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← Sheffield Young Women's Christian Association

2025-03-31-accounts

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEF

UNG WOMEN'S CHRISTIAN ASSO

N

CONTE

port

t auditor's report

of financial activities

Balance sheet

10

Statement of cash flows

Notes to the financial statements

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

cial statements have been prepared in accordance with the accounting policies set out in note 1 to the tatements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting rting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

s and activities

24-2025, Sheffield YWCA continued to focus on the six strategic pillars of our three-year strategic plan: overnance, strategic alliances, profile, employer of choice, and quality. These priorities guide our efforts to stainability and growth in an environment where resources are diminishing, demand for services continues mpetition across the sector intensifies. This report outlines the progress made and the challenges ut the year.

Aremains committed to strengthening financial resilience through diversification and by maximising nding opportunities. This year, we reinvested reserves to secure improved returns supporting longility. We continued our involvement in the Rotherham consortium and secured ongoing National to provide a broad range of services for children and young people.

ardens premises achieved Family Hub registration, supported by funding for the delivery of Family including the “Little Blossoms” toddler group, and for the installation of a new Wellbeing Hub planned . Additionally, revenue from our charity shops increased thanks to the hard work of our volunteers and velopments reflect our strong commitment to financial stability and to meeting the rising demand for ices.

hted to welcome Cassandra Brown to the Board this year. With nearly 40 years of experience in assion for supporting women and girls into scientific careers, Cassandra brings invaluable knowledge al experience, including charitable work with ENT Malawi.

ointed in 2022, continues to provide strong leadership as a dedicated male ally, using his business xpertise to advance the organisation’s mission. 5, Diane Offers was appointed as CEO of Sheffield YWCA. She succeeded Tracy Gollins, who arch 2025 after more than 30 years of remarkable service. We remain committed to the highest overnance, ensuring accountability to our funders and maintaining our commitment to the women, amilies we support across South Yorkshire.

nces strategic alliances remains vital to our work. This year, Sheffield YWCA continued to strengthen ith statutory, business, and voluntary sector partners. We once again received generous support ers including S2S Group, Premier Partnership, Tesco, IKEA, Next, Wesco Anixter, Roy Hatfield, and

ening these alliances continues to be a major focus for the organisation, supporting service delivery and key part of our efforts under the “profile” strand of our strategic plan.

Docusign ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

FIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION TEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) HE YEAR ENDED 31 MARCH 2025

r saw significant growth in our visibility and public presence. Our Peile House staff team proudly received m of the Year” award. We continued working with a PR specialist, resulting in features in local and national ctor publications, and radio.

ighlight was the launch of our Listening Project, initiated in April 2024. This project led to the publication of Far You Have Come, a collection of poems expressing the experiences and voices of vulnerable young The book was launched during International Women’s Day events on 3 March 2025.

xperienced significant growth on social media, particularly Facebook and LinkedIn, helping to amplify our and broaden the reach of our work.

r of Choice

YWCA continues its commitment to becoming an employer of choice within the sector. We invest in staff ent, wellbeing, and a culture of continuous improvement. Our work with Investors in People plays a key intaining high standards and supporting our teams’ growth, while we strive to provide the best wellbeing ilable.

YWCA is dedicated to ensuring the ongoing quality, safety, and effectiveness of our services. This year, we ISO 9001 accreditation with 100% compliance across all areas and maintained CHAS registration.

egan working with external health and safety consultants to further strengthen our internal systems. nued toward achieving Ofsted registration, which will enable us to support more children and young

nal Safeguarding Lead and Quality Lead Officer oversee safeguarding and quality standards across also continued to host student social work placements, enriching our services and contributing to ment.

ry, Innovation, and Capacity fully retained all services. We re-tendered and secured the Green Gables contract, which we and obtained a new two-year contract for the Building Successful Families programme in g Gardens and Green Gables celebrated 20 years of delivering vital services.

serves strategically to fund posts across geographic areas, supporting innovation and

me remains strong, with successful recruitment and retention across diverse roles including befrienders, administrative volunteers, and handypeople. These contributions expand service nt support, and provide meaningful development opportunities for volunteers.

hop continues to provide significant financial support to the Peile House Project, driven by a nteers.

cere thanks to our managementt , Staff, volunteers, and partners for their unwavering ort throughout the year. Their exp e, dedication, and hard work remain essential to our ulnerable women, children, and f lies across South Yorkshire.

due regard to guidance issued b —_e Charity Commission in deciding what activities the ke.

