Yn¢A
YMCA South Devon
(A company limited by guarantee)
Company Registration Number: 04183050
Charity Registration Number: 1086783
Annual report and Financial Statements for the
Year Ended 31 August 2024

YMCASouth Devon
Contents
Contents
Page
Relerence and Adminlstratlve Details
Trustees. Report
Independent Examiners Report
10
Statement of Flnancial Actlvltles
11
Balance Sheet
12
Ca8hflow statement
13
Notes to tho Financlal Statements
14-24

YMCA South Devon
Reference and Administrative Details
Charlty Name
YMCA South Devon
Charity Reglstration Number
1086783
Company Registration Number
04183050
Principal Office
Dartmouth Road
Paignton
Devon TQ4 6NX
Registered Office
Dartmouth Road
Paignton
Devon TQ4 6NX
Trustees
Wendy Thomas- Chair of the board Trustees
Tanya Alford-Howard ( appointed 2015124)
James Devonport
Maria Goodwin
Rachel Murch
Johanna Morrell (resigned 2171241
Patric Stapleton
Nicholetta Holmes (resigned December 2023)
Clare Talbot
Alison McSparron-Edwards
David Gledhill
Directors
WendyThom8s (appointed 1212124)
Tanya Alford-Howard ( appointed 20151241
James Devonport
Rachel Murch
Johanna Morrell (resigned 2n124)
Patric Stapleton
ALison McSp8rron-Edw8rds
David GLedhill
Company Secretary and Chlef
Executive
Maria Goodwin
Bankers
HSBC PLC
7 Palace Avenue
Paignton
TQ3 3ED
Accountants
lan Barrett
Barretts Chartered Accounts and Chartered Tax
Advisers
22 Union Street
Newton Abbot
TQ12 2JS

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
The Trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their annual report together with the financial statements of YMCA South Devon (the
company) forthe year ended 31 August 2024. The legal and administrative information set out on
page one forms part of this report.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK8nd Republic of Ireland {FRS 102) (effective
1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees are elected to the board at the annual general meeting. AIL trustees have to be 8 full
member of the association. The board has the powerto co-opt someone to the board in between
Annual meetings. but that person must either step down or be fully elected atthe followlngAGM.
Only full members are able to vote and there must be at least five full members present to form
8 quorum.
The Board of Trustees of up to flfteen members, who meet at Le8St quarterly, administers the
charity. A Chief Executive Is appointed by the Trustees to man8ge the day-to-d8y operations of
the charity.
It is the policy of YMCA South Devon not to unduly put any of its financial assets, staff or
operations at risk. Internal risks are minimised by the implementation of procedures of policies
for authorisstion of all transactions and projects and to ensure consistent quality of delivery for
all operation aspects of the charity. These procedures are periodically reviewed to ensure that
they still meet the needs of the charity.
OVERALL MISSION OFTHE YMCA MOVEMENT
The overall mission of the YMCA movement is to supportyoung people to improve their life
conditions by:
educating and inspiring them to fulfil their potentlal
supporting those who are vuLnerable and in need
providing leisure and other recreational activities
YMCASOUTH DEVON'SAMBITIONSANDACTIVITIES
YMCA South Devon is a charity and a christian based association, which encourages the young
people we work with to embrace and follow christian values.
To achieve the above mission we aim to".
1. Improve the lives of children and young people by:
identifying needs and providingtailored e8rly interventions
providing a safe place forthem and their families to thrive and reach their potential
supportirsg those who are vulnerable and at risk

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
2. Ensure thatthe work we do contributes to the wellbeing of the community as a whoLe by:
raising aspirations of children and young people
helping to reduce 8nti-social behaviour
preventing homelessness
encouraging our young people to make 2 contribution to society by engaging in
education, training and employment
3. Create 8 community hubwhere people can come togetherto Learn, socialise and develop
skills and relationships
WHOWEWORKWITH
1. We provide seniices for children 8nd young people aged between O and 25
2. Extend our re8ch into the followlng groups wlth the 8im of 8chl8vlng positive outcomes
for:
early years aged 0-5
children and young people aged 5-16
young people post 16 to 25
parents, families and c8rers
young people at risk of losing their home
the community
HOWWE WORK
To achieve our ambitions we:
1. Ensure that we recruit and retain sufficient staff for continuous delivery of services.
2. Ensure that st8ff:
receiv8 the best support and trainingto fulfil their accountabilities with confidence
understand the overall purpose of the YMCA and how the different teams contribute
tothis
3. Work collaboratively with parents, carers, schools, police 8nd volunteers
4. Eng8ge with the people in our community
5. Enhance and increase:
our partnership working
networks with other agencies
6. Collaborate with other social entities
7. Develop a communications and PR strategy that will raise awareness 8cross Torbay of
the YMCA'S work and achievements
8. Develop 8 fundr8ising strategythat:
engages our local community
accesses financial support from local and national gr8nts and aw8rding bodies
9. Ensure thatthe charity is:

