2023-03-31-accounts - Blackburn YMCA

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Trustees			MrADrake
			Mr D Hall-Device
			M R Mulloy
			Mr G Oatridge
			Mr BRCooke
			Ms SHartley
			Mrs 3 Browne			(Appointed	27 September 2022)
			Mr M D Patt(neon			(Appointed	25October 2022)
			Mrs LPrentice			(Appointed	25 October 2022)
Secretary			M Lloyd
Charity number			1106196
Company	number		05194135
Homes England		PRP Number	4639
Registered	utica		StAlbans Road
			Lytham StAnnes
			Lancashire
			FY8 1XD
Auditor			Champion Accountants		LLP
			Unit 2 Olympic	Court
			Whitehills Business Park
			Blackpool
			Lancashire
			FY4 5GU

		Page
Trustees' report
Ratement oftrustees'	responsibilities
independent auditor's	report	5-8
Statement offinancial	activities
Balance sheet		to
Statement ofcash flows
Notes to the financial	statements	t2-28

			Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2023	2023	2023	2022 as	2022 as	2022as
							restated	restated	restated
		Notes		6			6	6	6
Income and endowments			from
Charitable activities		3			269,554	269,554		209,200	209,200
Investments		4		612,332		612,332	498,563		498,563
Other income		5		6,127		6,127	28,927		28,927
Total income				618,459	269,554	88S,013	527,490	209,200	736,690
Exgeedmt~n:
Charitable activities		7		388,817		388,817	209,444	79,582	289,026
Other				210,184		210,184	125,556		125,556
Total expenditure				599,001		599,001	335,000	79,582	414,582
Net incoming resources
before transfers				19,458	269,554	289,012	192,490	129,618	322,108
Gross transfers
between funds				997,054	(997,054)		209,200	(209,200)
Net incomel(expenditure)
for the yearl
Net incomingl(outgoing)
resources				1,016,512	(727,500)	289,012	401,690	(79,582)	322,108
Other recognised		gains and		losses
Actuarial loss on
defined benefit
pension schemes				(1,532)		(1,532)	(9,242)		(9,242)
Net movement	in funds			1,014,980	(727,500)	287,480	392,448	(79,582)	312,866
Fund balances at 1April
2022				3,411,147	727,500	4,138,647	3,018,699	807,082	3,825,781
Fund balances	at	31
March 2023				4,426,127		4,426,127	3,411,147	727,500	4,138,647

				2023	2022 as	2022 as
					restated
			Notes		6
Fixed assets
Tangible assets			12	5,475,982	4,675,444
Investment	properties		13	7,031,203	7,031,203
				12,507,185	11,708,647
Current assets
Debtors				5,413	210,067
Cash at bank and in		hand		507,108	493,164
				512,521	703,231
Creditors:	amounts	falling due within
one year			16	(444,678)	(473,193)
Net current	assets			67,843		230,038
Total assets less current liabilities				12,575,028	11,936,685
Creditors:	amounts	falling due after
more than	one year		17	(8,131,247)	P,778,827)
Provisions	for liabilities		19	(17,654)		(19,411)
Net assets				4,426,127	4,138,647
income funds
Restricted	funds		22			727,500
i)nfaatrictntUunfta
Designated	funds		21	356,748	213,592
General unresbicted		funds		4,069,379	3,197,555
				4,426,127	3,411,'I47
				4,426,127	4,138,647

				2023		2022	as
						restated
			Notes			f
Cash flows from operating		activities
Cash generated from operations			27		347,247		115,390
Investing activities
Purchase oftangible fixed assets				(858,181)		(4,304,294)
Investment income received				612,332		498,563
Net cash used in investing		activities			(245,849)		(3,805,731)
Financing activities
Proceeds from borrowings						90,000
Proceeds of new bank loans						2,291,350
Repayment of bank loans				(87,454)		(81,737)
Net cash {used in)/generated		from
financing activities					(87,454)		2,299,613
Net increasel(decrease) in	cash and cash
equivalents					13,944		(1,390,728)
Cash and cash equivalents	at beginning		ofyear		493,164		1,883,892
Cash and cash equivalents		at end of	year		507,108		493,164

			Charitable	Charitable
			Income	income
			2023	2022 as
				restated
				6
	Performance	related grants		200,000
	Grant amortisation		269,554	9,200
			269,554	209,200
4	Investments
			Unrestricted	Unrestricted
			funds	funds
			2023	2022 as
				restated
				6
	Rental income		612,117	498,552
	Income from	listed investments	215	11
			612,332	498,563
5	Other income
			Unrestricted	Unrestricted
			funds	funds
			2023	2022as
				restated
			5
	Other income		6,127	28,927

Supportcosts
		Support Governance				2023	Support	Governance	2022 as
		costs f		costs f			costs f	costs f	restatedf
Operating lease charges		5,415				5,415	65,000		65,000
Central management
cost		16,491				16,491	38,954		38,954
Audit fees				5,740		5,740		4,840	4,840
Legal and professional				91,349		91,349		24,049	24,049
Bank charges				116		116		16,489	16,489
		21,906		97,205		119,111	103,954	45,378	149,332
Analysed between
Charitable activities		21,906		97,205		119,111	103,954	45,378	149,332
Governance costs includes payments			to the auditors		of	f5,740(2022 as restated-		f4,840)for audit fees.
Charitable activities
								Charitable	Charitable
								Expenditure	Expenditure
								2023	2022 as
									restated
								f	f
Staff costs								43,966	37,126
Depreciation and impairment								57,642	662
Grant to Bolton YMCA								80,000
Repairs 8 maintenance								44,461	74,683
Property insurance								30,650	21,918
Motor &travel expenses								4,451	997
Telephone								159	55
Postage &stationery									1,792
Grant funded programmes								3,785	2,461
Charitable expenditure	heading 12							4,592
								269,706	139,694
Share of support costs (see note 6)								21,906	103,954
Share ofgovernance	costs (see note		6)					97,205	45,378
								388,817	289,026
Analysis by fund
tfnrestricted funds								388,817	209,444
Resbicted funds									79,582

