2023-03-31-accounts

			Page
Reference and administrative		details
Trustees' report			2-8
Independent auditor's	report		9-12
Statement offinancial	activities		14
Balance sheet			15
Statement ofcash flows			16
Notes to the financial	statements		17-28

Charity name	Charity name	Charity name			Maidstone YMCA
Charity number					1110087(England		and		Wales)
Company		number			05460005 (England			and Wales)
Principal	and		registered	office	Sports and Community				Centre
					Melrose Close
					Maidstone
					Kent ME15 6BD
Trustees					V A Wallis MBE(President					and Company		Secretary)
					8W P Price (Chair)
					5I Fraser-Mackintosh				(Vice Chair)
					DJMortimer
					5I Rose (resigned		2	March		2023)
					M Dewsbury
					I Newbury
					KA Mandy (resigned			28 September			2022)
					I A Collins (resigned			19April 2022)
					N Harvey (appointed			2 March 2023)
Key management					A I Bantock (Chief		Executive Officer)
Independent			auditor		Lindeyer Francis Ferguson					Limited
					Chartered Accountants
					North House
					198High Street
					Tonbridge
					Kent TN9 1BE
Bankers					Lloyds Bank Pic				Close Brothers
					18Week Street				10Crown Place
					Maidstone				London
					Kent ME14 1RW				EC2A 4FT
Solicitors					Gullands
					16Mill Street
					Maidstone
					Kent ME156XT
Investment		advisors			Rathbone Investment				Management		Limited
					Port of Liverpool	Building
					Pier Head
					Liverpool
					L3 1NW

			2023	2023	2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	E	E	E	E
Income from:
Donations, grants and	legacies		4,394	13,200	17,594	84,961
Charitable activities			1,015,999	14,737	1,030,736	863,018
Other trading activities			2,008		2,008	2,148
Investments			2,647		2,647	2,798
Tata I			1,025,048	27,937	1,052,985	952,925
Expenditure on:
Charitable activities		6	1,027,825	31,187	1,059,012	965,019
Net expenditure		7	( 2,777)	(3,250)	( 6,027)	( 12,094)
Increase in provision for	pension fund deficit	13	(1,974)		( 1,974)	( 4,978)
Net losses on investments	- Unrealised		( 17,564)		( 17,564)	( 536)
Net movement in funds			( 22,315)	( 3,250)	( 25,565)	( 17,608)
Reconciliation offunds:
Total funds brought forward			4,613,141	102,800	4,715,941	4,733,549
Total funds carried forward		14	4,590,826	99,550	4,690,376	4,715,941

				2023	2023	2022	2022
			Note		E	E
Fixed assets
Tangible assets			9		4,219,524		4,164,514
Investments			10		228,045		246,964
					4,447,569		4,411,478
Current assets
Stocks				2,852		1,996
Debtors			11	42,624		37,530
Cash at bank and in hand				401,404		481,052
				446,880		520,578
Creditors: amounts	falling due
within one year			12	( 95,195)		( 87,489)
Net current assets					351,685		433,089
Total assets less current		liabilities			4,799,254		4,844,567
Creditors: amounts	falling due
after more than one	year		13		( 108,878)		( 128,626)
Total net assets					4,690,376		4,715,941
The funds ofthe charity:
Restricted funds					99,550		102,800
Unrestricted funds					4,590,826		4,613,141
			14		4,690,376		4,715,941

						2023	2022
					Note	E	E
Cash flows from operating		activities:
Net cash from operating	activities				A	62,848	28,813
Cash flows from investing		activities:
Interest received						2,647	2,798
Purchases of investments							( 245,938)
Purchase oftangible fixed assets						( 146,498)	( 28,582)
Net cash used in investing		activities				( 143,851)	( 271,722)
Change in cash and cash	equivalents		in the	year		( 81,003)	( 242,909)
Cash and cash equivalents		at the beginning		ofthe year		482,614	725,523
Cash and cash equivalents		at the end	ofthe year			401,611	482,614
Being
Cash at bank and in hand						401,404	481,052
Cash balances on investments					10	207	1,562
						401,611	482,614
A. Reconciliation ofnet expenditure			to net	cash flow from operating
activities
Net expenditure for the year						( 25,565)	( 17,608)
Depreciation charges						91,488	83,990
Net losses on investments						17,564	536
Interest received						( 2,647)	( 2,798)
Increase in stocks						( 856)	( 1,384)
Increase in debtors						( 5,094)	( 23,615)
Decrease in creditors						( 12,042)	( 10,308)
Net cash from operating	activities					62,848	28,813

INCOME FR	OM	DONATI	ON	S, GRANTS AND LEGACIES
					2023	2022
					E	E
Coronavirus	lob	Retention		Scheme		11,349
Other COVID-19		grants				52,144
Grants from	trusts and		foundations		17,594	12,686
Legacies						8,782
					17,594	84,961
In the preceding		period,	income ofE9,800was restricted.
INCOME FROM		CHARITABLE ACTIVITIES
					2023	2022
					E	E
Sports and	community		centres		745,091	615,805
Pre-school	income				285,645	247,213
					1,030,736	863,018