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
financially robust and stable across all Se￿iceS to ensure its continued longevity
complies with the Charity Commission guidelines
OUR ACTIVITIES
YMCA South Devon seeks to meet the needs of children and young people in the South Devon
area by delivering quality, efficient, effective and economic8lly viable programmes and projects.
These programmes and projects aretailored to meetthe diverse needs of the community and are
focused on delivering positive outcomes to the overall community.
Our main programmes are:
1. Muddywellles Nursery
2. Flt for Llfe
3. Buddy Base
4. Nightstop
S. Toddler groups
Muddywellies, Nursery
Our nursery provision is for Oto 5 year olds. Our purpose-built nursery hasthe use of our amazing
outdoor space of gardens, woodlands and p18yground to encourage physical activity and
exploration of the environment around us. The children spend time together but are also
separated into age groupsfortheirtargeted earlyyears learning, the m8jorityof which is achieved
through pl8y, even when they are preparing for entry to compulsory education.
Fft for Llfe
This service is aimed at children and young people needing an alternative approach to education,
b8sed on meeting their social and emotionaL. It provides 8n altern8tive approach to education
for young people who h8ve fallen out of the traditional educ8tion system.
We work in sm81l group and one to one sitU8tlons with children 8nd young people that are
referred to us by the local authority or their school. By working in small groups or one to one, we
can build relationships wlth these vulnerable children 8nd young people to address their
personal. social and emotional needs and aLsoto worktowards enablingtheir education with us,
with a view to them returning to mainstream education as soon as is practicably possible. This
enrichesyoung people's lives who otherwise maywell be completelyout of the education system
and unsupervised duringthe school day, placingthem at unnecessary risk. The wider community
also benefits as young people become a constructive part of society.
Buddy Base
Through the workwith young people in our Fit for Life programme, we became aware of the huge
anxiety that chiLdren face when moving up from primaryto secondary school. Buddy Base is our
well-being youth group, which is specifically aimed at school years 5-8 to equip them with the

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
resilience and self-confidence to navigate this transition and provide them with peer support
along with the guidance from qualified and experienced youth workers.
Nlghtstop
This service is for young people that find themselves homeless. Launched in December 2021
Nightstop operates from YMCA South Devon offering a community response to youth
homelessness. It is an established service overseen by DePaul UK and offered in thirty-three
towns and cities across the UK. YMCA South Devon are also working closely with the local
authority and surrounding areas to assist with the appropriate next steps for the young person.
as we believe everyyoung person should have somewhere safe, to call home.
Toddler group
Following on from the pandemlc, we realised there were lots of new parents that had missed out
on the chance to meet fellow parents and for their children to socialise with others. Wriggles &
Giggles started and is a small group of parents and children that attend a weekly session led by
one of our experienced Earlyyears team.
YMCA charlty shops
We have had some of our Ioc81 YMCA shops close but do still have one in Torquay and one In
Paignton. They continue to be busy and active in our community 8nd, as 8Lways, we are grateful
for their hard work and the percentage of shop profits that we receive. all of which goes directly
to supporting the work we do.
SUMMARYOF KEYSUCCESSES
MuddyWeLLles
Our nurserycontinuesto offer a homefrom home experiencefor our children. We have continued
to develop our outdoor curriculum and guarantee 'muddy wellies, dailyl Our chiLdren thrive from
the supportive and nurturing care they receive, and parents give us positive feedback. With a
strong SEND offer, we are able to 8SSiSt our children with additional needs, so th8t they can
access the s8me daily progr8mme of activities.
Fit for Life
The second half of thls year saw a renewed stability with the appointment of a new Youth
Manager, following some difficult times with staff ing. Our alternative provision has continued to
support young people referred to us and help them achieve the best possible outcomes. By
working in a trauma informed w8y, offering bespoke packages, specifically tailored to a young
person's individual strengths, we are able to increase aspirations and self-esteem.
Buddy Base
Following our initial success, we aim to seek more fundingto expand this service and reach more
young people. In time we Sim to offer additionaLsessions that could include, for example, music,
drama and speciaList art workshops.

