with respe¢X to golng concem ar• doscrlbed In Ihe ral8wanl 8e¢llons of thls report. Oth•r infomiatlon The Iruslees 8re responslble for the other Information. The other Infonnation compris88 the Inform81Son Induded In the annual report, other Ihan the flnanclal statements and our audllorfs report thereon. Our oplnion on Ihe financi81 stalemenls does not cover the other Information and. excapt to the axlenl otherwlse explldliy slaled in our report, we do rKIt exprgss any form of assurance condusion thereon. Page 11 YMCA Cornwall Independent Auditor's Report to the Members of YMCA Cornwall In connedion with our audll of the finandal stalemenls. our responslbllity Is to read Ihe other inforrnabon and. in doing so, consider whether the olher informats'on is rnalertally inconsislenl with the financial statements or our knowledge oblained In tha audit or oth8Th¥lse appears lo be rnalerially misslaled. If we idantlfy such malerial inconsi$tencie8 or apparent malerial mlsslatem8nls. w8 are requlred lo d8lemiln8 whether theré is a matarlal mlsstatemenl In lh8 finanelal statemènts or a fflaterial misstalemenl of Ihe other Infomiation. 11, based on the worf( we have p8rformed, we condude that there 18 a malertal mlsslalemenl ol this other infomialion, we are requlied to report th81 fact. We have nolhlng lo report in th18 regard. OplnSon on oth•r matt•r pres¢rlbed by the Compan1•8 Act 2006 In our oplnlon, based on the work undertaken In the course of the audll: the informalion given in the Twslees Report for the finan￿al year for which the financial statements are prepared Is ¢onsi5lent wllh Ihe fin8nLial statements,, and the TNstees Repart has beén prepared in accxjrdance wllh appllcable legal requlremenls. Mattern on whlch we ar• r•qulrnd to r•port by •xc•ptlon ln the IwJhl of our knowledgè and understanding of Ihe tharity and Its environment obl8ln8d In Iha course of the audll. we have not Identlfied material mlsstalements in Ihe Tnjslees Report. We have nolhlng to report In fespecl ol Ihe fouowing matters whern the Companles Act 2006 requlr88 us lo report to you if, In our oplnlon.. adgquate 8(xounllng records have nol been kepi. or rBtum$ adequale for our audlt have not been recelved from branches not vlslted by us; or the finandal slatemenls are not In agreement wllh the accounting records and retums; or certain disclosures of trustees remuneration spedf*d by law are not made., or we hava nol raeelved all the Informallon and explanatlons wa raquir8 for our audll. lh8 dlreclors were nol enllllad to prepare the finanoal statements in accordance wlth the small comp8nles regime and take advanlage of the sm811 companles, exemptlons In preparfng the dIre￿Or$, report and from thé 18qulYemenl to prep8rB 8 8lr8lèglc Mport Responslbllltles of tru8leas As explalned more fully In Ihe Slalement of Tiu$tee$' Responslbllllles (set out on paoe 10). the trustees aré responslble lor the preparation of the flnanclal stalemenls and for belng sallsfied Ihat they glve a true 8nd falr ￿ew, and for suth intemal control as the Iruslees determine Is necessary to enable Ihe preparation of financlal stalemenls th81 ar8 free from malerfal misstatement, whether due to fraud or érror. In preparing th8 finan¢lal statements, Ihe trustees are responsible for assesslng the charfly's ablllty to conllnue as a golng concem, dlsdoslng. as appllcable. matiers related lo going concern and using the golng concarn basis of accounllng unless the truslees either Intend to Ilquldate the