Company Registration No. P..36854T7 (England and Walès). FYLDE COAST YMCA ANNUAL,REPORT AND FINAN¢IAL STATEMENTS NNlll *AEB14K6AQ' 2610912025 COMPANIES HOUSE A33
105 1
FYLDE COAST YMCA LEG.AL AND ADMINISTRATIVE INFORMATION Trustees C Christou- Chairman A Keenan. Treasurer I Paterson RNNulty A P Haworth A Kirkham R Dawson M Hill {re%igned 171061251 t Pilling (èppointed-23109124) J Dawsori.Gerra'rd (zppointed 231.09124) Charity number ,1074S71 Company number 03685477 comp.any Secretary G Oalrldgè Principal addre*'s .St. Albans'Road St. Ann.¢s Lancashire FY8 IXD Registered office .nit 2, 0.lyrnpic Court 8oardmans Way Whitehills Busines5 Park Blackpool, Lancashire FY4 5GU Auditors Champion Accovntanls LLP Unit 2, Olympic Court Boardmans Way. Whitehills Business Park B13ckpool. Lancashire FY4 5GU Bankepa Nptwe5t 20 Corporation Street Blackpool Fyi IEJ
ONTENTS Page Report of the Trustees, (including the Strategic Report) i-ii iThdepen¢ent Auditors Report 12-14. Stat,ernent.of Financial Attiviiies - parent charity Group st.atement otFinancial Artivitio's Group and,Charity Balanee Shéets 19 Group Cash Flow Staterhent 20 Notes 10 th'e Group Cash Flow. Statement 21 Notes to thé Finèncial Statements 22-37
TRUSTEES,, REPORT (INCLUDING DIRECTORS. REPORT). YEAR ENDED 31 MARCH 2025 The Trustees present thèjr annugf report and congolidated financial statements of the charity and its subsidiary for the year ended 31 March 2025, which are also prepared to.meet the requirements fot a DireÈtors' Report_and accounts fèr Companie.g A£t purposes. The finahc.i31 statements have been".'prepared' in accordance". with the accounting policies.set' out.in rtote I to the ffinancial Statements and.comply with the charily's Memorandurn and Article5 of 'Association, the Companies Act 2006, and "Accounting and R'eporting by tb3rities- gtatement of Recomm'erided Prattice 'applic.able to charities preparing their accounts in accordance with the Fihancial Repo.rting Standard ap.plicatyle In the UK an¢ Republic of Ireland IFRS IQ21". .OBJEcfiuES AND ACTIVITIES The charity's objectives ar.¢- To unite those who, regarding Jesus Christ as their God and. Saviour accOrding.to. the Holy Scriptures, desire to be hi's disciples in thèir faith and in their life. 8hd to associate their Ptfortg for the eXte.hsion of his King.dom. li) fo lead young people to the lord Jesus thrist and to the fullness.of life:ih Him. To provide.or assist" in the provision in the interests of social'welfare of f4eilities fbr recreatlon and other l'èisure time occupation for, men and women with the oF)ject of improvin8 their condition of life. To provide or assist in th'.e ptOVlSlgn' of .education for petsons of 311 ages with thé object OF deTr4elopirfg their Physical, mental or Spiritual capacities, To relieve or assist in the relief of person of all a8es who are in conditions of need, hardship or distress by rea50n of th'eir.social, physical or eèonomic cjrcurnstanc'es. To provide residehtial accommodation for persons of all ages who are in condition5 of need, hards.hip or. distress be reason.of.thei'r. social, physical or economic ctrcumstsnces. iv The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities'the charify should undertake. Wision'statement 'The vlsioD of Fylde Coast YMCA is of cominunities.where all young people can thrive, Mi5slon Statement The mission ofYMCA' Fylde Coast15 to provide young people with relationships and networks so that they can be healthy in mind, bod.y and spirit. Values Dur valu.ts underp.jn the way we act. out behaviours and how we interact with each other. They provide the frarnework ft)r all that we'do, èvéry day.. Our values'are:
FYLDE C,OA.ST YMCA TRUSTEES:.REPORT (INCLUDING DIRECTO.RS. REPORT) YEAR ENDED 31. MARCH 2025
Resp.ect we act réspectfully. giving all those that we interact with due attention and courtesy,.'whilst'understandin8 diffèrences in both, belief5 and op.inions. Trust - wè show trust in o,ur pÈople. expecting that intesrity is. a founding principle that underpii?s our'actions. We encouraEe' people to'admi't mist3ke's an"d1rust each other to find solutions. Inclusivit.y-we believe that everyone should be afforded the same opportunity, re8ardless of gen-der.. agé. race. se¥.uality or. disability.. Service.. we exist to seNe. young people ahd. our communit'ies. We art. committe.d r'o: the 'positive tyenefit of'participation, Ioc35 Ily. an¢.. in the wider world. Compassion - we will recognise thot everyone, at any given polnt in time, is sybject to cltcumstahces either positive or negative, and we will show.ernpathy. toward5 each other: Governance Work to reviei¥the governance structure began a'nd'will be cohcluded. during-251.>fj. The year saw the appointme.nt of two new Irustees as.part of a planned recruitment process.'Candidates are invited to express an interest and are ultimately elected by Iiote of the èxisting trustees.. Fu,rther appointments pre. plahnèd over Ihe next 12 tDonths as we look to add to the t.rustee skill matrix. Key Strategic Prforities .An annual review o,f the 'Gfowing Quality, sfrategy has been carried out. The review determined that, the already identifi2d corporate goals remained valid. These corporate.slrateÉic goals arè listed below,. l. Business Besilience - T¢? develop a financially r(Ibust organisatioh that has effective artd efficient prosseS to support higll.qu3lity delivery. People ~ fo make YMCA Fylde Coast a great place to'work where stiff aré 8iven the chance to develop. 3: Assets- To move towards a financially and environmentslly sustainable propety portfolio that allows for the delivery of our core services. 4, Brand & Communications - To increase the awarenÈ&s and support of YMCA'S.social' good within our own.people and our local communities. The review also identified thé nèed for.more specific director3te'5trdt¢8ic prioritiPS,to be added to the plan dnd therefore objectives.were included under the directorate headings of- Active wellbeing - to move frohi traditional leisure centre management to an active wellbeing. service"which supporLs. a local" System to improve community he.alth. a. Develop a YMCA Active Wellbeing strategy and theory of changè b. Invest in refurbishing'or remodeling our owned centres to support active wellbeihg Housing &'Youth ' to offer a. connected portFolio of programmes that allow young people to lead. healthier. rnore independent lilies. with the roSpur(es needed to thrive and 3 renewod 5en¥e of purpose,. c.onnection and ntrIbUtiOn. o Grow our hou5in8 provision and develop aguiding theory of change
TRUSTEES.: REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 3.1 MARCH 2025 d. D¢vèlop pathw3ys and seivices tb'at give youn8 peoplè t_he.sot.iO.-emotional skills to lead an independent life. Outdoor Educatjon- t(J provide high qyality Outdoor education exp.eriences e. Welcome more children from socially disadvarit3ged tsacksrounds to the site f. Take foTriiard building develoFithent.requirèmentS at South ¢atnp 'Achieve*rients.ahd P.e"rforiyianc¢ In the last, 12. months'the charity has made progress on the strategic dire¢tlon sét out.in 'Growin8. Quality,, We have engage-d staff via s.taff Voicé surveys 2n¢ have invested in an emp.loyee assistance programme.for all staff with more than 12 months service. All staff hBve also been given an M5 office license. allowing them to access organisational. information via t.he Sharepoint portal. The.charity completed'the sale of North Qmp. It YMCA Lakeside, allowinE the repayment of a £3.5m' var.iable rate loan, whilst focusing Its outdoor education services on the. retain¢d.land at South Camp. 'ThÈ sale has not iiripacted ori the fjumberof children that.C3n be served at YMCA Lèkeside, and in¢eed the site had its busiest year fot a. number of years, including welcomin8 children from socially disadvant38ed areas,thanks to the award of HAF'.fundin8. Planning applications have been subrriitted. for the continu¢d develppment of the operation at South Camp. In leisure, a new Active Wellbein8 Suite was opened at YMCA Thornton: consi5tin8 of a range of power 3SSlSted Bym ma(.hines specifically desi8ned for those retuthing. to, exertise. or those whose health. lin)its their ibility to Use a traditional gym. This addition. ha5 also allowed for new members to be referred via health professionals who see the provision as a benefit for those suffering from varioLIs heath conditions. ln Fleetwood, Ihie continue to offer free swimriTring access fot chlldren with an FY7 postcode thanks to lo.cally awarded funding. In Fylde, Kirkham g¥tlis. closed.sinee 2021, was transferred ba¢k to Fylde Council, renlovihg a li.ability from YMCA Fylde Coast byt a15¢ presentihg an Opportunity for .the couiicil to take forward any developmènt of the facilsty. Membership across the portfolio remain5 Strong• Wlth total members amounting to 10,660 with new automated dala dashboards showing that we have a high percentage of active members., The 5UPPOrte'd houslng contract with Lanca5hire County, councll.was re-commissloned though the commissioned bed sp.aces wererèduced. Thi5 wa5 used as an opportunityto re-use spare, bed spaces for afft)rdable accorrinlodatioh in Fleetwood, sup.porting the housln8 pathway ¢0 independent living. External grant tynding in excess of £300.:000' was secured to launch a .new 'MovinB Forward, prograrnme. The programme ultimately aims to reduce homélessness in Fleetwood by working to prevent homelessness and, where that is not p.ossible• Fe¢ure and 5UPPOrt long-terrTT IèDancies for people thoving into their first properties. In 2024125 O Total leisure meinbers stood at 10,660 as of Maich 2025.
FYLDE COAS.T YMCA TRUSTEES, REPORT (INCLUDING DIRECTO.RS REPORT) YEAR ENDED 3.1 MARCH 2025 /" 0.14er lin visits'were. re"cordÈd at our leisure centres O Delivered 51.803 ke.y stage 2 swimm'ing lesson5 and 80.100 after schpol 5wirh lessons / Offered more than 1,000 free swimming memberships to the Fleetwood Cominunity. / Workyd with children referred via schools or heajth professionals to offer over 200 hours of therapeutic support... / Housed 72 young people in our homeless supported accommodation. / Provided 37 people with safe and secure affordable of sotial accommodatlon. O tsave,over 16,ODQ hor$ of 5UPPOrt to formerly homeless.young people: d o.elivered 473 hoyts of counselling to. adulfs, O Deltvered inspiratio.Tral outdoor education pro&ramines.to over 7,000 young people. Ovelall, 2412S Is seen as a success for YMCA Fylde Coast, with uur work bein8 delivered at scale and the financial perforthance béing bettet than budget.and in advance ofthe previous year. Centres of operation Fylde Coast YMCA operates the followin8 facilitres.. Leisure ahd Community Centre5; St.. Annes YMCA.. a large community activity ÈÈntre providing a range of commuDity progtammes and.f itness facilitl'es. * Lytham YMCA: an indoor and outdoor sports facility set within 12.2 acres of land, providing range of fitnpss.facilities William Pickles Playing Fields¥ a 7.5 ècfe site containing fp.otball pitches and a pavilion. The prime purpose of the site is to provide young people with the opportunity to playand develop through football within a quality facility. St..Annes YMCA Pool & Gym= A wet side and dryside centre sltuated on the sea fron.t in St Ahnes- managed on behalf of Fylde ¢ouncil. Thorrtton YMCA Sports Centre- Large dryside sports centre including fitness facilitie5, bowling Iley,'skate park and squash courts'_ Managed on tyèhalf of Wyre Countil. Fleetwood YMCA Sports. Centre: A wet and dryside Centre 51tuated on the sea front in Fleetwood- managed on bEhalf of Wyre Council. Poulton YMCA Fitness Centre, A wet and dryside faality with swirrimihg pool, and fitness facilities- managed on behalf of Wyre Council. Garstang YMCA Sports Centre and Swimming Pool: ProvidesB rangè of activities for the.rural community Wvfe - roanaged on behalf of Wyre Council. Housing.&.Commynity Centre*.