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
Nightstop
With 196 bed nights provided by us this year. this service is sadly very much needed in Torbay.
We continue to seek new hoststojoin us in providingthese important safe nights and our primary
focus remains securing funding to keep this service operating. Working in collaboration with
Torbay Council and YMCA Exeter, we are preparing to deliver 36 units of supported
accommodation in Torbay, this will enhance the options available for our young peopLe
accessing Nightstop as well as the young people already seeking accommodation in the bay.
CHALLENGESAND PLANS FOR THE FUTURE
CHALLENGES
The bulldlng
Due to the popularity of our seNices, we have outgrown our building and have had to install a
portacabin in the car park as 8 temporary office. Our buildlng is now over 55 ye8rs old and is no
longer watertight, with inadequate ventilation and minimal disability access. We are working on
securing funds to build a new building on our current site, which would be to current standard,
but also enable us to expand on what we currently offering as well as offering additional
seNices. So far our attempts to find adequate funding haven't been successful. If this
continues to prove beyond our reach, we will attemptto secure funds to repair and replace
where possible.
Recrultment and retentlon
This rern8ins an issue for the sector as 8 whole 8nd we continue to work hard to look at creative
Ways to not only recruit staff but to ensure that they receive quality training and support that
maintains their confidence and motivation. We continue to 'grow our own, through
apprenticeships and our newlytrained apprentices have continued to workforYMCASD.
PLANS FOR THE FUTURE
Muddywellies will continue to offer quality childcare and expand our services to meetthe
growing needs of parents and will further evoLve as we strive to address the expansion of
government funded childcare.
Fit for Life WILL continue to be an aLtern8tive provision for children and young people that
struggle to access mainstream education. With more spaee we will aim to expand our offer to
include Post 16 as many of our young people find the transition to the next stage of their
education very difficult.
Nightstop is pLanningto introduce a 'Daystop' service so ouryoung people have somewhere
safe to go during the day. We 81so aim to assist with supported accommodation as. currently,

YMCA South Devon
Trustees, Report for the year ended 31 August 2024
there is very little provision in Torb8y which offers the appropriate amount of supportto enable
young peopLe to live independently.
Toddler Group
Our toddler group is well attended. and parents feedback tells us thatthe group has"a lovely
atmosphere. inclusive. supportive & welcoming-l've met lots of new mums" and "I love the arts
& crafts and the singing & dancing". In time we would like to expand our offerto include
sessions offering specific support on topics such as weaning, safe sleeping, baby massage,
messy play etc.
FINANCIAL REVIEW
After making appropriate enquiries, the trustees have a reasonable expectation that the
company has adequate resources to continue in operational existence for the nearfuture.
For this reason, they continue to adopt the going concern basis in preparing the financi8L
statements. Furtherdet8ils regardingthe adoption of the going concern basis can befound in the
Accounting Policies.
Since the period end we h8ve been working hard to build on our programmeto ensure profitability
so that we can meet our costs and begin to build our reserves.
The gross incoming resources for the period were £854,970 and the net outgoing resources
expended were £830,401. This leaves a movement in funds of £24,569. Totalfunds on 31 August
2024 were £107,739.
The period has seen some ch8LLengingtrading, but with some new initi8tives in place we hope to
build expand our current services to offer an improved service for the community we seNe.
The Chief Executive 8nd the Leadership te8m continue to work hard at identifying other ways we
can grow and achieve sustainability and how we can best serve our local community for the
future years to come. The str8tegy continues to include pursuing funding sources for new
projects that meet our over8LI objectives and raising awareness of the work w8 currently do.
Small company provlsions
This report has been prepared In accordance with the small companies regime under the
Comp8nies Act 2006. Approved by the Board and signed on its beh8Lf by:
Wendy Thomas
Director 8nd Trustee
Date 31 March 2025

