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|||||Page|
|---|---|---|---|---|
|ReferenCe and admlnletratlVe||detalle Ofthe COmpany,|ile Tr'ueteee and adviSerS|1-2|
|Chairman's|statement||||
|Trustees' report||||4 —24|
|Independent|auditors'
report|on the financial statements||25-28|
|Consolidated|balance sheet|||31-32|
|Company
balance sheet||||33-34|
|Consolidated|statement
ofcash flows|||35|
|Notes to the|financial statements|||37-55|
||||YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|
|---|---|---|---|---|---|---|---|---|
||||(A company||limited||by guarantee)||
|REFERENCE AND ADMINISTRATIVE||||DETAII.SOF THE COMPANY, ITSTRUSTEES AND ADVISERS|||||
||||FOR THE YEAR ENDED 31 MARCH 2021||||||
|Trustees|||JOakley, Chair|(appointed||17|November|2020)|
||||S Balogun||||||
||||G England||||||
||||R Hill||||||
||||J Rows (resigned 17November||||2020)||
||||M Shenton
(appointed||18May||2021)||
||||G Stonyer||||||
||||P Tomlinson
(appointed||17|November 2020)|||
||||P Walker (appointed
19May 2020)||||||
||||A Walsh||||||
||||JWelsby||||||
|Company
number|registered||41 'I6412||||||
|Charity registered|||||||||
|number|||1086320||||||
|Registered||office|38Carters Green||||||
||||West Bromich||||||
||||West Midlands||||||
||||B709LG||||||
|Company|secmtary||S C Ciay||||||
|Chief executive officer|||SCClay||||||
|independent||auditors|WR Partners
Chartered
Accountants||&~tutory Auditcrs||||
||||Belmont House||||||
||||Shrewsbury
Business||Park||||
||||Shrewsbury||||||
||||Shropshire||||||
||||SY26LG||||||
|Bankers|||Unity Trust Bank PLC||||||
||||Four Brindley|Place|||||
||||Birmingham||||||
||||B12JB||||||
|Internal Auditor|||MFG Solicitors LLP||||||
||||Pamore House
Hail Court||||||
||||Hall Park Way||||||
||||Overdale||||||
||||Telford||||||
||||TF34LX||||||
|REFERENCE|AND ADMINtSTRATIVE
DETAILS OFTHE COMPANY, ITSTRUSTEES AND ADVISERS|AND ADMINtSTRATIVE
DETAILS OFTHE COMPANY, ITSTRUSTEES AND ADVISERS|AND ADMINtSTRATIVE
DETAILS OFTHE COMPANY, ITSTRUSTEES AND ADVISERS|AND ADMINtSTRATIVE
DETAILS OFTHE COMPANY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|
|||(CONTINUED)|||
|||FOR THE YEAR ENDED 31MARCH 2021|||
|Solicitors (Human||Irwin Mitchell Solicitors|||
|Resources)||31 Temple Street, Birmingham,
B25OB|||
|||Anthony
Collins|||
|||134Edmund
Street, Birmingham, 832ES|||
|Solicitors (Operations 8||Wright Hassall LLP|||
|Developments)||Olympus
Avenue,
Royal Leamington
Spa, Warwick. CV346BF|||
|||FBCManby Bawdier LLP|||
|||Routh House,
Hali Park Way, Overdale,|Telford. TF34hlJ||
|Chief Officer Team||Chief Corporate
Ofgcer - Jill Law|||
|||Chief Operations
Officer (Places) - Sally|Cowan||
|||Chief Operations
Officer (Programmes)|-Joanne Goldie (Appointed|1 July 2020)|
|Registered
Provider of||L4550|||
|Social Housing|Number||||
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|3tieteglc repo|3tieteglc repo|rt (continued)|rt (continued)|
|---|---|---|---|
|Achievements||and performance
(continued)||
|Walsall|Central||Since restrictions
have lifted our Community
Development
Programme"
has resumed
from the Small Street Centre reducing
isolation
in the|
||||community,
created
in part due to lockdowns. The programme
has
providmg asafe space for cornmunrty
members
to meet other people, and|
||||to engage
with a variety ofsupport
from the available
mentors
on
site. Support has been provided
with health and wellbeing,
benefits,|
||||information
advice and guidance
and supported
inta training
or|
||||employment.
