## ## ## |Trustees||Mr A Drake|Mr A Drake||||| |---|---|---|---|---|---|---|---| |||Mr D Hall-Davies|||||| |||M R Mulloy|||||| |||Mr C N Seamarks|||||| |||Mr G Oatridge||||(Appointed|23 November| |||||||2021)|| |||Mr B R Cooke||||(Appointed|23 November| |||||||2021)|| |||Ms S Hartley||||(Appointed|25 January| |||||||2022)|| |Secretary||M Lloyd|||||| |Charity number||1106198|||||| |Company|number|05194135|||||| |Registered|office|StAlbans|Road||||| |||Lytham St|Annes||||| |||Lancashire|||||| |||FY8 1XD|||||| |Auditor||Champion|Accountants||LLP||| |||Unit 2 Olympic||Court|||| |||Whitehills|Business Park||||| |||Blackpool|||||| |||Lancashire|||||| |||FY4 5GU|||||| ## |||Page| |---|---|---| |Trustees'
report||1-4| |Independent
auditor's|report|5-8| |Statement offinancial|activities|| |Balance sheet||10| |Statement ofcash flows||| |Notes to the financial|statements|12-26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restricted|Tota I| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||funds|funds||funds|funds|| |||||Notes||2022
f.|2022
F||2021
6|2021f|2021
6| |||wm||n|fro||||||| |Donations
and|legacies|||||||||827,112|827,112| |Charitable
activities|||||||660,250|660,250||2,184,600|2,184,600| |Investments||||||498,563||498,563|516,823||516,823| |Other income||||||28,927||28,927|9,680||9,680| |Total income||||||527,490|660,250|1,187,740|526,503|3,011,712|3,538,215| |~gtito~ur|n:||||||||||| |Charitable
activities|||||7|209,444|79,582|289,026|190,669|57,310|247,979| |Other||||||125,556||125,556|110,387||110,387| |Total expenditure||||||335,000|79,582|414,582|301,056|57,310|358,366| |Net income for the year/|||||||||||| |Net incoming|resources|||||192,490|580,668|773,158|225,447|2,954,402|3,179,849| |Other recognised|||gains||and|losses|||||| |Actuarial
loss on|||||||||||| |defined benefit|pension||||||||||| |schemes||||||(9,242)||(9,242)|(1,282)|(2,112)|(3,394)| |Net movement|in|funds||||183,248|580,668|763,916|224,165|2,952,290|3,176,455| |Fund balances|at|1 April|||2021|3,018,699|2,974,582|5,993,281|2,794,534|22,292|2,816,826| |Fund balances at|||31 Nlarch||||||||| |2022||||||3,201,947|3,555,250|6,757,197|3,018,699|2,974,582|5,993,281| ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||Notes|6|6| |Fixed assets||||||| |Tangible assets||||12|4,675,444|868,454| |Investment|properties|||13|7,031,203|6,537,209| ||||||11,706,647|7,405,663| |Current assets||||||| |Debtors||||14|210,067|6,394| |Cash at bank and in|||hand||493,164|1,883,892| ||||||703,231|1,890,286| |Creditors:|amounts||falling due within|||| |one year||||16|(211,165)|(125,255)| |Net current|assets||||492,066|1,765,031| |Total assets less current liabilities|||||12,198,713|9,170,694| |Creditors:|amounts||falling due after|||| |more than|one|year||17|(5,422,105)|(3,165,336)| |Provisions|for|liabilities||19|(19,411)|(12,077)| |Net assets|||||6,757,197|5,993,281| |Income funds||||||| |Restricted
~trd|funds
d|d||21|3,555,250|2,974,582| |Designated|funds|||20|213,586|108,452| |General unrestricted|||funds||2,988,361|2,910,247| ||||||3,201,947|3,018,699| ||||||6,757,197|5,993,281| ## ## ||||||2022|2021|| |---|---|---|---|---|---|---|---| |||||Notes|8|F|| |Cash flows from operating||activities|||||| |Cash generated
from operations||||27|115,390||1,954,164| |Investing|activities||||||| |Purchase oftangible