The average	monthly number ofemployees during th	e year was:
		2023	2022as
			restated
		Number	Number
Employment	costs	2023	2022as
			restated
			6
Wages and salaries		42,867	36,314
Other pension costs		1,099	812
		43,966	37,128

					Unrestricted	tlnrestricted
					funds	funds
					2023	2022 as
						restated
tfet loss	on disposal oftangible fixed assets					2,648
Financing	costs				210,184	122,908
Tangible	fixed assets
				Leasehold	Assets under	Total
				improvements	construchon
				6
Cost
At 1April	2022				4,675,443	4,675,443
Additions					858,181	6,391,805
Transfer	to Leashold property			5,533,624	(5,533,624)
At 31 March		2023		5,533,624		5,533,824
Depreciation		and impairment
Depreciation		charged	in the year	57,642		57,642
At 31 March		2023		57,642		57,642
Carrying	amount
At 31 March		2023		5,475,982		5,475,982
At 31 March		2022			4,675,444	4,675,444

Debtors
				2023	2022as
					mstated
Amounts	falling		due within one year:	6
Trade debtors				5,092	2,567
Other debtors					207,500
Prepayments		and	accrued income	32'I
				5,413	210,067
Loans and overdrafts
				2023	2022as
					restated
					8
Bank loans				5,197,182	5,287,426
Otherloans				92,790	90,00G
				5,289,972	5,377,426
Payable	within	one year		143,193	130,321
Payable	alter	one	year	5,146,779	5,247,105
Amounts	included		above which fall due after five years:
Payable	by instalments			(4,131,643)	(4,444,683)

Creditors: amounts falling due within one year
		2023	2022as
			restated
	Notes		6
Bank loans	15	135,693	122,821
Other borrowings Other taxation and social security Deferred income	18	7,500 (6,313) 262,028	7,500 {1,792) 262,028
Payments received on account		5,80?
Trade creditors		27,836	64,376
Accruals and deferred income		12,127	18,260
		444,678	473,193
Creditors: amounts falling due after more than one year
		2023	2022 as
			restated
	Notes		5
Bank loans Other borrowings Deferred income Other creditors		5,061,489 85,290 2,809,468 175,000	5,164,605 82,500 2,356,522 175,000
		8,13'l,247	7,778,827

17	Creditors: amounts falling due after more than one year

			2023	2022 as
				restated
				6
Arhing Other	from government deferred income	grants	2,841,246 230,250	2,388,300 230,250
			3,071,496	2,618,550

18	Deferred income	Deferred income				(Continued)
					2023	2022 as
						restated
						5
	Deferred income is included		within:
	Current liabilities				262,028	262,028
	Non-current	liabilities			2,809,468	2,356,522
					3,071,496	2,618,550
	Movements	in the year:
	Deferred income at 1April 2022				2,618,550	2,167,500
	Released from previous periods				(269,554)	(9,200)
	Resources	deferred in the year			722,500	460,250
	Deferred income at 31 March 2023				3,071,496	2,618,550
19	Provisions	for liabilities			2023	2022 as
						restated
				Notes		5
	Retirement	benefit obligations		20	17,654	19,411
					17,654	19,411

				Movement	in funds		Movemsnt	in funds
			Balsilce at	Incoming	Resources	Balance at	Incoming	Resources	Balance at
		1	Aprg 2021	msources	expended	1Apnl 2022	resources	expended	31March 2023
			E	E	E	E	E	E	E
Major	repairs
fund			108,452	147,928	(42,788)	213,592	147,926	(43,408)	318,110
			108,452	147,928	(42,788)	213,592	147,926	(43,408)	318,110

Capital commitments	Capital commitments				2023	2022as
						restated
					8	8
At 31 March	2023the	charity had capital commitments		as follows:
Contracted	for bui not	provided	in the financial statements:
Acquisition	ofproperty,	plant and equipment				676,953

			2023	2022as
				restated
			6
Within	one	year		5,417

Cash generated from operations	2023	2022as
		restated
		6
Surplus for the year	289,012	322,108
Adjustments for.
Investment income recognised in statement offinancial activiTies (Gain)/loss on disposal oftangible fixed assets Depreciation and impairment oftangible fixed assets Difference between pension charge and cash contributions	(612,332) 57,642 (3,290)	(498,583) 2,648 662 (L908)
Movements in working capital:
Decrease/(increase) in debtors (Decrease)/increase in creditors Increase in deferred income	204,656 (41,387) 452,946	(203,674) 43,067 451,050
Cash generated from operations	347,247	115,390

Analysis ofchanges	in net (debt)lfunds
		At 1Aprii 2022	Cash aowsAt 31 March 2023
		6	6	6
Cash at bank and in hand		493,164	13,944	507,108
Loans falling due within Loans falling due after	one year mare than one year	(130,321) (5,247,105)	(12,882) 100,326	(143,193) (5,'l46, 779)
		(4,884,262)	101,388	(4,782,864)