FYLDE COAST YMCA T.RUS.TEES' REPORT (INCLUDING DIRECTORS REPORT) YEAR END,ED 31 MARCH 2025 Lofthoose.Bvilding; Based in central Fleetwood the centre.provides a.ran8p of community space an.d farilitie5. Fielden House.: 1.1 bed'5 of c.ommissio.ned.supported accomniod?'tion lVith 8,units' of affordable accommodation. HarbourHouse: A 12_bed foyer scheme situated in Lytham. 113 Londoh St:.5 bed. einetgency actornffiodatlon 5chem¢. ,Victoria Road, St Annes: 5 self.-conta'ined move on flats. Paterson House", 12 self-contained.move on flats. Qutdoo'r Educatipn Centres: Lakeside Oytdoor.Education Centre.. The Lirgest outdoor education cetitre in Europe. situated on the shores of'Lake.Windermere in the heart of the English Lake District. Wyre Council facilities:. As detailed above, being facilities at Fléetwood: Thornton,. Poylton and Garstang. Local Authority Leisute Contracts The contract for the operation of Wyre Council lèisure facilitiÈs is due to fihish on 3110312026 and the. authority have eriibarked on a procurement exercise to appoint an opÈrator beyond this date., YMCA Fylde Coast has determined ttgt to re-bid for this contract on the basis that the risk associated with the new contract is too great. Income associated with thls tOniact during24125 was £3.122,527. with yearnd position of £19,476. Similarly, the contract for thÈ operation ot 5t Annes Pool, awarded by Fylde touncil is also due to entj on 3110312026 and again, the charity has decided that the opportunity for continuod operations is of too high a risk. Incorne associate.d with this contract during 24125 waF £539,979, with a yearnd position of £3.7.743 loss. The decision not to bid for.this work.will mean that the central support function of the.otganization will need to be reviewed. FINANICAL REVIEW The results.for thè year show a &ur.p.lus of £3.885,999 (2024 deficit of .£468:5191, being a'surplus o.f £3,893597' on unr.estricted funds and a deficit of on restricted funds. o.f'£7,598 relating to: grant5 unspent at the Balance ShRèt date. Thè overall surplts# has been deducted from the fund balanr2s brought forward.arid total furids of £7.74L79'7 {2024: £3,855,799) will be carried forward to next year. The total rertricted funds amount to,£2,436,415 (2024: £2,444.0131 and unrestricted funds ainount to £5,305,382 12024= EI,411.785)- Unrestticfed: funds. include designated funds of £r4il (20:2'4". £226,4.651.
TRUSTEES, REPORT (INCLUDING DIREC.TORS REPORT) YEAR ENDED 3.1 MARCH 2025 Included'.'in the deflcit. are rion-cash. items, eg* d¢preciation"on b_"ilildjn85 purchased in prior ¥e3rs.which do not impacton cashflow. Thé tru"5fees and executive team continue to mohitOrthe"fin"ancial position on a regular basis, to ensure thatt.he various sites are supported'.by. ca5hflo.w. Incotrte has continue-d to grow and the large scale'prÈssyres pn éxPFnditure seen over th¢ last two years havp subsided to:a degree. The overall cash loss is less than was.bud8eted.3nd a.c.tions tak'efi by 'trustees. and the executiye team are continuirtg..t"o show PQSitive.. rè'sults".. The decision'not to bid for the contlnued operations of leisure facilities in Wyre and Fvlde Will have 4 material effect on income ID 25126. Financial, modelling is underway to see how this cart be best managed, though the staff costs will be the largest liability, the vast majority of these costs will be transferred to the incoming operator under TUPE regulations. Nevertheless, it should be recogni5ed that this decision will 'have short term financial consequencÈs" evén if. these conse.quencÈs' cati be mitl89tÈd by the sttong cash posjtion of the charity. Fylde Coast YMCA recognises p055ible corirern relatjng Yo it5.participation in a defined benefit scheme and approp.riate action has been taken. The scheme was closed'to new members in 2007, and the link to final salary broken in 2011. Addit,ional contributions continue to be made to reduce the deficlt. As part of the YMCA federation thè thulti-employer pension scheme is run by an indepÈrtdent Trustèe board with employer representtIon Ihrou8h the Principal Employer, National touncil of YMCAS. The pe'nsion. scheme Trustee obtains an actuarial valuation every three years arid we'have considered th.e impllcations to the charity's firianreS from the latest available a¢tyarial valv4tion. Wp have reviqwed the chatity.'s abilitv to continue to deliver its chèritable objertives and include the deficit repayments. Fylde Coast YMCA benefits from the pension scheme Trustée and Principal Employer sÈekihg suitable specialist professional advice, both to manè'Be the schemè and in,'the continuing effort to explore'ways of reducing the overall pension deficit. The notes to the accounts include the.3¢countin8 policy and further details of the deficit repayments due. Investment Policv The policy states, that all reserves up to the level indicated in ¢he reserve policy are to be held in accounts that provide immediate acSS but achieve the highest iovestment levels. Any resèrves a.bove this level are to be invested on the advice of professional advisors. The Association will use a variety of sources for advice, with the princ!p31 advisor being the Charities Aid Foundation: The Memorandurri of the Association states thatthe company has the quthority.. la) °To inve5t.the..monies of the Association, security or property a5 may bp thought fiy, (b} Y.0 delegate to any pet&on. company or other organisatlon any of the Association's power5 of investment, administration or manaFement of all ,or p4rt of the. rDoney and investments of the Assoctation Reserve Policy The re5Èrve policy of the Association 1> that unresttitted funds, which havé not been d.¢signated for a specific use, should be mairrtained ata level equivalent to.'three.month'$ Salary costs.
PLANS FOR FUTURE PERIODS Fylde Coast YMCA'S b14ns for'the ftsture. short to. rhèdiurii term are get out ih the Growing Quality strategy. Over the course of th¢ next 12 months, the.following action5 will be taken forward- Investment in furth'ering ourartive.wellbèlng offer from.st Ahnés and.Lythain sites. Award ,o.f contracts for first stage dèveloprhent at YMCA IAkesidé. Review and actionl linked to oursocial ho.using stock, in accordance with our housing arnbitiohs. Updating of,the chariws Articles of Assoelation: Management of the handovei of leisure contratts. STRURE AND GOiIERNANCE Direclors and Trustees The Directors of the. tharitable company. (the ch4rity) are.ils Trustees for the purp95¢ of charity law. 'TheTrustees who served during th¢ year weiÈ'. Mr C Christou MrA KÈenan Chairthari Treasuror MrA Kirkham MS C Piling Mr I Paterson Mrs J Dawson Gerrard Mr M Hill Mr R Daw50n rRNulty Resigned June 25 Mr Goatridge Chief Executive and. Company Secretary The charity 15 a company limited b'¥'8uar3ntee. None of the Directors have any. beneftcidl interest ID the company and guarantee to contribute £1 In the event of a winding up. Goverrting Document: YMCA Fylde Coast is a company limited by guarantee and was formed on 17 'DecÈmber 1998. The Cowpany 15 gov¢ined by its Memorandum :.and Article5 of Association as approijed. by the Board of Directors.in Decembèr 1998: th Appoihtment o! Trustees
As s_et out in the Articles of Association, three. trusteés are.elected aririually by the, meYnber:s of the haritable, company attending the Annual G¢nerai Meoting aDd see fora period of three years. T.rustee Induction and Training All new trustees under£0 an induction.programme.They are provided with a wèlcome pack. outlinirtg the history. eth95 and.strycture of thé YMCA. In additi(in. tfrié'pack'p.royidès information on.a trustee's responsibilitie5,and relèvant documentation to the operatjon of the 4ssociation. .Or8anisatjon The board has 9 members. They. meet 5 times a year and there are sub ¢0imIttees coverirtg the association's ar.ea5 of.work 35 well as a finance'and st?ff!ng committ.ee'. Related Parties p.he Tr.ust¢e has #n a8reed bu5ines5 contrdct with YMCA Fylde Coast from which income canbe derived. This relates to the sale of advertisin8 space within the leisure centrÈ5. This was prppDsed and agre.ed at a recorded Board meeting., There is no direct financial transaction between YMCA Fylde C035t. the t'rustée. Or the 6u5iness the'y represent.. No other trustees receive remuner.ation or otber benefit from their work. with the charity. Any connection between a Trustee and an einploy.ee. of the charity must be disclosed to th'è. full Board of Trustee* in the Same way as any other contractuèl reliripnship with a telated party. Partners & Statutbry Agencies" The YMCA h'as furthér developed Its CO-op.efatiot) and 'pJrtner5hip with statutory agencies in the delivery of services: Over the past y.ear we have worked wtth Wyre Council, Fylde Council, Lancashiré tounty Council, The ASA, Lantashirè FA,. Sport England, Lake District National Park Authprltyi National Lottery Comthuhity Fund, Cadertt, The Lofthouse Family: YMCA England & Wales, AXA. tslackpool..Football Club, Places forPeople. Representatioh n committees: Tha staff of the AssDciation' are members of a variety of ne.twork 8roups and committees in areas velèvant to the core services of YMCA Fylde Coast. Trading Coinp.any: Fylde'Coa5t YMCA haF a trading.company called "F¥lde Coast YMCA Trading Limited" The prime purpose of the company Is to. undertake the trading activities of the.Association. The Association works closely with one other charity, YMCA Trust which owns the sites."at.St.ADn'es. Lytharn, Kirkham, L3ke5ide, and the William Pickles pliying field: In additson, the charity owns nymerous propertie5 in Fylde and Wyre Boroughs. Fylde toast YMCA. fftènages these sites and propertles on behalf of the charity. Pay policy for senior staff The Directors considerthe Boar.d of Directors, who are the Trustees, ahd the séniormanagementteam t.o be the key rriarjagementperlonnel of thecharity ih charge of directing and.controlling, running.and operating the charity on a d'ay to day basis. All Tru5tees.give' of their time freely and 'no Trustee
FYLDE COAST YMCA YEAR ENDED 3.1 MARC.H 2025 received. remuneration in the year. Details of.Triistee's' exp"enses and.,"rElated p.arty transactions-ate disclosèd'irl"tbe.ootes to the actount5. The. pay pf the 5eniorstaff is reviewedannually. Employees Employees"are involved in matters concerning them in.a variety of.way.51 ransing froFn loc31ised team meetings through to company-wrde Working gro.ups. The O produces'rèsular CEO update5, which includes relevant corpo'rate informalioh al well as celebrating staff a.'¢hieve'rtl'ehl and the imp8.ct our seFvices have On commljnities and youn8 people. A Ny Voice, project has been introduce¢.. to increased staff engag,emen'.t. Disabled employees Fylde C03St YMCA. 15 comfnitted to achieving a working environment.whlch provides equality or ppportunity. and freedom. from nIaWfUl discrimination on the grounds of race.. sex, p.regnancy aDd maternity, marital or civil pBrtner5hip status: gender rea5518nment,'disability, religion or beliefs, age of sexual orientation. An Equality & Diversity policy has been actively adopted that aims to remove ynfair and discr iminatory practices within.the orgahi5ation and to entourdge fyll contribution from its diverse community. Fy.Ide Coast'YMCA is committed to actively opposing all forms of discrimination. The YMCA ilso airhs to provide a 5eNic¢ that does not dlscrimlnate against its stakeholders in the means by whic.h they can access serv,icès and goods suQplied by the. orgahjsation and that all employees and clients are erttitled to be.treated with.respect and dignity. The poliry commits the,YMCA to make r.easonable adjustments to facilitate the emplo.yment. of , disabled person. in¢luding: Making adjustments to premises Iwher,e reasonably practical}. Re-allocatirbg some or all of the disabled employee's dvties. TransferrinF. a disabled employee to a role better suited to their disability. Giving a disabled employee time off .wurk for medical treatment'or rehèbilltation. Reloc3tin8 a disabled employee to a more suitable office. Providing training or mentoring for a disabled employee. Supplying of modifying equipmenL instr-uct.ion and training manuals fordisabled empjoyees; or Any other adjustments that Fyldè Coast YMCA considers reasonable and necessary to provide such adjustments withih th'e fingn¢ial means of the organisation. Risk Management The£Jrganisation has live risk register5 that are updated regularly and gre reviewed by Trustees at eaGh board meeting. The reg'isters'follow guidance set out by the tharity Commission- In addition, each
FYLD.E COAST YMCA TRUSTEES, REPORT (INCLUDING DIRE¢TO.RS REPORT) YEAR ENDED. 3.1 MARCH 2025 operational directorate carr.i'es its own risk. register which is managed by..the" senior Managèm'ent Team and is uPdated.regularly, A's it stands. the main risks remain financial. However,: the'position remains'po'sitive aod'providès a good base to grow .the.. charlties impact. Artive rpanagement o'f the various income. sour.ces will continue to ensurethat sufficientworKing capital.isavailable to the charityand its subsidiarycompany. ,Tr.u5tees'..r.esponsibjlities in relation to the financial statéinehts The charity trustees Iwho. are also the directors of th&Fylde Coèst YMCA forthe purposes of c¥hlpan¥ lawl. are responsible.for pr.eparing a Trustee's report an'd 'the accounts in i.ccordan¢e with" applicable" law and vni.ted Kingdom At<ouhtihg Standards {United' Kingdom Generally Accepted Accountin6 Practice). Company law requitèg thè charity truslees to prepare finahcial statemenfs for each year which give true and fair view of the state of affairs ofthe charitable cothpany, and the group ahd of the incOmin8 resources and application of resources, including the jncDme and expenditure. of the charitable 8roup for that p.eriod. In r5*¢p3ring thpse accounts, the trustees are required to: Select Sultable accounting policies and then applv them ¢onsistehtly- Obselve the methods ani# principles ih the Charities SQRP. Make jud8ements and estimates that are rea50nable.and prudènt; State whether applicable UK Accounting Standards have been f911owed, subject to any materi31 departures disclosed and explained in the fi'nancial statements and,. Prepare the account? on the goin8 concern basis unless it is inappropriate to:presvme that the charity will continue In business. The trustee5 are responsible for keepin8 Propèr accouhting reoords that distlose wittry reasonabl¢ accuracy pt any tirne the financial position of the charity and to enable them to ensure that the rinancial itatements comply with the Companies Act 2006. They are also rèsponsible for safeguard'ing the assets of the charity and'the group and hehce taklrig reasonable step5 tor the pre.Verytion and detection of friud and other irreEularities. The trustees are responsible for the rhaintenance arid integrity of torporate and financial information included ori the charitable c¢mpattVs website, Auditor The auditors, Champion Accountants tip, are deemed to tye reappointed under Se¢tion 48712) of the Companies Act 2006. Statement of disclosure to auditor5 E3ch of the trustee¥ has cohfirmed. that there is ho'Snform3tion of which they are. aware; which is relevantto the audit, but of which the group s auditors are. unaware: They have furth.er confir.hied that they hBve taken appropriate steps to identify sucb. televant information arid to establish that the group auditors are aiware of such information.