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

FIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION EES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) E YEAR ENDED 31 MARCH 2025

| review me and expenditure of the charity for the year and the state of affairs at the end of the year are shown on to 11. The trustees are satisfied with the position of the charity at the year end. The financial statements eficit for the year of £69,684 and total funds of £1,368,726 being a decrease in funds of 4.8%.

ity aims to maintain the return-on-investment funds, and the value of the investments increased in the year 1. The charity manages its investments with the help of an investment adviser and the investment income ed to support salary costs. The charity aims to preserve sufficient funds to enable it to continue its normal

ity's main funders are local councils through Supporting People grants and housing benefits. This income the charity to provide accommodation and support for the residents. It is only with this funding that the s been able to meet its objectives.

ees have reviewed the charity's finances and consider that adequate resources are available to fund its for the foreseeable future.

policy olicy of the charity that unrestricted funds which have not been designated for a specific use should be d at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves el will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's ctivities while consideration is given to ways in which additional funds may be raised. This level of reserves maintained throughout the year.

Structure, governance and management

The Sheffield Young Women's Christian Association is a registered charity (Charity number: 1080111), and a company limited by guarantee (Company number: 03866756). The charity operates from Peile House, 255 Pitsmoor Road, Sheffield, S3 9AQ.

The Association was incorporated on 27th October 1999 and is governed by the Memorandum and Articles of Association. All powers of management and control are vested in the executive committee.

The directors/trustees are appointed at the annual general meeting. They meet periodically to consider and formulate policy. They are also responsible for the management of the charity, including the appointment and discharge of staff, the making and altering of rules, and the authority for all expenditure.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr D Forrester kson (Resigned 16 April 2025) (Resigned 30 July 2024) aines (Resigned 28 April 2025) ller wn (Appointed 21 May 2024) h (Appointed 28 April 2025)

trustees has any beneficial interest in the co _ any. All of the trustees are members of the company and o contribute £1 in the event of a winding up.

of trustees’ responsibilities s, who are also the directors of Sheffield You Women's Christian Association for the purpose of w, are responsible for preparing the Trustees __ port and the financial statements in accordance with aw and United Kingdom Accounting Standar = United Kingdom Generally Accepted Accounting

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

ng these financial statements, the trustees are required to: itable accounting policies and then apply them consistently; the methods and principles in the Charities SORP; dgements and estimates that are reasonable and prudent; ether applicable UK Accounting Standards have been followed, subject to any material departures and explained in the financial statements; and

the financial statements on the going concern basis unless it is inappropriate to presume that the charity ue in operation.

onsible for keeping adequate accounting records that disclose with reasonable accuracy at | position of the charity and enable them to ensure that the financial statements comply with the . They are also responsible for safeguarding the assets of the charity and hence for taking e prevention and detection of fraud and other irregularities.

company's articles, a resolution proposing that Knowles Warwick Audit Services Limited be of the company will be put at a General Meeting.

s approved by the Board of Trustees.

=DocuSigned by:

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IELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION NDENT AUDITOR'S REPORT TRUSTEES OF SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

udited the financial statements of Sheffield Young Women's Christian Association (the ‘charity’) for the 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of and notes to the financial statements, including significant accounting policies. The financial reporting that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, inancial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of ited Kingdom Generally Accepted Accounting Practice).

ion, the financial statements: a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its ing resources and application of resources, for the year then ended; been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

been prepared in accordance with the requirements of the Companies Act 2006.

s pinion e ted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable . sponsibilities under those standards are further described in the Auditor's responsibilities for the audit of f | statements section of our report. We are independent of the charity in accordance with the ethical u ts that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical an and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe t dit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. n ns relating to going concern au the financial statements, we have concluded that the trustees’ use of the going concern basis of co in the preparation of the financial statements is appropriate.

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

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

Other information

e other information comprises the information included in the annual report other than the financial statements d our auditor's report thereon. The trustees are responsible for the other information contained within the annual ort. Our opinion on the financial statements does not cover the other information and we do not express any form assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider ether the other information is materially inconsistent with the financial statements or our knowledge obtained in course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies apparent material misstatements, we are required to determine whether this gives rise to a material misstatement the financial statements themselves. If, based on the work we have performed, we conclude that there is a terial misstatement of this other information, we are required to report that fact.

e have nothing to report in this regard.

tters on which we are required to report by excep e have nothing to report in respect of the following ma in relation to which the Charities (Accounts and ports) Regulations 2008 requires us to report to you i our opinion: the information given in the financial statements is — onsistent in any material respect with the trustees’ report; or

sufficient accounting records have not been kept; the financial statements are not in agreement with accounting records; or we have not received all the information and expla __ions we require for our audit.