YMCA South Devon
Independent Examiners Report
I report on the accounts of the charity forthe year ended 31" August 2024, which are set out on
pages 11 to 24.
Responsibilities and basis of the report
As the charity's trustees of the Company {and also its directorsforthe purposes of company lawl
you are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent ex8mination, I report in respect of my
examination of your charity's accounts as carried out under section 145 of the Charities Act 2011
(the'2011 Act,). In carrying out my examination I have followed the Directions given bythe Charity
Commission under section 145 {5) (b) of the 2011 Act.
Independent examlner's statement
Slnce the Company's gross income exceeded £250,000 your ex8miner must be a member of a
body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the
ex8mination because l am a member of the Institute of Chartered Accountants in England and
Wales.
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in respect of the Comp8ny as required by section 386
of the 2006 Act: or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'true and fairview which
Is not 8 matter considered ss part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles
of the Ststement of Recommended Practice for accounting 8nd reporting by charities
[applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)].
I have no concerns 8nd have come across no other matters in connection with the examination
to which 8ttention should be drawn in this report in orderto enable a proper understanding of
the accounts to be reached.
lan Barrett FCA FCIE
Barretts
Chartered Accountants
22 Union Street
Newton Abbot TQ12 2JS
Dated 8. May 2025
10

YMCA South Devon
Statement of Financial Activities (including Income and Expenditure
Account)
Unrestricted
Funds
Restrlcted
Funds
TOTAL
2024
TOTAL
2023
Note
Income from:
Donations and legacies
Other trading activities
Charitable activities
Investment income
Total Income
40.549
29.705
754,452
177
824,883
26,707
3.380
67,256
33.085
754,452
177
854.970
66.214
32.075
650,155
30.087
748,444
Expendlture on:
Raising Funds
Charitable activities
Total Expenditure
8,718
774,442
783.160
206
47,035
47.241
8,924
821.477
830,401
10.040
800,223
810,263
Net Income/(expendlture)
41,723
(17.154)
24.569
(61.819)
Transfer between funds
Net movement in funds
41,723
(17,154)
24.569
{61,8191
Reconclllation of funds
Total funds brought forward
39,407
43,763
83,170
144,989
Total fvnds carrled forward
81,130
26,609
107,739
83,170

YMCA South Devon
Balance Sheet
31 August 2024
TOTAL
2024
TOTAL
2023
Note
FIXED ASSETS
Tangible Assets
11
73,531
87,668
CURRENT ASSErs
Debtors
Cash at bank and in hand
12
957
95,535
96,492
7.585
75,712
83,297
CREDITORS . amountsfalllng due
wlthln one year
13
(39.625)
(40,225)
Net current assets
56.867
43,072
Total assets less current
Ilabilities
130,398
130,740
CREDITORS . amounts falling
due wlthln one year
14
(22.659)
{47,570)
TOTAL NEf ASSEf5
107.739
83,170
THE FUNDS OF THE CHARITY
Unrestricted
Restricted
TOTAL CHARITY FUNDS
81,130
26.609
107,739
39,407
43,763
83,170
Forthe financialyear ended 31 August 2024. the charitywas entitled to exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the
Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the smaLI companies regime.
Approved bythe Board on 31 March 2025 and signed on its behalf by:
WendyThomas
Director and Trustee

YMCA South Devon
Cashflow statement
31 August 2024
2024
2023
Net cash flow from operating actlvities
20,279
(77,157)
Cashflows from investing actlvlties
Proceeds of sale of Tangible fixed assets
Purchase of Tangible fixed assets
258
(714)
2,736
(4,368)
Net cash provided by/(used in) Investlng artlvltles
(456)
(1,632)
Change In cash and cash equlvalents In the reportlng perlod
19,823
{10,904)
Cash and cash equlvalents at I September
75,712
154,501
Cash and cash equlvalents at 31 Au8USt
95,535
75,712
Reconclllatlon on net Income/(expenditure) before investment galns
Net Income before Investment gains 31 August
Adjustments for:
24,569
{61,819)
Depreciation charges
Decrease/(increasel in debtors
14,593
6,628
14,149
{4,993)
IDecrease)/lncrease in creditors
Net Cash provlded by/(used In) operatlng actlvltles
125,511)
20,279
(24,4941
{77,157)
Analysis of cash and cash equivalents
Cash in Hand
Notice deposits (less than 3 months)
95,535
75,712
95,535
75,712