charlty or to cease operallons, or have no realis￿¢ altamallve bul lo do 60. P•ge12 YMCA Cornwall Independent Auditor's Report to the Members of YMCA Comwall Audltor re8pon8ibllllles for the audit of the flnancial statements Our objeetlves are lo oblaln reasonable assurance about whether the financial statements as a whole are free from malerlal misslalement. whethèr due to fraud or error, and lo issue an audltofs report that Includes our oplnion. Reasonable assurance is a high level of assurance, but is nol a guarantee that an audit conducted in accordanr£ with ISAS (UK) will always deted o maleTlal misstatement when il exisls. Misstalemenls can arfse from fraud or eFror and are considered maleiial if, indlbidually or in the agg￿gate, they ￿Uld reason8bly be éxpected lo knfluence the economlc decislons of user3 taken on Ihe basts of these finandal slalements. Irregularities, Induding fraud, are instan￿$ of non-compllance with laws and regulallons. Wg design procedures In Ilne wilh our responsibllllies, oullined above, to dgteci material misstatements In respect of Irregularities. including fraud. The extent to which our pr￿eduleS are capable of delecllng Irregularilles. induding fraud Is dèlailed below.. As part of our audlt plannlno we obl8lned an under8tandlng of th• legal and regulatory framèwot1( that Is applicable lo the charity and Ihe seclor in whlch it operates to identify the key laws an(1 regulaliorns 8ffectlng the enlity. The key laws and regulatlons kleniified were health and safely, salegu8rding, data proleclion, employment law, the Sodal Housing Regulation Act, and compllanrA wlth grant lundlng ojndillons. We also consldered those laws and regulatlons that have a dlrect Impact on the preparation of the finanoal slalemenls, primarily the Companles A(a 2006, Chafilies Act 2011 and ¢omplian¢e wilh the Charitiés Slalement of Recommended Pracil¢¢. We discussed Wkth management how thè compllance with ihese and regulallons 18 monitored and discussed pollcles and proceduros In plac*. We also Id6ntified the individuals who have responslblllly for ensurfng Ihal the enllty complles IMtt)18w$ and regulatlons 8nd deals wtth rèportlng any Issues if Ihey arlse. Wa assessed the 3U8ceptibllily of Iha charfvs financlal statemenls to matellal mlstalement, Induding how fraud mighl occur as part of the audlt plannlng process. We daterminad thal these rf$ks are low consldertng the fact Ihal th8 charily opw8tes on a not for prollt ba$18 and so there would be no mollvallon for management to Inlluence pgrformance for Individual galn. Based on Ihls understandlng we deslgned our audll procedures lo Identify non4ompllance vAlh such laws and regulations. Our procedutss invohfed the folbwlng: ' We review8d lègal and professlonal costs lo Idenlfy any nonrycompllance or legal costs In relallon to non-cfjmpliance. W6 reviewed the board minutes for anyihing unusual. ' W8 made enquire3 to man8gamenl regardlng iheir knovAedge of any non-￿MPlianca laws and ragulatlons that o)uld affect the flnandal slalement8. We reviewed a sample of expenditure to ¢onfirn It ha8 been incuryed and allocated lo the approprfale fund. ' We revlewed thé rlsk reglsler for anwhlng unu8uAI. We 8udlled the risk of management overrlde of ￿ntrOl8 through lesllng Journal entrEes and other djuslmenls for appropriatenes5. As part of our enquiri8s we di$￿8$e￿ with management whether there have been any known inslanr£s. allegations or suspicions of fraud of which Ihere were none. Paga 