FYLDE COAST YMCA TRUSTEES. REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2025 On behalf of the board of Trustee5 C Christou Chairman Dated: 23rd September 2025 11
FYLDE COAST YMCA INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FfLbE COAST YhlCA Opinlon We have 3udited,.the fin4ncial'..stateo)ent$ of F"ylde Coast.YMCA (the'parent chariW} and its.subsjdiary'.Ithe. 'g'roup'l for the yea'r'ended 31. Mafch.2025", which" comprise the consolidatèd artd parent charity'Sfa"tethentof financial activilies.'the consolidaied and parent'cornpah'y balance sheÈf..the.cOhso!id>fed 5t3tenleht of cash. flows. and notes to the financial sl_aterrients, including significant accounting poljcies. The f,It)ancial reporting fr3mework.that has been applied in their prepaiatlon is"appllcable law ond:United Kingdom Ac£ounting 5tandar"d51 ih'cliidlng FRS 102 Th"e Finonciol Reporting Stondordupplicoble.'in th'e Uk. ond'RepLibiie of Irelond. Iunited Kingdotrri'GeneTall¥'P4Ctepted Accourttirig PrdCtic"Èl.. in our Opiriiori the.financlal statemehts.. kive 4 tnJe and fair vie%ii of th¢. stste.of the 8rèup'5.and the'paf.ent.charirable company's aff¥irs as".at ai March 2P25 and of the Br¢iup's.incoffling r.esources anil.ap'Filicatlon of resourc¥. l¢ir the.ye4r, tliery ended- h.ave bèen pioperly prepared'in accordance with United Kingdom Geherally Accepted Accouhting -Èr?¢tlEe; and have been properly Prepared In 3ccordan¢e wilh rhe requiremonts.of ihe Comp?nie&-Act 2006... asls'of oplnlon We ¢oNducted our audit in acfordancp with Intornatig.nJl standards on Auditins IUKI,IISA5'UKII and appllcable law. Our responsi6ililies under those 51ahdard% are further described in the Auditor's respoDsibilities for the audit of th¢.finaricial staiements.section of our'report. We are indep'ettdent of the 8roup ahd Parent iharity In accofdance with the ethical requiiemen'ts. that a relevant t'o our.'audit of the linancigl sraterrients in thè UK. including the FRCIS Ethlcal Standard, gnd we h'ave fulfilled our othlcal responslblli(les In accordance wirh these. requiremen15.. We believe that the èudit evidence we.. have obtairièdis'sufficiènt artd appropriate.to provide.a b•sis tor our oplnlon. Conclusions relatini to golnq concèrn In auditing the finarsclal statementS'..k¥e have ¢oncluded that the.,trus¢èes' use of the goiril concern basls of accounting in the preparatign oF'th¢ financial.statemen15 bs appropri¥ie. 8ased ori the Work we have pertor.rned,. we have npt Identlflè'd any. inatÉrial uncertblntle&relJtln8 to events ot conditionr thaL indivi4lvally or collcctiiiely. moy 4ignificq.nt doubi.on th'e 8fciUP and chai'ity's'abilil¥ ti> contlnuE a*'a'goln8 concern for J period of at least twelve fféonth's from when the finanElal statements.are. vthorised for issue. Qur Tespon5ibilitfps and.the.te5ponsibilities of 'the.trust¢es with respectto 8oini conceffl are (lescribed in the levant5ection5 of this report. Other infofmatlo.n" .Thé other information comprises thE Inlormailon included In the annual report, otherthan the financial statements and'ouf.guditoVs rèport therepn. The trvsiÈes are Tèsp.onsible fortF>è Other infDrm3tiOn.contained wlrhin ihe annual report. Our..opiDibn on'.thc firiDnci)15tatements. does.pot tover'the.other,. inforrnatioh ai)d pJcept to the"thent oth"erwi5e explicitly stated in our repo. ¢ we do.not express.'gnyform of assurance conclu51on iher¢on. 0r responsbility'is.to read the other In'ftsrtriation and. lri,doirtg so, cbngider whetherthe Other'inforatIOD 15 rnat"erially inoorisistèntvrith'the financial sta'tements_orour knowledge.obtairied ilt'the. course of,.the audit or'otherwise.appe?rs to.be materially misstated. If'we identify Such material incoThsistenciès.or'appant.rr•aterial misstatements we.are reluired to determine whèth'er this"Èivesiise to a .'material mi&Statemer41 In the.finafiri¥l st8tèrrténts'theinsdves. If. b¥ed on'the work. pèrformed'.we'conclude' .that.thefe.iS3"material mis¢?tenTent of this other information. we a required to.report that fact.. We have nothifigto reporl In thbs regard.
FYLDE COAST YMCA INDEPENDENT AUDITORS. REPORT {CQNTINUED) TO THE TIiVSTEES OF FYLDE C.OASTYMCA Opinion ori other Matters F>res¢ribed by the'conipanles Act. 2006 lrt our opinion based Ctn the work'undertaken in the course otour audit: tht inforination'givwi'in the Trustees, Re"PotL iiih.ich includes the diretiors, report and th.e strategÉc re'port prepared'lor the ptsrposes of comp.any law, lor the flnanclal yeaF for wbi(h the financi41 statemen.ts are preparod 15 consistent'wit'h the f.inancial stèterrients; an'd the ditertors, report and'5tr3te8ic rep.ort Inc.luded wlthin the Trustees'.RepOrt'have been prepared lfj cordahce lilith èp"plicable legal requirerrnts. Maryet5 p.n WhSch wèare requlred to report.by emceptlon In the light of rh"e knLlwledge and'underst3ridin8'.of' th.¢ group."and pèrent charity and its environniRnt obtainèd in the course ol the audits we have not identifled material mi5Stitements iry Ihe directors ie'port or.stfate#i('r.èport Included in ihe Trstee5, Report. We hève.nothing to report In respert ol.the following matter5 In relation to whlth th¢ Companiel AGt 2006 re9uire5 U5 to report..to you if, in Ouf'opinion= adequgte a(countinÉ records.h?ve not'been kept by thé parent tharity. pt f¢iurhs 34equatt' fèr our audit have not been received From branches not visited by us-..or the parént charity"financial stateinents 3re not in agreement Viith the accounting records and return5,'or c'ertain dlsclp.>ure5 of truStees' r¢murieration'sp.ecif*ed by law gle not made.. or we have not received. all the inf0rn4ation and explanètions we require for'our aydit. Responslbillt'ies of truslee5'. AS explained. more.fiJlly in the statement of.trvstees'.'responsibilities. the trU5tee5, wbo are.'è1s0 tbe djre¢tQrs cif. Ihe 8toup a,nd' parent th"arlty for the purp.ose of company law. are re5pon5ible fot..the pieparatlon of The flnanclil taterrientS and for being.sati51ied that théy. k.ive a true and fair v jew, artd. for Such internal Control as the trbsteÈ'S determine is. ne(ary to Ènable the preparètion.of15nancial ststements thai are.free from material inisstaten?eh¢ wheth"erdue lo fraud or èrror. In prèpar.ing the fihancièl Statements. the'trustees are responsible for assessing the group and p.?reot' charity's abllity to continue as a going cpncern:. disdosiril as a'pplicable.. ffkatters relatin8 to $olng conrern and usin8 the 8oin8 concern bas15 of accounting unle55 the trustees either'lntend to liquldate the charitable company or to cease operations, or haiie no teallstic èlterrfatNe'bJt to.do'sO. Au4itors' responsibllitle5.foT thè audSt of tle finonci&l statemen Oiir objectives are."to obtain ieasonèble.a55urance aboutwhether ihe financial statements'?5 a whole"Ire Iree from material misgtalemeht,. wh'ethet due to fraud or èrror, and to'issue an èudltof's reportthat includes our opinlon. R¢asonable a55urance is 3 hlgh level of assurance, b.ut is not a guarantèe.that Sn ètsdil co.ndycted in accordante with ISAS IUKI. will always detert a material misstatement when it lSts. Misstitemerbts #fi5e "from fraud or error and.ère CDn51dEred materièl it,.Ihdividually or In the ¥ggre8at4 they could reasonably be expected tp infwence the econoriilc decision5.of user5 tsken ori th.e ba515 of thèsef!haDcial stateiiients". "Irregularities, including fraud.,are"'iri5tsnces of non-cornpliari with laws and regulations.. We design procedure5 in Ilne viith our re5ponsrbllltles, oytlined above, to detect.materlèl.rriisstgtements.in re5pert'of.irregularit5es, including f.raud. The extent to which our procedufe5 are capable of detect.ing irregularities. incluKliDg frau is. detalled below. As..part of ourplanning prcicess- .we enqulred'of man3geiiient.th""e systems and:controls thecO"rriPany and'grtiup ha's in'plare, th'e_areas of 'the.financ4al ststements t.hat are most'.SU5ceptible.to. the risk.of Irregularitie5 and fraud, andwhether there was any. known, suspected or alleged fraud. ManaÈethent did ncit info'Tn7"us of any known.. su5perted.or alleged fraud.