YMCASouth Devon
Notes to the Financial Statements
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as foLIows:
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of IreLand (FRS 102) (effective 1 January 2019) Charities SORP (FRS 102), the
Financial Reportingstandard applicable in the UK and Republic of Ireland (FRS 102) and the
Companies Act 2006.
YMCA South Devon meets the definition of a public benefit entity under FRS 102. Assets and
Liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy notes.
Going concern
The trustees have reviewed the future prospects of the charity and produced cashflow
projections up to 31 August 2024 which takes into account proposed income improvement
and cost saving mechanisms introduced during the year. On the basis of projections. the
trustees are confident that the company will continue to operate as a going concern for the
foreseeable future.
Fund accountlng policy
Unrestricted income funds are general funds, that are available for use at the trustees,
discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Designated funds are unrestricted funds set aside at the discretion of the trustees for the
specific purpose. Further details of each fund ar8 disclosed in note 17.
Incomlng, resources
Voluntary income including donations, and grants that provide core funding or are of a
general nature is recognised where there is entitlement; rec8iPt is probable, and the amount
can be measured with sufficient reLiability.
Shop income and income derived from events is recognised as earned {that is, as the related
goods or services are provided).
Income from charitable activities includes income recognised as earned las the related
goods and services are provided) under contract.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing
the charity to the expenditure. All expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all costs related to the category.

YMCA South Devon
Notestothe Financial Statements
Costs of generating funds comprise the costs associated with attracting voLuntary income
and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and seniices for its beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include costs of the preparation and examination of the statutory
accounts, the costs of trustee meetings and the cost of any legal advice, to trustees on
governance or constitutional matters.
Fixed assets
Individual fixed assets are capitalised and recorded at cost.
Depreclatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation,
less any estimated residual value, over their expected useful economic life as follows:
Long-term leasehold property
Property improvements
Camping Equipment
Motor Vehicles
Furniture and equipment
2% of cost
10% ofcost
33 % straight line
250A) reducing balance
15% reducing balance
Operating leases
Rentals payable under operating leases 8re ch8rged in the statement of financial activities
on a straight-line basis over the Lease term.
Penslon3
The charity participates in a defined contribution scheme. In accordance with SORP
IFRS102)
contributions to the schem8 are charged to the Statement of Financial Activities as they fall
due.
YMCA South Devon also participated in a multi-employer defined benefit pension plan for
employees of YMCAS in England, Scotland and Wales, which was closed to new members
and accruals on 30 April 2007. Due to insufficient information, the plan's actuary has
advised that it is not possible to separately identify the assets and liabilities relating to
YMCA South Devon.
As described in note 20, YMCA South Devon has a contractual obligation to make pension
deficit payments of £20,976 pa over the period to April 2027, accordingly this is shown as a
liability in notes 12 and 13 to these accounts. In addition, YMCASouth Devon is required to
contribute £4,539 pa to the operating expenses of the Pension Plan and these costs are
charged to the Statement of Financial Activities as made.
15

YMCA South Devon
Notes to the Financial Statements
Critical accounting judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, which are described above, the
Trustees are required to make judgements, estimates and assumptions about the carrying
amounts of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. ActuaL results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised if the
revision affects only that period, or in the period of revision and future periods is the
revision affects both current and future periods. There are no critical estimates or
judgements that the Trustees have made in the process of applying the accounting policies.
Flnancial Instruments
The charity only has financi8l assets and financial liabilities of a kind that quaLify as basic
financial instruments. Basic financial instruments are initially, recognised at transaction
value and subsequently measured at their settlement value.
16

YMCA South Devon
Notes to the Financial Statements
2. Donations and legacies
Unrestrirted
Funds
Restricted
Funds
TOTAL
2024
TOTAL
2023
Donations and legacies
Appeals and donations
8,678
10
8,688
20,415
Grants
Grants receivable
31.871
40,549
26.697
26,707
58.568
67,256
45,799
66,214
3. Other Tradlng Actlvltles
Unrestricted
Funds
Restrlcted
Funds
TOTAL
2024
TOTAL
2023
Fundraising
Rent and service charges received
16,363
13,342
29.705
3,380
19,743
13,342
33,085
20,692
11,383
32,075
3.380
4. Income resources from charitable activities
Unrestricted
Funds
Restricted
Funds
TOTAL
2024
TOTAL
2023
Schools work
After School Clubs, Holiday Activities
and Nursery
Intervention Youth Work
463,886
463,886
337,657
290.566
754.452
290,566
754,452
312,498
650,155
5. Investment Income
Unrestricted
Funds
Restricted
Funds
TOTAL
2024
TOTAL
2023
Investment income
Bank deposit interest
177
177
177
177