13 YMCA Cornwall Independent Auditor's Report to the Members of YMCA Cornwall Because of the inherent limitations of an audit, there is a risk that w8 ￿711 not d8lect all Irr8gularflla$, Including those leading lo a matetlal mlsslatement In thè financial slalemenls. Thls rlsk Increases the (urlher removed non-compliance wllh laws and regulations is from Ihe events and transactions reflected in Ihe financlal slalemenls as we are less likely lo become aware of instances of nonThcomplianc4. The risk of not detecllng 8 matertal.mlsslatement due lo fraud Is hlaher than Ihe risk of not delecting one resulting from e￿Or, as fraud may invol¥e dèliberat8 concealment, collusion. omlssion or misrepresenlalion. A lurther descrip￿On of our responsibililies is available on the Finaneial Reporting Coun¢￿.8 webslie al: vrt¥w,frc.org.uklaudilorsresponsbi ililies. This de8crSpiion lorms part ol our audllorfs report. Ug• ol our rnport Thls ieport Is madè solely io the ch81itable cKJmpanYs members as a body. In accordance wlth Chapter 3 01 Part 18 ol ihe Companies Act 2006. Our audbl work has been undertaken so that we mlghl slate lo Ihe charAy's members those matters we are iequired lo slate to them in an audilorfs report and for no olher purpose. To the fvllesl extent permltted by law, we do not attept or assume responslbilily lo Anyone other Ihan the tharliable company and Ils marnbets as a boo¥. for work, for thls report. or for Ihe oplnlons we have fom)èd. Darren Perry BA iFlonsj ACA DChA (Senlor Slatutory.Audltor) PKF Ffancls Clath, Slalutory Auditor L¢wln House Tragolls Road Twro Cornwall TR12NA Date., 4 December 2024 Page 14 YMCA Cornwall Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestrlctad funds Restrlcted funds Total 2024 Not• Income and Endowment8 from: Oonalions and legacies Charilable aclimties Oth8r Irading activitles Investment Income 12,297 1,022.531 30.730 1,397 34,797 47,094 1.022,531 30,730 Total In￿ffle 1,066 955 1.101752 Expendlture on: Raising funds Chatltabl8 aCt￿ltIeS (23,001) (23,0011 1,100,329 Total 8xpenditure expenditure Net Mov￿ent In funds 1,083,24 1 123 330 16,292 5286 1.578 (16,292) (5,286) 121.5781 R¢Goncllladon of funds Total funds brought fofward Total funds caiTled forward 429.170 412.878 257.461 252 175 686,631 665,053 The notes on pages 20 to 41 foftn an kntegr41 part of Ihesg fman¢ial stalemenls. Paga15 YMCA Cornwall Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Comparatlv• Stat•mant of Flnanclal Actlvltle8 for the year ended 31 Mareh 2023 Unr•$trlcied Restrlcted funds funds Total 2023 Not• Income and Endowmon18 fiom: Donalions and legacles Charilable aclivilies Other tradlng actlvlllas Investrnent In￿rne 6.823 852.905 33,093 1,999 71.539 84.362 852.905 33,093 1,999 Total Income 77,539 972,359 Expendlture on; Raislng funds Charitable act1￿1186 (25,580) 992.124 <25,580) 1052 470 Total expendllure Nel (expenditure)Ilncome Nel movement in funds 1.017704 1078 050 122,884 17 193 105.891 (122.884) 17,193 (105,691) Ro¢on¢lllatlon ofthnds Tolal funds brought foDHafd Tolal fund8 Carrfed forward S52.054 429170 240.268 792,322 20 257 461 All of the charilY8 actlvltlas deriva from contlnulng operallons durlna the above Iwo perlod8. The funds breakdown for 2023 is shown Sn nola 20. The notes on pages 20 to 41 fom on Inlogral part of thèts flnJn¢lal slaiements. Page 18 YMCA Cornwall (Reg.istration number: 03684583) Balan￿ Sheet as at 31 March 2024 2024 2023 Note Flxad assets Tanglble asse18 12 912.908 976,472 Current