FYLDE COAST YMCA INDEPENDENT AUDITORS, REPORT (CONTINUED) TO THE TRUSTEES OF FYLDE COAST YMCA we obtained an understanding of the legal and regulatory frameworks applicable to the company and group. We determined that the following were most relevant.. Charities SORP IFRS1021 and Companies Aa 2006. we considered the incentive5 and opportunities that exist in the company and group, includin8 the extent of rnanagement bias, which present a potential for irregularities and fraud to be perpetrated, and tailored our risk assessment accordingly. usin8 our knowledge of the group company. tO8ether with the discu55ions held with manègernent al the planning stage, we formed a conclusion on the risk of misstatement due to irregularities including fraud, and tailored our procedures according to this risk assessment. The key procedures we undertook to detect irregularities includin8 fraud durlng the course of the audit included- identifyin8 and testing journal entries In the overall accounting records, in particular those that were Si8nificant and unu5U31. reviewing the financial statement disclosures and determining whether accountin8 policies have been appropriately applied. reviewlng and challenging the assumptions and judgements used by management in their significant accounting estimate5. In particular in relation to depreciation, leasehold property valuation nd restricled funds. assessin8 the extent of compliance with the relevant laws and regulations. testing key revenue streams, in particular ctst-off and recoverability for evidence of management bias. obtainin8 third party confirrnation of material bank balance5 and loans. documentin8 and verlfying all significant related party transactions and balances. There are inherent limitations in our audit procedure5 descrlbed above. The more removed that laws and re8ulations are from finantlal transactions, the less likely it is that we would become aware of non.compliance. Auditin8 Standards also limit the audit procedures required to identify non-compliance with laws and re8ulation5 to enquiry of the directors and other management. and the inspection of re8ulatory ènd le8al correspondence. Material-misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. http'.//www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use ol our report This report is rnade solely to the charitable company's members. as a body* in accordance with Chapter 3 of Part 16 of the Companles Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to State to them in an auditors. report and for no other purpose. To the fullest extent permitted by law, we do not actept or assume responsibility to anyone other than the charitable company and the charitable company's members as a bodyi for our audit work, for this report, or for the opinions we have formed. Deborah Thorn FCA Isenior Statutory Auditor) for and on behalf of Champion Accountants LLP Chartered Accountants and Statutory Auditor Unit 2 Olympic Court Boardmans Way Whitehills Business Park Blackpool, Lancashire FY4 5GU Date- 23rd September 2025 14
FYLDE COASTYMCA STATEMENT4)F' FINAfrICIAL ACTIVITIES FOR TIIE YEAR ENDED 31 MARCH 2025 CuFrtnt.financial y.ear Re5trjcied Income FndS Uftrestriefed Furids T0ts7 2025 TDtsI 2024 Notes Incoming resources Incoming'resourcds from generated funds:. .Voiuntary income.. Donations arid legactes. ACtiviriBs'lor 8enerat'in¥funds'. Cgnteen sales. Insurance clalms Invesiment income 67,987 25.84.3 .93.830 130.019 .36.827 13.929 36.827 13.929 J9.069'. 163,655 18,09? 18.36S 217.863 157,8 J2 25.841 Incoming re¥0reeS from charitsble activiti•¥: Activity centres. community.faciliti¢s Social hoii%ing 7,196,517 234,898 7J6,443 24A,631 73.464 7.441,148 308.162 781,002 .52f.264 283.564 1.079.0¢9 8.325,670 4,286,9b6 .388.497 8.714.167 4.28fj.986 a.101,760 Oth?r Income Totsl Incomin9 r•8OUf¢•$ 12.612,6S6 388.497 13,001.153 Th760 rtesoufces ex ended .Costs ol gn•ratin9 fv'nd$.' Equlpment for resale 36.501 37,377 Sub lot81 cosl of.generallng lund$ 36b501 36,50 Charitsblo.activities 8,686,786 396,095 9.082,881 8,549.813 Goveroance costs 1A,900 8,7.01.686 .14,900 13.350 ,563.161 T,ptal 50ree5 expended Net incoming'lloutgoingl ie$ource5 for thè year bofoT• tr¥n$fe 8.738,187 396.t)95 9,134.282 8,600.538 3.874,469 17.598) 3,866.871 (498,7781 TraThsfer5 betWeeD funds. 3,874.469 Other recogn15ed gain5.vnd losses Pension deficlt (Ios511gain re ch?n8es'in a55MptIOn> (2,5491 {2.5491 ILossesl/gains on inveslrnents 26';236 26",236" 24,266 Nèt incomel{expenditurel forth ygarlNet movemeht In ftsnds 3,89B.156 (T.5981 3.890.5$8 148è,5fj71 Fund balantes at l Apri12024 1,411,786 2,444.013 3,355.799 4.324.318 Fund balanc•s 81.31 Mp'rch 202$ 5,309.942 2.436.415 7.746,357 3,855.799. The5tateriient of financlpl actlvitles lricludes all galns and losses rÈcogni5ed in the year..All income and expendiiure derive from continuirt8.acSiwtSes',. The staiemerit.L)f fin3ncial activitie5 also complles with.the.rFgylrernents for an income and expenditure account under the Comp4nies.Act?006.
FYLDE C.OAST YMCA 'STATEMENT O'F FlblANCIAL ACTIVITIES ICONTINUED) FOR THE YE4B,. ENDED 3I.MARCH. 2025 Prior finarcial year 31.March 2Q24 Restrlcted Income Fun4s Unrestricted Funds 2024 Incoming resources ..Incoming Y450urc•s from g•neTited funds: Voluntsry in(xsme' Donations and le&a¢ies Activities f.or£eiterating fv'rids.. C3nteen sales InSUfance.claims InvestmEnt.hncome 115.019. 15,OQO 13Q,019 .51,382 18,097 18,365 202,863 51,382. IB.097 1a,36S 217.863 15,000 IDcoTning re¥ources"froffl charitable activities=. Activity ceritres Community tsciliti¢s Social housing 6.1Ys,671 206.836 1,Q47.692 32S.S93 6.$21.264 283,564 '1.079.069" 7,653.062. 448.698 ,101.760 Other Income Tolal incoming resource& esources ey end•d' Costs of.genprating fvhds: .Eguipment for resale Stjb lol¥l cost ol genefèting'lunds 7,653.062 448,698 8,101,760 37,377. 37.377 37,377 Charliable ¥¢tl¥ltl•3 8,022,369 627.442 8 $49,911 Govèm#nce costs 13..3SO 8.563.161 8,035,7 527,442 To1 resources Èxpendd 8.07.3.096 'B.600.S38 Net in¢ominglloutgoirig1 resources for th• year"b¢for• ir•nsfers 1420.0341 170,744}. 1498,7781. Transfefs betweèn tLJnds' 420,034 178,744) 498,7781 Othèr recoEpise41 gain5 and losses Pension deficit gèln re ch'a'nges inAssuinptiOns S,995 5.99S Galns on investments 24.26& Nel incom•llexponditurej for th¥ yearJNet mc•vemÈnt in.funds {389.773) {78,74dj 1468,517) Fund balances at l.Aprll.2021 1.801,559 2.522,757 4,324.316 Fund bJlanc•s at JI March 2024 16 1,411.786 3.855,799 The statementof financial artivities includes all gainsand losses..recoghised In the year. All'inconie and exp'enditure"derive from continuing artiv.ities. The strteinent of fin3rla1 actiKiities a150 tt)thplies with the requirèmentsfbr an income aryd expenditu aC£OLrnt undèt the Companie5 Att 2006. 16
FYLDE COAgT YIIqCA. GROUP STATEMENT OF FINANCIAL ACTlilItIES FOR THE'YEAR FNDED'31 MARCH 2025 UFrenl firi•nrl31 ye¥ Restrlcled Income Unrnstrlcted Funds Yotal .2026 Tolal 2V24. Notts .Incomlng. iso¥rc•s 'Incomingf•sourE•¥ Irorn 9èneraled funds- volunts.ry fflcorne". O(Jnatsohs.iThd le8ècie& Activlties,foi Kenerating furidl,.. Cantetn sales In5tsrarfèldaims Trading in(ome: LakeFlde Commerclal Incom• Artsdell arèna R¢nl rè1Vable Investment lrtcotrne. 84.294 .36.'827 51,382 13.929 204,OY8 204.078 333.331 (1.921) 3.093 2.380 41.994 359.659 41,994 385.502 25.543 . 18,079.. In¢omlng'r•sourc•s Ifom ch•rltsblo.•'¢¢ivlllu: tLvIty cenires Community'hcilides 5oclal housln8 7.196'.517 234,890 736,443 244.631 7,441.148 308.J62 781,002 6.521.264 .283..564 1-.979,069 8.527..517 4.286.98'6 380.497 8,916.014. 4.28F.986 .4DI.976. oihtr In¢ome Tot41 Incomlng r•8OllfC•II 11814.SO3" 3P8,497 13,203,01)0 .8,401.976. rc s.•x Costs ol generntlng lunds.. Cost of sales. Yfadinttrosts. 50.765. 187.192 50.'76S 1&1. 192 62.88S' .271,710 &Jts iolal"¢oyl of gn8r8llog.fund5 2J7,957 247,9S7 334.595. Charltablo •¢tlvltlg$ *.686,7B6 396.'095 9.081881 ,549.811 GoV•rnanc•.cts. 19.85U 1,706.6J6 19.850 .102,731 '1B,3S0 8,566,161 396,Q9S Total restiuf¢?S eXPB.nded 8,944,593 396.09S 9,340,688. 8,.900.7$8. Net lrtcomlnglloulgoing) resour¢ for year beYor• Iran51er5 and iaxauon 3,869.910 (7,5981 3.86lJ12. {498:?bo). Tran5fer5 between fvrids 3.869.910 17.5981 J,862.312 {498,7801 Other.retogni5Èd gains and losses Penslon Ideficitl l&aln re.chan#e In assumptiDn5 (2.5491 {2.S49) 5,995 ILossesV8alw on.'Inve5trhents 28.236 24.266 N•t ineomell•xpondilurpl Ivr lh• yearlNel nlovement In funds. 3.893.597 I?9B) 3.885,999. .1468.$19) Fund balantes at l Apsil X124 1N11,785 2W.013 .3..8SS.798 4.824.316 Fund balanc•¥ at 31 March 2025. ifi 5,305.382. 2,416.4 . 7"741.79.7. 97 Thé st4teth'eTrt.of tlnandatactityes lnciusle5.all gains and losses re¢o4A¢sÈd in.the year. All income and expenditurè dÈfivè from cootinibireactivities. The sratsment.of firiancial.activityes3lso.(ornpliES.Wlth the rtquifementsfor an In¢iime and exp.enditu £count urjder the Compai)ies.Act 2006. 17
FYLDE COAST YMtA GROUP STATEMEWT OF FINANCIA ACT.IVITIES ICONTINUEO) FOR ThE YEAR ENDEO. JI MARCII 2025 Prlor finanLtsI 11 31 Marth 2OZ4 R•$tri¢ied. Income. Funds Llnre5tricled fotsi .a024 Noi IncDming resourGes.. ID¢oming rsources 9nÈraied funds: Volunlary.ih'coma". Don31ions knd legaties Acbvlties foc"Eenerat>ng funds: Qnteen.gles Insurance Ilaims. Trét1in8 income: Lakesidè'CoinrnèrciS1 Income An5¢ell Jiona Rent receivable .Investmtnt income. 1500. 94,246 51.382 18.097 51,382 18.097 333.'331 11.9201. 3.093 19.8S1 503,080 .3YJ,331 11.9201 3,09J 19,9S1 18.D80 1&000 Incomlng f80urc¥ Irofft ch•ril•b actlvltl85.' Aciivlty centres CommtsnS(y'facllitles Sotial hou5in8' 6,195,671. 206.836 1.047.692 325,$53 6.S21,264 283.564 1'.679.069 0,401,977 7,P5J.Z79 4U.698 Other in¢omè. CDronlrusJ(Ib ketpniion S(hème Total In¢omln9 t#sourc 7.953,279 69B ' ,401,977 Costs vl 9onerntin9 C05t of sales Tiadln¢c95t5 und$: 271.710 21..710 Stsb loTal ¢ost of generzliry funds .334,595 334.59S ¢harilabl• aclivltles .$.oa2'369 $27.442 8.649.811 Gov•m•ftee eosts 16,350 8.038,719 16,3S0 8.566,161 527,447. Toial rtsourcp5.*xpénded .J73.314. 527.442 900.7S6 Net lncomlnsllout9gln91 r¢soureu for Iht year belore transfers taxatlon 14i20..03SI" 178.7441 1498.779) Transfers between fund5 Taniion 420,0351 Oth'errero8nised galhs and Iiisses. Penslon delcit8Jin re chai)ge In.assumpiioni 5.99$ 6.ags GaSDs on iniiesunénts 24.266 'Net Incownellexpenditurel'for the ye3rlliet movemgnt in fvnds" 1389,774} 178.7441 1468.6181. Fynbj balancesat i..Apn12023' 1,801.,558 2.521.757. 4..324.316. Furtd balances af31 Mateh 2024 16 1.411,785. 3,855.798 'The ststemènt of Ilnanctsl Actlvities indudes all 8alns and lossès rtcoanlsed io the year. All'incomÈ . and exPe0d[w derNÈ hbm £gntinulng.aCty¥"liie& The statemtnt of hnanual'actlwUe>31so tomplies with thÈ r¥quirerrierits for an incomt-?nd expenditure atttyjntunder the C.ompaniesAct 200.6.