We have also been delivering
Make it Click, a range of on|
||||fine digital
skills courses in partnership
with the Good Things Foundation.|
||||Programmes
at the Glebe Centre
have provided
services for homeless|
||||and vulnerable
people in the local area. Throughout
the pandemic
hot food
hss been provided
on atake away basis and SerVioe ueerS have
still been|
||||able to access showers
and washing
facilities. Throughout
the first penod
of lock down, the Glebe staff also prepared
and defivered
over 1,000
meals to vulnerable
people
in the community.|
||||In addition to providing
premises
for nursery
provision,
the Small Street
Centre has provided
office and meeting spaces *for local organisations
tc develop and deliver their own programmes.
During
the year, this space|
||||was utilissd
by Lichfield Diocese, and Manor Farm Community
Association, as well as providing
ofFicespace for the YlvlCA's Buildmg
Better Opporlunities
programme.
The pandemic
significantly
reduced the
use ofoflices and meeting spaces and related income was much lower|
||||than normal.|
|West
Central|Bromwich||The Ygym and Coffee Shop at Western
Gateway
remained
closed for
maiority
Ofthe period
April 2020 —March 2021 due tc restrictions
imposed
by the Government
on gym and leisure facilities.
Staffwere placed on
furlough
whilst the facilities remained
closed. Gym Member direct debits|
||||were frozen whilst the gym remained
closed.|
||||Western Gateway's
Starter and Social Business Units —Despite the
offer ofa payment
holidays to support
organisations
to retain their|
||||tenancies,
occupation hss fallen to around 25%.Similarly
hire ofmeeting
spaces has been hugely affected throughout
this period with no|
||||conferencing
taking place at all.|
##
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|Strategic report|(continued)|(continued)|
|---|---|---|
|Achievements|and|performance
(continued)|
|BlaCk Country-
Wide||Our
Mentorlng
Advice
& Guidance
Programme,
Building
Better
Opportunities
continued
with mentors
working
from home and supporting
50 individuals
with benefits,
IAG and help accessing health
and wellbeing|
|||seivlces.|
|||We purrhased
Litmus, a new online
learning
ptafform
at the end of this
period.
Litrnos is en interactive
online learning
platform which will raise the
profile
of learning
and
development
within
the
organisation
in
future
years.
In addition
it allows YMCA to develop
and market
on'line
training
courses end programmes
in the future.|
|Woiverhampton-
Wide||The Yauth Work Programme,
Head Start, a health and wellbeing
prograinme
for 8-14year olds adapted
its delivery to provide online
sessions and artivities.
Activity packs and boxes were delivered to
families with ag available
materials
provided
foryoung people to continue
engaging
in activities such as cook and eat sessions, craR sessions, and
physical
activity, etc. Engagement
with these acsviNies increased
duriing
the period of lorkdown,
widening
project reach beyond
the initial areas of
Springfield,
Heath Town, Park Village,
Old Heath, Esstfield,
All Saints,
Blakenhall,
Parkfields
and Ettingshaa
areas. On average 68 sessions per
quarter
warn
delivered
with an attendance
of1,176young
people.|
|||The Adult Learning Contract'
was extended
in August 2020 for an
additional
twelve months. YMCA have delivered
English, Maths, and ICT|
|||classes online and with printed workbooks ta support
learners
in
continuing
their learning
throughout
the periods of lockdown. Over the
three courses, 60 sessions were delivered,
supporting
27 individuals
to|
|||access learning
opportunities,|
|||In December 2020, we were selected 1obe a Klcketak Gateway"* for
YMCA end twa local voluntary
organisations.
This programme
provides 6
month employment
cantracts for young people aged 16-24who require
experienoe ofthe job market end who may need support
in acoessing
employment
opportunities.