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our btain reasonable assurance about whether the financial statements as a whole are free from mate , whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reas e is a high level of assurance but is not a guarantee that an audit conducted in accordance with ays detect a material misstatement when it exists. Misstatements can arise from fraud or error ed material if, individually or in the aggregate, they could reasonably be expected to influence thee s of users taken on the basis of these financial statements. As auditor, in accordance with ISAs ercised professional judgement and maintained professional scepticism throughout the audit. The r procedures are capable of detecting irregularities, including fraud, is detailed below. Wea eptibility of the company’s financial statements to material misstatement, including how fraud migh ries of management as to where they considered there was susceptibility to fraud, their actual, suspected and alleged fraud; and he internal controls in place to mitigate risks of fraud and non-compliance with laws and

In re

of revenue recognition, we; alytical procedures to identify unusual transactions; and tailed substantive testing across all revenue streams

In re of fraud through management bias and override of controls, we: alytical procedures to identify unusual transactions; ether judgements and assumptions made in determining the accounting estimates were otential bias; and he rationale behind significant or unusual transactions. In re of irregularities and non-compliance with laws and regulations, we designed procedures whic re not limited to: ncial statement disclosures to underlying supporting documentation Enquiring of management as to actual and pote _| litigation and claims; and Reviewing correspondence with HMRC and oth _ elevant parties. A fur description of our responsibilities is available 0 | e Financial Reporting Council’s website at: https:// www _ .org.uk/auditorsresponsibilities. This description s part of our auditor's report.

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

r report

t is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts ations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees e required to state to them in an auditor’s report and for no other purpose. To the fullest extent do not accept or assume responsibility to anyone other than the charity and the charity’s for our audit work, for this report, or for the opinions we have formed.

[StowDocuSigned bowlesby: ROMECA (Senior Statutory Auditor)

f Knowles Warwick Audit Services Limited, Statutory Auditor nts

udit Services Limited is eligible for appointment as auditor of the charity by virtue of its eligibility auditor of a company under section 1212 of the Companies Act 2006.

Docusign Envelope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

SHEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025

The company is entitled to the exemption from the audit re ded 31 March 2025.

tained in section 477 of the Companies Act

ledges her responsibilities for complyin uirements of the Companies Act 2006 with records and the preparation of financ s.

ot required the company to obtain an ancial statements under the requirements t 2006, for the year in question in acco ection 476.

ments have been prepared in accorda rovisions applicable to companies subject es regime.

nts were approved by the trustees on sees

[SsDocuSigned by:

number 03866756 (England and Wa

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Docusign elope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

HEFFIELD YOUNG WOMEN'S CHRISTIAN ASSOCIATION

OTES TO THE FINANCIAL STATEMENTS (CONTINUED) R THE YEAR ENDED 31 MARCH 2025

Accounting policies

Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured transaction price including transaction costs and are subsequently carried at amortised cost usin interest method unless the arrangement constitutes a financing transaction, where the transactio measured at the present value of the future receipts discounted at a market rate of interest. Fina classified as receivable within one year are not amortised.

cial liabilities ial liabilities, including creditors and bank loans are initially recognised at transaction ent constitutes a financing transaction, where the debt instrument is measured at th future payments discounted at a market rate of interest. Financial liabilities classified ear are not amortised.

ents are subsequently carried at amortised cost, using the effective interest rate method.

ors are obligations to pay for goods or services that have been acquired in the ordinary course of rom suppliers. Amounts payable are classified as current liabilities if payment is due within one . If not, they are presented as non-current liabilities. Trade creditors are recognised initially at price and subsequently measured at amortised cost using the effective interest method.

ion of financial liabilities bilities are derecognised when the charity’s contractual obligations expire or are discharged or

0 enefits any unused holiday entitlement is recognised in the period in which the employee’s services are

benefits are recognised immediately as an expense when the charity is demonstrably committed the employment of an employee or to provide termination benefits.

1 benefits defined contribution retirement benefit schemes are charged as an expense as they fall due.

ounting estimates and judgements

ation of the charity’s accounting policies, the trustees are required to make judgements, estimates ptions about the carrying amount of assets and liabilities that are not readily apparent from other e estimates and associated assumptions are based on historical experience and other factors that red to be relevant. Actual results may differ from these estimates.

ates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting are recognised in the period in which the estimate is revised where the revision affects only that in the period of the revision and future p s where the revision affects both current and future

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Docusign lope ID: 0213CFE2-D2C9-4E96-981 1-A75EC555EC29

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TES TO THE FINANCIAL STATEMENTS (CONTINUE

R THE YEAR ENDED 31 MARCH 2025

Analysis of changes in net funds

At1 Cc 31M

Cash at bank and in hand

Loans falling due within one year Loans falling due after more than one year