assets Debtors Investments Cash at bank and In hand 13 14 15 28.158 230 105.899 70,498 230 102,858 134.287 173.584 Cr•dllor8: Amount8 falllng due wlthln onfr year 16 101,117 120.15 Nat ¢urrnnt 4860ts 33.170 Total a88ets less current Ilabllltle8 946.078 281.025 1.028,899 342.268 Crodltors: Amounts falllng due after mor¢ Ihan on¢ year 17 Net a889ts 686,631 Funds olthe charlty: Restrlcted Unrestricted 252.175 412.878 257,461 429.170 Total fund• 20 865.053 888 831 ndal I lements on pages 15 10 41 were approved by the Iwslaes, and authorl$ed for1s8ue nd signed on their behalf by: Nlcola Hgmsley (Chalri Trustee Th• not•8 on pAg•s 20 ta 41 form an Inlè9ral plrt of tho80 flnanclal stalemenl8. P4go17 YMCA Cornwall Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Noto Cash flov￿ from operating activities Net cash expendlture AdJu8tmonts to cash flows from non¢ash items Depredation Inveslment income Interest payable Proflt on dlsposal of tanglble fixed assets (21,578) (105.691) 101,080 (1,397) 71.654 (1.999) 1.953 5,679 72,428 (34,083) Working capital adjustments Decreasè In stocks Decreasel in cash Cash inflow from increase in loans Cash oufflow from repayment of loans Change in net fundsl(debt) r8sullin9 from cash flows Repayment of finance lease liabilities Movement in net fundsl(debt) 3,041 {320,590) {259.000) 37,540 51,562 54,603 7,254 (542.050) 34,877) 61,857 {576.927} 290,764 Net {debt)Ifunds at 1 April 2023 Net debt at 31 March 2024 286.163 224.306 (286.163) All of the cash flows are derived from contlnulng operations during the above two periods. The notes on.pages 20 to 41 fomi an integral part of these financial ststements. Page 19 YMCA Cornwall Notes to the Financial Statements for the Year Ended 31 March 2024 1 Charfty ststU8 The charity is limited by guarantee, Incorporated in England & Wales. and consequenlty d06s not have share capital. Each of the Mernbe￿ is liable lo o)nlrtbule an amount nol eX(￿edIng £1 towards the a5sols of tha ¢harlty In the event of Ilquldatsm. The address of ils reglslered oifi¢e is- The Orchard AFverton Road Penzanr* Comwall TR18 4TE 2 Accountlng pollcles Summary of slgnlflcant a¢¢ountlng pollclos and key accountlng estlmat•s The prin 1,841 1,988 612 20.847 1,986 1.355 18,147 1,000 (2sn P,500) 1,587 12,109 1,587 12,109 2.008 4,125 6.650 1,779 2.500 <2.925) (500) (1,404) (255) 1.583 3,62S 1.$24 893 (408). (3,639) 26,569 22,930 Page 34 YMCA Cornwall Notes to the Financial Statements for the Year Ended 31 March 2024 Balanc• at I Aprll 2023 Incomlng resources R••ourc•8 Balan¢e al 31 expended March 2024 Shekhlnah - Welcome pa¢k8 Rotary Club SW Trust Fund Blg Lottery WIFI & CCTV Upgrade Clalre Mllne- Slalrllft CCF Upper Sl Levan Boiler Leonard Laity - Resldenl Starter Packs Sklpton Buildlng Sodely Re51denl8 AC11￿lIeS auakers- Velux windowg Percy Billon . Fridgéfre6zers Albert Hunt TNst- Houslng staff Beririce Lalng Trust- Flal furnishings LandAld - Velux vlndows Rotary- Hug In a box Screwfix - Cherrytree refijrb Roiary - Résidents furn15hings CCF - Infonn Database & tralnlng Total r•8trfctsd fund8 113 12,060 Iixi 300 413 6,114 (5.946) 6,522 5,920 4.927 (3,032) (857) {769) 3,490 5.063 4,1&8 762 (397) 365 2,936 2.500 3,000 12,500) (2,750) 250 7,000 7.000 2.500 3.000 1,500 8.000 1,800 I2.5￿) <2,500) <1,500) (1,468) (1,800) 500 4.532 1.442 1,$58 257,461 40,083 252.175 Totsl funds 686,631 1.101752 1123.330 865,053 Pago 35 YMCA Cornwall Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at 1 Aprll 2022 Incoming