YMCA South Devon
Notes to the Financial Statements
6. Total resources expended
Unrestricted
Funds
Restricted
Funds
2024
2023
Raising funds
Fundraising costs
8.718
206
8.924
10,040
Charltable activltles:
Cost of goods sold
Employment costs exc pensions
Employment costs- pensions
Establishment costs
Repairs and maintenance
Off ice expenses
Printing, postage and stationery
Sundry and other costs
Cleaning
Motor expenses
Travel and subsistence
Advertising and promotion
Accountancy and legal fees
Bank charges
Legal and professional costs
Bad debts
Loss on sales of tangible fixed assets
Depreciation of tangible fixed assets
14.993
636.333
30,898
18.612
4.336
11,565
5.324
7,860
2,224
9,536
544
38,301
15,537
674,634
30.898
18.612
4.543
12.564
6,436
12.274
2,899
9.536
758
9,402
2,590
(1,444)
5,274
2.371
2,217
12,376
821.477
17,516
636,151
27,160
16,200
7,493
18,500
6,861
15,078
3,612
13,967
1,154
8,987
2,814
1,724
8,857
207
999
1.112
4.414
675
758
9,377
2,590
(1.444)
5,274
2.371
2,217
12,376
774,442
25
736
13,413
800,243
47,035
Total Expendlture
783,160
47.241
830.401
810,263
Expenditure for the year includes £47,241 (2023: £61,251) in respect of restricted funds and
£783,160 (2023: £749.012) in respect of unrestricted funds.

YMCA South Devon
Notes to the Financial Statements
7. Trustees. remuneration and expenses
One trustee is also an employee of the charity and received remuneration of £45,461 (2023:
£44,876) in respect of their employment during the year. None of the trustees received any
remuneration in respect of their roles as trustees or reimbursement of expenses during the
year.
The charity has taken out a policyfor CharityTrustees Indemnity Insurance. The cost during
the year ended 31 August 2024 was £1,939 (2023: £1,724).
8. Net expenditure
Net expenditure is stated after charging:
2024
2023
Loss/lProfit) on disposal of tangible fixed assets
Depreciation of tanglble flxed assets
2,217
12,376
736
13,413
9. Employees remuneration
The average number of persons employed by the charity (including trustees) during the
year, analysed by category, was as follows:
TOTAL
2024
TOTAL
2023
Youth activities
Administrative activities
Management activities
26
26
36
35
The aggregate payroll costs of these persons were as follows:
TOTAL
TOTAL
2023
2024
Wages and salaries
Other pension costs
674.634
30.898
705,532
636,151
27,160
663,311
19

YMCA South Devon
Notes to the Financial Statements
No employees received benefits of more than £60,000.
The total employee benefits of the key management personnel of the charity were
£151,430 (2023: £142,634)
10. Taxation
The company is a registered charity and is, therefore, exempt from direct taxation.
11. Tangible fixed assets
Leasehold
and other
interests In
land and
buildings
Plant and
machinery
includlng
motor
vehicles
Fixtures.
fittlngs, and
equipment
TOTAL
Cost
As at I September 2023
Additions
Disposals
212,145
3,300
74,500
714
289,945
714
(3,300)
(3,3001
As at 31 August 2024
212,145
75,214
287,359
Depreciation
As at I September 2023
Elimlnation on disposals
Charge for the year
139,913
825
(825)
61,539
202,277
{825)
12,376
10,301
2,075
As at 31 August 2024
150,214
63,614
213,828
Net book value at 31 August 2024
61,931
11,600
73,531
Net book value at 31 August 2023
72,232
2,475
12,961
87,668
12. Debtors
2024
2023
Trade debtors
957
7,585
7,585
957
20

YMCASouth Devon
Notes to the Financial Statements
12. Creditors amounts falllng due within 1 year
2024
2023
Trade creditors
Taxation and social security
Other creditors
Agreed additional pension contribution5
3,313
8,191
7,145
20,976
39,625
4.788
10.014
5,120
20,303
40,225
13. Creditors amounts falling after more than one year
2024
2023
Agreed additional pension contributions
22,659
22,659
47,570
47,570
14. Member's liabllity
The charity is a private company limited by guarantee and consequently does not have share
capital. Each of the members is liable to contribute an amount not exceeding £1 towards the
assets of the charity in the event of liquidation.
15. Operating lease commltments
As at 31 August 2024, the charity had total commitments under non-cancellable operating
leases as follows:
Operating leases which expire:
2024
2023
Within 5 years
26,255
35,576
16. Related parties
Controlling Entity
The charity is controlled by the trustees who are alL directors of the company.
There were no related party transactions during the year.
21