6	EXPENDITURE ON CHARITABLE ACTIVITIES	EXPENDITURE ON CHARITABLE ACTIVITIES	EXPENDITURE ON CHARITABLE ACTIVITIES	EXPENDITURE ON CHARITABLE ACTIVITIES
					2023	2023	2023	2022
					Direct costsf	Support costsf	Totalf	Total f
	Sports and	community	centres		602,197	108,953	711,150	625,912
	Pre-school				306,093	41,769	347,862	339,107
					908,290	150,722	1,059,012	965,019
							2023f	2022f
	Direct costs comprise:
	Staff costs						503,525	422,474
	Other staff	costs					14,206	9,852
	Depreciation						91,488	83,990
	Direct activity costs						70,748	56,448
	Advertising	and marketing					4,671	7,361
	Legal and professional		costs				5,272	5,014
	Premises costs						128,234	125,319
	Insurance	and licences					22,183	23,049
	Office and	other costs					35,462	34,557
	Irrecoverable VAT						32,501	30,735
							908,290	798,799
							2023f	2022f
	Support costs comprise:
	Staff costs						135,585	153,525
	Investment	management		fees			1,358	2,500
	Office and	other costs					5,129	2,445
	Governance costs:
	Audit fees						7,650	6,750
	Other						1,000	1,000
							150,722	166,220

7	NET EXPENDITURE	NET EXPENDITURE
							2023	2022
							E	E
	Net expenditure	is stated after			charging:
	Depreciation						91,488	83,990
	Auditor's remuneration			for audit services			7,650	6,750
	Auditor's remuneration			for non-audit		services	1,000	1,000
8	STAFF COSTS
							2023	2022
							E	E
	Gross salaries						578,883	519,156
	Employer's National		Insurance		contributions		19,843	17,303
	Employer's pension		contributions				5,317	5,662
	Coaching costs						35,067	33,878
							639,110	575,999

TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
			Freehold	Plant Er	Fixtures &		Office	Total
			property E	equipment E	fittings E		equipment f
Cost
At 1April 2022			4,605,552	421,672	257,669		95,420	5,380,313
Additions				138,886	7,612			146,498
Disposals				( 95,000)				( 95,000)
At 31March 2023			4,605,552	465,558	265,281		95,420	5,431,811
Depreciation
At 1April 2022			619,459	347,729	155,099		93,512	1,215,799
Charged for the year			57,447	18,842	13,549		1,650	91,488
Eliminated on disposal				( 95,000)				( 95,000)
At 31March 2023			676,906	271,571	168,648		95,162	1,212,287
Net book value
At31March 2023			3,928,646	193,987	96,633		258	4,219,524
At 31March 2022			3,986,093	73,943	102,570		1,908	4,164,514
Freehold property	includes	land	valued atf1,733,238(2022:f1,733,238)which			is	not depreciated.
INVESTMENTS				Listed			2023 f	2022f
				investments	Cash held		Total	Total
Market value
At31March 2022				245,402	1,562		246,964
Additions								247,500
Net losses on investments				( 17,564)			( 17,564)	( 536)
Movements in cash balances					(1,355)		(1,355)
At 31March 2023				227,838	207		228,045	246,964

DEBTORS
		2023	2022
		E	E
Trade debtors		2,128	4,316
Prepayments and accrued income		30,274	25,595
Other debtors		10,222	7,619
		42,624	37,530
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2023	2022
		E	E
Trade creditors		30,356	19,449
Accruals and deferred income		25,169	26,743
Tax and social security			1,316
Pension liability	(see notes 13and 17)	21,418	21,143
Other creditors		18,252	18,838
		95,195	87,489

The mov	ement on deferred income, which relates to subscrip	tions and grants, is as follows:
		2023	2022
		E	E
Balance	at 1April 2022	17,191	36,865
Released	to income	( 17,191)	( 36,865)
Received	in the year and deferred	13,019	17,191
Balance	at 31March 2023	13,019	17,191

					2023 E	2022f
Pension liability			(see note 17)		108,878	128,626
					108,878	128,626
Pension liability
At 1April 2022					149,769	165,934
Payments made					( 21,447)	( 21,143)
Increase in provision					1,974	4,978
At 31March 2023					130,296	149,769
Due within one year					21,418	21,143
Due in more than	one year				108,878	128,626
MOVEMENT ON FUNDS
CURRENTYEAR		Brought	Income	Expenditure,	Transfers	Carried
		forward		gains and losses		forward
Restricted funds:
Tovil Community	Centre	98,900		( 2,300)		96,600
Kent Community	Foundation	3,900		( 3,900)
KCC Reconnect			8,000	( 8,000)
Maidstone Borough Council			5,000	( 2,050)		2,950
Holiday Activities	and Food		14,737	( 14,737)
Ukraine support			200	( 200)
		102,800	27,937	( 31,187)		99,550
Unrestricted funds
Designated funds:
Freehold land and buildings		3,887,191		( 55,145)		3,832,046
Bequest		8,782				8,782
General fund		717,168	1,025,048	( 992,218)		749,998
		4,613,141	1,025,048	( 1,047,363)		4,590,826
Total funds		4,715,941	1,052,985	(1,078,550)		4,690,376

ANALYSIS OF NET ASSETS BETWEEN FUNDS
	Iinrestricted	Restricted	Totalfunds
	funds	funds
CURRENT YEAR	E
Fixed assets	4,350,969	96,600	4,447,569
Net current assets	347,785	3,900	351,685
Creditors due in more than one year	( 108,878)		( 108,878)
	4,589,876	100,500	4,690,376
PRIOR YEAR
Fixed assets	4,312,578	98,900	4,411,478
Net current assets	429,189	3,900	433,089
Creditors due in more than one year	( 128,626)		( 128,626)
	4,613,141	102,800	4,715,941