r•$ource8 Resources expendod Balance at 31 Mar¢h 2023 UnY•gtrlcted funds Genwal Genor81 unreslrfcled funds 497,582 894.820 (1,017,704) 374,698 Oesignated Malor repair8 fund Project d8veloprnenl fvnd 48,390 6.082 48,390 Total unr08tr1cted funds 1.017,704 429.170 Re8trlGted Capllal fund Homeless Llnk Coffee shop refuthshment Houslng and reselllement Support s8r¥lce Refurblshment of hostel AptA8tree Hou refvrt)ishment Cornwall Independent Povorty bursarles Tesco Bags lor Llle MorTiS Hous• Mnversl*)n LI0￿8 Bank Foundatlon core grant Big Lotlary Fundlng CCF Emergency Fund & Cornwall Communlty CrisSs Fund B&Q FoundaNon Olher Teslrici6d funds Bertrice Laing Trusl Slr8elsmart- Resident Ac#iwlies Ludgvan Church- Resldenl Activlties Land Aid Shekninah- WelGwie paths Rotary Club SW Trust Fund Big Loltery WIFI & CCTV Upgrade 136,465 1,247 2.627 136.465 873 1,127 (374) (1,500) 1,TTO 2,138 1.770 2,138 {1.078) 2,375 612 23,147 612 20,847 I2,5￿) 7,794 14,24e 11889 {20,098) (2,137) 1,587 12,109 2,108 4,625 11,653 1,979 2.800 (2.900) (500) (5,003) (200) 4.125 6,650 (2,10n 400 23.750 (342) (12,4S2) (82) (1,842) {800) 15,271 195 4,702 900 26,589 113 12.060 100 9,200 10,000 {3,478) 8.522 P49• 36 YMCA Cornwall Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at I April 2022 In¢oming resources Resources Balancé at 31 expended March 2023 Clalre Mllne- StalAIft CCF Upper Sl Levan Boiler Comwall Community Crisis Fund Leonard Laity- Resident Starter Pad15h th• Backpack8rs' H081el al YMCA Cornwall. Appletree House refurblshment Thi$ 9rant was awarded by The Garf*ld Weston Foundallon towards the refurt)Ishmenl ol Applelree House. Comwall IndgP8nd8nt Pov8ty bursarles - Thes8 funds are recetved for Ihe general runnlng cyjsts of provlding aceA)mmodation for the homeless young people of Comwall. Tesco Bags lor Llle fundlng - Funds were received from the Tesco Bags for Llf8 Inlll8llve for th8 provlslon of small items of fumtiure and other household equlpment for Morris Hous8 residents. Page 38 YMCA Cornwall Notes to the Financial Statements for the Year Ended 31 March 2024 CCF Emergency Fund This grant was awarded to cover part-lime salary costs ft)r the fronllln8 hou81ng staff working dlr8cUy wlth the ￿Ung people on slte for 12 months. Morrls House Converslon - Funds were receNed from CRASH charily, Land Charitable Twst, The Sylvia Waddllove Foundalion and The Alb8rt Hunt Trust towards the eonverslon af Morris Hous8 into 20 new flals for youno people. LEoyds Foundation - The grant was awarded lo fund an additional houslng support offit8r to help with incréased ¢ase loan upon Ihe creatlon of the Morris House e£Jnversion. Big Lottery Fund - This arant was awarded to furKI the purchase of an electsic véhlcle to rèplaee Iha diesel minibus that was operated to help the YMCA Cornwall reduce it's cart)on footprint and to Iransport resldents lo events and appoinlménls along with Somé business relaled loumeys. B&Q Foundatlon - Thls grant Is lo herp wllh materfal costs for the final phase of the Morris House conversion project to enable us lo house more residents on $lle. Bertlce lalng Blke Shed - Tlils grant Is lo fvnd a new blke shed for YMCA vlsit¢)r8, Streetsmart Resldent Acllvltles - To fund resldenls events and 8(AiNite8, Including organlsed days out and events on slle. LudgvaTr Church Resident Activlllgs organlsed day8 out and events on slle. To be used on re8ldenl8 events and acllwtss, Induding Land Akl - Grnnt lo fund Appletree building extemal renovations. Shekhlnah