FYLDE COAST YMCA GROUP & CHARITY BALANCE SHEET AS AT31 MARCH 2025 Charity Group 2025 2024 2025 2024 Notes Flxed Assets Tangible assets Investrnents 11 6.231,811 6,353,758 66,439 6,231,811 6,359,450 66.439 6.231,812 6,420,197 6,231,811 6.425,889 Current assets Investments Debtors.. amounts falling due within one year Cash at bank and in hand 776,594 776,593 12 1.404,785 2,307,517 1,371,128 1,442,604 855,932 2.345,960 1,334,251 900,851 3,712,302 54 3,788,564 3,00 3,011,695 Creditors". Amounts falling due within one year 13 2,088,252 2,103,520 2,169.073 2,117,254 Net current assets Total assets less current liabilities Creditors: Amount5 falling due over one year Provlslon for liabllltles Pension liability 1,624,050 7.855,862 900.134 1.619,491 7,320,331 7,851,302 894,441 7,320,331 14 93,334 3,441,090 93.334 3,441,090 19 16,171 23,442 16,171 23,442 Net assets 7,746,357 3,855,799 7,741.797 3,855,799 Restricted funds Unrestricted funds Designated fund 16 and 17 2,436,415 16 and 17 S,309,942 16 and 17 2.444.013 2.436,415 1,185,321 5,305,382 226,465 2,444,013 1,185,321 226,465 Total charity funds 7.746,357 3,855.799 7,741.797 3,855,799 The financi statements were approved by the Trustees on 23 September 2025 Chri Trustee Fylde Coast YMCA Company Registratlon No.03685477 19
FYLDF.COAST YMCA GROUP ChSH FLOW STATEMENT AS AT 31 MARtH 2025 '.Pag• 202S' 2024. Cash flows from operating actsvities. Cash genernttd operations 276,671 273,207 Investing activities ititeiesl.received Purchase of lan9ible hxed assets Proceeds of sale.of fixed assels Proceeds of sale.of investments Ihleres.I paid 19.851 iaO,461) 1171.6441 4.033.907 878.102 {172.7951 25.0>9 {267.09Ql 4,609.594 (Z42,$2t) F jnancing aetivities Repaymenl. of hire purchase Repayment of 8ank loan$ 14.4581 1237.357> (3,441,156) ,Netta"$h kjsed in Inv.estlng.a¢tsy.Itle$ {3,441,156). (241,815) N8t ¢ecreas"¢ in.cash and.tash eqUlv?lents 1.445.109 (211.229) Caslj and cashtqulvalents at beginning of'ye¥ 900,851 1,112,080 Cash and cash equivalenls:at.end of'.year 2,345,960 900,851 20
FY.LDE COAST YMCA.
NOTES TO THE.GROUP CASH FLOW STATEMENT
ASAT31 IWARC.H 2025
Reconciliation of changes in resources".t
net cash inflow from. operating "activitles
2025
2024
Surplusl(deficit) for Ihe year
' (Profil) on sale of inveslmerkts
(Profit) on Sale of fixed assets
Oeprecialion and impaiment of I'anglble fixed a55ets
Investment. income recognlsed. in stalement of.financial activities
Pension scheme valuation
Interest paid
Hire purchase Interest
3,88S,999
(26,236)
14.037,6901
291,652
(41,9941
2,549
172,795
(498,7.80}
272,208
(19,851)
5,995
266,522
570
Movements in worklng capital
Decfèaselllncrease) in slo¢ks
Decreasel(Increase) in debloi.s
IncrÈasellDècrease) in creditors
IncreasellDecrease) in pensiory obligation
{108.3531 (141,046)
145,220
404,253
(7,271)
(16,664)
Net cash lrtflow from. op.gratin9 activities
276,671
273,207
Analysls of Changes in net funds
At
l April
2024
Al
31 March
2025
Cash
Flows
otber
Non
FYLDE C.OAST. YMCA .NOTES TO.THE FINANCIAL STATEMENT_S. FOR THE YEAR ENDED 31 MARCH'2025:. Ac¢ounllng pollclgs. Company infonnation Fylde"Coasl is a privale"CfJmpany'lwnited by yuaTanlee incorporated'in England.and Wales: The rpgistered Offi rs VDII 2, Qlymplc'¢uurt, 8oafdrrians Way, Whitehills Bysine55 Path.. Blackpool. PY4 SGU and the main Pla ol'business is St Abans Road. St. Annes. Lancashire Fyts IXD. In Ihe event pf.a winoing LIP. the.liabli ity.io ie¥p¢ct of Ih.e gts¥r•ntee i8.limiled to £1 pèr member of Ihe"¢haiity. Accounting conw•ntlon These accoynts havè bttsn Frepared in accordancè.'wrth the charl5 Mernoran(ium a Arli¢ies of. Assodallon. the Comp,anies A¢1 2006 arid-AcéFunling and Reibciriing by Charitios . Slatemeril of Recommended Piaclice applicab5B' to ch8ribes preparing thelr accounls In ac¢ordanc4 wlh Ihp Financial Reporting Standards applicable in the UK and Rèpublic ol liéland {FRS 10?}" (4s arrieDded lor aGc6'untirtg periods commencing trom 1 JOnary 2019). The Charity is 8.Pu¥lloPerlèfv" Entity. as defin¢d'by FRS. 102. The accoun13 S piepaied in sterling, whKh is tho fun¢tional ¢urr?ncy of Ihe chanty. lfjtyiel•ry anitiunts Sn these finonelal stslenienls are rounded lo Ihe.neaSt.'E.. The accounls ha been Pfepared under the hl$lorlc81 cosl nlen11c+fi. modiflÈd lo InclydE Ihe'revaluallp.n of Ireehold properties and certatn finanoal instruments al lair value. T.he prin¢ipg18¢counlin9 policies adopted arè sel oul'below. Basis'of consolldation The consolidaled arxounls Indudè. trailin9 artivilies. assels and Jiabililjes of ihe paienl bnLI subsldiary company. Fyld¢ Coast YMCA Tradjn"9'Lld, in accordan¢e with Ih'e Charilles SORP. The results otlhe subsidl8ry af8 cons0li(iad.'tsn a line by Ilne basls. All Inira-group Iransac'Uons. balan1 4nd'uhlpaljed galn8 on Iransaciions betrl'eèn gféup. compa.nie.s are eliminoled on consolidalion. Th'e Irading Subslary wa5 sel up on incorpora¢Jon as parl 01 Ihe',9roup.and Ihéiefor nol acqulred, gnd no fair value al acqvisiuon aLljuslmenl has therefor8 been requSTecl. GoSn9 Concern Al Iha time of a'pproln9 Ihè fift8nclll stalem¥hlg, the Tfusièes hav&e ieasongb'le ¢xp?¢tstioJ) Ihal lh• ch8rity. has adequale resources lo.crintiriue in operatsonal exislersce foi th'e for5eeable fvlure.. Thus,.Ihe truslees conlintse to.adopt.Ihe goin9'concéfri basi5 in preparing the fin8n¢ialslalements. The trtjsiees have Prepared detsiled profil and cash flow lore$t$.leh' have been upd?ted.on'a regular basls during Iho year'and in the current firlancial period. A $i9nfjcanlbahl loan was repal(l ih lull dunng.thè yaor from the pro¢eeds ol salè of Bn asset.. The charily is.in a Sble position and ¢oDliriues lti monitor cash Ilow and leséwes lo build up lurids lo meet obliyatlons golng forward. The"trustees have been prudent and ali51i¢ in iheir èstimaUon5 and ¢onllnve lo rrionilor via iiianagernEnl accounts q.nd budgetsDn a.gULr basi& Charitable tunds. 'Unreslricted liinds a ava11 abl8.lor u$e al Ihw discretion of.the ITusltts" iri fvrtheranca ol.thelr chanlable. o¥eclNes unless the funds havg been desi9nated forother purposes. Restrict funds are 8c¢ountÈd for. in ac¢o¢danc• wlth th8 teffl and condilk)ns'of Ihè.(eslrtcted incp.m8 Tecoivgd. De'signated funds"¢omprise unwtticled lufidg Ihal hava.been $gt.a$idè by.the.'Iruslees f9r Panicuthr. purposes.
FYLDE. COAST YMCA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 In¢omlng r•$o4rc•¥ IrOi7)e is reetygnised when Ihe thaiity Is legaly enbtte¢J ID it after anyperf'ijmance cpidirons have beeii md-the.arrioaIs can be inya¥ure¢ Ttfiably., gnd11 ts probable thal ionie will be received. Cash tsonalions ère recogni58d thi receipt O"Iher L1onaiSpns are recognised onc8 Ihe ¢ha¥ity.ha¥ been nolif1 of Ihe, dDnalion, Ljnless pprformancè rAdItIo(l5 r4usrtrdÈfetral of Ihe'4¥riounl: Induded wthin donation5 and le9a¢les'15 Ihq Sum of£7,$4712024-' .£35".7731"recw¥iabJe"as a 9.ift.aid donolion from Ih"e lrndinp siTrbsidiery ¢ompary. Legacies8re IECOgni5e(fon receipt pr othe1$ if the thanly..hos been noUfie4 ofari.Imp¢ndiry diNbibytiffi. Ibe'amounl l# known, and fec•pt l¥ èxpeded. In¥esJmenl.Income 15 3ccounled lor as èDd.'when recelvoble. IrKorne Ifom 9ranls, are recoynised when Ihe Gharity has enlillemenl lo Ih'è.fund8, ary performahce condltions'attarhpd lo Ihe granls baiie beéft mel,11 is'probable.Ihat Ihe'incomewill be receNod and Ihe amount can be re#b measured èThJ 18 ftot dtrfer¢. 04h,tr income. whl¢h in¢lLbdes.sub$cription3, mémijership char9e¥, renial'inwne,. is meqiured al'lhe fpir value'pllht .con5ideralion received or ceIVable,..rety1sènIS aniovnts reeèlts¥ble forgoodkartd seNlees Slaied ne1.ofAT%re pplicable. tlonpletlgoods and SeI$.re recbgnSlpd a8 Intsjme when Ihe Charfty..h"¢0ntroI over tholein. any condiilons. 8socialed wilh Ihe donated'ilem have bFen mel, the réceipt of economic benefil.frnffj thè iise by the chafily tif Ihe item is SNOtJab and thal.OCOfioinic benefil bt m¥sU1 rtlK•bly. In 4ccorfanc¢ wjlh Chpriliès SORP IFRg1021, Ihe gEn¥al VDlunleer lime is,not fecO9niseU. Resourcgs gxpended Expèndilurp.Is rocc8ni$ed oryce thère IJ o legal or'c4rislwclive ob'lipatlo. lo thake a payment to • Ihird >'arty. il is probgbl• Ihal 11)e 5etllementWill b¢. feAtslred.?nd lh¢ gmounl ol Ihi obli9alipn can tye measured reriaY..E¥pendl1Ur¢ L8 classified under'lhe followsnb Bdivity headings:. r coslI' of9,ener4brvJ Ittnds mpriSe of Ihe cwls olwmm¢relal irddlng by Iht $ubsidlary Itad¥' cpm"p.•riy, food and drink'.¢osl? ol Ih'e charfty. and 9ood¥ lor rvsale al iwmmino eenlre$. p expéndiitsre on dwr418ble acllyiiies Includpj dlrecl expend'iliwe on rbarilab aclivitie¥ and Iheir as•orialed support ¢ost$. Support C0515 are thosè funclions Ih31 a55isithe woyk of ihe charity bul dts nol diredty unded3kp.Fharllable aclivilies. Ihey include back offic¢ c0515 ol pei8ohnel.. telepl)e.and finonc¢ cosls. "The basig on which $UPPOrt QOSIS havt tyeen Ibc?le"d are sel.v in not¢ 6. - 90vein$n¢e cos.ls incjude the.slalutory.audil costl. Tanglbl• flx•d •is•ls •nd d•preci•tion Tangible fixed'assels ère initially meosure&at Gosl and w.bs¢qlJenlly"measure¢J af cosl or valuation. nel.of depreciation and any impairmeni lossès. Oeprec13tion 15 rqcognised so as 10 wmie.odth¢ to$l' or valuatn of ¥ss•ts [¢$4 theii f•sidual w4lues 0r Iheir user 1lves.on the lollowing baseS:_ er4U¢)ns.io le8sehold buiklln9S Plantand mathinery Fiures. filliTrgs and equlpmenl: over pericd of teasé 25YJ3.3% on cnst .10% on..cogt The 9aln.of loss arising on Iho disposal ol on assel Is deteffDined'?s Ihe ditfèren¢¢ bqts%Een I..$81pT0Ceed¥ •nd ihe ¢arry7.ng valve of'lhe asseL and is rei#Jgnised in net inCrmpJ{expeli1ure} for the year..