As at 31 March 2021, we had one successful
Kickstart Placement,
increasing
to five by September 2021.|
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|Committee|Remit||Composition|Composition|
|---|---|---|---|---|
||||Trustees|Governance|
|||||Mem,|
|Finance Audit
&Risk
6/year|Finance policy, financial
performance
&organisational
delivery,
budget scrutiny
corporate risk, internal
audit||Geoff Stonyer (Ch.)
Robert Hill
Jeremy Oakley (non-
vogn9)|Hazel
Bloxhsm
Enc Moore
Jonathan
Rows|
|Safeguarding
6/year|Safeguarding
Policy, reports,
incidents
and claims, trends||Gsoff Stonyer (Ch.)
John Welsby|Hazel
Bloxham|
||and actions||||
|Governance|Governance
cods, Trustee||John Welsby (Ch.)||
|Development|succession,
training
&||Seinde Balogvn||
|3/year
Capital
Projects
3/year|Current and future capital
development||Phil Walker (Ch.)
Grace England
Gsoff Stonyer
John Welsby|Eric Moore|
|Human|HR &Ethos Policy, I-lR KPls,||Anna Welsh (Ch.)||
|Resources|employee
relations and claims,||||
|2/yser|trends snd actions. GOR||||
||oats.||||
|Health 8|Health 8 Safety Policy,||Ssinde Balogvn (Ch.)||
|Safety
2 ear
/y
Executive|reports,
incidents
8 claims,
trends and actions
Chief Officer remuneration,||Phil Walker
Anna Welsh (Ch.)||
|Remuneration|CEO svpenrision
&review,||Jeremy Oakley||
|1/year|Chief Officer appointments|8|||
||svccessloh||||
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||||2021|2020|
|---|---|---|---|---|
|||Note|8||
|Turnover||3|4,949,431|4,902,988|
|Operating
Expenditure||5|~4522 770|~4640 600|
|Operating
Surplus|||428,881|253,287|
|Finance Income
Interest Payable|||2,884
~202|4,181
~77 697|
|Surplus forthe year|||3T3,063|179,771|
|Total comprehensive|income for the year||373063|17077
1|
##
##
##
|Turnover||8,437,021|6,849,137|
|---|---|---|---|
|Operating
Expenditure||F557 9 586)|~9588 337|
|Operating
Surplus||677,466|282,800|
|Finance Income
Finance Payable||2,664
~58 252)|4,181
~77697|
|Surplus forthe year||621,867|189,284|
|Total comprehensive|income for the year|621 867|189284|
##
||||CONSOLIDATED|CONSOLIDATED|BALANCE SHEET|||
|---|---|---|---|---|---|---|---|
|||||AS AT 31|MARCH 2021|||
||||||2021||2020|
|||||Note|E|||
|Fixed assets||||||||
|Housing
properties||||11|12,990,015||11,682,255|
|Tangible assets||||12|923,816||943,425|
||||||13,913,831||12,625,680|
|Current assets||||||||
|Stocks||||13|238|238||
|Debtom||||14|530,242|688,441||
|Cash at bank and in hand|||||2,544,458|3,215,002||
||||||3,174,938|3,903,681||
|Creditors: amounts|falling due within||one|||||
|year||||15|(1,208,426)|(1,107,966)||
|Net current assets|||||1,966,512||2 795,715|
|Total assets less current liabilities|||||15,880,343||15,421,395|
|Creditors: amounts
than one year|falling due ailer||more||(2,290,226)||(2,427,995)|
|Net assets excluding||pension
liability|||13,590,117||12,993,400|
|Defined benefit pension||scheme liability||21|(104,364)||(129,504)|
|Total net assets|||||13,485,753||12,863,896|
##
|||||COMPANY BALANCE SHEET|COMPANY BALANCE SHEET|||
|---|---|---|---|---|---|---|---|
|||||AS AT 31 MARCH 2021||||
||||||2021||2020|
|||||ltote|6|||
|Fixed assets||||||||
|Housing
properties||||11|12,990,015||11,582255|
|Tangible assets||||12|211,853||210,883|
||||||13,201,868||11,893,138|