fixed assets|||||(4,304,294)|(643,725)|| |Investment|income received||||498,563|516,823|| |Net cash used in investing||activities|||(3,805,731)||(126,902)| |Financing|activities||||||| |Proceeds|from borrowings||||90,000||| |Proceeds|of new bank loans||||2,291,350||| |Repayment|ofbank loans||||(81,737)|(87,477)|| |Net cash|generated
from/(used||in)||||| |financing|activities||||2,299,613||(87,477)| |Net (decrease)/increase
in||cash and cash|||||| |equivalents|||||(1,390,728)||1,739,785| |Cash and|cash equivalents|at beginning||ofyear|1,883,892||144,107| |Cash and|cash equivalents|at end ofyear|||493,164||1,883,892| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|Donations||and legacies||| |---|---|---|---|---|---| |||||Total|Restricted| ||||||funds| |||||2022f|2021
6| ||Donations|and gifts|||827,112| |4|Charitable||activities||| |||||Charitable|Charitable| |||||Income|Income| |||||2022|2021| |||||6|6| ||Performance||related grants|660,250|2,184,600| ## ## ## ## |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2022f|2021| |Rental|income|498,552|516,800| |Income|from listed investments|11|23| |||498,563|516,823| ## |Unrestricted|Unrestricted| |---|---| |funds|funds| |2022
6|2021f| |28,927|9,680| ## ## ## ## ||||Charitable|Charitable| |---|---|---|---|---| ||||Expenditure
Expenditure|| ||||2022|2021| ||||f|f| |Staff costs|||37,126|13,228| |Depreciation|and impairment||662|828| |Housing
rents||||(311)| |Repairs
&maintenance|||74,683|69,083| |Property
insurance|||21,918|22,156| |Motor &travel|expenses||997|228| |Telephone|||55|60| |Postage 8 stationery|||1,792|30| |Grant funded|programmes||2,461|10,673| ||||139,694|115,975| |Share of support costs (see note 10)|||103,954|72,043| |Share of governance||costs (see note 10)|45,378|59,961| ||||289,026|247,979| |Analysis
by|fund|||| |Unrestricted
funds|||209,444|190,669| |Restricted funds|||79,582|57,310| ||||289,026|247,979| ## ## |2022|2021| |---|---| |Number|Number| ## ## ## |Employees|||||||(Continued)| |---|---|---|---|---|---|---|---| |Employment
costs||||||2022|2021| |||||||6|6| |Wages and|salaries|||||36,314|13,025| |Other pension costs||||||812|203| |||||||37,126|13,228| |There were no employees||whose annual|remuneration|was more than|F60,000.||| |Support costs|||||||| |||Support Governance||2022|Support|Governance|2021| |||costs|costs||costs|costs|| |||E|F||F|F|| |Operating|lease charges|65,000||65,000|32,500||32,500| |Central management|||||||| |cost||38,954||38,954|39,543||39,543| |Audit fees|||4,840|4,840||5,060|5,060| |Legal and|professional||24,049|24,049||45,774|45,774| |Bank charges|||16,489|16,489||9,127|9,127| |||103,954|45,378|149,332|72,043|59,961|132,004| |Analysed
between|||||||| |Charitable|activities|103,954|45,378|149,332|72,043|59,961|132,004| ## ## ## |11|Other||||||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|Unrestricted| |||||||funds|funds| |||||||2022|2021| ||Net loss on disposal oftangible|||fixed assets||2,648|| ||Financing|costs||||122,908|110,387| |12|Tangible|fixed assets|||||| ||||||Assets under|Fixtures and|Total| ||||||construction|fittings|| ||||||E||| ||Cost||||||| ||At 1 April|2021|||865,144|43,647|908,791| ||Additions||||4,304,294||4,304,294| ||Disposals|||||(43,647)|(43,647)| ||Transfer to investment||property||(493,994)||(493,994)| ||At 31 March 2022||||4,675,444||4,675,444| ||At 1 April|2021||||40,337|40,337| ||Depreciation
charged||in the year|||662|662| ||Eliminated|in respect ofdisposals||||(40,999)|(40,999)| ||Carrying|amount|||||| ||At 31 March 2022||||4,675,444||4,675,444| ||At 31 March 2021||||865,144|3,310|868,454| ## |Investment