FY:LPECOAST YMCA NofES TO THE FINANCIAL_.STATEMENTS {CONTINUEL)) FOR THE. YEAR.EMDED 31 MARCH 2025 Accounting policle>lcontinued lthpoithieril ol Ilx•d a'ssets At each repoityng date. the charity 11ewS Ih"q cairySA9.arriounts of its lan9ity assets to dèternine whether ihef¢ any IndilI0n th81 thosé aséets havesuffered an impaimRnj loss. Ifany such indicalion exists.1he.¢overnbje amount of Ihe aslet Is estimated in oNler lo deterrnine Ihe exienl of the irnp3irm¢nl 5. if any. Rectsverable amount is Ihethigher of lair value "sS rosls.lo sell and valvè in usé. lft assessing aliie In use. Ihe eslimaied lUlU us'h nows are disGoun!¢d lo Ih¢ir p.resent value diin9 3 discount rate that lIèGIS .Curn1 4ssessmtnts'of.Ihe tifne.value ol ffjoney and the risks spétffic lolhe asset for.which th•. ¢stSm$ ol Ivlurts ¢8$h flov¢J.have not be¢n adjusted. 11 Ihe reGoveratyk amounl ol aft assel is estlmalthj to be less than Its Carn9 gmo44nl, Ihe Ga.rryiTr9 amOnt. ol Ihe a$5et is rqduced lo its reMver•ble pmouni.An impaiTmenl105s Is recognised linmedlalely in Ihe year. R'ecognised PairMèn1. losses.'ore reversed if.".and If.. tho rea¥ons for the'jrnpaim)ent.loss.h?ve ceased lo apjply. WhÈfe an Imp'airtheBI' los.subs¢quenlty.rèvew30s, Ihe ¢arylD9.amouDt of Ihe. assel is jnGrease¢ lo the revised eslinlate ol sl¥ iecoverable'amounL bul.so Ihèt th¢.Increa$¢d carrying amouTht does nol exceed th'e carryin9 afftount Ihatwoiild have been dlènDined bad no irripaimlenl b55 been f¥CQ9nised for Ibe a?set In prior years. A itr$#I of an. Impairmenf10s9 is Te'eognised ¥nmedlalily. Cash orid ¢wsh.eqiivaleriis. C¥5h and rash equi¥8l•nl$ Includ• c891l' In'hènd, tIeo3$19 held at cg11 Wilh banks ¥n(I bank Dverdrnfts.. Bank over¢ratts are styovln wilhin borrowings In current liabilili?5, Penslons Fylde Cpa$l YMCA p•rfiGipat•d in ¥ mulliemployar d•fined b¢riefil penslon plan for einployèe5 of YMCA'S in England. Seolland 8Dd Wales. whlch'wa5 do$'ed io now rhembers and accruals on 30 April 2097. ThF.PJzn's odvary h8s.4¢vised Ihal il is nol posssble lo sepal•l¢ly identify.lhe 4sets and ljabilittes relallng lo FylJe,Coasl VMGA..and Ihornloro'lh¢ s¢heme Is a¢¢ounled for as q defined ¢onirSbulion 3¢h8m?. As desuibe¢ In nole 19, Fylde Co3s1.YMC4 has.4. conlradval obligallon lo make Penslon defial Poymenls of'£7,447 pa ovef.the period to hpOI.2027 {2024'. £7,'447 pa'lo Aprfl 20291. and according'ly.thls is shwin as ¥ liability In Ihesp'accounls. In..aOdilion Fykle Coasl YMCA is tequlred lo conlribule £2,330 pp 12024-. £2.;373 pal Its the operating exryeThse$ of the Pension Plan.and.ihese cosi$ art charged to the Slatemenl ol Financial Acb'*ities as mad¢. Fylde Coast YMCA operates a defihed tontribulion pethslon sehemè for b curreTrl.employeas. ConlrA)ution$ are thatyed in the accounts as ihey beMe. payable. 1.10 Leases Leases alè cqas$jfied as finaftee IEas8s"whenevei Ihe tsrm$ ol the lease traffsfer substanlially 0Trlhe rtsks and rewards of ownershlp lo'the'.Ips.seès: All other leases Ère classified a5 operating leases and charged. .against Incorne on.a slraighl fine basis over the Iva5EI tErrrt. Assets held under finance le>se$ are cogniSed as assets al the lower ol the assels lair Nialue at Ihe date.. ol inception."and Ihe presl.valUeOf the miniffjum Itase p'3yrnÈnts. Thè lelaled liability.. InelLad.in"thtr balance sh8¢t'.8$.•'finance leas¢"gblig3tion. Lease paymenlsaFe tse#led.as corisislihg.of caplta! and Inte51 elements.. The in1¢1. charged lo riet éxpéiiditliie for the yèar so asto produce a'const¥nt perityjio rate ol Iniere$l on ihe rem?iniftg bal!nce.of Ih"e liabilty.
FYLDE QOAS.T YMCA NOTES TO THE FINANCIAL.STATEMENTS ICONTINUEO) FOR THE YEAR ENDEQ 31 MARCH 2025 &¢Goung'PoIlCles4C0Thtsntdl 1'.11. Financial instrumoft The charity ha$ ele.cled lo •pply Ihi provisions.of Sect¢ph.11 "Pasic.FwwnfJil In$tsumenh'. Jnd SeclSon 12'Yither Fittandal Ir6lrumènts 155ue$" ol FRS 102. 10 31111# financlal knstrurneD13. Finpnual insiwmews'are rF¢ogiiised In Ihe ¢harfty5 Boline 'eel vjhen the chanly.bethines paty lo'the'contractual provi510ns otthe'itElwrn¢nL Financial.assets and liabilities'aft trffset.. ith..t r¢t amtJufLts'o.Seftd In 1h¢.finan .slatements.. w'thef.1s'? le9alty enfbrceable iiDht lo set off the recogniBed •mount5 and. Ih9re 15 an inleniitsn Io'8ttt nel lIS.r lo ieali$• thff asset arf¢J $•We Ihe Ilabllllg $imullanethJ5ty.' Èa3lt Ionancl a85•ts Basic f¢riancial assels, whith Indbd• tlebiofsèThJcash and bank tyalance#,. èrn IniliaNy meaSUd.at Iransadion.prfct ind¥dln9 tranSaort rosts and are subseqtseDUy rrId..at arnortised cost using the effecllve iplèrest rpelhod untess'lhe'arran9emenl con$lilules a fj.nancing Ifanudlon, s¥ere Ihe.Iransa¢!ton l?'Jnea$ured at ih¢ pr¢5eni ¥aiue of.'Ihe lulur¢ recelpll'dis¢ouhled at a m8Jket rale ol Inler¢s1. kinancial as$els tièsslfipd ?5 rec¢Svable Wblhln one year are not afflortlsed. •sl¢ flrianclal Ilabillli8S 84sic finon¥al118¥llilies, 1ndLIng ue¢Jiiofs, 4re initia15y recogrtised.ai tranaacllon wic• unlesi Ihe ary4Pl9oment consilul¢l'a fiDancing Iransaelloft. Ihp debl in$IrtPt 1> m¢?sured at wesenl value of the.lJre rectipls'dlscgunlesJ al 4 mgrk•t iale of inlerest. FinarKial liabili15es.classifieAJ as'payable 1h1n one year are not amorfi5ed. Trade ryedilor¥ a otyl¢gaii¢n$ to. pay for9ood4 or $eThice5.Ihal hpve be¥n Jcqulfed In the Ofdlnary t¢)utse of oper¥llons Irom suppliers. Amounls payable afe Classified 9$ Cufienl liabllilses If paymenl Is due wlth5n orie yepr or less. 11 Ool, Ihey gie pre5enied as non-curient liabililbES.. T¢ade redilorn ¥[• tecb'trnised inilialty at trans?dion pric• and $ub&eA¢Jenlly.fflop$wed al arnDrfised.¢p$t the ¢l!ecii14e.inler¢5t rnelhed. DetecOltS0n of nn•oclal Il•blllllés financial lièbilitle5hre,dereco8nled When thè (rity'SOntI.èr.Eyl obligaiions expire orare d15thar8ed or cancelleil. 1.12 Crmlcal accounilng estlmats •nd.ltidgm•nts Irf the appli¢aiion ol rhe charity's atctsuntind policie5, the.trustees are qUired to make judgement5. e5tirriites Hri ltsumptions about the tèlrylll8 èmount.of assets.and liahilitiQ5 that?re not reèdlly appaient Irom Oihorsource5. The estlmates.and 3$1ociated assurriprions are b'ased on htstorical expèrience and othér factor5 thaiar&con5iOeted to be rle+nnL Actual results m¥ydiff¢r from these èSbffja.tès. The estiniate5 and vnderlyingassumptions a rEvieWed an 011801rt8 basis.. Revisions to accountin8 estimates'are fetO8nised in ihe perlod In whGh the estimate is revistd where tl)è fevi510Th affects only tlai period, or sn the geilod of the reVl0n.3d fvtUfe"per40d$ whpo the re'vision 3f(octsbottb èurrtnt Jtld luture period Critlcal judgements The followiA$.jud8emepts lJpArt Irorn ihwè Involiiing esdrhatesl havt had the m.ost signrfitant effeciors ainovnts recognisE¢ in the financial s13i¢m¢n4, Useful ecoriorrilc life of tèngible fixed assets The u5ehJl ethnoshic life ol VdngSble fixeLI a55ets is 5vd8ed èt'.the p.oint of purchase and reviewed at eath finantihl reportine (Pate. The ludEEmenl i5.basEd on tho trustees in dep.tli knowled8e ol thè iyidustry in which the ch3¢ity operaies ahd ol tht Indlvldual assets. A5. Standard, the usefvl economic fivos Ire applbtd as shown'in fjote 1.6. lrnpathetsf of tanRlble fi%e4 assets Ateach balèncè 5hèet.date, the trustees Undertake an asessmentof the'tarryinu arnounts oflts knglble i¢xtd assets based on their knowledge of the asse,10 dèteTrriirte whÈthet thère is any inoication.that the'assérs have 5uffered.an impainnent b55. Where necessary, an Impairment cha8 is"rpcognised in the StsterrientofFinancial Acthvities. Key.soUrS of.e50in8tion unFrtÈlnty Th'e eslim8ies SDd è55umplions vthl¢h have'a sntheal rfsk 01 n@ a malerfal l8tment to the. CaTr9 vJhJe.ofassei¥' and flab18 are as lollow5. Impaiment ol trodé debto At ear bBlan¢e.gheel dale, Ihe Iw5iees and Ib8ir tirtar leam vntl#rtake a ievlewol oul&lzndirlp deblDr balantes and esllmate ich. i(.any. should ethor be impai¢ or prtyided ag8Wl$t. This calculaliorf is L5'ased oh Ihe financial po¥tion DI the Cwlomets. thè hhloncal srtre8d of payment aryongiilng discv55ions behyeen thè th¥rity aml ihe individual d?btor.