|Current assets||||||||
|Debtors||||14|424,646|770,571||
|Cash at bank and in|hand||||1,411,846|1,157,874||
||||||1,836,493|1,938,245||
|Creditors: amounts|falling||due within one|||||
|year||||15|(1,716,976)|(773,802)||
|Net curmnt assets|||||120,518||1,164,443|
|Total assets less current|||liabilities||13,322,386||13,057,581|
|Creditors: amounts|falling||due after more|||||
|than one year||||15|(2,290,226)||(2,373,343)|
|Net assets excluding||pension
liability|||11,032,160||10584,238|
|Defined benefit pension||scheme liability||21|(104,364)||(129,504)|
|Total net assets|||||10,927,796||10,554,734|
##
##
|roup Statem|ent ofChan|g|es
in Equit|y|y|||||
|---|---|---|---|---|---|---|---|---|---|
||||Revenue|Designated||Revaluation|Restricted|||
||||Reserves||Reserves|Reserves|Reserves|2021|2020|
||||E||E|E|E|E|E|
|At 1 April|||7,694,946||1,969,000|2,830,681|369,268|12,863,896|12,674,612|
|2020transfer|adjustment||934,997|—|934,997|||||
|Surplus for the year||-|285,281||899,967||7,171|621,857|189,284|
|Transfers|||747,195|-|747,195|||||
||||9p091~857||1p186p775|2,830,681|376,439|13~,753|12,863,896|
||Revenue|Designated|Revaluation|Restricted|||
|---|---|---|---|---|---|---|
||Reserves|Reserves|Reserves|Reserves|2021|2020|
|||E|E|E|E|E|
|At 1 April|5,758,864|1,941,192|2,830,681|23,994|10,554,734|10,374,963|
|2020transfer adjustment|934,997|934,997|||||
|Surplus for the year|369,574|||3,488|373,063|179,771|
|Transfers|747,195|747,195|||||
||7,810,632|259,000|2,830,681|27,482|10,927,797|10,554,734|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|||
|Cash flows from operating|activities||||||
|Net cash used in operating|activities|||17|1,052,789|712,328|
|Cash flows from investing|activities||||||
|Dividends,
interests and rents from investments|||||2,654|4,181|
|Purchase oftangible
fixed assets|||||(83,159)|(1,285, 840)|
|Purchase ofhousing
properlies|||||(1,459,426)||
|Net cash used
in investing|activities||||(1,539,931)|(1,261,459)|
|Cash flows from financing|activities||||||
|Repayments
of borrowing|||||(83,402)|(72,785)|
|Net cash used in financing|activities||||(83,402)|(72,785)|
|Change
in cash and cash|equivalents|In|the year||(570,544)|(021,918)|
|Cash and cash equivalents|at the beginning||ofthe year||3,215,002|3,838,920|
|Cash and cash equivalents|at the end|of|the year|18|2,644,468|3,215,002|
##
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|Turnove,
Operating|Costs and|Operating
Surplus|Operating
Surplus||||
|---|---|---|---|---|---|---|
|Group|2021|2021|2021|2020|2020|2020|
||Turnover|Operating|Operating|Turnover|Operating|Ope rating|
|||Expensesf|Surplusf|E|Expenses
E|Surplus
E|
|Expenditure
from|||||||
|le(ange|||||||
|Accommodston|5,123,870|(3,674,764)|tr448,905|5,194,355|(3,007,097)|2,187,259|
|Other Income &|||||||
|Expenditure|||||||
|CornmunityActivities|1,216,099|(2,0842I02)|(868,703)|1,329,874|(3,579440)|(2,249,355)|
|Donations|41,266||41,288|75,207||75,207|
|Ofter Income|(133,956)||(133,966)|249,7DD||249,7DD|
|Furlough
Income|189,a42||189,942||||
|Total|BA37,021|(5,759,666)|677i455|5,849,137|(5,586,337)|262,800|
|Company|2021|2021|2021|2020|2020|2020|
||Turnoverf|Operating
Expenses
f|Operating
Surplus
E|Turnover
f|Operating
Expenses|Operating
Surplus
f|
|Expenditure