property||| |---|---|---| |||2022f| |Fair value||| |At 1 April 2021||6,537,209| |Transfers
from assets|in course of construction|493,994| |At 31 March 2022||7,031,203| ## ## ## |14|Debtors|||||| |---|---|---|---|---|---|---| ||||||2022|2021| ||Amounts|falling due within one year:|||6|6| ||Trade debtors||||2,567|6,394| ||Other debtors||||207,500|| ||||||210,067|6,394| |15|Loans and overdrafts|||||| ||||||2022|2021| ||||||E|F| ||Bank loans||||5,287,426|3,077,814| ||Other loans||||90,000|| ||||||5,377,426|3,077,814| ||Payable|within one year|||130,321|87,478| ||Payable|after one|year||5,247,105|2,990,336| ||Amounts|included|above which|fall due after five years:||| ||Payable|by instalments|||(4,444,683)|(2,640,418)| ## ## ## ## ||||Notes|2022
F|2021f| |---|---|---|---|---|---| |Bankloans|||15|122,821|87,478| |Other borrowings||||7,500|| |Other taxation|and social security|||(1,792)|73| |Trade creditors||||64,376|18,254| |Accruals and deferred||income||18,260|19,450| |||||211,165|125,255| |Credi|tors: amounts
falling due after m|ore than one year||| |---|---|---|---|---| ||||2022|2021| |||Notes|F|6| |Bank|loans|15|5,164,605|2,990,336| |Other|borrowings||82,500|| |Other|creditors||175,000|175,000| ||||5,422,105|3,165,336| |The loan of|f175,000 is unsecured,
interest free|and with no fixed repayment
t|erms.|| |---|---|---|---|---| |Provisions|for liabilities||2022|2021| |||Notes|F.|6| |Retirement|benefit obligations|19|19,411|12,077| ||||19,411|12,077| ## ## ## ||||N
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«L0| ||U.|||||||||||||||||||||||| ## ## ## |24|Capital commitments|Capital commitments|||2022
F|2021f| |---|---|---|---|---|---|---| ||At 31 March|2022 the|charity had capital commitments|as follows:||| ||Contracted|for but not|provided
in the financial statements:|||| ||Acquisition|of property,|plant and equipment||676,953|4,518,437| ## ## ## ## ## ## ||During the year the charity received income|During the year the charity received income|totalling E498,550|totalling E498,550|totalling E498,550|totalling E498,550|(2021:|f516,800) from other YMCA's who|f516,800) from other YMCA's who|f516,800) from other YMCA's who| |---|---|---|---|---|---|---|---|---|---|---| ||occupy
property
owned
by Blackburn|YMCA.||The|board|of trustees||of|Blackburn
YMCA includes
a|| ||member
from each ofthe tenant YMCA's.|||||||||| |27|Cash generated
from operations||||||||2022|2021| ||||||||||E|f| ||Surplus for the year||||||||773,158|3,179,849| ||Adjustments
for.|||||||||| ||Investment
income recognised
in statement||offinancial||activities||||(498,563)|(516,823)| ||Loss on disposal oftangible
fixed assets||||||||2,648|| ||Depreciation
and impairment
oftangible|fixed assets|||||||662|828| ||Difference between
pension charge and|cash contributions|||||||(1,908)|(1,844)| ||Movements
in working
capital:|||||||||| ||(Increase)
in debtors||||||||(203,674)|(5,443)| ||Increase/(decrease)
in creditors||||||||43,067|(702,403)| ||Cash generated
from operations||||||||115,390|1,954,164| |28|Analysis
ofchanges
in net (debt)/funds|||||||||| ||||||||At 1 April|2021f|Cash llowsAt 31 March 2022
f
E|| ||Cash at bank and
in hand||||||1,883,892||(1,390,728)|493,164| ||Loans falling due within one year||||||(87,478)||(42,843)|(130,321)| ||Loans falling due after more than one year||||||(2,990,336)||(2,256,769)|(5,247,105)| ||||||||(1,193,922)||(3,690,340)|(4,884,262)|