FYLDE COASTYMCA NOTES. TQ T.HE° FlblANCIAL STATEMENTS {CONTINUEP) Fok THE YEAR ENDED 31 MAkcH 2025 INVESYMENTS Nel incorne frorn trading actlvily. of subsi•iiary Fylde Coèst YMCA"Tradin8. Lin)tted is a wholly.owned trading subsidiary v3hlch Is incorporoted"'In the.UK..The 'rincSp3lictivily is..to generate fvnds for the charity throu8h the operation of tiadlng aciw.itie$. The conlpany regisirdtion riuinber is 03925978. Protit and L05s Account 202S 2024 Turnover Cost of.sales Gross Profit Admlni5trnrive expenses. Operating Profrt Don4ilons T¢¢eived' .lritet.tst reteivablè 206.458 (14,264) 192'.1.94 {192.142) 52 11 3.34,504 125.5081 308,996 1274,7091 34,287, 1,486 35,7n 135.7731 2.988 17,S4.7) 14.5591 Oonatioii Profit befoie ts. Tax Chariè. Retèinéd In subsidiary 14.S591 The aggre&ate of the assets, 1labl1le5 and fvnds were.. Gross asser 156.182 1160.740) Ij4,905 1114.9041 Fund5 Investwnents other than Irl'stsb5idl>ty M"ovement in mark¢tvalue 2025 2024 Mavket Vale blfwd AcquisltlDn5 at cosr Oisp05al at cost Nèi chargès and proceeds Net.Ilosse5llgain¥'Dn reValuJtions Sn the year Market Value at 31 M'arch Cash at.brokers Total Market'val 814,971 834,971 1834,971) 125,2651 33.125 842,831 202 843.033 In at h2D2 863.679. Analy5i5'0f Investments betsveen.furd$ Fixed Asset .'CurrentAs5Et D¥1B.nat¢ Urir.è#riLted .Group ZOZ5 Groijp. 2024 Listed Inve nts VK Qvoted ed Interesl securitie5 Cash.Balancp b-eld in portfolio 202 .Other inv nts UK Investmwit Borsds S6.439 843,032 26
FYLDE COAST trviicA NOTES TO THE FINANCIAL STATEMEKfs ICONTINUEDJ FOR THE YEAR ENDED 31 MARCH 2025 Qonallons and le9aCièS Chatity Unrestrf¢tsd ft•StrfcI Unf•strl¢l.d Restdtttd fund¥. lunds. lunds Ta(al 2025 Tot31 2024 67,987. 2S.843 60.4SI 8b.294 Restricied Vnr¥4rldod Ttstsl .246 79.246 Inves.1 lricorri¢." Charlty Group Uhr•stslcfe4 R15trJ¢le4 Vnr8sirici¢d. R•slrlded lunds lund¥ lund$ .Group Totsl I4 'rSl 202S .UK Interut rttelwed 39.069 41,994 41.994 k9.8S1 Unre5trlLtt Olhev Inttirnt Prynt QA S31#of leasehold Inreitst PeTrsiOrt sthetne refund .Scurflydi¥t8es. I35,816. 254.098 .17.072 4.035.116 234,098. 17,012 4.035.'836 134.098 17,071 4.28b.986 4,186386. 4.ZU6.986 IneomlDg resource• frtsin Gh?vltsbl• actlvlU•s Group Yot•l 1025 Group Unr••irfcted funds. Rosttlct fibnds 2021. Artivlty Centres Subscrlptlohlind chifvs Swlmrnin¥ Charles Manaiemint SerYl¢ths Mernbeiships Room hlfe Gr•fits rÈ£elveib Oth'er intomE TOt•¢s lor.Aetlyhy Ctiilr•• 1.970,198 1.183,386 91.094 2.77,1,W J31,'754 84.141 1,970,I>V 1,183.586 I,q03.191 1,161096 61.261 4LI 2S6,296 i,O>7.738. In4,944 3J1,754 I,OP2.7..72 244.631 7.196.517. 2'44.631 Communlty Fclllli••'. Sub5uiplionS and tharges Giafits rec.oNed hAai)a8einent seryl Rotsm hirt Other Inwm¢ Totals Ivr Coinmunlty Focllitl£s' 138,60e' 1JO,608 73.464 .147,718 76,.728 n.464 73,464 3Q8,362 283564 ¥b¢l•l Hou8ln9 Jybllee Cotsage5 .Htsvsln8 p.ro¥1? Grants received Rnthiousini support Tot•ls forsiicfal Houslng 44.¥9 31,"377. 0.861 100.0eG 190.016 GJG.357 7J6.443 636.'357' 781.002. 93'6,831 1..075.06Y'. 44.559 fptillnG.om•"frym ¢h•rfl•bY• ictsvltt••' 8.167.8SU 36l654 8,S)0,512 7.883.897 Unr6tffjaed Toial 7,4WJ99 7,883,897 .All ollhè COmIN0.1t$ourthS"arosÈ u*the.i)
FYLD.E COAST YMCA NOTES TO THE FINANCIAL STATEMENTS (G.ONTINLIEDI FOR THE.YEAR ENDEQ JI IIIARCH.2025 T91 resi)urerls •xppnd¢d 8asis of. .•11gF.atioii A¢lSyity Community l•¢illti So¢lal HouBln9 Tolal ZD75 .Total Z024 Gov•m•nc• DirE¢t oo¥s all¢•d to aGtsviliÈs Staff rogts Prmises costs .Trdw¢I Meiiibeis.'AdMiles Ropairs & renewats kakeslde caiérfoj T•ltpho AdvtrtiSiD8' StationÈry. Irrrovèi•bl¢ VAT Audil'Ftt EqLipmeni asin¢ Suridrl¢i aeanlni l(w4sle d&posal Dprèci3fKin loin Intest Hlrt ptsrchase lJitei•%l Prote551onal Fees Securlly costs Oonat5gn to Bl•ckbuwn YMCA Olr¢¢t t¢ire£t 3.'350,669 1,163,665 94.971 329.862. 236.256 3..n5,502 1.48l%4 19.256 ,3.5.26,Q50 t,699,7.52. Olrett Oire lirecl Dlré Dirett 290.0•1 1381 %l665 5.?06 372,697 980.826. 344,JSO 344,350 56,JlO 66,919 .17,6 &2¥.1.iY' 259,907" 11&0?4 10,009 170 1074 3,605. 2Z,365 558.099 14,900 21.70J 42,568 166,409 291,6S2 172.796 46,697 192..153. Dlrto .Dicect bir¢¢tr Dlrert Olre Dlfen Dliett '.Olr¢t 'Olrect 21."703 42.491 ISl,747 77 10',134 J.9,03Q IS7,079 4.828 172,796 266.SQl 5YO 111853 120.724 .39,17? 156..7.42 6,6JO 12S.3S4. J9,17J. 286.742 Oltétt Supptsrt£o•ts allo¢•le¢.tp.xtlvitle¥ 5ff Cbsts Premises ¢o$l¥ Membets'ActrItIrs. Rtp,15rs.& rnti饥iJ5 Telepho SiatloThery Clvafi¢r48'& sunddè5" ProF¢s5ional Ft¥s Oep,recI3in Bar4k Ch•iÈes Y¥me V5age 134,646 13.761 141,?Pg 17 168 1.297 ?J2 135,657 96,364 .223 1400 .94.721 1.066 1.254 B.650. ? 350 36 17M95 U5a8t 1,318 Usoze UsJ8e 4Q.7.11 77.412 14 J17 17.161 Ciythpfiy Total Au¢Jrft fe8.l0rsb1)Ory Ge(iup Tolal ,108.646 IOZ,82$ 9,097.781 ,9SQ' 9.IOl731 8 $63,IGI 3,000. 4566,J61 4,950 f9.850 8.108 64$ 771.409 Charity. 2025 An4lyJl• ty Fvnll 202S, 24 Vrtreslrld¢(S Rsiril•d .701.686 39$,09S 5,097.78.1 8.03S.719 527.442 8,5SI161 8,7¢6]1 )86>5 9.10IP31 1034719 527,441 8.S6 NelOut9oln9 Resourrts fol the"Prigd ¢h•rtty 2025 Grtiknp.. 2025 Ar• statoJ•fter GryIng.. 2024 2024 OpErJiin8lea5e.refiuls Depr1110. rsts of stoek5 rewnisedt5 an.expens AUdltur5'.AErnunti0ry 2T,>03.. a91.¢S2 38.501.. 5eniKe$ 14.90D .VATcompllJnip lwvlces 4.000 TheGfoup budll r¢muryeTrtloF) I[deS fee5 fwthesUbsitr¥3ry¥ompany:auO5to1£4,95011024... E3,WOI. 21.703 191.652 .51MI 270.83'9 37.377 1#.$so 9.80Q 272,107 61885. 4.000
ATEMENTS (CONTINUED).
MARCH2025
exp.enses weffe paid èmounting to £O.12024.: £0).. Ntlne o
FYLDE COAST YMCA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11
Tan9ible fixed•s5•ts of Illè Cfriarity
to Lèasèhold
Fixtures.
Land and Plant.and fillings"8
Bulldin9s MachltbEry èqulprnent.
Mol4X
1ghlcl•S
Toknl.
At I'.April 2014
A¢ditions
D15P05a15
Al al Malch 202S
lo54798 L636,711
6a.334'.
108,280"
IIS3,6831
10.610..932 191.378
7,015
11191.394.
174614
693
14203 003
At l.April 1024
On Di5po$31s'
Chai4e'forihe.peiiDd
Al J1 Mbrch 2025
4245,1.50 1.587.369
.5.11?
l4.4251.
5.837,6a6
IISfj.0961
29L652
S.971,19Z
.237,541
4.483,691 1,487,805
697
•tibpokv•lii•
Al 31 Moich'2025
6,128,241
103.569
6231011
At31 Mar¢h 2024.
6..302,448
49,412
L898
6A"J3,7S8
Allassets were hew lor the thlrlty's own Y) prlmlrlly lor dlie¢t thJilièbk •
FYLDE COAST YMCA NOTES TO THE FINANCIAL STATEMENTS ICOKTJNUÈD) FOR THE YEAR EAIDED JI MARCH 2025 1.2 Debtots Group 2025" 2024 2024 Trndè IiEblors AmoJnL&due frorri'sub51dlary undertakings Othe( dèbto Due Irom rekted p¥ty Prepèvrnents ènd actnied Incoff Pensi(>nfynd debioi 709220 66Tr.165 ' 101,J71 ' Z88,741 275.189. 38'£61 709349 672,87.9. 50.488 9'LS1T 118,462 ,2J4.09 JlQ.79S J471322. 118.46¥ 861 1.404.785 1.171.12B 1.141604 13 Cr8¢It0.. lalllng due.wlthln yebr Charlty 2025 2024 202 2024 Trade crèdhor5 Taxes aryd sodal s•¢urilVt¥n5 Qthii Cr11101$ '¢cryAL% •nd defp.fred Income Bank Lo•h Amounts due to subSl3ry undcrt•klnAS ArnoVn icl4t¢d poiiy 636,438 106,6)5 J95.497 6.?.48. 836.491 I1235 395.497 779.030 159.99 676.111 131.203 IJD.9B3 6$5,557, 253,4rJ) 396.2SS. 6$7.3 253.4CO. 159.999 79,918 85.521 05,520 2,081,2S2. 1,103,521 .2,169,073, l.X17.254 14 Cr•aiiorn'. •mo,¥nts lalllng Pu• ¥rt•r moiolh•n onp y•r Group 2025 2025 2024 2QZ4 3,1#7,756. 3,IBY.756 2S3.334 93,P?4 93.334 3,441.090 93.334 3.441.090 Amourts dut •ner syr by 7,791,756 1791,756 The b¥n* lo•nwi% fully reid Sn thtytar. 15 Fman¢ral Inslruinenls Charity 2025 Gro 2025 ZOZ4 Carrylntamo¥ni'ol IInancl in5tnKThenlS Oetrt'lnstruments rne3sured #tamDrtis¢d con Équlty thrUmEnts ffleasureoaiortless impawmEnt 3XJ4740 3tsL13'2 1670.003 1140,344 Carrying arnountvlfifiantial tri•bifrtles Measured"4 arnorti¥Ed c05t' 4181586 4,.891.798 i?,526 41..786.
FYLDE.COAST YMCA NOTES TO THE FINANCIAL StATEMENTS (CONTINUED) .FOR THE YEA'R ENDED 31 MARCH 2Q25 stst•mwt ol Ivnd¥ Of ch•rity.•nd group. tunetht.y*ar Movtimtnt'ln.fibnds Balqnc•.at. Incoffling". rtrlourcejl. Iran$fè
esour¢es. Dèpfecl.•
¢xpende¢l .tlafi tir translefs Balance at '3'1.Mirch 2025 2024 Gnefl re¥eryp 185.3 .12.814.503 18.694.441) D•s19PJt•d,fund Éasl Lanc5 Ira'nller of•$%•. 21fj.465 1226fi651 TolAI unre$trl¢tsd fund .12.1114,S4 8,920,906 "S,3OS,J82 Restricted funds Lakeside dtvtlopme#t H•rtwr Aousè. Facejo faco FD¥ Sèndfjng.h•m Seafleld Rold Ffv CrtJnsellin9 SpNlc4 818Lp¢Di' ryl Hoysing Ponallon DI11ty Fyn Ptyl. Llsa Wilk8 Furnl Lade Lofthtttr5• EH Mrs Partlii9lon Fund Beity Shayples Oonallons FOJe Otters 123.4011 2,02172Y 27.051 '29,OS? 2.927 Is. 9.185 'IS;'?52 237 Lass 625 3.713 16,253 15,)02 Ll.12J 13.939 37 I,0 62$ 1,000 •,401' IL062) 12rKsl 12,753.1 136,0851 28,233" 3GO 1GO 10.130 22.464 17,361 31,8ZO 17,367 466 iO.SL 3,'849 1.(40 19.3SfjI Inhovauon furMI PDS Medlcal irsiart'TRiAIDq Lak?dClIfmt• justvIng. Rusx Klrtharn Éqviw¥Jnl.' Lakld¢ C•noE> SIAnn¢s P.0 Beath Life9uard HAF Flee)tt HAF Thornlun .FleeTh Tovm crMUtyTWSt F Pculion Spdl Gortlen More ThaD A RJ))I 8 4Q'FOundalk lQ,S00 1.883 iooo 25,IKtI 25,?) 1143.oxII 4d,Bll 16,333 14,703 .20,790 195. I333) 114.7031 120,790) 11951 114,4321 11,1051 21,568 2.295 io, Llrbkqd Chari Cè Ilal JubleE CottaÈeT'nBI. J89.732 13.1721 186.560 Ch omeF nd Jubmee Cottage Trv51'. .44,$59 164.2351 4444,013 388,Éi97 13695221 126.5731 2.4J6.4f¥ Totsl fun¢ii .3,855,798 9.290.428 126,5731 7,741.n7 Re5¢r¢rted F¥nds ftestred Fynls.of'É2.436.41d'4re.waitsbldto arry.foThwd Intothe nèxt Nts•ndil,ye•r. Inlormaip)D èbowt ihe maln ftsn¢s rèst outon the followlnK p*8e5. 32
FYLDE COAST YMCA .NQTES TO THE FINANCIAL STATENIENT& (CONITINUÉD) OR THE YEAR ENDED 31 MARCH 203$ 16 stst•)ientollurids of Charity and groiip Prior,fih•nd•l .1131 March 2024. •lanGé'.¥ l Awil 202). kiconillity soureejl transfers Res'ources Depreci•- expon4èdl tlr .IrartsleTs. .31 hlarch 2024 G¢oe¢pl rese. l.S6&162 7.654.06Z 18.03S.9031 .4'.185.3Z1 01¥19ht?d fun¢ East Lancs.lyansl8r Ore15. "233.397 16,9321 YA?t•l UnltrIcted funds .1.8QI,$59 7,"653,062 IB,QS9,903 16'..9121 1,411,781 Ir•stilctd funds bakeslde dfft1opDt •rtxur HtyJ5 Face lo faL Foye.r Sandrtngham seafte,R0id F,LoUn59lltnQ Se[Ce Bl•ckpLiJI Fd HtyJ%ing Otsfiliion DbilIty Fun Pod lisa W51ks Fund LakeslLS• Buf5ary Latthou$ttEHIiv6 Irn P'wlift9ton FLffliS L¥nrasly RtBcliin4 ymmwylth. Bety Sha% DMadoha Fe Ollers Fe InnDv4lim Fund PDS MeLIKal Kickslart Tiainln9 Lakesloe C[1¢ Lty 14ousln9 E Leamlrvj Laricasiei Y ¢alé' Jus1.GfvHvJ Russell Srkham Erwlprtwl Lakeside Cano Sl Annes Pool 8exh Lrfeguard UelJuT•.C•ntr• trJAF FleetrK)d HAF ThDmlo Fli•tvi¢od Towfi C¢mmuDItyTn4t 2.061..209' 28,097 2.930 '5,Y63 9.185 12,751 237 1,'855 815 3.596 7,11a. 4,'745 13,'664 160.. ?,044128 29.057 ,2.92 IS?02 9.18$ IS,.7SI .?J7 1.15S 825 3,75J 1fj611 3,970 1470 .157. 98.978 11ti9.8581 113.E641 IU.130 '.J1I19 17.367 14.7 17,367 .5.766 10.5 3.9 11.520 710 13,59?1 .10,$00 .112,520] .16,0lSI 2,QDQ soo .4,706 l5.0 200.189 42,088 4,610 110,291 1100.1891 14108BI 11.62Ql 114':7651 115.9 {19,8001 Jthlee Coyaoe Trust 189.731. 189.732 JubQee Cotta'9•Trttst 39.9)2 31,377 14>.9551 21)24 2521757. 4&69 ISOS.3611 122mll 1.444.013 Total funéB. 4.324.316 101760 29.013 .3,855.799. ftestrtct2d F¥nd5.. He51rf#od fundg ofE4444.OL3'èrn4v¥ll4bS io carry forwa¢d lotothe ttéxttihaftctslyear.. Infor4n*ilon ibtswih• ThBln fvnds . seE Otston the f¢howinKpages.