from|||||||
|hrtdngs|||||||
|Accommodation|2,802,534|(2,365,381)|437,163|2,754,384|(2,455,564)|308,820|
|Other Income &|||||||
|Expenditure|||||||
|CommunityActivities|546,460|(2,155,389) -|1,808,929|536,247|(2,194,135)|(1,557,888)|
|Donations|13,507||13407|62,204|-|62,204|
|Other Income|1,616,701||1,616,701|1,540,151||1,540,151|
|Furlough
Income|70,229||70,229||||
|Total|4,949831|(4,620,770)|428,661|4,902,986|(4,549,599)|253,257|
##
##
|urnover from lett|ings|||||
|---|---|---|---|---|---|
|||Group|Group|Company|Company|
|||8||2||
|||2020|2019|2021|2020|
|Income from let0ngs||||||
|Rent receiurble||3,634,810|3,482,802|2,553,789|2,497,961|
|Net Rent Receivable||||||
|Supporting
people|- grant|140,000|492,390|105,000|105,000|
|Supported
lodgings||143,746|161,423|143,745|161,423|
|Total income from|lettings|3,$18,555|4,136,B15|2,802,534|2,764,384|
|Rent Losses from|acids|464,731|308,145|325,070|170,479|
##
##
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2021f|2020f|2021f|2020f|
|People Related||36,006|66,813|11,763|35,674|
|Premises
Related||788,778|700,958|554,931|570,888|
|Oflice Costs||34,662|30,547|28,980|27,533|
|Direct Actftfty Costs||339,955|346,312|289,405|300,715|
|Other Direct Expenses||89,212||||
|Other Operating|Omrhead|71,588|82,498|21,967|19,859|
|Recharges||||722,200|573,667|
|Bad Debts||107,SOS|127,537|S2,145|88,326|
|Bank Charges||781|1,153|||
|Trawl Costs||1,165|8,4S3|||
|Pmgramme
Delivery||218,773|171,035|||
|Salaries||1,611,S10|1,134,940|446,025|525,035|
|NIC||98,405|81,314|34,720|40,767|
|Pension||40,244|29,187|13,766|16,357|
|Depreciation||235,579|205,515|159,481|179,044|
|Total Operating|Coals from LetSngs|3,674,767|2,984,291|2,365,383|2,377,866|
|Other Operating|Costs|2,084,799|3,602,046|2,155,387|2,271,831|
|Total Operabng|costs|5,759,566|6,586,337|4,520,770|4,649,697|
##
##
##
##
##
||||Group
2021f|Group
2020|Company
2021f|Company
2020f|
|---|---|---|---|---|---|---|
|Loan|Interest|payable|58,252|77,697|58,252|77,697|
||||58,262|77,697|58,252|77,697|
##
##
|This is stated after charg|ing:|||
|---|---|---|---|
|||2021f|2020|
|Depreciation
oftangible|fixed assets|102,768|125,086|
|Depreciation
ofhousing
Auditors
remuneration|properties|151,666
19,200|161,628
18,500|
|Operating
lease rentals||411,730|387,688|
##
|Staff costs||||||||
|---|---|---|---|---|---|---|---|
|||||Gmup
2021f|Group
2020|Company
2021f|Company
2020|
|Wages and salaries
Social security costs||||2,809,339
199,410|3,331,042
226,990|1,743,554
135,726|1,772,505
137,628|
|Contribution
schemes|lo defined|contribution|pension|80,291|86,106|53,813|55,220|
|||||3,189,040|3,644,138|1,933,092|1,965,353|
##
##
##
||||Group|Group|
|---|---|---|---|---|
||||2021|2020|
||||No.|No.|
|Average|staff|numbers|178|178|
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||No.|No,|
|In|the|band|f70,001|—f80,000|1|1|
##
|Directors' and Senior Executives
Em|oluments||||
|---|---|---|---|---|
||Group|Group|Company|Company|
||2021
5|2020
f|2021
f|2020
f|
|Emo!uments|238,887|190,998|63,798|72,582|
|Pension contributions|15,463|27,879|10,347|17,980|
||254,350|218,877|74,145|90,522|
##
|||YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP|YMCA BLACK COUNTRY GROUP||
|---|---|---|---|---|---|
|||(A company|limited|by guarantee)||