W8l¢xffle Packs - Thls gtanl w4$ to provlde welcome pa¢k$ for new re8ldents Jolnlng YMCA. Rotary Club - Funding from the Rotsry Club was to help resldents onslte and those moving on through the cost of livlng ulsis, help ranged from pa￿n9 for carpels for an ex resldents new flat. deposits for re8ideDls moving on, crlsls vouthèrs and act1￿1188. Thé Rotary Club has 81s0 provided funds lor the intern81 refvrblshment of Cherrytree as the bulkllng had been badly neglected by Ihe previous oww8. The funds hav8 bèen spenl on brlnging tlats lo 8 standard In Ilne wilh our other buildings. SW Trust Fund - To fund staff tralnlng In fundralslng deportment. Page 39 YMCA Cornwall Notes to the Financial s.tatements for the Year Ended 31 March 2024 Cornwall Community Cflsls Fund - CCF have provided on golng support to resldents In need of ¢rlsls support vouchers. The funds are usad by the YMCA Cornwall lo purchase Tesco vouchers lo be used on I￿Jd grocerigs and lollelries. Big Lottery WIFI & CCTV Upgrade - FundKig frt)m the Natlon81 Lottery Awards for All scheme was lo upgrade our WI-FI around the buildin9 and Integrate CCTV Into the Same system. Prior to the new WFFI system from Ubiquill we had a number of black spots around Ihe sile which often affected resid8nls flats 8nd Ihelr abitity lo gel a stable connecllon for College work. the new sy8lem offers superfast broadband WpFi for Ihe whole sile. Thls was phas8 one of the prolect and thls year w8 integralad Ubwuiti CCTV carnerns whl¢h wlll impft)ve the quality of recording Includlng sound If needed. Sklplon Buldllng Sodety Résldenls Acllvllles Sklplon Buildlng Soclely hav8 provlded funds kir iesldent activitles whlch includè off sil8 days out along with In house woking and arts dubs plus 8 monthty r6sldenls sodal p12za & pool nlghl. Leonard Laity Resklenl Slarter Packs - The Leonard Lalty Stoale Charitable Tnjst prO￿ded fvndlng lor resldenls slarter pad(s fol essenllals thal many of our Tesidenl do not have wfien they arrlve at the YMCA Cornwall, items indude bedroom furnlshlngs, ¢xxJklng ulenslls and kltchen Items. Clalre Mllne Stslrlift -The Clalre Milne Trust provided us wlth fundlng to install and rnalntaln a slalr Ilfl to our sludlo downstslrs as It vrdS difficult for ￿5110T$ and residents with di8abilits.es to access, CCF Upper St Le￿n Boner - The Comwall Communlly Foundallon pro￿ded fvndlng for a new boller In our admln offl¢e. Quakers Velux Imndows - The grant from the Quakers was lo help towarils Ihe ctssl of repla¢lng the VÈSUX wlndows In our Sludlo 2 room, Tbls ensured that we ￿Uld C￿ntInue lo offer ihe space to local ¢ommunlly groups who u8ed 6t, Percy 811ton- Thg grant enabled us lo purcha8e tèn frtdge-freozers to ensure that recenty renovated flats had good quallty modem appllances. Albert Hunt Trust Iwu$lng staff . Tha grant Is provldad to énable us lo Incrna80 our houslng lelms hours lo offer addhlonal support to resldents wllh complex needs in our cara. Bertlce Lalng Trust flat fvmlshlngs - Some of our rosldents do not have any of Ihelr own fumlture when they arriva al th6 YMCA Comwall. the grnnt from Bertrfce Lalng TNSI trnabled us to pui¢hase good quality ilems de3fgned for use In scenados liké ours. LandAld Velux windows - Tha granl from Ihe LandAld wa8 lo help low&rd8 thé cost of replsdng th8 Velux wlndows In our Sludlo 2 room. Thls ensured that we ￿Uld continua lo offer Ihe spaeA lo local communlly group3 who used11. Rotary hug in a box- These funds were given lo Ihe YMCA C