YMCASouth Devon
Notes tothe Financial Statements
17. Analysls of funds
Current year:
Atl
September
2023
Incoming
resources
Resources
expended
Transfer5
At 31 August
2024
General Funds
Unrestricted Income Fund
39,407
824,883
(783,1601
81,130
Restrlcted Funds
Nightstop
Total
43,763
83,170
30,087
854,970
(47,241)
(830,4011
26,609
107,739
Prevlous year:
Atl
September
2022
Incoming
resources
Resources
expended
Transfer
At 31 August
2023
General Funds
Unrestricted Income Fund
73,194
702,180
{749,012)
13,045
39,407
Restricted Funds
IT fund
Kitchen fund
Awards for all
Trusthouse refurbishment
Devon IT
Nightstop
318
561
2,326
2,337
1,096
65,157
71,795
144,989
(48)
(85)
(349)
(351)
{165)
160,2531
(61,251)
(810,263}
{270)
(476)
(1,977)
{1,986)
1931)
(7,0451
113,045)
46,264
46,264
748,444
43,763
43,763
83,170
Total
Restricted Funds
Nightstop Project
Income was received for the setting up and running of a Nightstop project, placing young
people at risk of homelessness with trained volunteers.
22

YMCA South Devon
Notes to the Financial Statements
18. Net assets by fund
Tangible
Fixed Assets
Net Current
Assets
Long Term
Liabilities
TOTAL
Restricted Funds
Nightstop
26,609
26,609
30,258
56,867
26,609
26,609
81,130
107,739
Unrestricted Funds
Total
(22,659)
(22,659)
73,531
19. Penslons
Defined Contrlbution Scheme
During the year ended 31 August 2024, the charity mad8 payments towards its defined
contribution scheme.
YMCA Pension Plan
YMCA South Devon participated in a contributory pension plan providing defined benefits
based on final pensionable pay for employees of YMCAS in England, Scotland and Wales.
The assets of the YMCA Pension Plan are held separately from those of YMCA South Devon
and at the year-end these were invested in the Mercer Dynamic De-Risking Solution, 40%
matching portfolio and 60% in the growth portfolio and Schroder (property units only).
The most recent completed three-year valuation was as at 1 May 2023. The assumptions
used which have the most significant effect on the results of the valuation are those relating
to the assumed rates of return on assets held before and after retirement of 4.16¥0 and 2.66%
respectively, the increase in pensions in payment of 3.61%, (for RPI capped at 5% p.a.), and
the average life expectancy from normal retirement (of 66) for a current male pensioner of
22.2 years. female 24.1 years, and 24.Oyears for a male pensioner, female 26.0 years, retiring
in 20 years time. The result of the valuation showed that the actuarial value of the assets was
£132m. This represented 86% of the benefits that had accrued to members.
The Pension Plan was closed to new members and future service accrual with effect from 30
April 2007. With the removal of the salary Linkage for benefits al empLoyed deferred members
became deferred With the removal of the salary linkage for benefits all employed deferred
members became deferred members as from 1 May 2011.
The valuation prepared as at 1 May 2023 showed that the YMCA, Pension Plan had a deficit
of £21.3 million. YMCA South Devon has been advised that it will-need to make monthly
contributions of £1,748 from 1 May 2024. This amount is based on the current actuarial
assumptions (as outlined above) and mayvary in the future as a resultof actual performance
of the Pension PLan. The current recovery period is 14years commencing 1st May2015.
23

YMCA South Devon
Notes to the Financial Statements
Repayable
One to
Two to
two
five
years
Within
One year
After
five
years
After
more
than one
year
Total
2024
Total
2023
years
As at 31 August
2024
As at 31 August
2023
20,976
20,976
1,683
22,659
43,635
20,303
20,303
27,267
47,570
67,873
In addition, YMCASouth Devon may have overtime Liabilities in the event of the non-payment
by other participating YMCAS of their share of the YMCA Pension Plan's deficit. It is not
possible currently to quantify the potential amount that YMCA South Devon may be called
upon to pay in the future.
During the year ended 31 August 2024, the charity made payments towards the deficit and
administration costs of £24.238 {2023: £25,183).
24