|||NOTES TO THE|FtNANCIAL STATEMENTS|||
|||FOR THE YEAR ENDED 31 MARCH 2021||||
|11.|Housing
Properties|||||
||Group and Company|||||
||||||Housing|
||||||Propertiesf|
||Cost|||||
||At 1 April 2020||||12,429,299|
||Additions||||1,459,426|
||At 31 March 2021||||13,888,725|
||Depreciation|||||
||At 1 April 2020||||747,044|
||Charge for the year||||151,666|
||At 31 March 2021||||898,710|
||Net book value|||||
||At 31 March 2021||||12,990,015|
||At 31March 2020||||11,662,255|
##
##
||Long-term|Fixtures|||Other||
|---|---|---|---|---|---|---|
||leasehold|and|Oflice|Computer|fixed||
||property|fittings
f|equipment
f|equipment
f|assets
f|Total
f|
|Cost orvaluation|||||||
|At 1 April 2020|1,234,839|879,778|167,629|74,552|9,000|2,356,798|
|Additions|10,555|31,640|||40,964|83,159|
|At 31 March 2021|1,246,394|911,418|167,629|74,652|49,964|2,448,957|
|Depreciation|||||||
|Al 1 April 2020|534,295|670,325|160,662|67,091|-|1,422,373|
|Charge for the year|84,924|28,970|4,942|3,932|-|102,768|
|At 31 March 2021|689,219|699,295|155,604|71,023||1,525,141|
|Net book value|||||||
|At 31 March 2021|646,175|212,123|12,025|3,629|49,964|923,816|
|At31Nfarch 2020|700,544|209,453|16,967|7,46f|9,000|943,425|
##
##
##
##
##
|||Long-term||||
|---|---|---|---|---|---|
|||leasehold|Fixtures and|Computer||
|||property
6|fittings
E|equipment
6|Total
8|
||Cost or valuation|||||
||At 1 April 2020|167,036|266,253|22,280|445,569|
||Additions||29,099||29,099|
||At 31 March 2021|157,036|295,352|22,280|474,668|
||Depreciation|||||
||At 1 April 2020||219,323|15,363|234,686|
||Charge for the year|6,004|18,321|3,804|28,129|
||At 31 March 2021|6,004|237,644|19,167|262,815|
||Net book value|||||
||At 31 March 2021|151,032|57,708|3,113|211,863|
||At 3f lÃarcir 2020|f57,036|46,930|6,917|210,883|
|13.|Stocks|||||
|||||Group|Group|
|||||2021|2020|
|||||6||
||Food for nurseries|||238|238|
##
##
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2021
f|2020
f|202'I
f|2020
f|
|Due within one year|||||||
|Trade debtors|||3S3,258|486,836|308,995|332,946|
|Amounts
owed by group undertakings|||||16,781|332,083|
|Other debtors|||28,857|66,943|28,401|18,204|
|Prepayments
and accrued income|||118,127|134,660|70,468|87,338|
||||530,242|688,441|424,645|770,571|
|Provisions for bad and doubfful||debls included above for the group are f167,705 (2020:f120,375).|||||
|Provaons
for bad and|doubtful|debts included above for the company are f142,824(2020:f91,778).|||||
|Rent arrears included
within the above for the group are f498,477 (2020:f430,153)and for the company
are f414,547 (2020:f316,519).|||||||
|Creditors: Amounts|falling due within one year||||||
||||Group|Group|Company|Company|
||||2021f|2020|2021
6|2020f|
|Bankloans|||81,114|81,399|81,114|81,399|
|Trade creditors|||460,470|227,948|436,827|155,282|
|Amounts
owed to group underlakings|||||67S,139||
|Other taxation and social secunty|||27,104|42,648|23,302|13,050|
|Other creditors|||166,173|84,373|160,461|21,717|
|Accruals and deferred|income||453,565|671,598|336,132|492,354|
||||1,208,426|1,107,966|1,716,975|773,802|
##
##
##
##
##
|||||||Group
2021|Group
2020|Company
2021|Company
2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||8||6||
|Bank loans||||||2,290,226|2,373,343|2,290,226|2,373,343|