.FYLDE CQASTYMCA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
.FOR THE YEAR EIIDED 31 MARCH 2025
Pukoses of Restitted Fuftds
Maln fund5'.
iake51de Oevelopment
site for schools.
Yhls is a faci1Sty whkhprovides accom0d31l and cateriyF8faeill.ls at the iak'esldÈ.
Hakbour House
'A Itant from LCC usta 14f'rèsidèrit'sprogrammes..
Foyer
A yant from L¢c to be used tor resldertes'pro8Tamms.
.>ndringham Seafield Road
Thls prolect is.bn relation to a donaiio¢rf!om SandrinBham Twst for the benefitof.
YMCA football club?nd Seafitld Road 8ioynd.
Fylde Counstllini Seryices lelJ¢pooll
ovei the aee.of 16 IA Ihe'Black'pool area.
Provision of a-'coiinsellln8.seThlce fuTh by vtslunt¢ets..3vailabl¢ to people
St. Annes Pdol
Work'ln8 In partership with Fyldè 8orbv8h COuncil,'S't8nnes Pool olfers a ISM iwirnmlng pool and
Bym frdcilitiel. It deliver5 aqualym 5$e%nd swimmln8'le¥ons'thfQU8hout.ihe yeai.
Lofthouse EHWB
The emotional he)Ith and wellbèlrt8 contractis Commissioned by Lan¢ashiie cOty Council to.
deliver an early sup'port selee across F.yld2 &Wyre. Th'e serwitt tsrovide5 preventXlfv.e ènd eèily intefyentiofi"
support'to childreli anLI youn8 Oeople with low level émotional health *thd.wèllbpiTr8 need5.to enable them tf) mahaBe
challenges safely.
Fylde Oners
condltlon ol1Sfe.
Providln8 y•4immlng f3cililies.tor adults wllh any di5a¥ilitiesi With th¢ oblect of. Iffjpip¥in8 their
Fylde Sharks
'Provldès.l.'io.I swlmmiri8 losslons foryoun8 p'eoplè wlth
FYLDE.COAST YMCA NOTES TO THE FSNANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED JI MARCH 2025 17 Analysls'otth& charlty'$ net 88gels b9h lunds .entyear. Unitstrlctèd Sunds Restrfcted. 'Totsl Fynd bdl3tsres?t31 Marth 202Srt reprte"¢1 by: Yaniib fixed as%ets. Inv¢stmeThlS CrnIA$SttS Creditor5'. Fallini dtsewlthiiiofityèèr Crediiors'.èmounislallin8 afterone year. pr•SnS for biritIES id th•rses' 4'J17,"470 IOV.341. .231,811 33¥6'49D 12,169.0731 193,334 116.1711 391074 3,788.SF4 11.1$9,07J). 193,3341 116,1711 Al JI Mr¢h 202S 1.'436.415 7.741,797 Prlof yt•r: JI Matth 2014 Unmtrlétéd Toll Fund5 Fund bplance$ 31 31 M•r£h a024 arn. TpresriTrL•d by.. T•nAlble fixed'¥5el5, Inve51ments CurreffltA%%ets rqdbtors.. Impun15 f¥lllNo due wiihlnpne ytr Creditors.. amounlS'fJllin8.dueafter'oneyo•r Prrwislons foi'lvabilrtles and thaf.ie5' 3.515.104 IBM.346 6.3S9,450 643,033 2.23S,102 12.117,25ai 13,441,09DI 12J,'4421 2.222.102 11.957,2541 13.J87,7571 123.4411 ,13,000 iifjo,0001 1253.3331 A¢21 M4rch 2031 1,444,0'J3 3,8S4Y99 18 CommltsDehts under opwJtlng le•sts of..thÈ ¢harlty Al al M4rth ihe comp•Av bad iotsl mlnlmum leoje p•ymEnts dpe uffilcF noii-uowlablo optTrtln¢ It•se• Land èuiiOin9S 202S Olh•r 2025" 2024 .2024 Ewry datt.. Invne y¢¥r Ift iwtrtr> fi¥ÈyÈ•rt .In rY•er nveytars 19,6a8 i?,soo "29,638 2,500 19 pan.•1 othir po•t-r•tlrnmènt b•n•fft¢ommllm•nl% Defmed Fonirlbulion SIrtblI0nSfv•yabIe.by tl)¥4roypfgr theyeor 54J31 41.,306 DÈfined benefft .Fe coa YMCApaMkJpatrd In è.CDntrlbutvry ppnsion'plaTh providiTrE defined benefitsb#sèdofj r¢n3lpe_fIble piyf eTTrployee5 of YhlCA51o Et¥tyTrd. Srvtland and Waks. as5Ets Df thE YMCAPeitskn Plan art held sèpraiElyfmm.tlwe 01 fylde Coa5¢.YMCA and ¥t"¢heye?r Pl thEse were I#vEMEd.in the #tY£tr¥alcOel$1n1SO1u*I0,.sxm11thIThI )rI101P .and 35X Inthe wowth portfojip andSchrod¢r Iproperty.uofLS ODlyl..
.FYLDE COAST YMCA. NOTES TO.THE FINANCIAL.STATEMENTS {CONTINUED) FQR THE YEAR ENDED 31 MARCH 2025 19 Pehsion Contributions {Continuedl befined benefit Vuluolion The most recently completed thfee.ye3r valuation was as at l May 2023. The assumptjons usetl"whlch ha¥e the most'slgniflrant efle¢t Dn the resultsof'the ¥•luation Ire those relJllnK to tbe issurned r4tes ol Teturn.on'055ets 4.S6%, thelncre3se in pen5ion5.in payment of É3.iÈ% IforRPI'capped at 516'p.3.l.aod the average life expectancy trom normal retirenlent a&e'lol 651 fof a turrent malé.perisii)n of'2LS yèafs, ferrihle 24.0 yeèrs."and 23.1. years for .rnale pensioners. female 2S..7. y.eais4 retlrirt8 in 20 yeaT5 time.. The rewlt'of. the vèlvotion showed th3t.the actU31ioI vlove of the asset5 was £103.Im, whith represents.92% of the benèfitsth'at bad at£nJod to meffiberl. .The Pension Plan wès do&e4Y to 4ew mernbu&and 1uture.sefv1 attiual with effect from 80 A'pril 2007. With thè removal of the.541•ry Ilnka41'.for benefits ill ¢rnployed deferred m¢rribers became tleferrEd niembers as from l May 2011. The valujtlon prepared as at. l May 2023 showed th8tthtrYMCA P£nsion.Pl?n bad a..de'fitii of £9.1 milllon,.Fylde" Coast YMCA has been advlsed that It wlll need to.makè monthly.£ontdbutlons of £620.55 from l M'ay 2025,.th15 amount is based. on.the cuirent acNarial.Issumptlons' las outlihed abovel'?nd"may. vary In'the luture as a result of a¢tual perfortnance ol the Penslon Plan. The curroht recovery péiiod is 3.yèar5 coftimenan&l May 2024. ABreed futuiè defitit conlributlons h>ve been.dI5counted ulin8 3 rate of 5.3%12024:'.S.3%1. 2025 2034 Repèyable,. Withlh one year .2.5.year5 Afters yeèrs 7.986 8,185 .7.447 15,995 Total due 16.171 23,442 In.a"dditlovi. Fylde Coast YMCA may hav¥ further Ilablllti?s Ir th'e'eiient of thÈ riOfpaynlent by otPler. p.artjcipatin8 YMCAS of iheir ghace of the Fylde Coast YMCA Pension.Plan's deficit.. It Is not'possible to quantify.. Ih'o potentlal amounrthat Fylde Coast YMCA rhoybe.ralled'uppn toi pay In the future. 20 Related PartyTransartlons The company received 81ft ald donètions fiomlts 5ubsidlary:.Fylae Coa# YMCA frading inited, during the lear of £7,547 12024: £3S.7731. The amount duÈ to Fylde CoastYMCA Trndln&Llmited èt.the.balance sheet dat omoynted to £79.91812024.. £IOL171 due from Subsidiary). Fylde Coast YMCA is connected t(> YMC4 TIu5t Duting the yEar the charify'paid rent lo thi5 Trii# of £136,340 .12024.: £6..y40). At:the B?lance Sheet date the oinount de to thg.Trnst was £85,5U12024:. £275.'189.due from Tiustl,. .21 Capltal"Cvmmltments At the 8alonee Sh¢et date.the charitsble company had.not enter¢.d Ihto capital commitmerits.12024: NIII .2z Controlling Party The.charity is'under"ihe tontrol of'a of frustpes and is J company. Ilmlt¢d by 8u3r3ntee withoLft a shère Capital. 36
FYLDE COAST YMCA, NOTES TO. THE FINANCIAL STATEMENTS {CONTINUED). FOR THE YEAR FDE0 31 MARCH 2025 Linlitd Charities. These financial ststements compnsethe accotsrttsDf Fylde Coast. YMCA.amalg3rnatinA the followinK tharities.whèie"u'nitinÈ. directions have been obtained fro'm the Charity Co"rtimission. Fylde CdastYMG4"afe operatin¥JubTrleè Cottage$ 35 a'lirbked £haTltyand'as suth, sépa.nte manègement accounts hpve beon piepared.and separate bank'fpcilr(ies arè also ln plaE 1074571-1 Jubilee Cotta4e Trust riu5t'Deed.Ilated 7 August 1979. as amend'ed by schpme of th¢.¢harlty commbsloneis dated 8 April 2Q03.as 8ftefjted bv vnltlng dirErtion made und¥3'.96 of the Chailtles.'Aet 1993 d4ted 2iiuly'2003. arnended 25 Aprtl 2018 and sub5equentJy amended by the s¢heme dated'9 April 2019. ALYSIS oP,NET ASSET5 BETW FUNDS FOR LINK'ED CHARin Unre¥lrlcted Funds R•strfcl•d Fund5 Total 202S Tanii¥*le Flxed Assets hlet Curr¢nt Asjets 1138.208 IBB,208: 188..208 188.208 Unfeslrlcied Funds RKtricted. Funds Tbtsl 2024. Tanglble Flxed As5et5 Net Current As'sets 211,056. .211.056 211.OS6.' .211.056 37