|Other creditors|||||||54,652|||
|||||||2,290,226|2,427,995|2,290,226|2,373,343|
|Included
within the above are amounts|||||falling|due as follows;||||
|||||||Group
2021|Group
2020|Company
2021|Company
2020|
|||||||E||F|E|
|Between one and two years||||||||||
|Bank loans||||||83,682|81,114|83,582|81,114|
|Between two and five years||||||||||
|Bank loans||||||174,687|169,531|174,687|169,531|
|Over five years||||||||||
|Bank loans||||||2,031,957|2,122,698|2,031,957|2,122,598|
|The aggregate||amount of liabilities||payable||or repayable
wholly|or in part more than five||years after the|
|reporting
date is:||||||||||
|||||||Group
2021|Group
2020|Company
2021|Company
2020|
|||||||8||8|E|
|Repayable|by|instalments||||||||
|Payable or|repayable||by instalrnents|||2,031,957|2,122,698|2,031,957|2,122,898|
|||||||2,031,957|2,122,698|2,031,957|2,122,698|
##
##
##
|||||||||Group|Group|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||E||
||Net income for the year|||||(as per Statement ofFinancial Activities)||621,857|189,285|
||Adjustments||for:|||||||
||Depreciation||charges|||||254,434|286,714|
||Interest income|||||||(2,654)|(4,181)|
||Decrease|in|debtors|||||158,199|60,263|
||Increase|in creditors||||||46,093|205,642|
||Decrease|in|provisions|||||(25,140)|(25,397)|
||Net cash|provided||by||operating|activities|'I,052,789|712326|
|18.|Analysis|of|cash and||cash equivalents|||||
|||||||||Group|Group|
|||||||||2021|2020|
||||||||||6|
||Cash in hand|||||||2,644,458|3,215,002|
||Total cash and cash||||equivalents|||2,644,458|3,215,002|
|19.|Analysis|of|changes||in net debt|||||
||||At 1 April||At 31 March|
|---|---|---|---|---|---|
||||2020|Cash flows|2021|
|||||6|6|
||||6|||
|Cash|at bank and in hand||3,215,002|(570,544)|2,644,458|
|Debt|due within|1 year|(81,399)|285|(81,114)|
|Debt|due after|1 year|(2,373,343)|83,117|(2,290,226)|
||||760,260|(487,142)|273,'I18|
##
##
##
##
##
|Reconcili|ation of|opening
and closin|g provision||
|---|---|---|---|---|
||||2021|2020|
||||6||
|Provision|at the start ofthe year||129,504|154,901|
|Deficit contribution||paid|(25,140)|(25,397)|
||||104,384|'129,504|
##
|payments|und|er noh-cancellable
operating
lea|ses as follows:||||
|---|---|---|---|---|---|---|
||||Group|Group|Company|Company|
||||2021|2020|2021|2020|
||||6||8|6|
|Not later than||1 year|396,180|412,646|136,880|176,563|
|Later than|1 year and not later than 5years||483,182|510,054|289,800|313,763|
|Later than|5years||162,600|38,000|||
||||1,060,872|960,700|408,680|490,326|
##
##
##
|Transactions
with Non-Regulated|Transactions
with Non-Regulated|Transactions
with Non-Regulated|Subsidiaries|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|E|
|Management
Charge||Expenditure||||
|YMCA|Wolverhampton|||||
|YMCA|Walsall|||||
|Rental|Expenditure|||||
|YMCA|Wolvsrhamptcn|||115,248|47,221|
|YMCA|Walsall|||30,709|20,000|
|Premises Related
Expenditure||||||
|YMCA|Wolverhampton|||||
|YMCA|Walsall|||||
|Management
Charge||Income||||
|YMCA|Wolverhamplcn|||289,490|276,721|
|YMCA|Walsall|||90,588|57,556|
|Rents I|Income|||||
|YMCA|Wolverhampton|||97,852|79,600|
|YMCA|Walsall|||60,000|60,000|
|Pmmises Related Income||||||
|YMCA|Woiverhampton|||43,784|33,600|
|YMCA|Walsau|||6,360|6 360|
##